Best Medicare Supplement Plans in Arkansas

There are ten Medicare Supplement insurance plans in Arkansas; these plans help Medicare beneficiaries make the most of their benefits by paying some of the Original Medicare deductibles, copayments, and coinsurance costs. In Arkansas, Medicare Supplement Plan G is the best plan, followed by Plan N and High Deductible Plan G.

Cigna offers the best rates on Plan G in Arkansas, priced at $139 per month.

What Do Medicare Supplement Plans Cover?

Below is a list of the top four plans with coverage highlights:

Most Popular: Medicare Supplement Plan G

  • Medigap Plan G is Arkansas’s most comprehensive Medicare Supplement insurance plan for beneficiaries.
  • Medicare Plan G offers lower premiums with almost the same benefits for those also qualified for Plan F.
  • It covers Part A deductible but not Part B deductible.
  • Covers Part B excess charges and coinsurance plus copayments and foreign travel emergency expenses.

Best Value: Medicare Supplement Plan N

  • Less comprehensive coverage for lower monthly premiums.
  • Covers deductible for Medicare Part A.
  • Plan N requires up to a $20 copay for doctor’s office visits.
  • Requires up to $50 copay for emergency room visits. The copay is waived if the beneficiary is admitted.

Best Low-Cost Option: High Deductible Plan G

  • High Deductible Plan G has the same benefits as a normal Plan G.
  • Annual Deductible of $2,700
  • Significantly Cheaper than Medicare Plan G
  • Considerably Cheaper than High Deductible Plan F yet Covers everything in high deductible F except for the Part B Deductible. 

Best Full Coverage: Medicare Supplement Plan F

  • Medicare Plan F is the most comprehensive Arkansas Medigap insurance policy for beneficiaries with a Medicare Part B effective date before January 1, 2020.

Based on our review of several key factors, Cigna is the top Medicare Supplement company in Arkansas.

Although Cigna Medigap plans may provide some of the most affordable options in Arkansas, cost should not be the only factor when selecting a Medicare Supplement provider. Every company has its unique pros and cons based on its coverage methods.

Cigna stands out among the competition due to its cost-effectiveness, numerous plan options, household discounts on premiums, and excellent customer satisfaction ratings.

This chart compares Cigna with other Medicare Supplement companies in Arkansas. You’ll find helpful information here, like sample premiums and ratings.

Plan G CostCompanyFinancial Strength
$139 Cigna A
$143Mutual of OmahaA+
$153 AetnaA
65 y/o male, nonsmoker
Plan N CostCompanyFinancial Strength
$111Mutual of OmahaA+
65 y/o male, nonsmoker

When Can I Enroll in a Medicare Supplement Plan?

Most Medicare beneficiaries apply for a Medigap plan in Arkansas during the six-month Medigap open enrollment period. The enrollment period automatically starts the month you’re 65 and enrolled in Medicare Part B. During this time, you can buy any Medigap policy sold in your state, even if you have health problems.

You can still change plans when the initial enrollment period is over, but it’s more complicated and potentially more expensive. After this enrollment period, insurers can consider your health condition, including preexisting conditions, when quoting a policy. Please note the Medigap open enrollment period is not the same as the Medicare Advantage open enrollment period. Please speak to your licensed insurance agent to clarify deadlines and enrollment periods.

How to Choose a Medigap Plan in Arkansas

As you compare plans available in your area, consider these factors:

Monthly premium: This is paid in addition to your Part B monthly premium. It is a set amount you pay each month, regardless of whether or not you use your benefits. The premium costs are determined based on several factors, such as the type of plan selected, age, gender, tobacco use, and state of residence.

Plan options: With every type of plan, you are offered basic coverage for Part A copays and coinsurance, at least a portion of the Part B copays and coinsurance, three pints of blood, and hospice care. However, other benefits may not be included. Check which benefits are most important to you before finalizing your purchase.

Insurance provider: Always check the ratings and reviews to understand other people’s experiences when looking for a carrier. You can also contact a company representative to discuss their customer service levels and responsiveness.

Extra discounts: Some insurance companies offer additional benefits or discounts once you become a member. For example, you may have access to discounted hearing aid providers or eyeglass suppliers.

Frequently Asked Questions:

What Is the Cost of Medicare Supplement Plans in Arkansas?

Plans range from $40 to $200 per month; the cost of Medicare Supplement plans in Arkansas can vary significantly based on the type of plan chosen, the region of the state where you reside, and the age of the individual seeking coverage.

What Is the Best Medicare Supplement Provider in Arkansas?

Cigna, Aetna, and Mutual of Omaha are some of the most well-known providers that offer excellent coverage.

Next Steps

We specialize in guiding Medicare beneficiaries through their Medicare insurance options. We work with some of the nation’s top-rated Medigap carriers so that you can be sure you’re getting the best possible service. Take a deeper look at the plans by reviewing our Medicare Supplement Plans Comparison Chart. Additionally, you can give us a call today to learn more or request a quote online.

Article Resources:

Average quotes are for sample purposes only. Actual premiums are based on several factors, including health conditions, age, location, tobacco status, gender, and insurance provider.

Mark Prip

For more than two decades, Mark Prip at My Medigap Plans has been an authority figure in the insurance industry and continues to uphold a mission to provide customers with comprehensive information about Medicare, life, and dental coverage. In addition, his expertise is unmatched - having helped thousands of Medicare beneficiaries choose suitable healthcare plans for themselves - making him stand out above competitors.