Best Medicare Supplement Plans in Texas

Ten Medicare Supplement insurance plans in Texas are designed to help Medicare beneficiaries pay for healthcare expenses that Original Medicare (Part A and Part B) does not cover. Because there are “gaps” between what Medicare approves and pays, these supplemental policies are called Medigap policies.

Of the ten plans offered in Texas, we found Medicare Supplement Plan G is the best plan for 2023.

Mutual of Omaha offers the best monthly cost of $134 for Plan G.

What Do Medicare Supplement Plans Cover?

Below is a list of the top four plans with coverage highlights:

Medicare Supplement Plan G

  • Medicare Plan G doesn’t cover the Medicare Part B deductible but otherwise offers the same Medicare benefits as F.
  • Plan G is the best plan in Texas and offers the most comprehensive coverage for those with a Medicare effective date post 1/1/20.

Medicare Supplement Plan N

  • Medicare Plan N is a good option if the rates for Plan G are out of your budget. The benefits are similar, except for doctor’s offices and emergency room visits.
  • Plan N subscribers will pay up to $20 when visiting a doctor’s office and up to $50 when visiting the ER. The ER copay is waived upon admission.

Best Low-Cost Plan: High Deductible Plan G

  • High Deductible Plan G has the Same Benefits as Medicare Plan G.
  • Annual Deductible of $2,700.
  • Significantly Cheaper than Medicare Plan G.
  • Considerably Cheaper than High Deductible Plan F yet Covers everything in high deductible F except for the Part B Deductible. 

Medicare Supplement Plan F

  • Medicare Plan F was the most popular Medigap plan in Texas for many years, but it’s no longer available to new Medicare beneficiaries. So if you sign up for Medicare Part B on or after January 1, 2020, you must select a different supplemental policy.

Based on our review of several key factors, Mutual of Omaha is Texas’s top Medicare Supplement company.

Although Mutual of Omaha Medigap plans may provide some of the most affordable options in Texas, 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.

Mutual of Omaha 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 Mutual of Omaha with other Medicare Supplement companies in Texas. You’ll find helpful information here, like sample premiums and ratings.

Plan G CostCompanyFinancial Strength
$134Mutual of Omaha A+
$150 AetnaA
65 y/o male, nonsmoker
Plan N CostCompanyFinancial Strength
$105Mutual of OmahaA
65 y/o male, nonsmoker

Best Time to Apply for a Medicare Supplement Insurance Plan in Texas

Every beneficiary has a Medigap Open Enrollment Period, which lasts six months, starts when they are 65, and signs up for Medicare Part B.

You will pay the lowest premiums for any Medigap plan in Texas when you enroll during your open enrollment period due to the following guaranteed issue rights:

  • Acceptance – No Medicare insurance company can deny coverage under Texas’s Medicare Supplement plans.
  • Fair Rates – The insurer must give every new subscriber the same benefits without medical underwriting. No health condition can disqualify you.
  • Automatic Renewals – Your policy will renew yearly as long as you pay your monthly premiums.

These rights are guaranteed only if you apply during that Medigap Open Enrollment Period. Then, you can apply for a Medicare Supplement insurance plan in Texas later. Still, the insurance company will determine your rate based on your medical history and may deny you coverage.

Some special circumstances may allow you to receive those guaranteed rights after your initial enrollment period has passed. For instance, losing medical coverage from a job after retiring would open a special enrollment period. You may also switch supplement policies if you move into a new service area because available policies and rates vary by zip code.

How to Choose a Medigap Plan in Texas

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:

What Are the Most Popular Medigap Companies in Texas?

Popular Medigap companies in Texas include Aetna, Cigna, Humana, Mutual of Omaha, and UnitedHealthcare.

What Is the Best Medicare Supplemental Plan in Texas?

Plan G is the most popular Medicare plan in Texas. Plan G helps cover extra costs that Original Medicare doesn’t cover.

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:

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.

Mark Prip

For more than two decades, Mark Prip at My Medigap Plans has been an authority figure in the insurance industry and continues to uphold a mission to provide customers with comprehensive information about Medicare, life, and dental coverage. In addition, his expertise is unmatched - having helped thousands of Medicare beneficiaries choose suitable healthcare plans for themselves - making him stand out above competitors.