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Best Medicare Supplement Plans in Rhode Island 2021

Medicare is a wonderful benefit to have, but the best Medicare Supplement plans in Rhode Island add even more to this program. If you just started to receive your Medicare Part A and Medicare Part B or Original Medicare insurance benefits, you may have noticed that there is a lot that you are responsible for paying. This does not have to concern you because you are entitled to purchase a Medicare Supplement insurance plan in Rhode Island if you have Medicare Part B and are at least 65 years of age.

What Are the Top 5 Medicare Supplement Plans in Rhode Island?

The top five Medigap insurance policies are Plans, F, G, N and the high-deductible plans. Following are brief descriptions of each. As you compare the plan options, jot down any questions you have for our Policy Guides.

1. Medicare Plan F

  • All-inclusive plan
  • Includes Part A deductible, Part B deductible, foreign travel emergency
  • Not an option for Medicare beneficiaries whose eligibility effective date was on or after January 1, 2020

Plan F also covers Part B excess charges, but these charges are not allowed in Rhode Island, so this benefit is not applicable.

2. Medicare Plan G

  • Lower monthly premium than F
  • Covers almost all the same benefits as F
  • Does not cover Medicare Part B deductible

3. Medicare Plan N

  • Lower monthly premium than G
  • Does not cover copayments, which are $20 for office visits and up to $50 for emergency room visits

4. High-Deductible Plan F

  • Lower premium than the original Plan F
  • Same benefits as F
  • Requires you to satisfy annual deductible amount before plan pays Medicare-covered medical expenses
  • Deductible due in 2021 is $2,370

5. High-Deductible Plan G

  • Same benefits as Plan G
  • Same points as outlined above for high-deductible F plan

What is the Best Supplemental Insurance to go with Medicare?

To choose the best Medicare Supplement insurance plan in Rhode Island:

  • Identify the plans offering the most coverage specific to your health conditions.
  • Evaluate premiums based on your budget.
  • If you travel often, review plans that offer foreign travel emergency health care services, noting that there are plan limits.

1. What Is the Most Popular Medicare Supplement Plan on Rhode Island for 2021?

Historically, Plan F has been the most popular plan because it offers blanket coverage. Since 2020, Plan G has surpassed F in popularity because it is available to Medicare beneficiaries who became eligible before and after 2020.

2. Which Plan Has the Best Benefits in Rhode Island?

If you need full coverage, Plan F has the best benefits. However, this plan is restricted to people who were new to Medicare before January 1, 2020 and not yet enrolled. If you do not meet this criteria, Plan G is an excellent plan as well.

3. How Do I Choose the Best Plan?

Our licensed insurance agents are happy to guide you through the selection process. It’s an important decision and one you do not have to make alone.

4. Which Medigap Company Offers the Best Rates in Rhode Island?

Our Policy Guides are well-acquainted with the pricing of every Medicare insurance company that sells Medicare Supplement insurance plans in Rhode Island. Quick quotes are available upon request.

What is the Average Cost for a Medicare Supplement Plan in Rhode Island for 2021?

To get an idea of the average premium for Medigap insurance on Rhode Island, consider this profile:

  • 65 years old
  • Female
  • Nonsmoker
  • Lives in Providence, zip code 02860

Based on this profile, following are current rates:

Plan Monthly Premium Range Average Premium
K $44.83 – $82.11 $63.47
N $95.46 – $104.79 $99.78
G $121.69 – $163.58 $141.80

Common Rhode Island Medicare Supplement Plan Questions

What Companies Sell Medigap Plans in Rhode Island?

Following are the highest rated and well-established insurers for Medigap in Rhode Island according to various rating agencies:

  • Cigna: Moody’s financial strength A1; BBB A+
  • Globe Life: Standard & Poor’s financial strength AA-; BBB A+
  • United American: A.M. Best financial strength A+; Medigap insurer since the 1960s

When Can I Apply for a Rhode Island Medicare Supplement Plan?

Submit your application for Medicare Supplement insurance plans during the Medigap Open Enrollment Period to take advantage of:

  • More plan options
  • Better prices
  • Pricing not impacted by your health conditions

Open enrollment for Medigap is not the same as the standard enrollment periods for Medicare Advantage or the Medicare Part D plan (prescription drug coverage). The Medigap Open Enrollment is based on when you turn 65 and enroll in Medicare Part B.

  • Starts the month of your 65th birthday
  • Requires you to first be enrolled in Part B
  • Ends six months from the start date

If you miss this opportunity, your application may go through medical underwriting, which means a Medigap policy may not be offered to you, or it may be offered at a high cost based on your health conditions.

If you have a guaranteed issue right, the insurer cannot refuse to sell you a Medigap policy or refuse to cover your pre-existing conditions. There are several situations when guaranteed issue rights apply. Our Policy Guides can help you determine if this applies in your case.

Which is better, Medigap Plan G or Plan N?

To help you compare Plans G and N, here are the similarities and differences.

Same coverage across both plans:

  • Part A and Part B coinsurance
  • Part A deductible
  • First three pints of blood
  • Foreign travel emergency

Plan G only:

  • Part B copayments
  • Higher premium than Plan N

What is Medicare Supplement Insurance?

Once you turn 65 and have Medicare coverage, Medicare Supplement plans in Rhode Island become available to you through private health insurance companies. This Medigap insurance serves as a companion piece to Medicare Part A and Medicare Part B by covering out-of-pocket costs and other medical expenses.

Following are the basic benefits included in all 10 Medigap policies:

  • Part A coinsurance for your hospital stays
  • Part A coinsurance or copayments for hospice care
  • Part B coinsurance for doctor visits and outpatient services
  • First three pints of blood that a doctor or facility may need to buy for you

Medicare Supplement insurance plans in Rhode Island are identified by letter. Plan A is the basic plan. Other plans offer additional Medicare benefits. For example, every plan besides Plan A covers the Medicare Part A deductible.

If you are eligible to enroll in the U.S. federal Medicare program known as Original Medicare and have not yet signed up, do not postpone further. Delayed enrollment can subject you to late fees. This applies to Part D, the prescription drug plan, as well.

If you are not sure of your eligibility, refer to your Social Security statement. It should state, “You have enough credits to qualify for Medicare at age 65.”

Is Plan G the Best Medigap Plan in Rhode Island?

How Much Does it Cost?

A 65-year-old female nonsmoker living in Rhode Island can expect to spend about $142 per month on premiums for Plan G

What is the Plan G Deductible in 2021?

Deductibles are not applicable to Plan G specifically. However, if you have Plan G, the Part B deductible is not covered. In 2021, the Part B deductible is $203.

Additionally, if you joined a Medicare Part D plan, you may have to pay a deductible for your medication.

What does Medigap Plan G Cover in Rhode Island?

Related Topics

Plan G by State

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.

Rhode Island Medicare Resources

State Links

https://www.ssa.gov/benefits/medicare/https://www.medicare.gov/

Rhode Island Enrollment Statistics

Of the entire population of Medicare recipients in Rhode Island, 34.9 percent of them decided to purchase Medigap policies in Rhode Island in 2015.

Below is a list of the five counties in Rhode Island:

  • Providence County with 626,667 residents
  • Kent County with 166,158 residents
  • Washington County with 126,979 residents
  • Newport County with 82,888 residents
  • Bristol County with 49,875 residents
Key Take Aways
  • There are 10 Medicare Supplement Plans in Rhode Island to choose from.
  • In Rhode Island, Medicare Supplement Plan G is the most popular plan.
  • Medigap Plans do not use a network, go wherever Original Medicare is excepted
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