Find the best Connecticut Medicare Supplement plans isn’t hard, but you need to understand how Medigap plans work — or you may overpay on your plan. In this guide, we’ll walk you through how to compare plans and find the best value when shopping for Connecticut Medigap plans.
In this article we’ll discuss:
best medicare supplement plans in Connecticut
Before you start trying to compare plans, you need to make sure you understand how these plans are setup. Medigap plans are standardized insurance plans that are regulated by the government.
What does a standardized plan mean?
This means that when you shop for a specific Medicare Supplement Plan (like Medigap Plan G) it will provide you the same exact coverage no matter the company you buy from.
Your Medicare coverage is the same no matter if the Plan G is from Cigna, Blue Cross Blue Shield, Mutual of Omaha or any other Medigap company.
It’s the LAW!
How to save money on medicare supplement plans in Connecticut
How much will you pay for your Connecticut Medicare Supplement Insurance? You’re not getting more benefits by paying more.
So don’t overpay!
How much can Connecticut residents save?
Here’s a quick example…
Plan G premiums with one insurance company can be very different from another insurance company. Remember, the benefits are the same even if the premiums are different.
We calculated sample quotes from multiple states to show you what the lowest and highest rates are for a 65 year old (non tobacco) male shopping for a Medigap Plan G.
The average monthly premiums from “A” rated companies are:
- Average Lowest Monthly Rate: $128
- Average Highest Monthly Rate: $190
Your Potential Monthly Savings!
Those savings are huge… That’s an annual savings of $744!
Again, these Plan G savings all come with the same benefits.
Since the benefits are the same, the only difference from each company is PRICE!
How Medicare Supplements Work
Medicare Supplement Plans and Medigap plans are the same. There is no difference. However, Medicaid and Medicare Advantage are not the same and are different types of coverage.
Let’s look at Medigap plans and compare it to an everyday purchase: Think of Medigap plans like buying gas.
The quality of regular unleaded gasoline (Plan G) is the same at every gas station.
However, gasoline may have different prices from multiple gas stations in your town.
You probably buy the least expensive premium gas because it’s the same regardless of which station you buy it from.
This is how Medigap works.
If you want to purchase a Plan G, shop your Plan G with all the companies in your Zip Code.
If you are shopping for Plan N, shop all Plan N plans in your Zip Code.
Compare Connecticut Medicare Supplements
It is important to know that even though the coverage for Connecticut Medicare Supplement Plans are the same, the rates are not. You need to compare the plan letters from company to company. For example, compare Medicare Supplement Plan G from multiple companies.
Medicare Supplement Insurance Plan premium prices are different when comparing Connecticut Medicare Supplement Insurance Companies.
The Medigap lettered plans (Plan G for example) are standardized. This is a safety net put in place by CMS (Centers for Medicare and Medicaid Services) to protect you. Insurance companies, by law, can’t make any changes to standardized Medigap benefits.
CMS, however, does not regulate premiums. Insurance companies adjust rates based on inflation, overhead, medical pay outs, marketing, etc.
Connecticut Medigap Benefits
Plan G benefits are the exact same no matter what company you choose.
This applies to all Medigap plan letters.
You do not get better benefits by selecting a big or small insurance company.
Price comparison shopping is extremely important.
You must make sure that you are not spending more than you have to for the exact same Connecticut Medicare Supplement Insurance Coverage.
Medigap Outline Of Coverage
* Plans F and G also offer a high-deductible plan in some states. With this option, you must pay for Medicare-covered costs (coinsurance, copayments, and deductibles) up to the deductible amount of $2,340 in 2020 ($2,370 in 2021) before your policy pays anything. (Plans C and F aren’t available to people who were newly eligible for Medicare on or after January 1, 2020.)
** For Plans K and L, after you meet your out-of-pocket yearly limit and your yearly Part B deductible, the Medigap plan pays 100% of covered services for the rest of the calendar year.
*** Plan N pays 100% of the Part B coinsurance, except for a copayment of up to $20 for some office visits and up to a $50 copayment for emergency room visits that don’t result in inpatient admission.
REMEDIGAP can help
Our service is free. We help Connecticut Medicare Insurance beneficiaries who are new to Medicare or already using Medicare.
If you have a Medigap plan, we can review your coverage and find lower rates to save you money on the same exact plan.
We are independent agents who shop the entire market and offer you choices.
We’re not bound to any insurance company.
We don’t work for the Medicare Supplement companies. We work for you.
We’ll find you the absolute highest value with your Medicare Supplement coverage by shopping all of the insurance companies that offer Connecticut Medigap coverage.
Be an informed buyer and comparison shop your Connecticut Medicare Supplement Insurance plans and rates.
Just click here to request a quote or call us at (888) 411-1329 for personal service.
Connecticut Medigap Locations
Are you wondering if I can help you lower your Medicare Supplement costs? I can! Below are the cities in Connecticut that I serve. Click here if you’re looking for other Medicare Supplement states.
Ansonia Bantam borough Bethel Bethlehem Village Blue Hills Branford Center Bridgeport Bristol Broad Brook Canaan Canton Valley Central Manchester Central Somers Central Waterford Cheshire Village Chester Center Clinton Collinsville Conning Towers-Nautilus Park Coventry Lake Crystal Lake Danbury Danielson borough Darien Deep River Center Derby Durham East Brooklyn East Hampton East Hartford East Haven Essex Village Fenwick borough Georgetown Glastonbury Center Groton Groton Long Point borough Guilford Center Hartford Hazardville Heritage Village Higganum Jewett City borough Kensington Lake Pocotopaug Litchfield borough Long Hill Madison Center Mansfield Center Meriden Middletown Milford city (balance) Moodus Moosup Mystic Naugatuck borough New Britain New Hartford Center New Haven Newington New London New Milford New Preston Newtown borough Niantic Noank North Granby North Grosvenor Dale North Haven Northwest Harwinton Norwalk Norwich Oakville Old Mystic Old Saybrook Center Orange Oxoboxo River Pawcatuck Plainfield Village Poquonock Bridge Portland Putnam District Quinebaug Ridgefield Rockville Salmon Brook Saybrook Manor Shelton Sherwood Manor Simsbury Center South Coventry South Windham Southwood Acres South Woodstock Stamford Stonington borough Storrs Stratford Suffield Depot Tariffville Terramuggus Terryville Thompsonville Torrington Trumbull Wallingford Center Waterbury Wauregan Weatogue Westbrook Center West Hartford West Haven Westport West Simsbury Wethersfield Willimantic Windsor Locks Winsted Woodbury Center Woodmont borough