Best Medicare Supplement Plans in Connecticut – F, G & N Benefits
The best Medicare Supplement plans in Connecticut can help Medicare beneficiaries with the deductibles, coinsurance, and copayments included in Original Medicare insurance. In this state, residents may choose from the ten Medigap policies that have been standardized by the federal government. In order to select the best Medicare Supplement plan in Connecticut for your needs, learn more about Connecticut Medigap and Medicare.
Best Tyes of Medicare Supplement Plans in Connecticut
Every local Medicare recipient has to make their own choice about the best Medicare Supplement insurance plan in Connecticut. As with any health insurance, it’s important to find the best balance between benefits and premiums. You can do your own research about Medicare plans to make a decision, and talking to an insurance agent can be helpful when looking for the plan that is right for you.
It’s interesting to notice that the Medigap plan in Connecticut with the most robust coverage, Plan F, has captured most of the market, and this is true even though they pay higher rates for more benefits. Apparently, most people who choose Medigap policies prefer to pay for very broad coverage, so they don’t have to pay many out-of-pocket bills. At the same time, a good number of local Medicare recipients would rather share some costs when they need medical care and enjoy lower premium rates each month. Whether you choose a high deductible Plan F or one of the health plans with a low monthly premium, there is a coverage option out there for you that will help you make more of the Medicare program.
These are the most popular Medicare Supplement plans in Connecticut with approximate enrollment figures:
- Plan F: 72,000
- Plan N: 16,000
- Plan C: 9,000
These tips can help you compare popular Medicare Supplement insurance plans in Connecticut:
- If you compare Medigap plans in Connecticut, you will see that Plan N offers broad coverage but requires more cost sharing on the part of the beneficiary. This means you may have more healthcare costs throughout the year, but you don’t have to worry about expensive monthly premiums.
- In contrast, Part C is almost identical Plan F. Part C does not cover excess charges, or the portion of the bill that is higher than what Medicare allows. Part C Medicare Advantage plans are a little different than Supplements, though, and they serve as separate coverage.
As a note, you will also need extra drug coverage with Medicare Supplement plans in Connecticut. Medigap only helps pay for prescriptions in situations that Original Medicare insurance would pay, and these are very limited. Beneficiaries do not have to buy Part D from the same Medicare insurance company they bought their Medicare Supplement insurance plans from, and some folks enjoy this freedom to choose the best insurance company for their drug benefits independently of their choice for the best medical plan.
Benefits of Medicare Supplement Plan F in Connecticut:
The most popular of the plan options is Medigap Plan F in Connecticut. Plan F offers additional benefits that other Connecticut Medicare Supplement plans do not offer.
After you’ve signed up for Medicare Parts A and Medicare Part B, you may want to explore this plan and compare pricing from different private insurance companies. Then, you’ll have the maximum amount of Medicare benefits that you can enjoy with a Supplement plan.
- Part A hospital coinsurance
- Hospital costs up to 365 days after benefits through Original Medicare are exhausted
- Part A hospice care copays or coinsurance
- Part A deductible
- Part B deductible
- Part B preventive office visit coinsurance
- Part B coinsurance or copays
- Excess charges for Medicare Part B
- First three pints of blood needed for a medical procedure
- Coinsurance for care in a skilled nursing facility
- Limited foreign travel emergency care
This Medigap plan, like other Supplement plans in Connecticut, does not offer prescription drug coverage. Medicare Part D prescription drug coverage will have to be bought separately. There are prescription drug plans available to help you enjoy this coverage.
Benefits of Medicare Supplement Plan G in Connecticut:
Medigap Plan G in Connecticut covers almost all of the benefits that Plan F covers, but it’s cheaper. This makes it a very appealing plan for cost-conscious Medicare beneficiaries who still want robust coverage.
- Does NOT cover Medicare Part B deductible
Benefits of Medicare Supplement Plan N in Connecticut:
For a much cheaper plan that still offers coverage, check out Medigap Plan N in Connecticut. You’ll want to be aware of what benefits it does and does not cover and about the cost-sharing that is involved.
- Does NOT cover Part B Deductible
- Does NOT cover Excess Charges for Part B
- Requires $20 copay for office visits
- Requires $50 copay for emergency room visits
When to Enroll in Connecticut Medicare Supplement Plans
In order to be certain you can buy the best Medicare Supplement insurance plan in Connecticut, you should time your enrollment. For instance, you get Guaranteed Enrollment Rights during the Initial Enrollment Period when you’re first enrolled in Medicare Part A and Part B. This is most often when you first turn age 65, however, some individuals do qualify for Medicare prior to age 65 due to a disability. During qualification period, you can be assured that the insurance company will accept your application and charge you competitive rates.
In addition, you may qualify for a Special Enrollment Period for losing prior coverage. This usually happens when older people lose group coverage because they retired or move into an area their old plan doesn’t cover. You may also trigger this kind of Medicare Open Enrollment Period if your old plan gets cancelled by the insurance company.
You’re still free to apply for Connecticut Medicare Supplement plans at other times. However, you will need to answer medical questions on your application, and you have to be worried about medical underwriting. If you do this, the Medicare insurance company could charge higher rates or even decline your application because of answers to health questions. That’s why it’s usually better to apply for Medigap plans in Connecticut during a Medigap Open Enrollment Period. You can be sure of acceptance and the best rates.
Enrollment in Medicare Supplement Plans in Connecticut
These facts will help you begin to explore Medicare and Medicare Supplement insurance plans in Connecticut:
- CMS reported that over 460,000 Connecticut Medicare beneficiaries were enrolled in Medicare Part A and Part B.
- Over 150,000 people choose to enhance their Original Medicare insurance with Medigap plans in Connecticut.
- Over two-thirds of people who bought Medicare Supplement plans in Connecticut opted for Medigap Plan F.
Resources for Medigap Plans in Connecticut
These are some helpful resources for Connecticut Medicare recipients in New Haven and elsewhere:
- Extra Help for Connecticut Medicare Recipients
- CMS: Centers for Medicare and Medicaid Services
Related Topics for Comparing Medicare Supplement Companies and Plans in Connecticut
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.