The best New Hampshire Medicare Supplement plans can be found by becoming familiar with a few simple steps. In this guide, we’ll walk you through how to compare plans and find the best value when shopping for New Hampshire Medigap plans.
In this article we’ll discuss:
best medicare supplement plans in New Hampshire
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 Anthem, Aetna or any other Medigap company.
It’s the LAW!
How to save money on medicare supplement plans in New Hampshire
How much will you pay for your New Hampshire Medicare Supplement insurance? First thing you need to be aware of: You’re not getting more benefits by paying more.
So don’t overpay!
How much can New Hampshire residents save?
Here’s the 1st example of how you much you can save. Let’s say you’re interested in Medigap Plan G.
Plan G premiums with one insurance company can be very different from another insurance company. 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
Let’s look at Medigap 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.
New Hampshire 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 New Hampshire Medicare Supplement Insurance Coverage.
Compare New Hampshire Medicare Supplements
It is important to know that even though the coverage for New Hampshire 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 New Hampshire Medicare Supplement insurance companies.
The Medigap lettered plans 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.
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 New Hampshire 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 New Hampshire Medigap coverage.
Be an informed buyer and comparison shop your New Hampshire Medicare Supplement Insurance plans and rates.
Just click here to request a quote or call us at (888) 411-1329 for personal service.
New Hampshire Medigap Locations
Are you wondering if I can help you lower your Medicare Supplement costs? I can! Below are the cities in New Hampshire that I serve. Click here if you’re looking for other Medicare Supplement states.
Antrim Berlin Bristol Charlestown Claremont Concord Contoocook Conway Derry Dover Durham East Merrimack Enfield Epping Exeter Farmington Franklin Gorham Greenville Groveton Hampton Hanover Henniker Hillsborough Hinsdale Hooksett Hudson Jaffrey Keene Laconia Lancaster Lebanon Lisbon Littleton Londonderry Manchester Marlborough Meredith Milford Nashua Newmarket Newport North Conway Peterborough Pinardville Pittsfield Plymouth Portsmouth Raymond Rochester Somersworth South Hooksett Suncook Tilton-Northfield West Swanzey Whitefield Wilton Winchester Wolfeboro Woodsville