Jane Dotson
Aetna offers Medicare Supplement Insurance, also known as Medigap, which provides additional coverage for healthcare costs not included in Original Medicare Parts A and B. These supplemental plans can help limit yearly out-of-pocket expenses and are available in most states, including New Hampshire. However, it's important to note that Medicare Advantage plans and Medicare Supplement plans differ in provider networks and cost structures, and recent changes in New Hampshire's Medicare Advantage market may impact the availability of certain plans. Consumers are advised to carefully review their options to ensure they select the most suitable coverage for their healthcare needs.
| Characteristics | Values |
|---|---|
| Company | Aetna |
| Product | Medicare Supplement Insurance (Medigap) |
| Product Offerings | Reduced in New Hampshire |
| Availability | Reduced in New Hampshire |
| Entities | AHLIC, CLI, AHIC, ACI, and ALIC |
| States Where Products Are Not Offered | Connecticut |
| Premium Payment Methods | InstaMed, Payer Express |
| Plan Options | High-deductible Plan F, Plan G |
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What You'll Learn
- Aetna Medicare Supplement Insurance is sold in NH
- Medicare Supplement Insurance covers out-of-pocket costs
- Aetna offers Medicare Supplement products from different entities
- Medicare Advantage plans are different from Medicare Supplement plans
- The NHID is notifying Medicare Advantage plan enrollees of changes
Aetna Medicare Supplement Insurance is sold in NH
Medicare Supplement Insurance plans from Aetna offer coverage alongside Original Medicare (Parts A and B). They can help limit your yearly out-of-pocket costs. These plans are insured by Aetna Health and Life Insurance Company (Aetna) and are not connected with or endorsed by the U.S. Government or the Federal Medicare Program.
Aetna offers a voice signature option for its Medicare Supplement Insurance plans. This allows clients to call in to an 800 number, go through the prompts, and receive a confirmation number. There is also a Point of Sale 800 number that can be called with the client on the line, where an agent will collect the confirmation number.
Aetna's Medicare Supplement Insurance plans include a range of benefits, such as coverage for emergency care when travelling outside of the country, and the ability to see any doctor who accepts Medicare patients. There are no network restrictions. However, it is important to understand what each plan covers and how federal law affects eligibility.
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Medicare Supplement Insurance covers out-of-pocket costs
Medicare Supplement Insurance, also known as Medigap, is extra insurance that can be purchased from a private health insurance company to help cover out-of-pocket costs not covered by Original Medicare (Parts A and B). These out-of-pocket costs can include co-payments, coinsurance, and deductibles.
Medicare Supplement Insurance plans are available from various insurance companies, including Aetna, which offers Medicare Supplement Insurance plans insured by Aetna Health and Life Insurance Company. These plans can help limit yearly out-of-pocket costs associated with healthcare expenses.
Medicare Supplement Insurance policies typically cover the 20% of health costs that Original Medicare does not, providing more comprehensive coverage for individuals. This additional coverage can give peace of mind and help individuals avoid unexpected medical bills, as well as provide coverage for travel, including international travel, where eligible expenses during the first 60 days of each trip are covered up to a specified limit.
It is important to note that the cost of Medicare varies based on the coverage, services, and providers chosen. Therefore, individuals should carefully review the available plans and select the one that best suits their healthcare needs and budget.
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Aetna offers Medicare Supplement products from different entities
Aetna offers Medicare Supplement Insurance (also known as Medigap) plans that provide additional coverage for healthcare costs not covered by Original Medicare Parts A and B. These plans can help limit beneficiaries' yearly out-of-pocket expenses.
Aetna offers Medicare Supplement products from various entities, including the Aetna Health and Life Insurance Company (AHLIC), Continental Life Insurance Company of Brentwood, Tennessee (CLI), Aetna Health Insurance Company (AHIC), Aetna Life Insurance Company (ALIC), and American Continental Insurance Company (ACI). These entities provide a range of Medicare Supplement Insurance plans, each with its own unique features and benefits.
