by Russell Noga | Updated September 6th, 2023
Do you have Original Medicare Parts A & B? If so, you qualify for a Medicare supplement plan known as “Medigap.”
Medigap policies help you cope with the medical and hospital expenses Medicare doesn’t pay in full. It’s a great way to reduce your annual healthcare expenses and make them more predictable.
Medigap policies in 2024 come in ten options, each with different coverage in exchange for a monthly premium. Your cost for various policies is largely based on your location, gender, tobacco use, and age.
Plans F, G, & N are the most popular options due to their comprehensive coverage. This article gives you everything you need to know about the best Medicare supplement plans Mississippi has to offer.
We’ll look at the best providers in the industry and the average rates for Medigap Plans G, F, & N.
Insurance Companies for Medicare Supplement Plans Mississippi
Many Private insurance companies sell Medigap plans. The Federal government standardizes the industry, ensuring all providers offer the same benefits within each Medigap plan letter.
However, the insurers all have different monthly premiums depending on the provider you choose for your policy.
Our research shows the following insurers are some of the available choices for Medigap policies in Mississippi.
- Aetna
- Allstate
- Mutual of Omaha
- AFSLIC
- Cigna
- Atlantic Coast Life
- Bankers Fidelity
- Blue Cross Blue Shield of Mississippi
- Catholic Life Insurance
What Does Plan G Cover?
Medicare Plan G is popular because it offers the highest level of coverage after Plan F. It comes with lower premiums than Plan F and is the best choice for near-comprehensive coverage for people eligible for Medicare after January 1, 2020.
The only thing it doesn’t cover is the Part B deductible.
- Part A coinsurance and hospital costs up to an extra 365 days after Medicare benefits expire.
- Part B coinsurance or copayments.
- Blood (first 3 pints).
- Part A hospice care coinsurance or copayments.
- Skilled nursing facility care coinsurance.
- Part A deductible.
- Part B excess charges.
- 80% of foreign travel emergency coverage (up to plan limits).
Medicare Supplement Plan F
Medigap Plan F was previously the most popular Medigap policy for new enrollees. However, if you’re eligible for Medicare after January 1, 2020, Plan F is no longer available.
Plan F is the only Policy covering the Part B deductible of $226 in 20203. However, it has higher premiums than Plan G.
- Part A coinsurance and hospital costs up to an extra 365 days after Medicare benefits expire.
- Part B coinsurance or copayments.
- Blood (first 3 pints).
- Part A hospice care coinsurance or copayments.
- Skilled nursing facility care coinsurance.
- Part A deductible.
- Part B deductible.
- Part B excess charges.
- 80% of foreign travel exchange (up to plan limits).
Medicare Supplement Plan N
Medigap Plan N is a good choice for healthy seniors who rarely visit the doctor or emergency room.
This plan gives you low monthly premiums, but you’ll need to make a $20 copayment at the doctor’s and a $50 copayment at the emergency room if the medical team doesn’t admit you.
- Part A coinsurance and hospital costs up to an additional year after Medicare benefits expire.
- Blood (first 3 pints).
- Part A hospice care coinsurance or copayments.
- Skilled nursing facility care coinsurance.
- Part A deductible.
- 80% of foreign travel exchange (up to plan limits).
Plan N also doesn’t cover the Part B deductible or Part B excess charges. You can avoid excess charges by seeing doctors and specialists who charge Medicare-approved rates (Medicare Assignment).
What Do Plans F, G, & N Not Cover?
Apart from Plan F, no Medigap plan covers the Part B deductible. They also don’t cover the costs of preventative treatments from the acupuncture therapist, physiotherapist, or foot doctor.
You don’t have coverage for prescriptions and no coverage for long-term stays at nursing homes or private-duty nursing.
Medigap plans generally don’t cover vision, hearing, and dental services.
However, some providers offer discounted rates for their beneficiaries, provided they use a provider in their network. Or providers might offer additional policies covering these services for a small monthly premium.
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What are the Best Alternate Medicare Supplement Plans Mississippi?
There are several other options for Medigap policies. However, they don’t come with the same level of comprehensive coverage as Plans F, G, & N.
Still, they’re good choices for low-income seniors that don’t have the budget for the more expensive policies.
