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

Any state resident who will soon be enrolled in Medicare Part A and Part B should take a moment to compare the best Medicare Supplement insurance plans in North Carolina. Medigap policies can offer Medicare beneficiaries the security of access to a variety of doctors and the ability to control medical costs. Take a minute to learn some facts about Medigap plans in North Carolina, when to enroll, and which coverage levels are available.

Best Types of Medicare Supplement Plans in North Carolina

This list highlights important facts about North Carolina Medigap plans and Medicare:

About 1.2 million North Caroline Medicare beneficiaries are enrolled in Medicare Part A and Part B.
Out of all of the people who have Original Medicare insurance, almost 450,000 chose to enhance their benefits with Medicare Supplement insurance plans in North Carolina.
Traditionally, the most North Carolinian Medicare beneficiaries have decided that Plan F was the best Medicare Supplement plan in North Carolina for their unique situation.
The largest North Carolina counties include Mecklenburg, Wake, Guilford, Forsyth, and Cumberland.
Medicare Supplement health plans are different from Medicare Advantage plans. This health insurance program works with the federal Medicare program to provide you with extra benefits instead of replacing your Medicare benefits, which is the case with Medicare Advantage.

Available Medicare Supplement Plans in North Carolina

To find the best Medicare Supplement insurance plan in North Carolina, you can compare 10 Medigap policies. These are the same standard policies that are offered in most states within the United States. Each one offers certain basic benefits and varies in the extended coverage that it might give you. Each plan has been assigned a letter, and they range between Plan A and Plan N.

To find the best North Carolina Medicare Supplement plans for your own situation, you will need to balance the rates with the coverage you’re likely to require.

For instance:

Typically, Plan F has been the most popular of the Medicare Supplement plans in North Carolina. It offers the broadest coverage for Original Medicare’s copayments, coinsurance, and deductibles. It also comes with the highest premiums.
Some people would prefer to exchange somewhat lower rates for fewer benefits, so they consider Plan G, N, or another option.

Note that it doesn’t matter which insurance company a Medicare beneficiary buys their Medicare Supplement insurance plans in North Carolina from. From any insurer, the basics of each of the Medigap plans in North Carolina remain the same. Of course, different insurers will charge different rates. Some may also offer useful extra perks in the membership programs they usually bundle in with their policies.

While you compare North Carolina Medigap, you should also consider your prescription coverage. Medigap policies won’t help pay for most prescriptions, and you might have to pay a penalty if you fail to enroll in drug coverage on time.

Benefits of Medicare Supplement Plan F in North Carolina:

For a plan that will cover more than any other Medigap policy, consider Medigap Plan F in North Carolina, despite its higher monthly premiums:

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

Benefits of Medicare Supplement Plan G in North Carolina:

For comprehensive coverage that costs less than Plan F, consider Medigap Plan G in North Carolina:

Does NOT cover Medicare Part B deductible

Benefits of Medicare Supplement Plan N in North Carolina:

For simple and affordable coverage, check out Medigap Plan N in North Carolina:

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

When to Enroll in Medigap Plans in North Carolina

Of course, the government only requires you to be enrolled in Medicare Part A and Part B to qualify for North Caroline Medicare Supplement insurance plans. However, you need to have a Medigap Open Enrollment Period to have a guarantee that a Medicare insurance company will accept your application, whether you’re applying for Plan K, Plan F or any other plan.

During your Initial Enrollment Period, you won’t have to answer medical questions and must be accepted. This is when you first qualify for Original Medicare insurance. Otherwise, you may qualify for Special Election Periods if you lose coverage because you lost your job, moved away, or had an insurer cancel a plan. In any case, you should take advantage of these Guaranteed Enrollment Periods to make sure you can get accepted to the best Medicare Supplement insurance plan in North Carolina.

The best time to enroll in North Carolina Medicare Supplement insurance plans is when you don’t need to worry about health underwriting. At the same time, a Medicare Supplement insurance company may still accept your application at another time if you’re relatively good health.

In some cases, they may accept your application even if you have a pre-existing condition but charge higher rates than they would for a standard applicant. If possible, sign up during the initial six months. Depending on your health and the healthcare insurance company you contact, you may still qualify for an affordably priced plan.

In addition, now is the time to start looking for a Medicare Part D prescription drug plan. You’ll want this coverage to help cover the cost of your medication. If you’re on a lot of medication, it can help you save a lot. There is also a penalty that you might have to pay later if you don’t sign up for a prescription drug plan right away, too.

North Carolina Medigap Resources

Your state has many resources that can help you compare plans, get the best rates, and seek help with all sorts of Medicare-related issues.

These are some good examples of these state Medicare resources:

There are also a couple of national resources through the U.S. government that provide helpful information about Medicare and Medicare plans: