California Medigap insurance policies are offered by licensed insurance companies authorized by the California Department of Insurance. Original Medicare often leaves seniors to pay overages, coinsurance, copayments and deductibles. It’s time-consuming and expensive to track all of those out-of-pocket expenses. Medicare Supplement insurance plans in California allow you to pay one monthly premium instead.
All Medicare Supplement plans are standardized by the federal government, so all plan types offer the same benefits. It’s still important to understand how the Medigap system works so that you select the best Medicare Supplement plan in California based on your healthcare needs and budget.
What are the best Medicare Supplement Plans in California?
1. Best full coverage: Plan F
Medicare Plan F has the most comprehensive benefit level; however, the beneficiary must have a Medicare start date prior to 1/1/20. It includes both the Medicare Part A deductible and Medicare Part B deductible.
2. Best comprehensive coverage: Plan G
Medicare Plan G has the most comprehensive coverage for those with an effective date post 1/1/20. Compared to Plan F, it has great cost savings, especially for those who can choose either.
3. Best value: Plan N
Medicare Plan N is great for those who want comprehensive coverage and are okay with trading certain benefits for monthly savings. This plan has $50 ER visit copays, but they will be waived if admitted. Also, doctor visits will cover up to $20 for copays.
Understanding the Cost of Medicare Supplement Plans in California
The average cost for a Medigap plan in California will depend on the insurer. Pricing is based on factors such as community ratings, issue age, and attained age.
– Community Rating: Priced for beneficiaries, no matter the age
– Issue age: Pricing is based on the age at the time of purchasing
– Attained age: Pricing will increase with age
|Plan Type||Premium Range|
|Plan G||$138.00 - $241.57|
|Plan N||$130.00 - $176.97|
How does the California Medigap Birthday Rule work?
As of January 1, 2020, the Medigap Birthday Rule in California allows you to make a change during the 60 days following your birthday each year. It used to be limited to 30 days. During this time, you can’t be charged more or turned down for coverage because of pre-existing medical conditions.
However, you are only allowed to switch to a plan with the same or fewer benefits as you already have.
Who sells Medicare Supplement Plans in California?
1. Cigna – This company is known for its knowledge and for helping its customers through the Medicare process. Cigna is a trusted company with over 165 million customers. Their online platform is easy to navigate, and you can access your plan anyplace, anytime.
2. Aetna – Aetna is one of the largest insurance companies with extensive extra benefits and more $0 premium Medicare Advantage plans.
3. Mutual of Omaha – MOO is one of the most financially stable insurers and is known for their customer satisfaction and local agents.
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 process of plan selection. We work closely with some of the nations 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 or about Medicare Part D Prescription Drug plans, or request a Medicare Supplement Plan Quote.
California Enrollment Statistics
California Enrollment Statistics
- The five largest California counties include Los Angeles County, San Diego County, Orange County, Riverside County, and San Bernardino County.
- As of 2019, close to 500,000 California residents were enrolled in Medigap plans.
- In 2019, more than 40 percent of Medicare beneficiaries were enrolled in Medicare Advantage or Medicare Supplement insurance plans in California.
- More than 3.5 million California residents were enrolled in Medicare Part A and Part B in 2019-2020.