In New Hampshire, there have been recent changes to Medicare Advantage plans, with several insurance carriers reducing their participation. Aetna has also reduced its Medicare Advantage product offerings and availability in the state. However, it is important to note that Medicare Supplement Insurance plans are different from Medicare Advantage plans. While Medicare Advantage plans are offered by private insurance companies, Medicare Supplement Insurance plans, like those offered by Aetna, provide additional coverage on top of Original Medicare.
Aetna's Medicare Supplement Insurance plans are available in most states, including New Hampshire, and offer benefits such as coverage for emergency care when travelling outside the country, and the freedom to see any doctor who accepts Medicare patients without network restrictions.
Aetna's Medicare Supplement products provide valuable options for individuals seeking to enhance their healthcare coverage and limit out-of-pocket expenses.
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Medicare Advantage plans are different from Medicare Supplement plans
Medicare Supplement Insurance, also called Medigap, is not bundled with Original Medicare. Instead, it is extra coverage purchased to help pay for out-of-pocket expenses that Original Medicare does not cover, such as deductibles, copays, and coinsurance. Medigap policies help set a maximum out-of-pocket limit, limiting yearly costs. However, Medigap plans do not include prescription drug, dental, vision, or hearing benefits, which may be important considerations for individuals.
It is important to note that you cannot have both Medicare Advantage and Medicare Supplement plans simultaneously. When switching between the two, certain conditions and restrictions may apply, such as losing "guaranteed-issue" rights for Medigap when transitioning from Medicare Advantage. Therefore, it is crucial to carefully review the differences between the two options and understand the specific deadlines and requirements for switching plans to avoid potential penalties.
In New Hampshire, the state's Insurance Department has alerted consumers about significant changes to Medicare Advantage plans, with some insurance carriers reducing their participation in the market. This may result in around 44,000 seniors needing to choose a new plan or carrier, emphasizing the importance of understanding the differences between Medicare Advantage and Medicare Supplement plans to make informed decisions regarding healthcare coverage.
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The NHID is notifying Medicare Advantage plan enrollees of changes
The New Hampshire Insurance Department (NHID) has announced that it is notifying Medicare Advantage plan enrollees about significant changes to their Medicare Advantage options. This is due to several insurance carriers exiting or reducing their participation in the Medicare Advantage market, which will affect around 44,000 seniors in New Hampshire—more than half of the state's Medicare Advantage population.
These changes are a result of rising healthcare costs and a federal decision that reduced Medicare funding by 1.28% over the course of 2024-2025. While Medicare Advantage plans are federally regulated, the NHID has been closely monitoring the situation and is working to assist those affected. Consumers are urged to carefully review their Medicare coverage options during this critical transition period, paying close attention to the differences between Medicare Advantage and Medicare Supplement plans, especially regarding provider networks and cost structures.
The following companies will be making changes to their Medicare Advantage offerings:
- Anthem, Martin's Point, United Health Care, and WellSense will continue to offer Medicare Advantage plans without reducing product offerings or availability.
- Aetna will reduce both its Medicare Advantage product offerings and availability.
- Harvard Pilgrim Health Care and Wellcare (Centene) will no longer offer any Medicare Advantage plans in 2025.
- Humana will maintain its Medicare Advantage offerings but reduce availability in certain areas.
Consumers will receive a notification letter from their current plan provider, detailing the changes and outlining specific deadlines by which they must act. It is important to choose new coverage by these deadlines to avoid a loss of coverage and potential late enrollment penalties, especially for prescription drug coverage. The New Hampshire Insurance Department is enhancing resources for Medicare enrollees and will provide guidance to help them navigate these changes smoothly.
Regarding Aetna specifically, they do offer Medicare Supplement Insurance plans, also known as Medigap, which provide additional coverage for some healthcare costs not covered by Original Medicare (Parts A and B). These plans can help limit yearly out-of-pocket expenses. However, it is important to note that Aetna's Medicare Supplement plans do not include Resources For Living, which provides access to instructor-led group fitness classes.
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Frequently asked questions
Yes, Aetna offers Medicare Supplement Insurance in all states except Connecticut.
Medicare Supplement Insurance (also known as Medigap) covers some healthcare costs not covered by Original Medicare (Parts A and B). This includes emergency care when you're out of the country and any doctor who accepts Medicare patients.
You can call a licensed insurance agent to help you find a plan that's right for you. You can also sign up online using the voice signature option.
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