Best Medicare Supplement Plans in Maine – F, G & N Benefits

Anybody who is enrolled in Medicare Part A and Medicare Part B is eligible to compare the best Medicare Supplement insurance plans in Maine. Maine Medigap policies can help seniors control their medical costs by paying for some or all of Original Medicare insurance’s deductibles, copayments, and coinsurance expenses. Plans with broader benefits will charge relatively higher rates and do a better job of reducing or even eliminating out-of-pocket costs.

Best Types of Medicare Supplement Plans in Maine

Even though Plan F has been the most popular out of all of the Medicare Supplement plans in Maine, a younger or healthier beneficiary may favor a plan with lower rates and fewer benefits. In order of popularity, Maine residents have favored Plan F, C, and N. To find the best Medicare Supplement insurance plan in Maine for your own unique situation, you will need to compare the premiums to the benefits that are likely to save you plenty of money if you do need healthcare.

This list highlights differences between these common Medigap plans to make them easier to compare:

Plan F comes with the broadest coverage and highest rates.
Plan C is only different from Plan F because it doesn’t have coverage for excess charges.
Plan N covers the same things as the more robust Medicare Supplement insurance plans in Maine, but it asks the policy owner to share more costs. In return, it has lower premiums.

With any of the Medicare Supplement plans in Maine, your benefits will be exactly the same from any Medicare insurance company. Each insurance company might set their own rates, so it’s important to compare premiums. In addition, they may offer a membership plan that can help you save money with discounts on such valuable products and services as dental and vision care, vitamins, and fitness center memberships. Mostly, you can pick the best Medicare Supplement plan in Maine and then compare prices.

As you compare rates for Medigap plans in Maine, remember that you will also need to enroll in a prescription plan. Most people enroll in a Medicare Part D drug plan. Without this kind of prescription plan, you won’t have help paying for most of the prescriptions you need. Neither Original Medicare insurance nor Medigap plans in Maine cover the types of prescriptions that you get from a pharmacy, but they may cover medicine you get in a hospital, another inpatient facility, and some outpatient facilities.

Benefits of Medicare Supplement Plan F in Maine:

If you want the maximum amount of Medicare coverage that you can get, Medigap Plan F in Maine is the plan that you will want. These Maine Medicare Supplement plans offer the most coverage of all of the Supplemental health plans:

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
Medicare Part B excess charges
First three pints of blood needed for a medical procedure
Coinsurance for care in a skilled nursing facility
Limited foreign travel emergency care

Medicare Supplement Plan F in Maine is the same whether you choose Aetna, Cigna, Mutual of Omaha or any other company. If you think this is the best Supplement policy for you, you should shop around for the lowest rates.

Then, you’ll know that you have the most Medicare benefits on top of what the federal Medicare program covers, and you’ll be paying reasonable monthly premiums, too.

Benefits of Medicare Supplement Plan G in Maine:

If you like the idea of having comprehensive Medigap benefits but if you’re hoping to find lower monthly premiums, Medigap Plan G in Maine is definitely a plan to consider. It’s almost as robust as Plan F, but your insurance agency’s monthly premiums should be noticeably cheaper for this plan.

Does NOT cover Medicare Part B deductible

Benefits of Medicare Supplement Plan N in Maine:

Some plan options offer a little less coverage but have much cheaper monthly premiums. Many Medicare beneficiaries in the United States find that Medigap Plan N in Maine is a great balance of affordability and good benefits.

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

Enrollment in Medicare Supplement Plans in Maine

To make sure you get accepted by the best Medicare Supplement insurance plan in Maine, you should apply for Medicare plans during a Medigap Open Enrollment Period. During this time, you get guaranteed acceptance by any Medicare insurance company. At other times, the insurance company could deny your application or charge you higher premiums.

You get an Initial Enrollment Period when you first join Medicare Part A and B and turn 65. You can delay your Medigap Open Enrollment Period if you still have health insurance from work or another source. If your circumstances change, you may also be able to take advantage of a Special Enrollment Period. For instance, you might get guaranteed enrollment in Maine Medicare Supplement plans if you lose prior coverage for certain reasons or move in or out of the area.

Even if you can’t be guaranteed acceptance for Maine Medicare Supplement insurance plans, an insurance company might still accept you. You will need to complete a health application, and they would have the option to decline you or charge higher rates, depending upon your answers to medical questions. That’s why it is still best to apply for Medigap plans in Maine when you know you are guaranteed acceptance at the regular rates.

During your Open Enrollment period, you should also start shopping for a Medicare Part D prescription drug plan. Prescription drug coverage helps Medicare beneficiaries save a lot of money. It won’t be included in your Medicare Supplement plan, whether you choose Plan A or Plan F, so you’ll need to buy it separately. It is included with some Medicare Advantage plans, though, so you can always talk to an insurance agent about this option instead of a Supplement, too.

Enrollment in Medicare and Medicare Supplement Plans in Maine

Review some basic facts about Maine Medigap and Medicare:

Just about one-quarter of a million Medicare beneficiaries live in Maine.
Of those enrolled in Medicare Part A and Part B, over 70,000 chose Medicare Supplement insurance plans in Maine.
About 40,000 chose Plan F as the best Medicare Supplement plan in Maine for their needs.

Resources for Medigap Plans in Maine

These state resources can help you with Medicare and Medigap plans in Maine:

If you qualify for Medicare due to a permanent disability and are under the age of 65 it might be beneficial to speak with one of our Medicare specialists in order to find a plan tailored to your unique needs.