Medicare Supplement Plans in Colorado

Medicare Supplement insurance plans in Colorado cover the out-of-pocket expenses that are your responsibility after Original Medicare insurance pays out. Those expenses are referred to as “gaps” in Original Medicare coverage. Some gaps include excess charges, coinsurance, copayments, and deductibles.

When you enroll in a Medicare Supplement plan in Colorado, you pay one premium to cover those gaps. That’s why the plans are referred to as Medigap policies. You’re eligible to apply for Colorado Medicare Supplement insurance plans after you turn 65 and are enrolled in Medicare Part A and Part B. However, some other rules and deadlines apply, so it’s never too soon to study the plans and compare rates online.

Medicare Supplement Plan options in Colorado:

Five Medicare Supplement insurance plans in Colorado are known for sweeping benefits. You can compare the plan options here:

Medigap Plan F

  • Highest level of coverage across all Medigap policies, including Part A deductible
  • One of only two plans that cover the Medicare Part B deductible
  • Covers Medicare Part A deductible
  • Can only be sold to beneficiaries eligible for Medicare prior to January 1, 2020, who are not yet enrolled

Medigap Plan G

  • Covers every benefit except the Part B deductible
  • Available to Medicare recipients with an eligibility effective date before or after January 1, 2020

Medigap Plan N

  • Lower monthly premium than Plans F and G
  • Covers Part B coinsurance but not copayments
  • No coverage for Part B excess charges or deductible

High-Deductible Plan F

  • Plan F deductible is due before the plan pays benefits
  • 2022 deductible: $2,490
  • Same benefits as Plan F but with less expensive premiums

High-Deductible Plan G

  • Deductible applies before the plan pays benefits
  • 2022 deductible: $2,490
  • Same benefits as Plan G with a reduced premium

Top Medicare Supplement Insurance Companies in Colorado

Private insurance companies sell Medicare Supplement insurance plans. Every Medicare insurance company that sells Medigap policies in Colorado must comply with federal and state regulations for your protection.

According to the Denver Post, the three companies in Colorado with the most market share are:

Medicare Supplement Insurance Cost in Colorado

Sample Profile

  • 65 years old
  • Female
  • Nonsmoker
  • Lives in Adams County, zip code 80022

65-Year-Old Female Non-Tobacco

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.

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.

Colorado Medicare Resources

Colorado Enrollment Statistics

  • The five largest counties in Colorado are Denver County, El Paso County, Arapahoe County, Jefferson County, and Adams County.
  • There were approximately 550,000 Colorado Original Medicare beneficiaries in 2018.
  • More than 300,000 Colorado Medicare recipients enrolled in Medicare Advantage or Medigap plans in 2018.
  • In 2015, more than 150,000 Medicare beneficiaries were enrolled in Medicare Supplement plans in Colorado. Approximately 70 percent of those Medigap enrollees chose Plan F.