Best Medicare Supplement Plans in Arkansas

There are 10 Medicare Supplement insurance plans in Arkansas; these plans help Medicare beneficiaries make the most of their benefits by paying some of the Original Medicare insurance’s deductibles, copayments, and coinsurance costs. In Arkansas, Medicare Supplement Plan G is the best plan, followed by Plan N and High Deductible Plan G.

Mutual of Omaha offers the best rates on Plan G in Arkansas, priced at $143.00 per month.

Medicare Supplement Plan options in Arkansas:

Best Comprehensive Coverage: Medicare Supplement Plan G

Like Plan F, Plan G also helps pay copayments, coinsurance, and deductibles. The difference is that Plan F is a bit broader because it covers Medicare Part B deductible payments. Plan G does not.

Best Value: Medicare Supplement Plan N

Arkansas residents who select Medicare Plan N will pay lower premiums but incur more out-of-pocket expenses for their health plan. Those out-of-pocket costs include:

  • $20 copay for doctor’s appointments
  • Up to $50 for emergency room visits

Best Low-Cost Option: Medicare Supplement 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 

Medicare Supplement Plan F

Plan F has been the most popular of the Medicare Supplement insurance plans for Arkansas residents, but it is only available to those eligible for Medicare before Jan. 1, 2020.

Plan F offers the broadest coverage to help with copayments, coinsurance, and deductibles. It also covers Medicare Part B deductible payments.

Top Medicare Supplement Insurance Companies in Arkansas

When selecting a private insurance company for your Medicare Supplement insurance plans in Arkansas, you have many options. The following three companies are the most popular in your service area.

1. Cigna  Cigna makes it easy to find Medicare coverage right for you with flexible coverage options. In 2023, Cigna received a five-star rating from Medicare, the highest star rating possible.

2. Aetna Aetna offers a wide range of plan options for Medicare enrollees. In 2023, Aetna will have an overall weighted average of 4.0 out of 5.0 stars.

3. Mutual of Omaha Mutual was one of the very first companies to offer Medicare supplement plans after Medicare began in 1965. In 2023, Mutual of Omaha received 2.5 stars out of a 5-star rating.

How Much Does Medicare Supplement Insurance Cost in Arkansas?

Typically, policyholders spend an average of $129 per month for a Medicare Supplement plan in Arkansas.

Plan typePremium Range
Plan F$180.00 – $300.00
Plan G $117.00 – $220.00
Plan N$90.00 – $200.00
Premiums are based on Medicare Part B start date and or Medical underwriting.

The cost of Medigap monthly premiums is based on many factors, including:

  • Community-rated – Monthly premiums are the same for everyone with the Medigap policy, regardless of age. Premiums may go up because of inflation and other factors.
  • Issue age – The premium is based on your age when you buy the Medigap policy.
  • Attained age  – The premium is based on your current age, which goes up as you get older or due to inflation or other factors.

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.

Arkansas Enrollment Resources

Ready To Learn More?

My Medigap Plans is a rapidly growing resource for Medicare beneficiaries. We specialize in educating consumers on their options and guiding them through the plan selection process. We work closely with some of the nation’s top-rated carriers, such as Aetna, Cigna, and Mutual of Omaha. Compare our list of the 10 Best Medicare Supplement Insurance Companies or take a deeper look at the plans by reviewing our Medicare Supplement Plans Comparison Chart. Learn more about Medicare Part D Prescription Drug plans, or request a Medicare Supplement Plan Quote.

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. His expertise is unmatched - having helped thousands of Medicare beneficiaries personally choose suitable healthcare plans for themselves - making him stand out above other competitors.