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Best Medicare Supplement Plans in Louisiana 2021

For many residents receiving Social Security benefits, Medicare Supplement plans in Louisiana provide extra help in covering out-of-pocket health care expenses. These out-of-pocket costs include coinsurance, copayments, and deductibles.

Most Louisianans file for Medicare when they turn 65. Younger individuals can qualify for Social Security and Medicare benefits if they’re disabled, have ALS, or end-stage renal disease. Louisiana requires insurers to provide supplemental insurance coverage to these younger beneficiaries. However, the premiums for Medicare Supplement plans in Louisiana are much higher for this younger age group.

What are the top 5 Medicare supplement plans in Louisiana?

Each Medicare Supplement insurance plan in Louisiana offers a different benefit package. Here’s how the top five compare:

1. Best full coverage: Plan F

  • Plan F covers everything: Part A deductible, Part B deductible, coinsurance, copays
  • Enrollment only open for beneficiaries eligible for Medicare before Jan. 1, 2020

2. Best comprehensive coverage: Plan G

  • Plan G pays everything except Part B deductible
  • Cheaper than Plan F
  • Most popular for beneficiaries whose eligibility for Medicare coverage starts after Jan. 1, 2020

3. Best value: Plan N

  • Lower premiums in exchange for more cost-share
  • Has $20 office visit copay and $50 ER copay
  • ER copay waived if admitted
  • Pays all Part B coinsurance after meeting copays
  • Does not pay Part B deductible or Part B excess charges

4. Best deductible based: High Deductible Plan F

  • Annual deductible
  • Lower premiums than Medicare Plan F in exchange for higher cost-share
  • Same coverage as Plan F
  • Must have Original Medicare start date before Jan. 1, 2020
  • In 2021, the deductible is $2,370. The plan will cover 100% of the costs after the deductible is met.

5. Best for lowest premiums: High Deductible Plan G

  • Same coverage as Medicare Plan G
  • Annual deductible
  • Cheaper than High Deductible Plan F
  • In 2021, the deductible is $2,370. The plan will cover 100% of the costs after the deductible is met.

What is the Best Supplemental Insurance to go with Medicare?

Plan options differ between the Medigap policies available in Louisiana. The best plan for you isn’t necessarily the best plan for your spouse. The following will help you as you begin to compare plans.

What is the most popular Medicare Supplement plan in Louisiana for 2021?

Plan F has the highest number of subscribers, but it’s no longer available to new Medicare Part B enrollees. Plan G is becoming the most popular plan in Louisiana for new subscribers.

Which plan has the best benefits in Louisiana?

For those who want to eliminate high out-of-pocket costs, Plan F and Plan G both offer comprehensive benefits. But Plan F is not an option for those eligible for Medicare after Jan. 1, 2020. Plan G pays everything that Plan F does except the Part B deductible.

How do I choose the best plan?

The best plan is one that meets your health care needs. When you compare Medigap policies, keep in mind the following:

  • Frequency of doctor visits
  • Health history
  • Current health conditions
  • Monthly budget

Our licensed insurance agents can help you compare plans based on your personal information.

Which Medigap company offers the best rates in Louisiana?

Insurers base your premium on a variety of factors, including gender, location, and pricing method. The pricing method is the way private health insurance companies treat age when calculating premiums:

  • Attained (current) age: You’ll automatically pay more at age 70 than age 65.
  • Issue age: If you enroll at 65, each year you pay the same rate a newly enrolled 65-year-old pays.
  • Community: A 75-year-old pays the same as a 65-year-old.

The best rate at age 65 might not be the best rate at age 75. We can help you compare current and future premium costs.

What is the Average Cost for a Medicare Supplement Plan in Louisiana for 2021?

Age and demographics affect the cost of your Medigap insurance. Here’s a cost comparison for a 65-year-old female who does not smoke living in Baton Rouge, zip code 73806:

  • Plan F: $173; range $133-$235
  • Plan G: $106; range $102-$140
  • Plan N: $110; range $91-$171

Average cost: $130

Common Louisiana Medicare Supplement Plan Questions

What Companies Sell Medigap Plans in Louisiana?

Many private insurance companies sell Medigap policies in Louisiana. Here are a few that have strong financial strength according to Standard & Poor’s:

  • Aetna: A+
  • Cigna: A
  • Mutual of Omaha: A+

When Can I Apply for a Louisiana Medicare Supplement Plan?

