Best Medicare Supplement Plans in Nevada
There are ten Medicare Supplement plans in Nevada to choose from; each offers a way to lower out-of-pocket costs associated with Original Medicare. These medical expenses include your Medicare Part A deductible and coinsurance that can add up quickly.
- In Nevada, Medicare Supplement Plan G offers the best coverage for 2023.
- Medigap Plan N and High Deductible Plan G are considered by many to offer the best value with lower premiums than Plan G.
- Cigna offers the best rates on Plan G at $159 per month.
What Do Medicare Supplement Plans Cover?
Below is a list of the top four plans with coverage highlights:
Best Comprehensive Coverage: Medicare Supplement Plan G
- Medicare Plan G is cheaper than Medicare Plan F, the most comprehensive plan available to those Medicare eligible after Jan. 1, 2020
- This health insurance option offers very similar coverage to Plan F. If you’re willing to pay the Medicare Part B deductible yourself, you can save plenty with the more affordable monthly premiums of Plan G.
- Plan G Does NOT cover Medicare Part B deductible
Best Value: Medicare Supplement Plan N
- Designed with budget-conscious Medicare beneficiaries in mind, Medigap Plan N in Nevada is one of the more affordable Medicare plans.
- Nevada Medicare Supplement Plan N offers substantial benefits on top of the federal Medicare program’s Medicare benefits for Parts A and B. However, you will be responsible for some out-of-pocket costs.
- It’s an excellent balance for many people who don’t want to pay a lot for their monthly premiums but don’t want to rely on Medicare alone for their medical expenses.
Best Low-Cost Plan: High Deductible Plan G
- Same Benefits as Medicare Plan G
- Annual Deductible of $2,700
- Significantly Cheaper than Medicare Plan G
- High Deductible Plan G is Considerably Cheaper than High Deductible Plan F
Best Full Coverage: Medicare Supplement Plan F
- Across the United States and in Nevada, Medigap Plan F is the most popular Medicare Supplement plan but is only available to those eligible for Medicare after Jan. 1, 2020.
What’s the Most Popular Medicare Supplement Company in Nevada?
Based on our review of several key factors, Cigna is Nevada’s top Medicare Supplement company.
Although Cigna Medigap plans may provide some of the most affordable options in Nevada, 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.
Cigna 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 Cigna with other Medicare Supplement companies in Nevada. You’ll find helpful information here, like sample premiums and ratings.
| Plan G Cost | Company | Financial Strength |
|---|---|---|
| $159 | Cigna | A |
| $164 | Aetna | A |
| $164 | Mutual of Omaha | A+ |
| Plan N Cost | Company | Financial Strength |
|---|---|---|
| $111 | Aetna | A |
| $113 | Cigna | A |
| $113 | Mutual of Omaha | A+ |
When Can I Apply for a Medicare Supplement Plan in Nevada?
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 six months
- 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:
- The insurer can’t reject your application.
- Medical underwriting is not required.
- The 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 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.
- 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. However, once you turn 65, you can apply for Medigap insurance and have guaranteed rights.
How to Choose a Medigap Plan in Nevada
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:
These plans range from $100-$250 per month, and the exact premiums will depend on your age, the type of coverage you select, and the insurance provider you choose.
Cigna is one of the most reliable and trusted providers. Their plans offer comprehensive coverage for hospital stays, medical visits, blood tests, and other medical procedures.
Plan G in Nevada is $189 per month on average. This plan covers many of the costs not covered by 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 get 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:
- Types of Medigap Plans
- How Much Do Medigap Plans Cost?
- When Can I Apply for a Medicare Supplement Plan?
- How Do I Enroll in a Medigap Plan?
- When Can I Change Medigap Plans?
- Can I Be Denied Medigap Coverage?
- CMS Medicare Services
- Nevada Medicare Supplement Insurance Guide
- Nevada Medicare Assistance Program
Disclaimer:
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.
