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Find Affordable Medigap Plans in Nevada

Best Medicare Supplement Plans in Nevada 2021

For the more than 500,000 Nevada seniors enrolled in the federal Medicare program, Medicare Supplement plans in Nevada offer a way to lower their out-of-pocket costs associated with health care. These medical expenses include deductibles and coinsurance, and they can add up quickly.

Medicare only pays 80% of approved expenses; Medicare beneficiaries are responsible for the remaining 20%. Medicare Supplement plans in Nevada bridge this coverage gap. That’s why they’re also called Medigap policies.

What are the Top 5 Medicare Supplement Plans in Nevada?

1. Best full coverage: Plan F

  • Best benefits
  • Highest premium because of high level of coverage
  • Eligibility for Medicare coverage must start before Jan. 1, 2020.

2. Best comprehensive coverage: Plan G

  • Best benefits for beneficiaries eligible for Medicare after Jan. 1, 2020
  • Better value than Medicare Plan F for those who have the option to choose either

3. Best value: Plan N

  • Broad coverage
  • Good for seniors interested in trading benefits for lower premiums
  • Has copays: $20 office, $50 ER copay

4. Best for low premiums: High Deductible Plan G

  • Has annual deductible, otherwise same benefits as Plan G
  • Cheaper than original Plan G
  • In 2021, the deductible is $2,370. Once you satisfy this deductible, the plan will cover 100% of the costs.

5. High Deductible Plan F

  • Has annual deductible, otherwise same as Plan F
  • Cheaper than original Plan F
  • In 2021, the deductible is $2,370. Once you satisfy this deductible, the plan will cover 100% of the costs.

What is the Best Supplemental Insurance to go with Medicare?

Plan options paired with manageable premiums help determine the best Medicare Supplement insurance plan. Here’s a starting point.

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

  • Most enrollees: Plan F
  • Most popular according to new purchases: Plan G

Which plan has the best benefits in Nevada?

The answer to this question depends on your individual health care needs. Here’s a review of how they compare:

  • Plan F: most coverage but only available to those eligible for Medicare after Jan. 1, 2020
  • Plan G: cheaper than Medicare Plan F, most comprehensive plan available to those Medicare eligible after Jan. 1, 2020
  • Plan N: great coverage, lower premiums than Plans F or G, has copays before Part B coinsurance coverage kicks in

How do I choose the best plan?

Our agents can help you make sense of it all, but here are points to consider:

  • Budget
  • Health needs
  • Pre-existing conditions
  • Plans available

Which Medigap company offers the best rates in Nevada?

You will pay a monthly premium for your Medigap policy. Plan benefits are standard regardless of which Medicare insurance company sells the policy, but premiums differ based on several things:

  • Location
  • Gender
  • When you buy

Pricing also differs because of how insurers set their rates:

  • Attained age: Premiums are tied to your actual age (premiums increase you get older).
  • Issue age: Your age when you buy the policy determines your premium (older buyers pay more).
  • Community: Age doesn’t play a role (everyone pays the same).

What starts out as a reasonable premium could rise significantly in future years. Most Nevada insurers use the attained-age pricing method. Our licensed insurance agents can quickly provide a quote based on your specific information.

What is the average cost for a Medicare Supplement plan in Nevada in 2021?

Plan, location, gender, and insurer all affect the cost of your insurance policy. A 65-year-old female, nonsmoker, in Mesquite (zip code 89027) will pay around $176. Here’s the breakdown:

  • Plan F: $233 (range $150-$320)
  • Plan G: $168 (range $144-$216)
  • Plan N: $140 (range $87-$175)

Common Nevada Medicare Supplement Plan Questions

What Companies Sell Medigap Plans in Nevada?

In Nevada, over 30 private health insurance companies offer supplemental policies. The following rank high in terms of financial stability, experience, and service:

  • Best for cost-effectiveness: Aetna
  • Best overall value: Cigna
  • Best for claim payment: Mutual of Omaha

When Can I Apply for a Nevada Medicare Supplement Plan?