Your Medigap Open Enrollment Period begins when you meet two conditions:

  • You turn 65
  • You enroll in Medicare Part B

By joining during open enrollment, you have guaranteed issue rights:

  • The insurer must accept your application.
  • The insurer must cover pre-existing conditions.
  • The insurer cannot require medical underwriting.

If you enroll outside of your OEP, the insurance company can require underwriting, charge higher rates due to health condition, or deny coverage altogether.

There are special situations when Medicare beneficiaries have guaranteed issue rights, including when:

  • Your carrier discontinues coverage in your area.
  • Your group insurance through an employer ends.
  • You move out of the plan’s service area.

Our agents can help you determine whether your situation qualifies for guaranteed rights.

Be aware that there is no annual enrollment period with Medicare Supplement insurance plans in Louisiana like there is with Medicare Advantage and Medicare Part D plans. The effective date of your Medigap insurance is 30 days after you enroll.

Which is better, Plan G or Plan N?

Which plan is better comes down to your health condition and how much you want to pay out-of-pocket. Both plans offer good coverage, but neither pays the Medicare Part B deductible. Here’s a quick overview:

  • Basic benefits: Both pay 100% Medicare Part A deductible, coinsurance, and hospice; first three pints of blood, and skilled nursing coinsurance.
  • Part B coinsurance: Plan G pays 100%, Plan N pays 100% after copayments ($20 office visit, $50 ER visit)
  • Excess charges: Plan G pays; Plan N does not.
  • Premium: Medicare Plan N has lower monthly premiums.

What is Medicare Supplement Insurance?

Louisiana residents receive Medicare coverage through the federal Medicare program. When they enroll, they have two options for coverage:

  • Original Medicare (Medicare Part A and B)
  • Medicare Advantage Plan (Medicare Part C)

Medicare only pays 80% of approved medical expenses. You’re responsible for the other 20%. Depending on which plan you choose, your supplemental insurance policy pays all or part of your 20%. Because these policies supplement your Medicare Part A and Medicare Part B coverage, they only work with Original Medicare.

What Medigap insurance policies cover

There are 10 standardized Medicare Supplement insurance plans. Each offers the same basic benefits:

  • Medicare Part A coinsurance
  • Blood (first 3 pints)
  • Part A hospice care
  • Medicare Part B coinsurance

In addition to these basic benefits, a Medicare Supplement insurance plan in Louisiana might cover the following:

  • Part B excess charges
  • Part A deductible
  • Foreign travel emergency (up to plan limits)
  • Skilled nursing facility care

What Medicare Supplement plans in Louisiana don’t cover

Medicare Supplement plans, also called Medigap policies, don’t cover all of the health care services you might receive. Medigap plans don’t cover:

  • Prescriptions
  • Vision, hearing, dental
  • Long-term care

Part D is the piece of Medicare that deals with prescription drugs. For prescription drug coverage, you must buy a separate Part D Prescription Drug Plan through a private Medicare insurance company. Our licensed insurance agents can help you compare pricing for a Medicare Part D plan in your area.

Is Plan G the Best Medigap Plan in "State"?

How Much Does it Cost?

The average cost for Plan G in Louisiana is $121 for a 65-year-old female, nonsmoker. The following comparison illustrates how costs vary throughout the state.

  • New Orleans/70112: $140 average (range $123-$152)
  • Baton Rouge/70836: $106 average (range $102-$140)
  • Shreveport/71101: $117 average (range $102-$143)

What is the Plan G Deductible in 2021?

Plan G does not have a deductible. Part B Medicare has a $203 deductible for 2021.

What does Medigap Plan G Cover in Louisiana?

Related Topics

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.

Louisiana Medicare Resources

Louisiana Enrollment Statistics

  • The five largest counties in Louisiana are Plaquemines Parish, St. Bernard Parish, Terrebonne Parish, Cameron Parish and Vermilion Parish.
  • There were more than 850,000 Louisiana Medicare beneficiaries in 2018. Approximately 300,000 of those beneficiaries were enrolled in Medicare Advantage or Medigap policies.
  • In 2016, there were more than 140,000 people subscribed to Medicare Supplement insurance plans in Louisiana.
Key Take Aways
  • In Louisiana, Medicare Supplement Plan G is the most popular plan for 2021.
  • There are 10 Medicare Supplement Plans in Louisiana to choose from.
  • Medicare Supplement plans do not use a network, go wherever Original Medicare is excepted.
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