Alyssa Lane
AARP Medicare Supplement Insurance plans, also known as Medigap, are offered by private insurance companies to help pay some of the out-of-pocket costs that Original Medicare doesn't cover. These plans are designed for people who are enrolled in Medicare Parts A and B and help cover expenses such as copays, coinsurance, and deductibles. To qualify for an AARP Medicare Supplement Insurance plan, you must be an AARP member. In some states, plans may also be available to individuals under 65 who are eligible for Medicare due to disability or End-Stage Renal Disease.
| Characteristics | Values |
|---|---|
| Membership | You must be an AARP member to enroll in an AARP Medicare Supplement Insurance plan. Membership costs $20.00 a year. |
| Age | In most states, you must be 65 or older to be eligible. In some states, plans may be available to persons under 65 who are eligible for Medicare by reason of disability or End-Stage Renal Disease. |
| Medicare Parts | You must be enrolled in Medicare Parts A and B. |
| Provider | AARP Medicare Supplement Plans are insured by UnitedHealthcare Insurance Company. |
| Location | Each state has at least one AARP Medigap plan available, although people may not find all eight plans in their location. |
| Costs | AARP Medicare Supplement Insurance plans help cover out-of-pocket medical expenses, including copays, coinsurance, deductibles, and premiums. |
| Open Enrollment | You can enroll in an AARP Medicare supplement plan during the Medigap open enrollment period, which starts the month a person turns 65 and is enrolled in Medicare Part B. |
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What You'll Learn
AARP membership is required
AARP Medicare Supplement Insurance plans are offered through UnitedHealthcare, a nationwide health insurance company. These plans are only available to AARP members and help cover out-of-pocket medical expenses that Original Medicare (including Part A and Part B) does not.
Original Medicare pays a proportion of covered healthcare costs, but beneficiaries must also pay copays, coinsurance, and an annual deductible. AARP's Medicare Supplement Insurance plans can help cover these additional costs. These plans are also known as Medigap plans and are offered by private insurance companies.
Medicare Supplement Insurance plans have varying coverage and costs. Some plans cover most out-of-pocket costs but have higher monthly premiums. Other plans have lower monthly premiums but cover fewer out-of-pocket expenses.
AARP Medicare Supplement Insurance plans are available in every state, although the specific plans offered differ by location. To enrol in an AARP Medicare Supplement Insurance plan, individuals must be AARP members. Membership in AARP costs $20.00 per year and is open to individuals aged 50 years and older.
In some states, AARP Medicare Supplement Insurance plans may be available to individuals under 65 who are eligible for Medicare due to disability or End-Stage Renal Disease. However, it is important to note that AARP is not an insurance company, and its plans are not connected with or endorsed by the U.S. Government or the federal Medicare program.
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Eight Medigap plans are offered
AARP is a nonprofit membership organization that offers Medicare supplement insurance plans through UnitedHealthcare. These plans, also known as Medigap, help pay for out-of-pocket medical expenses that Original Medicare does not cover. Medigap plans are identified by letter: A, B, C, D, F, G, K, L, M, and N. Each plan with the same letter must offer identical benefits across all states, except for Massachusetts, Minnesota, and Wisconsin. However, costs vary by state and insurer.
AARP members can choose from eight standardized Medigap plans: A, B, C, F, G, K, L, and N. While each state offers at least one of these plans, the availability of the eight plans varies by state. These plans differ in their coverage and costs. Some plans cover most out-of-pocket costs but have higher monthly premiums, while others have lower premiums and higher out-of-pocket expenses.
Medigap plans are guaranteed renewable, meaning that as long as the monthly premium is paid, the insurer cannot terminate the plan, even if the insured becomes ill. Plans C and F are only available to those who were eligible for Medicare before 2020. Additionally, some Medigap policies offer extra benefits, such as healthcare coverage when travelling outside the United States.
To be eligible for an AARP Medicare Supplement Insurance plan, one must be an AARP member. Membership costs $20 annually. In some states, plans may be available to individuals under 65 who are eligible for Medicare due to disability or End-Stage Renal Disease.
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Medigap open enrollment period
Medicare Supplement insurance plans (also known as Medigap plans) are offered by private insurance companies to help cover some of the out-of-pocket costs that Original Medicare doesn't pay for. Medigap plans can help cover out-of-pocket costs for Medicare Part A and Part B, such as deductibles, copayments, and coinsurance.
