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Medicare Supplement Plans in Colorado
Medigap Plans for Colorado
(aka Medicare Supplement Plans)
Original Medicare coupled with a Medigap Plan, also known as a Medicare Supplement, is the traditional and most popular option when it comes to your Colorado Medicare health coverage. Medigap policies are standardized, meaning all insurance companies offer the same benefits. For example, Plan F--the most popular Medicare Supplement plan--has the same benefits no matter who you buy it from.
Medigap Description and Coverage:
Medigap Plans are named with a letter and go from A to N. Although there are several good options, the most popular and best Medigap policy is called "Plan F". Plan F covers 100% of Medicare deductibles, coinsurances, and excess charges, meaning you have zero out of pocket costs on all Medicare eligible expenses. You could think of it as the “peace of mind plan.”
Plan F even pays up to $50,000 for emergencies if you travel outside of the USA, which is important since Medicare does not cover you outside of the country. For a quick overview of what is covered by plans A through N click here. For a full description, on a specific plan, contact us.
Cost: Premiums for Plan F will depend on your gender, tobacco usage, where you live and what insurance company is selected. For example in June 2017, a 65-year old, non-smoking female living in Fort Collins, Colorado will pay anywhere from $123 to $140 per month for Plan F policies from the most popular companies, while a similarly aged male in Fort Collins, Colorado will pay between $130 to $160 per month. Of course, as with any insurance, premiums will usually go up on an annual basis.
Positives of a Colorado Medigap Plan:
Negatives of a Colorado Medigap Plan:
Call us today at 970-224-5500 or toll free at 800-553-1444 for a free, no-obligation Colorado Medigap consultation!