MedicareFAQ

Pennsylvania Medicare Supplement Plans pay for gaps in Medicare so that people don't have to. A lot of recipients assume that healthcare won't cost them anything when they obtain Medicare. After all, they paid Medicare taxes out of their payroll checks throughout their working lifetime.

 

However, while those taxes go to pay for their Part A premiums, they don't pay for Medicare Part B. You're still responsible for cost-sharing in the form of coinsurance and deductibles under Part A. Because of this, it's important for people to look at all the Pennsylvania Medicare Supplement available plans.

Pennsylvania Medicare Supplement Plans

There are many PA Medicare Supplemental insurance plans and carrier options. A favorable carrier among seniors in the state is Mutual of Omaha Medicare Supplement plans. Their mission is to help seniors in their time of need by offering affordable healthcare plan options. Aetna Medicare Supplement Plans are another well known carrier for Medicare recipients. For more information about the carriers in your state, please contact us.

 

For those beneficiaries under the age of 65, Pennsylvania offers all 10 letter plans. Some states don't offer any supplement plans or only a few if you're under 65, they also charge higher rates. In Pennsylvania, the rates will be the same for those under 65 as it is for those over 65.

Pennsylvania Medicare Supplement Pricing Guide

Enrollees will pay a monthly premium for their policy. Each insurance company sets its own prices for PA Medicare Supplement plans and policies that are subject to approval from the state’s insurance department. Prices can be set in one of three ways in the state.

Issue-Age-Rated Pricing

The premium is based on a person’s age when they purchase the policy.

Attained-Age Rated Pricing

Premiums are based on a person's current age and goes up as they get older. Although the premium may be the least costly at first, it can become the most expensive as a person gets older.

Community-Rated Pricing

Premiums are based on blocked groups with a flat rate.

In all three cases, premiums may increase every year due to inflation.

Pennsylvania Medicare Supplement Regulations & Laws

PA Medigap Plans Regulations & Laws include if a person is soon to be newly enrolled in Medicare Part B and Part A, as well as being at least 65 years of age, they cannot be denied a policy due to preexisting conditions. There's a six month period called the Open Enrollment window where no medical underwriting is needed prior to approval. Additionally, if they're involuntarily losing employer sponsored group health insurance because of separation from employment or retirement, they're eligible to purchase policies after the age of 65 without medical underwriting.

Best Medicare Supplement Plans in Pennsylvania

There are ten plans to choose from in the state, they all offer the same basic benefits with a few differences in coverage. Medigap Plan A provides coverage for only basic benefits while Medicare Supplement Plan F offers the most comprehensive coverage available.

Plan G, F and C are the most popular when they are combined with standalone Medicare drug plans.

 

On the other hand, Medigap Plan M and N are newer choices that were introduced in 2010. What makes them attractive is that they are cost sharing plans that will provide lower monthly premiums in return for higher out of pocket cost. Medicare Plan N is considered the more popular of the two in the state.

 

Both of these plans work somewhat like a Medicare Advantage plan. However, there is no network limitations associated with these policies, so the person who is covered is free to see any doctor.

 

Another popular choice among consumers in the state is the High Deductible Plan F. Plan F HD Medicare supplement policy works just like traditional Plan F. However, the insured must meet an annual deductible to qualify. The rates for this plan are extremely competitive.

 

The cost of Medigap Plan F rates in Pennsylvania vary from beneficiary to beneficiary. They're are many factors that impact your premiums. For a 65 year old female in Philadelphia, the Medigap Plan F rates are between $158-$194 depending on the carrier you choose to go with.