COMPARE MEDICARE SUPPLEMENT Plans for 2020

Medicare coverage will simply not be enough for many seniors. Those other healthcare expense that you are left to pay may be tough on your wallet, so Medicare Supplements can fill in the gaps and take care of some of that leftover cost for you. There are almost a dozen different plans to pick from, though, so you will want to compare the Medicare Supplement plans 2020 is offering to get a sense of which one might work best for you.

What Can Medicare Supplements Do for You?

So, why should you get Medicare Supplement plans? Well, they may not be right for everyone, but you should be aware of what they cover and how they might benefit you. Then, you can make an informed decision for yourself.

Medicare Supplements are made to work right alongside the basic Medicare plan. They will not overlap in any way with the coverage provided by the basic Medicare plan. We are going to show you the items that Medicare Supplements cover, and if you are familiar with basic Medicare, you will see some similarities. However, Medicare Supplements provide coverage only where basic Medicare leaves off coverage. So, even though you get some coverage for the blood you use each year with basic Medicare, you won’t get complete coverage for it. Medicare Supplements step in with the remaining coverage for blood use, helping complete your coverage. That’s what Medicare Supplements are designed for- filling in the gaps. It’s no wonder they are also known by the name Medigap.

These Supplements can cover a wide range of medical expenses for you. Let’s take a look at those items of coverage:

  • Medicare Part A Deductible- This can be completely covered by most Supplement plans, saving you money for any Part A services.
  • Medicare Part B Deductible- This is not as commonly covered by the Supplement plans, but a couple of them do provide coverage for it.
  • Medicare Part B Excess Charges- This too is not covered by very many of the Supplements, but it isn’t something most people have to deal with. It applies to instances where you receive Part B care (outpatient services), but your healthcare provider doesn’t fully accept Medicare.
  • Medicare Part A Coinsurance- This will cover you for hospice care costs that aren’t already covered by the basic Medicare plan.
  • Medicare Part A Copayment- This provides you with 365 additional days of in-hospital coverage for when you have hospital stays, complementing what basic Medicare already provides. Remember that there is no overlap between Supplements and basic Medicare.
  • Medicare Part B Copayment- You’ll be covered for this expense you normally have to pay whenever you receive Part B care.
  • Nursing care Coinsurance- This covers the remainder of nursing care costs not covered by basic Medicare.
  • Blood Use- You are covered for the first three pints of blood each year.
  • Foreign Travel Exchange- This takes care of up to 80% of the cost of each time you need transport to a foreign medical facility for an emergency. You can receive a maximum of %$50,000 in coverage over your lifetime.

Compare Medicare Supplement Plans 2020

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Compare the Plans

When you look at all that coverage, you may see a few items stick out as something that applies to you. You know better than anyone what your out-of-pocket healthcare costs are, so if you find a plan that covers most of those for you, then that is probably the one to go with. Because there are so many Supplement plans to pick from, though, you need to take some time to compare them. You will want to choose a plan that fits your needs well and that will cover you adequately for the coming year.

You are welcome to use our website to compare the plans. That’s what it is here for. We have detailed information on every Medicare Supplement plan, and it is in your best interests to take the time to compare them so that you get enough coverage or don’t end up paying for coverage you do not need. Our site can be used for free as often as you need to compare rates and coverage and to help you find the right plan for your needs. We will also be happy to answer any questions you have about the Medicare Supplements or Medicare in general. Feel free to contact us for advice and assistance.

When you want to compare the plans, you will need to learn what each plan covers. Let’s look at a few of the most notable ones, which are primarily the most popular plans for 2020.

Plan F is the only one of the Medicare Supplements to give you full coverage. That means it covers all of the items we listed above as supplemental coverage items. Plan F covers all of that for you, and as you can imagine, it is an expensive plan. You always pay more for the higher coverage plans, which makes sense, but Plan F is usually priced way higher than even the plans that are similar to it. That often high price is what caused the government to step in and limit who Plan F can be sold to. Now, for 2020, only those who have Plan F already can choose it for the coming year. It’s not a plan that new subscribers can pick.

Plan F is relegated to a closed pool that limits who can sign up for it, and that includes Plan C as well. Neither of these plans will be available to the general public, and only renewals are allowed it them. They are going to get very expensive because of this. The insurers cannot earn any profit off of new customers, so all their expenses for these plans have to come from the current subscribers, and that is a base that is quickly dwindling with this new legislation.