The Medigap Open Enrollment Period is a one-time, six-month period that starts the first month a person is 65 or older and enrolled in Medicare Part B. During this time, insurance companies cannot refuse to sell a Medigap policy, and applicants will generally get better prices and more choices among policies. It is important to note that the Medigap Open Enrollment Period does not repeat every year, unlike the Medicare Open Enrollment Period.
If you are retired and 65 or older, it is recommended to apply for Medigap upon receiving your Medicare card, one to three months before your 65th birthday month. This will allow enough time for the application to be processed, and Medigap coverage can begin the same month that Medicare becomes effective. However, if you are still working or your spouse is working with health insurance through an employer group plan, you may delay enrolling in Original Medicare and avoid late enrollment penalties. Delaying Part B enrollment will also delay the start of your Medigap Open Enrollment Period.
In certain situations, you may be able to buy a Medigap policy outside of the Medigap Open Enrollment Period. These situations are called "guaranteed issue rights" or "Medigap protections," and you can check with your State Insurance Department to understand your rights and options. Additionally, some states offer Medigap policies to people under 65, so it is worth contacting your State Insurance Department to understand your rights under state law.
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Monthly premiums vary
Monthly premiums for AARP Medicare Supplement Insurance plans vary depending on the specific plan chosen and the individual's circumstances. AARP Medicare Supplement Insurance plans are offered by private insurance companies to help cover some of the out-of-pocket costs that Original Medicare (Part A and Part B) does not pay.
Original Medicare typically covers a portion of healthcare costs, but beneficiaries are often responsible for additional expenses such as copays, coinsurance, and deductibles. The AARP Medicare Supplement Insurance plans, also known as Medigap plans, assist in covering these out-of-pocket medical expenses.
Each Medigap plan has a different monthly premium, and the cost can depend on various factors. For example, the monthly premium for a 65-year-old female in Pensacola, FL, may differ from that of a male of the same age in a different state. Additionally, some plans may charge a higher monthly premium but cover most of the out-of-pocket costs, while others may have a lower monthly premium but cover fewer out-of-pocket expenses.
It is important to note that AARP Medicare Supplement Insurance plans are only available to AARP members. Individuals must enroll during the Medigap open enrollment period, which starts the month an individual turns 65 and is enrolled in Medicare Part B. After the open enrollment period, enrollment in a Medigap plan may be restricted or more costly.
Furthermore, in certain states, AARP Medicare Supplement Insurance plans may be offered to individuals under 65 who are eligible for Medicare due to disability or End-Stage Renal Disease. These plans provide flexibility and assistance in managing healthcare expenses for a diverse range of individuals.
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Out-of-pocket expenses covered
To qualify for an AARP Medicare Supplement Insurance plan, you must be an AARP member. Membership costs $20 per year, and some states may offer plans to those under 65 who are eligible for Medicare due to disability or End-Stage Renal Disease.
Medicare Supplement insurance plans, also known as Medigap plans, help pay some of the out-of-pocket costs that Original Medicare (Part A and Part B) doesn't cover. For example, Medicare Part B generally covers about 80% of Part B expenses, and a Medicare Supplement insurance plan could help pay your share.
Most Medicare Supplement plans cover the Medicare Part A hospital deductible. However, you are usually responsible for the Medicare Part B deductible.
A copay is a set amount paid each time you receive a covered service, such as a $20 copay for an in-office doctor visit. Coinsurance requires you to pay a percentage of the Medicare-approved amount each time.
Medicare Supplement insurance plans have different monthly premiums, and the benefits and costs vary depending on the chosen plan. Some plans cover most out-of-pocket costs but have higher monthly premiums, while other plans have lower monthly premiums and cover fewer out-of-pocket costs.
Medicare Part D prescription drug plans can be combined with Original Medicare or a Medicare Supplement (Medigap) plan to help pay for prescription drugs.
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Frequently asked questions
You must be an AARP member to qualify for an AARP Medicare Supplement Insurance plan. Membership costs $20.00 a year. In some states, plans may be available to persons under 65 who are eligible for Medicare by reason of disability or End-Stage Renal Disease.
AARP Medicare Supplemental Insurance covers out-of-pocket medical expenses that Original Medicare does not, including copays, coinsurance, deductibles, and prescription drugs.
You can enroll in an AARP Medicare Supplemental Insurance plan during the Medigap open enrollment period, which starts the month a person turns 65 and is enrolled in Medicare Part B.
