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Best Medicare Supplement Plans in Minnesota – Basic, Basic Extended Plus Benefits

Anybody soon to be enrolled in Medicare Part A and Part B should find information about the best Medicare Supplement insurance plans in Minnesota helpful. This overview of Minnesota Medigap plans can also help beneficiaries who are new to the state or who want to change their Medicare insurance plan

Best Types of Medicare Supplement Plans in Minnesota

Because there isn’t just one solution for people seeking the best Medicare Supplement insurance plan in Minnesota, the state offers a few choices for Medigap policies and optional riders. Even though the state has standardized these plans, private insurers market and administers Medicare Supplement plans in Minnesota.

Also, the standard Medigap plans in Minnesota are not the same as the federal Medigap plans used in most of the other states. In most states, there are 10 plans, including high deductible and standard plans.

Medigap Plan F and other popular plans in other states are not available in Minnesota. Minnesota has the main choice narrowed down to only two. 

As is true of all Medicare Supplement insurance plans, the coverage will help pay for various coinsurance, deductibles, and copayments that Original Medicare insurance — Medicare Part A and Medicare Part B — won’t cover for doctor’s visits, preventive care, inpatient hospital stays, home health or care in a skilled nursing facility. For example, your plan might include the Medicare Part B deductible.

Each plan has the same basic coverage through all of the private insurance companies like Blue Cross Blue Shield, and then recipients can upgrade at the cost of higher premiums.

These are the choices for Minnesota Medicare Supplement insurance plans that will reduce Medicare costs that aren’t covered by the federal Medicare program:

Benefits of Basic Plan in Minnesota:

Covers:

  • Basic benefits
  • Part A: skilled nursing facility (SNF) coinsurance (provides 100 days of SNF care)
  • 80% of foreign travel emergency
  • 50% of outpatient mental health
  • Medicare-covered preventive care
  • 20% of physical therapy
  • State-mandated benefits (diabetic equipment and supplies, routine cancer screening, reconstructive surgery, and immunizations)

Doesn’t Cover:

  • Part A: inpatient hospital deductible
  • Part B: deductible
  • Usual and customary fees
  • Coverage while in a foreign country

Benefits of Basic Extended Plus Plan in Minnesota:

Basic benefits:

  • Part A: inpatient hospital deductible
  • Part A: skilled nursing facility (SNF) coinsurance (provides 120 days of SNF care)
  • Part B: deductible
  • 80%* of foreign travel emergency
  • 50% of outpatient mental health
  • 80%* of usual and customary fees
  • Medicare-covered preventive care
  • 20% of physical therapy
  • 80%* of coverage while in a foreign country
  • State-mandated benefits (diabetic equipment and supplies, routine cancer screening, reconstructive surgery, and immunizations)

* The plan pays 100% after you spend $1,000 in out-of-pocket costs for a calendar year.

  • Four optional riders that can be added to the Basic Plan
  • Modified versions of some of the national plans

The choices for Medicare Supplement plans in Minnesota are actually simpler than they are in the states that offer a selection of 10 Medigap policies. A Medicare recipient can decide which option will be the best Medicare Supplement plan in Minnesota for their own unique needs and then compare premiums from various companies to find competitive prices.

The core plan’s benefits will be the same with each Medicare insurance company, but each insurance company has their own way of setting premium rates. Most insurers also bundle a discount plan in with each of their Medigap plans. These discount plans can help make other health-related services, like dental care, gym memberships, and vitamins, more affordable.

It’s also important to remember that most folks will also need drug coverage to go along with their Medigap plans in Minnesota. Like Original Medicare insurance, Medicare Supplement insurance plans will only offer limited prescription benefits. Medicare recipients don’t have to purchase Part D from the same company that they bought their Medigap plan from. In fact, many people who buy Medicare Supplement plans in Minnesota like to compare their health and pharmacy benefits on their own.

Enrolling in Minnesota Medigap Plans

When is the best time to find the best Medicare Supplement insurance plan in Minnesota? Everybody gets an Initial Enrollment Period around the time they first qualify for Part A and B. During this Medigap Open Enrollment Period, a Medicare insurance company may not ask health questions. They also cannot decline any applications because of a pre-existing health issue. In fact, they can’t even charge higher premium rates during this time.

Medicare recipients may also experience certain events that will trigger a Medicare Special Enrollment Period after their first Medigap Open Enrollment Period ends. Some circumstances that trigger these include losing a job with health insurance, having a previous plan discontinued, or moving into the state. During a Special Enrollment Period, qualified applicants are also guaranteed acceptance at standard premium rates.

At other times, Medicare beneficiaries may still get accepted for Medigap policies. However, the insurance company can charge higher rates or even refuse coverage because of pre-existing health conditions. To be certain of acceptance in the best Medicare Supplement insurance plan in Minnesota, it’s best to take advantage of a Guaranteed Enrollment Period. This is also the time that one can be most sure of getting offered competitive rates.

During your Open Enrollment Period, in addition to shopping for a Supplement that can help you maximize your Medicare benefits, you should also shop for prescription drug coverage. Signing up for a prescription drug plan during your Open Enrollment Period will help you enjoy these benefits:

Medicare Supplement Plans in Minnesota: Enrollment Statistics 

These statistics about Original Medicare insurance and Medicare Supplement plans in Minnesota may be informative:

  • Over 400,000 Minnesota beneficiaries were enrolled in Medicare Part A and Part B.
  • About 122,000, or 29 percent of those with Original Medicare insurance, choose to enroll in Medicare Supplement insurance plans in Minnesota.
  • The largest counties in Minnesota include Hennepin, Ramsey, Dakota, Anoka, and Washington.
  • Statewide, the average federal reimbursement for each beneficiary is about $8,500.

Minnesota Medigap and Medicare Resource

Minnesotans on Medicare may find these health care and health insurance resources helpful:

Whether you’re looking for a basic plan or an extended basic plan, we’ll help you understand the health plans that are available for Minnesotans. Then, we’ll help you sign up for Supplemental Medicare coverage that is right for you and that comes with a monthly premium that you can afford. 

We can also tell you about other plan options, such as Part C Medicare Advantage plans. These are often HMO plans, and they sometimes include Medicare Part D plans. 

Our insurance agents are here to chat, so call us today to learn more about Medicare plans that might be right for you!

Related Topics for Comparing Medicare Supplement Companies and Plans in Minnesota

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 AetnaCigna 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.

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