If you want a good alternative to Plan F, though, then you should consider Medicare Supplement Plan G. When you compare Medicare Supplement plans for 2020, you will find that Plan G tends to be the one with the best chance to save you the most money. It is a high coverage plan that is second only to Plan F, really. Yet it is priced much lower, in many cases, making it far more economical. For anyone who needs extensive coverage, Plan G is an obvious choice. If you look at that list of supplemental items above, then you will see all that Plan G covers for you, except it will not cover the Part B deductible. That’s a $185 charge you will have to pay on your own, if you choose Plan G.

Due to the new legislative changes, Medicare Supplement plans will have to find a replacement for Plan F. Plan G is decent enough for that purpose, but some people will miss the variety offered by having Plan F in the basic lineup. That is remedied by the creation of High Deductible Plan G. This will cover all the same expenses for you as the normal Plan G. The only difference is in how much it costs. It has a lower premium than the average Plan G but a higher deductible. You can compare and examine those prices here to make sure you get a good deal or to see how this new Supplement plan stacks up to the other plans.

Plan N is another high coverage Medicare Supplement, and you’ll definitely want to compare this one as well, since it offers similar coverage to Plan G but cuts off just a bit of what some might consider to be extraneous coverage. Plan N covers all the above listed supplementary items with a few exceptions. It won’t cover the cost of Medicare Part B excess charges or the Part B deductible, and it requires that you pay a couple of smaller copayments on your own. It’s still a pretty full coverage plan that is very economical, as you can see when you use our site to look at the rates for it.

Plan G is definitely the most popular of the Supplement plans for now, and that’s even truer as Plan F is being restricted, but it doesn’t mean that Plan G is the best choice for you. Be sure to use our site to compare these plans and see how they match up to what you need from a medical coverage plan. You may even find that you don’t need a Supplement plan at all, and there are some alternatives like Advantage plans or Medicare Part D that may work better for you.

Compare Medicare Supplement Plans 2020

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medicare supplement plans 2020

Who to Buy Supplements from

A bunch of insurance companies sell Medicare Supplements, and we are going to look at some of the more notable ones here. We can’t cover them all, but we’ll tell you a bit about the ones that most people sign up for and that are operating across the entire country selling supplementary insurance:

Aetna– (NYSE: AET) Aetna plans often come with member benefits that highlight a healthy lifestyle, such as dieting plans or workouts that are personalized for you. Aetna is a very large insurance provider, which means that they offer Supplement plans pretty much everywhere, and they can afford to offer competitive pricing on their plans.

Mutual of Omaha– Coming from Omaha, Nebraska, Mutual of Omaha is one of the larger insurance providers as well. They sell a range of plans and offer fairly competitive pricing, but their most notable feature is the great reputation they have for customer service. Many people choose them solely based on that fact.

Cigna– (NYSE: CI) Cigna is selling a great selection of Medicare supplements too, and they back up all their plans with some great member benefits that make them stand out from some of the other companies. Cigna is based in Bloomfield, Connecticut and brings in more than $41 billion a year, which means their prices can afford to stay stable and be competitive.

United Healthcare/AARP– (NYSE: AARP) United Healthcare owns the senior-focused AARP. United Healthcare already offers its own brand of healthcare services. When you partner that experience and that level of resources with what AARP has been doing in senior care for decades, you get a great combination that any senior should be considering for their coverage provider.

BCBS: (NYSE: ANTM) Blue Cross Blue Shield, sometimes shortened to BCBS, is a slightly different company than the rest of these. It is a larger organization that is made up of smaller insurance providers. The company goes by many different names from state to state but always offers low prices and great customer service, which is why they are so popular among seniors.

Compare with Us

It may seem like it would take a lot of effort and time to compare all the plans, the rates and the providers for Medicare Supplements. However, we make this process as simple as possible for you. We offer a free resource that you can use to source quotes and receive a list of them that are current and relevant to you. This saves you time where you would otherwise have to go from one insurance company to the next asking for rates.

You can also save money by using our website and the free resources we provide here. You’ll be able to see which plan is priced the lowest and which provider is offering the best deals. Those rates change often, but you can be sure we will feature up-to-date pricing on our site. We always source quotes fresh each time a search is requested. That means that you can trust the information here on our site.

You can compare Medicare Supplement plans for 2020, and you should. It’s the only way you can be certain you are getting a good deal and are not overpaying for your coverage. There are lots of opportunities to save money with these supplementary plans, but there is also plenty of opportunity to make a bad decision, and we want to help you get your best coverage plan at the best price.

Compare Medicare Supplement Plans for 2020

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SPEAK WITH AN AGENT NOW!

1-888-891-0229

Mon – Fri : 8am – 8pm CST