The most popular Medicare Supplement plan for new Medicare beneficiaries is Medicare Supplement Plan G in Connecticut. It’s designed to simplify healthcare by replacing copayments, coinsurance, and other out of pocket costs with one monthly premium. Beneficiaries can ensure coverage for most of their medical expenses by filling the federal Medicare program gaps with Medicare Supplement Plan G.
What is Medicare Supplement Plan G in Connecticut?
Medicare Supplement insurance Plan G in Connecticut is a supplemental insurance policy that offers benefits not included in Original Medicare. For example, the plan covers foreign travel medical services up to an approved amount.
Here’s what you need to know about enrolling in Medicare Supplement insurance:
- In 2018, there were more than 160,000 Connecticut lives covered by Medigap policies. Of those, nearly 8,000 were covered by Plan G.
- Plan G is becoming the most popular Medicare Supplement plan in Connecticut now that eligibility restrictions limit access to Plan F.
- Plan G is the most comprehensive Medicare Supplemental insurance plan for beneficiaries eligible for Medicare on or after January 1, 2020.
- Medigap pays after Medicare Part A and Part B payments are applied up to plan limits. It covers out of pocket expenses like copays.
- You can sign up for a Medigap plan through an insurance agency authorized to sell Medicare Supplement policies.
Medicare.gov is a great resource if you want to learn the difference between a Medicare Supplement plan and a Medicare Advantage plan.
What Does Medicare Supplement Plan G Cover?
Original Medicare pays for a lot when it comes to your healthcare. On top of the Medicare-approved amounts that are covered by the Federal Medicare program in the United States, you can enjoy having these additional Medicare benefits covered if you sign up for Medicare Supplement Plan G in Connecticut.
But here’s what Medigap Plan G will cover:
· Initial pints of blood
· Medicare Part A deductible
· Medicare Part A hospital costs
· Part A expenses
· Part A hospice care coinsurance
· Skilled nursing facility care
Benefits also pay these Medicare Part B costs:
· Charges over the amount Medicare allows – “Part B Excess Charges”
· Durable medical equipment
· Foreign travel emergency care (lifetime plan limits apply)
· Medicare Part B coinsurance and copays
Be advised that the Part B deductible will not be covered by Medigap Plan G in Connecticut.
What is the Plan G Deductible in 2021?
Medicare Plan G doesn’t come with a deductible unless you select the high deductible plan. You will need to pay the deductible for Medicare Part B.
What is the Monthly Premium for Medicare Supplement Plan G in Connecticut?
What you pay for Medigap Plan G depends on your location plus personal factors like your age and use of tobacco. It is one of the more expensive plan options, but it includes benefits not included in all supplemental policies. For instance, Plan G includes up to $50,000 in foreign travel emergency benefits in addition to Medicare Part A coinsurance and Medicare Part B coinsurance.
To illustrate, we ran quotes for a 65-year-old female nonsmoker residing in Connecticut zip code 06001. The resulting rates for Plan G coverage in 2021 are listed here for your comparison:
- Monthly Premium Range – $208.00- $428.72
- Average Monthly Premium – $289
Each insurance agency can choose to use one of the following methods to determine Medicare Supplement Plan G rates:
- Community Rating – Every applicant receives the same rate. Personal factors don’t carry as much weight with this method.
- Issue Age Rating – Rates are based on the Medicare beneficiary’s age when the policy is issued.
- Attained Age Rating – The beneficiary’s current age determines their rates each year.
When can I enroll in Medicare Supplement Plan G?
The Medicare annual election period does not apply to Medicare Supplement insurance Plan G in Connecticut. It only applies to Medicare Advantage Plans and Medicare Part D prescription drug plans.
Each Medicare beneficiary has an Open Enrollment Period, and that’s the best time to enroll in Medicare Supplement Plan G. Once you’re eligible for Original Medicare and enroll in Medicare Part B, your open enrollment period starts. It lasts for six months.
During that initial enrollment period, you will receive the following guaranteed issue rights:
- The insurance company is required to accept your application for the plan.
- Medical underwriting is not allowed, so your pre-existing conditions and current medical condition will not impact your rate.
- The insurance company cannot cancel your policy as long as you pay your premiums on time and remain in the plan’s service area.
Some Connecticut beneficiaries qualify for a special enrollment period that offers the same guaranteed rights after their open enrollment period closes. For example, you may qualify for special enrollment if you have medical insurance through an employer when you enroll in Original Medicare but then lose that coverage later.
What Is the Difference Between Plan G and Plan G With a High Deductible?
The high deductible plan requires the beneficiary to pay the full deductible amount before accessing any Medigap Plan G benefits. The standard plan doesn’t have a deductible, so benefits are immediately accessible. High-deductible Medicare Plan G rates are significantly lower rates for the standard plan.
What is the Best Medicare Supplement Plan G in Connecticut?
