Best Medicare Supplement Plans in Iowa

Overall, Mutual of Omaha offers most of our clients the best Medicare Supplement plans in Iowa; they offer affordable monthly premiums, household discounts, fast underwriting, and few policyholder complaints. They also offer extras, such as dental & vision discounts. Also, consider Plan N from Mutual of Omaha if you want a good-value, low-cost option.

What Do Medicare Supplement Plans Cover?

Each Medigap policy offers the same set of basic benefits. From there, plan options vary. Here’s an overview of the top four plans in Iowa and what they cover.

Medicare Supplement Plan G: Best Comprehensive Coverage

  • Medigap Plan G is cheaper than Medicare Plan F
  • It covers everything Plan F covers except for Medicare Part B deductible

Medicare Supplement Plan N: Best Copay Option

  • Medigap Plan N offers lower premiums than Medicare Plan G in return for paying more out-of-pocket.
  • Has copayments: $20 office, $50 ER

High-Deductible Medigap Plan G: Best For Lowest Cost

  • Annual deductible
  • High Deductible Plan G Has the Same coverage as a regular Plan G
  • Very low premiums in return for greater cost-share
  • Cheaper than High Deductible Plan F
  • In 2023, the deductible is $2,700. After the deductible is met, the plan will cover 100% of the costs.

Medicare Supplement Plan F: Best for Full Coverage

  • Medigap Plan F covers everything: Part A deductible, Part A and B coinsurance, Part B deductible, hospice, skilled nursing care, foreign travel emergency, three pints of blood, and excess charges.
  • Only open to Medicare beneficiaries who turned 65 before Jan. 1, 2020

Based on our review of several key factors, Mutual of Omaha is Iowa’s top Medicare Supplement company.

Although Mutual of Omaha Medigap plans may provide some of the most affordable options in Iowa, cost should not be the only factor when selecting a Medicare Supplement provider. Every company has its unique pros and cons based on its coverage methods.

Mutual of Omaha stands out among the competition due to its cost-effectiveness, numerous plan options, household discounts on premiums, and excellent customer satisfaction ratings.

This chart compares Mutual of Omaha with other Medicare Supplement companies in Iowa. You’ll find helpful information here, like sample premiums and ratings.

Plan G CostCompanyFinancial Strength
$128 Mutual of Omaha A
$136 AetnaA+
$159 CignaA
65 y/o male, nonsmoker
Plan N CostCompanyFinancial Strength
$89Mutual of OmahaA
65 y/o male, nonsmoker

When Can I Apply for a Medicare Supplement Plan?

The effective date for applying for a Medicare Supplement plan in Iowa is the date that you meet two criteria:

  • You’re age 65
  • Enrolled in Part B Medicare

You have six months to enroll. You have specific rights during this six-month window, called your Medigap Open Enrollment Period. The insurer cannot:

  • Refuse your application
  • Deny coverage for pre-existing health conditions
  • Impose waiting periods

How to Choose a Medigap Plan in Iowa

As you compare plans available in your area, consider these factors:

Monthly premium: This is paid in addition to your Part B monthly premium. It is a set amount you pay each month, regardless of whether or not you use your benefits. The premium costs are determined based on several factors, such as the type of plan selected, age, gender, tobacco use, and state of residence.

Plan options: With every type of plan, you are offered basic coverage for Part A copays and coinsurance, at least a portion of the Part B copays and coinsurance, three pints of blood, and hospice care. However, other benefits may not be included. Check which benefits are most important to you before finalizing your purchase.

Insurance provider: Always check the ratings and reviews to understand other people’s experiences when looking for a carrier. You can also contact a company representative to discuss their customer service levels and responsiveness.

Extra discounts: Some insurance companies offer additional benefits or discounts once you become a member. For example, you may have access to discounted hearing aid providers or eyeglass suppliers.

Frequently Asked Questions:

What Is the Cost of Medicare Supplement Plans in Iowa?

The premiums for these plans range from $50 to $250 per month, depending on various factors such as age, gender, and tobacco usage.

What Is the Best Medicare Supplement Provider in Iowa?

Two of the leading providers in the state are Mutual of Omaha and Aetna. Both offer different coverage options to help you get the necessary care.

What Is the Most Popular Medicare Supplement Plan?

The most popular Medicare Supplement plan is Plan G. It provides comprehensive coverage of the gaps in Original Medicare.

Next Steps

We specialize in guiding Medicare beneficiaries through their Medicare insurance options. We work with some of the nation’s top-rated Medigap carriers to ensure you’re getting the best possible service. Review our Medicare Supplement Plans Comparison Chart and look deeper at the plans. Additionally, you can call us today to learn more or request a quote online.

Article Resources:

Average quotes are for sample purposes only. Actual premiums are based on several factors, including health conditions, age, location, tobacco status, gender, and insurance provider.

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. In addition, his expertise is unmatched - having helped thousands of Medicare beneficiaries choose suitable healthcare plans for themselves - making him stand out above competitors.