Speak with a licensed agent: 1-888-414-4547
Start New York Medigap Quote

Medicare Supplement Plans in New York

Medigap policies can help you manage healthcare costs by picking up the bill for deductibles, coinsurance, and copayments from Original Medicare insurance. In order to make sure that you select the best Medicare Supplement plan in New York for your needs, take a moment to learn more about how Medigap works in this state.

When Can I Apply for a Medicare Supplement Plan In New York?

During the six-month Medigap Open Enrollment period will be the best time to gain Medicare benefits. This time will offer pricing and options from a Medicare insurance company that are better.

Age 65 or older,your enrollment begins when you have Part B. It can’t be changed or repeated.

When turning 65,the first day of the month your birthday will begin your six-month period to enroll. Enrollment in Part B will be needed.

Under the age of 65,you may not have eligibility. Some states require Medigap insurance companies to sell policies to those under 65, but it generally costs more.

Enrollment periods do not apply to Medicare supplement plans. They only apply to Part D Plans, Medicare Advantage, Aging into the Federal Medicare Program, Retiring from group coverage, and Losing a Medicare Advantage plan.

If you are receiving Social Security, the SSA will automatically sign you up and handle your enrollment for Medicare Part A and Medicare Part B at the age of 65. The Federal Medicare Program is operated by the federal Centers for Medicare & Medicaid Services.

In New York, if you’ve been receiving disability benefits for 24 months, you have eligibility to enroll in Medicare.

*Remember you have guaranteed issue rights, so an insurance company can’t refuse to sell you a Medigap policy if the following happens:

A Medicare Advantage Plan leaves Medicare or stops providing in your area

You move out of the plan’s service area

What Medicare Supplement plans are available in New York?

1. Best for full coverage: Medicare Plan F

Plan F has the most Medicare Supplement insurance plans that has a comprehensive benefit level; however, the recipient must have a Medicare start date that is prior to January 1, 2020. Its primary selling point is that it includes both the Medicare Part A deductible and Medicare Part B deductible.

2. Best comprehensive coverage for 2022: Medicare Plan G

Plan G has the most comprehensive coverage for those with a Medicare effective date post January 1, 2020. Also, it is a great cost savings plan vs. Plan F for individuals that can have the option to choose either.

3. Best value: Medicare Plan N

Plan N is great for individuals wanting comprehensive coverage but is willing to trade certain benefits for additional monthly savings. For example, ER visits will generally have a $50 copay, but if admitted, the copay is waived. As for doctor’s visits, it will cover up to $20.

4. Plan High Deductible F: Great Cost Savings Paired with Original Plan F Benefits

The high deductible version of Plan F is the same but requires an annual deductible to be met before coverage kicks in. This plan is substantially cheaper than the original plan F option.

5. Plan G High Deductible: Innovative Plan that Greatly Reduces Monthly Premiums

This plan is similar to Plan G in all ways except for the annual deductible to be met prior to coverage starting. Plan G with Higher Deductible is more affordable than the other Plan G option.

How Much Do Medigap Plans Cost in New York?

The average cost will depend on the insurer. Their pricing will be based on community ratings, issue age, and attained age. Community rating is priced for beneficiaries of all ages, whereas issue age is based on the age at purchasing, and attained age premiums increase with age.

65-Year Old Female Non-Tobacco
Plan Type Premium Range
Plan G$291.75 - $476.04
Plan N$207.60 - $284.05

What Companies Sell Medicare Supplement Plans in New York?

1. Cigna – Known for Their Guidance and Help: Cigna is rated as a trusted company that has over 165 million customers who can access their Medicare plan anytime, anyplace.

2. Aetna – One of the Largest Health Insurers: Aetna has more $0 premium Medicare Advantage plans, extensive extra benefits, and pay your premium at some CVS locations.

3. Mutual of Omaha – Considered Most Financially Stable: MOH has great customer satisfaction and local agents to help you understand what plans are best for you.

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.

New York Medicare Resources

New York Enrollment Statistics

You might be interested in learning about other New York Medicare recipients. First, review a few facts about New York Medicare and Medicare Supplement insurance plans:

  • About two million New York residents have enrolled in Medicare Part A and Part B.
  • Over 400,000 people enrolled in Medicare Supplement plans in New York.
  • Just about half of the state’s beneficiaries decided that Plan F was the best Medicare Supplement insurance plan in New York for them.

Related Topics

Need Help?

Call to speak with a licensed insurance agent now.

(888) 414-4547