Many beneficiaries search for the best Medicare Supplement insurance plans in Georgia to fill in gaps for copayments, deductibles, and coinsurance. If you live in Georgia and have already qualified for Original Medicare insurance or are about to soon, here’s what you should know to maximize your benefits and minimize the rates you pay.
How much do Medicare Supplement Plans cost in Georgia?
For illustration purposes, the following data shows rates for Medicare Supplement Insurance plans in Georgia applicable to a 65-year-old female nonsmoker living in DeKalb County, zip code 30002. For this sample, the average monthly rate is about $127.
|Plan Type||Premium Range|
|Plan G||$111.75 - $139.82|
|Plan N||$96.42 - $123.00|
What is the best Medicare Supplement plan in Georgia?
1. Best for full coverage: Plan F
Plan F has the most comprehensive Medicare benefits but is no longer available for sale. If you were newly eligible for Medicare before January 1, 2020 and enrolled in this plan, you are allowed to retain it.
2. Best comprehensive plan: Plan G
Plan G is the most comprehensive plan for beneficiaries who became eligible for Medicare after January 1, 2020. Some Medicare recipients who had the choice to buy Plan F would compare the two plans and decide that they liked the cost savings that Plan G offers.
3. Best Value: Plan N
If you want comprehensive coverage and are willing to trade some benefits for a lower monthly premium, Plan N is a great value.
Plan N does require the following copayments:
- Up to $20 for a doctor visit
- Up to $50 for emergency room visits (waived if the visit leads to admittance)
4. Best cost savings: High-deductible Plan F
High-deductible Plan F offers the same benefits as the original plan. Because benefits are not paid until you meet a high deductible, the premium is substantially lower. If you are in overall good health and do not anticipate a lot of medical expenses, you may find this trade-off worthwhile. In 2022, the deductible is $2,490. Once you satisfy this deductible, the plan will cover 100% of the costs.
5. Lowest premiums: High-deductible Plan G
High-deductible Plan G offers the same benefits as the original plan. Because benefits are not paid until you meet a high deductible, the premium is substantially lower. If you are in overall good health and do not anticipate a lot of medical expenses, you may find this trade-off worthwhile. In 2022, the deductible is $2,490. Once you satisfy this deductible, the plan will cover 100% of the costs.
What Companies Sell Medigap Plans in Georgia?
Following is a sample list of private health insurance companies that sell Medigap policies in Georgia. The ratings refer to the financial strength of these insurers as assessed by A.M. Best:
- Cigna: A (excellent)
- Aetna: A (excellent)
- Mutual of Omaha: A+ (superior)
- Humana: A (excellent)
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.
State Medicare Resources
Georgia Enrollment Statistics
- Over a million Georgians are enrolled in enrolled in Medicare Part A and Part B.
- Over 300,000 Georgians have Medigap policies.
- The most popular of the Medicare insurance plans in Georgia is Plan F.
- The five largest Georgia counties include Fulton, Gwinnett, Cobb, DeKalb, and Chatham Counties