Our research shows UnitedHealthcare is the best provider for plans K & L, and Blue Cross Blue Shield of Mississippi offers the lowest premiums for Plans C & D.
Here are the average rates for these policies based on a 65-year-old female nonsmoker.
- Plan A – Aetna: $103.96
- Plan B – Aetna: $121.93
- Plan C – Blue Cross Blue Shield of Mississippi: $306.32
- Plan D – Blue Cross Blue Shield of Mississippi: $180.98
- Plan K – UnitedHealthcare: $68.16
- Plan L – UnitedHealthcare: $102.02
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Frequently Asked Questions
What are Medicare supplement plans, and how do they work in Mississippi?
Medicare supplement plans, also known as Medigap plans, are private insurance policies that help cover the gaps in original Medicare coverage. Medigap plans work alongside Medicare Part A and Part B to provide additional benefits, such as deductibles, copayments, and coinsurance.
Which Medicare supplement plans are considered the best in Mississippi?
The best Medicare supplement plans in Mississippi for 2024 can vary based on individual needs. However, popular options often include Plan F, Plan G, and Plan N. These plans typically offer comprehensive coverage and provide flexibility in choosing healthcare providers.
What does Medicare Supplement Plan F cover?
Medicare Supplement Plan F offers the most comprehensive coverage among all Medigap plans. Medigap Plan F covers Medicare Part A and Part B deductibles, copayments, and coinsurance, as well as Part B excess charges, skilled nursing facility coinsurance, and foreign travel emergency care.
What benefits does Medicare Supplement Plan G offer?
Medicare Supplement Plan G is similar to Plan F in coverage, except for the Medicare Part B deductible. Medigap Plan G covers Part A and Part B coinsurance, copayments, skilled nursing facility coinsurance, Part B excess charges, and foreign travel emergency care.
How does Medicare Supplement Plan N work?
Medicare Supplement Plan N offers comprehensive coverage but requires some cost-sharing. Medicare Plan N covers Medicare Part A coinsurance and hospital costs, Part B coinsurance (except for a copayment of up to $20 for some office visits and up to $50 for emergency room visits), and skilled nursing facility coinsurance. It does not cover the Part B deductible or excess charges.
Can I switch Medicare supplement plans in 2024?
Yes, you can switch Medicare supplement plans in Mississippi for 2024. However, it’s important to consider certain factors, such as pre-existing conditions and underwriting requirements, which may affect your ability to change plans. It’s recommended to consult with a licensed insurance agent to understand your options and eligibility.
How can I enroll in a Medicare supplement plan?
To enroll in a Medicare supplement plan call us today at 1-888-891-0229.
Are Medicare supplement plans in Mississippi available to people under 65 with disabilities?
In Mississippi, Medicare supplement plans for 2023/2024 may be available to individuals under 65 with disabilities. However, availability can vary depending on the insurance company. It’s important to check with insurers in your area to confirm eligibility and plan options for those under 65.
Do Medicare supplement plans in Mississippi cover prescription drugs?
No, Medicare supplement plans do not cover prescription drugs. To obtain prescription drug coverage, you will need to enroll in a standalone Medicare Part D prescription drug plan. These plans are offered by private insurance companies and can be added to your original Medicare coverage or Medicare Advantage plan.
How can I find the best Medicare supplement plans in Mississippi 2024?
To find the best Medicare supplement plans in Mississippi just call us today, or enter your zip code at the top of this page to see rates from popular insurance companies for Medigap Plan F, G, and N.
Find the Right Medicare Plan for You
Finding the perfect Medicare plan for you doesn’t have to be stressful. Whether it’s a Medigap plan or you have questions about Medicare Advantage or Medicare Part D, we can help.
Reach out today at 1-888-891-0229 and one of our knowledgeable, licensed insurance agents will be happy to assist you!
Russell Noga is the CEO and Medicare editor of Medisupps.com. His 15 years of experience in the Medicare insurance market includes being a licensed Medicare insurance broker in all 50 states. He is frequently featured as a featured as a keynote Medicare event speaker, has authored hundreds of Medicare content pages, and hosts the very popular Medisupps.com Medicare Youtube channel. His expertise includes Medicare, Medigap insurance, Medicare Advantage plans, and Medicare Part D.