The best time to enroll is during your Medigap Open Enrollment Period:

  • OEP effective date starts when you’re both 65 and enrolled in Medicare Part B
  • Covers a six-month period
  • Includes guaranteed rights

Guaranteed issue rights

You can apply any time for a policy, but the insurer might require underwriting and isn’t required to extend coverage. When you enroll during the OEP, you have guaranteed rights:

  • Insurer can’t reject your application
  • Medical underwriting not required
  • Insurer must cover pre-existing health conditions, although there might be a waiting period before coverage starts

Special Situations

A few other situations trigger guaranteed issue rights:

  • Group coverage through an employer ends
  • You lose Medigap coverage through no fault of your own
  • You lose your Medicare Advantage Plan coverage
  • Moving out of your plan’s service area

Things to remember

  • You must be enrolled in Medicare Part A and Part B to have a Medicare Supplement insurance plan in Nevada.
  • Medigap policies don’t have an annual enrollment period like Medicare Part D plans or Medicare Advantage do.
  • Nevada doesn’t require private insurance companies to offer Medicare Supplement insurance plans to those under age 65, even though they might be receiving Social Security benefits. Once you turn 65 you can apply for Medigap insurance and have guaranteed rights.

Which is better, Medigap Plan G or Plan N?

Medicare Plan G and Medicare Plan N are two of the most popular Medigap insurance plans in Nevada. Here’s how they compare.

Similarities:

  • No referrals required
  • Neither pays Part B deductible
  • Both pay Medicare Part A deductible and coinsurance
  • Both pay foreign travel emergency up to plan limits
  • Both pay Part A hospice
  • Both pay skilled nursing facility coinsurance

The Difference: Out-of-pocket Costs

  • Plan G has no copayments. Medicare Plan N has a $20 office copay and $50 ER copay (the ER copay is waived if you’re admitted).
  • Plan G pays excess charges, which means you can see any health care provider.
  • Plan N doesn’t cover excess charges, which means you must seek care from a provider who accepts Medicare assignment.
  • Plan N has lower premiums than Plan G since you pay more out-of-pocket.

What is Medicare Supplement Insurance?

When you enroll in Medicare, you choose how to receive your Medicare benefits. You have two options:

  • Original Medicare
  • Medicare Advantage

Original Medicare has two parts:

  • Medicare Part A — hospital costs
  • Medicare Part B — outpatient/medical costs

Medicare Supplement insurance plans only work with Original Medicare.

Your Medicare coverage doesn’t pay all of your Part A and Part B medical expenses. Medicare Supplement plans help pay what’s left after Medicare pays. Every Medicare Supplement insurance plan in Nevada covers these basic benefits:

  • Medicare Part A coinsurance
  • Part A hospice coinsurance
  • Part B coinsurance/copayments
  • First 3 pints of blood

Depending on plan options, some Medigap policies offer additional coverage:

  • Foreign travel emergency
  • Part B excess charges
  • Skilled nursing facility care
  • Part A deductible

Medicare Supplement plans do not cover:

  • Medicare Part B deductible (Only Plan F Pays this)
  • Long-term care
  • Prescriptions
  • Hearing, dental, vision

Prescription drug coverage is only available through a Medicare Part D Plan. If you want prescription coverage, you can buy a Part D Prescription Drug Plan from any Medicare insurance company.

Is Plan G the Best Medigap Plan in Nevada?

How Much Does Plan G Cost in Nevada?

A 65-year-old female, nonsmoker in zip code 89027 (Mesquite) will pay an average of $168 for Medigap insurance (range $144-$216).

What is the Plan G Deductible in 2021?

Plan G doesn’t have a deductible. There is a deductible for Medicare Part B that you have to pay. In 2021, the Part B deductible is $203.

What does Medigap Plan G Cover in Nevada?

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.

Nevada Medicare Resources

Nevada Enrollment Statistics

In 2018, Nevada’s population included 515,792 Medicare beneficiaries. Of those, 64 percent have Original Medicare, and 69 percent have standalone Part D coverage. In 2016, 85,417 enrolled in one of the Medicare Supplement insurance plans in Nevada.

Nevada’s population is more than 3 million. Here are the five largest counties:

  • Clark
  • Washoe
  • Carson
  • Lyon
  • Elko
Key Take Aways
  • In Nevada, Medicare Supplement Plan G is the most popular plan for 2021.
  • There are 10 Medicare Supplement Plans in Nevada to choose from.
  • Medicare Supplement plans do not use a network, go wherever Original Medicare is excepted.
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