Medicare Supplement Plan G in Connecticut is standardized by the federal government. That ensures that you receive the same coverage no matter which insurance agent you choose. Insurance companies can’t add Medicare benefits to any Medigap plan, so they compete with pricing.
As you compare Medicare Supplement plan quotes from the leading Medicare Supplement insurance companies, keep the following factors in mind:
- Financial Strength – Financial health is required for an insurer to pay claims in a timely manner.
- Long-Term Stability – Established companies are less likely to stop offering Medicare plans or struggle financially.
- Dedication to Customer Service – You should always know who to contact and how to reach them if you have concerns or questions.
When helping Medicare beneficiaries select the right Medicare Supplement plan, we recommend a few Medicare Supplement insurance companies. These companies stand out in customer care and have displayed long-term stability. They’re listed here along with their A.M. Best ratings for financial integrity.
- Mutual of Omaha – A+ (Superior)
- Cigna – A (Excellent)
- Aetna – A (Excellent)
Which is better, Plan F or Plan G?
How are Plan F and Plan G Different?
Medigap Plan G and Plan F are almost identical in coverage. The difference is that Plan G doesn’t include the Medicare Part B deductible. That makes Plan F more complete, but only beneficiaries eligible for Medicare prior to 2020 can apply for that plan option.
Is Plan G Cheaper than Plan F in Connecticut?
Plan G is a bit less expensive than Plan F but also requires beneficiaries to pay the Part B deductible out of pocket each year. If you qualify for both plan options, take the time to compare your full cost before deciding.
Which should I Choose?
Selecting Medicare Supplement insurance plans is a personal process. If you signed up for Medicare Part B prior to 2020, you qualify for Plan F and Medicare Supplement insurance Plan G in Connecticut. You should select the plan that saves you the most money based on rates for your area.
If you enrolled in Medicare Part B in or after 2020, you aren’t eligible for Plan F. Medicare Plan G is the next most comprehensive option.
What is the Most Popular Medicare Supplement Plan in Connecticut for 2021?
Once the eligibility restrictions for Plan F went into place, the most popular Medigap plan quickly transitioned to Medicare Supplement insurance Plan G in Connecticut. There are five reasons a comparison of all Medigap plans might lead a Medicare beneficiary to select the more comprehensive Plan G:
- There are no network restrictions limiting access to medical providers. Beneficiaries can see any doctor in the United States accepting Medicare in addition to emergency care for foreign travel.
- The plan fills almost all gaps left by the federal Medicare program. The Medicare Part B deductible is the only out of pocket expense not included.
- All Medicare beneficiaries are eligible to apply for Plan G regardless of Medicare Part B start date.
- Guaranteed issue rights ensure all applications are accepted during the open enrollment period.
- When beneficiaries apply during their open enrollment period, medical underwriting is not allowed. That ensures applicants receive the lowest rates possible regardless of their medical condition or pre-existing conditions.
Frequently Asked Questions about Medigap Plan G
Full Medicare Supplement Plan G Benefits Chart
Does Plan G cover prescription drugs?
Prescription drug coverage isn’t included in Medicare Plan G. Beneficiaries can purchase a drug plan through Medicare Part D when they enroll in Medicare Part A and Part B.
Does Plan G cover the Medicare Part B Deductible?
Medicare Supplement Plan G does not cover the Medicare Part B deductible.
Does Plan G cover Medicare Part B Excess Charges?
Yes, Medicare Supplement Plan G covers Medicare Plan B excess charges.
Does Plan G cover the Medicare Part A Deductible?
The Medicare Part A deductible is covered by Medicare Plan G.
Is Plan G worth it?
Medicare Plan G is worth the monthly premium if you’re interested in one or both of the following:
- Limited out of pocket expenses
- Simplified healthcare that ensures coverage for medical service and medical equipment
Before deciding if this is the right health insurance policy for your personal needs, compare Medicare Supplement Plan G rates in your zip code. Consider the Medigap premium plus the following medical expenses:
- Medicare Part B deductible
- Medicare Part B premium
- Medicare Part D prescription drug plan
What is the difference between Plan G and N in Connecticut?
Medicare Supplement insurance Plan G in Connecticut is slightly more comprehensive than Medigap Plan N. While Plan G includes Medicare Part B excess charges, Plan N will not cover excess charges. The difference that makes depends on the medical providers you select. Both insurance plans offer a lot of value for the money.
Does Plan G cover dental?
Medigap Plan G doesn’t come with a dental plan.
What is Medicare Part G?
“Medicare Part G” is often used in reference to Medigap Plan G, but it’s technically incorrect. There is no Medicare Part G because Medigap plans aren’t a part of the Original Medicare coverage. They’re plans, not parts.
Does Plan G cover Silver Sneakers?
Beneficiaries do not receive Silver Sneakers membership with Medigap Plan G.
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.