What are the most Popular Medigap Plans in West Virginia?

Currently, some of the popular Medigap plans in West Virginia are:

1. Plan F: This plan covers most of the out-of-pocket costs associated with Original Medicare, including both Part A and Part B deductibles, copayments, and coinsurance. However, it’s important to note that Plan F is not available to new Medicare beneficiaries who became eligible after January 1, 2020.
2. Plan G: This plan is similar to Plan F, but it does not cover the Part B deductible. It offers comprehensive coverage and has been a popular choice for people who are not eligible for Plan F.
3. Plan N: This plan covers most out-of-pocket costs, but it requires a small copayment for certain services and does not cover the Part B deductible or Part B excess charges. It’s a popular choice for those looking for a balance between coverage and affordability.

While these plans might be popular in West Virginia, it’s important to compare plans based on your individual needs and budget. To find the most up-to-date and accurate information on Medigap plans available in West Virginia, consult the official Medicare website (www.medicare.gov), contact your State Health Insurance Assistance Program (SHIP), or speak with an experienced and reputable licensed insurance professional.

Medicare Supplement Plans West Virginia

For Medicare Supplement Plans West Virginia, there are several choices, but what is the best Medicare Supplement Plan in West Virginia?  The answer to that question is “It depends”.  I know that is not exactly what you are looking for but please keep reading for a full explanation or call us anytime at 844-528-8688 for a personal consultation on what Medicare Supplement Plan in West Virginia fits you the best.

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No matter where you live in West Virginia when you enter Medicare, you need Medicare supplemental coverage that fits your lifestyle and budget. Medicare Supplement Plans West Virginia are readily available without any clinical underwriting throughout your open enrollment period.  See our Medicare Supplement Guide for information on entering into Medicare.

First Things First, You Need Medicare

To be eligible for a West Virginia Medicare Supplement Plan, you need to have Medicare Parts A and B.

WV Medicare Eligibility

There are two different scenarios when it comes to your Medicare Enrollment, to find out what you need to do to enroll in Medicare, see below to find which fits your situation.

Finding Your West Virginia Medicare Supplement Plan

Now that you have a grasp of the Medicare enrollment process, it’s time to identify the most suitable Medicare Supplement Plan in West Virginia for your needs. While the premiums for Medicare Supplement Plans in West Virginia are certainly a crucial consideration, it’s also essential to evaluate the insurance company and its history of rate increases. A plan that appears to have the lowest monthly premium at the moment may turn out to be quite expensive in the long run.

Medicare Supplement Companies often enter a region with an attractively low “introductory price” as a strategy to acquire new customers. However, once they establish a substantial customer base, they may significantly increase their rates to offset any initial losses. This is one of the reasons why we at Medicare Solutions Team offer access to more than twenty Medicare Supplement Plan providers in West Virginia.

Medicare Supplement Plans, sometimes called Medigap Plans are set and standardized by CMS (Medicare).  They offer 10 plans but the three most popular are Plan F, Plan G and Plan N.

What’s the average cost for a Medicare Supplement Plan in West Virginia?

The average cost of a Medicare Supplement plan is $139 per month for 2023. However, rates can vary widely from about $50 to more than $400 per month. Your actual cost will depend on the amount of coverage your prefer, the plan that will meet your individual needs, and the insurance company you decide to buy your plan from.

West Virginia Medicare Supplement Plan F

The Plan F Medicare Supplement Plan West Virginia, simply put, covers everything.  On the face that seems like a great idea, but there are a few reasons why.

1. It is the most expensive Plan on the Market
2. It has the highest rate increases of all the Medicare Supplement Plans
3. The Medicare Supplement Plan F will no longer be available to new enrollment as of 2020.

**The Medicare Supplement Plan F High deductible plan will not be changed in 2020.

West Virginia Medicare Supplement Plan G

The Medicare Supplement Plan West Virginia that offer’s the most coverage for the lowest premium is the Medigap Plan G.  The Medicare Supplement Plan G offers the exact same benefits as Plan F except that you will pay the Part B deductible.  The Part B deductible is set by Medicare and can change, but at this time it is $183.00 per year. 

The West Virginia Medicare Supplement Plan G is normally $300.00 to $400.00 per year less in premium than the Plan F and historically has much lower rate increases.  

Once the Part B deductible ($183.00 for 2018) is paid, your benefits will be identical to the Medicare Supplement Plan F.  Why would anyone want to pay an insurance company $300.00 to $400.00 a year more to just to pay a $183.00 deductible.

West Virginia Medicare Supplement Plan N

Medicare Supplement Plan N is one of the lowest cost Medicare Supplement Plans, but you will take on a little more risk and out-of-pocket costs.  With a Medigap Plan N, you will have copays of $20.00 for the doctor visits and $50.00 for an emergency room visit.

Paying a copay is something that most people are used to, and does add some cost if and when you go to the doctor, but there is another facet of the Plan N that you need to be aware of.

Plan N does not cover Medicare Part B excess charges, now this could be a big deal or nothing at all.  If a doctor accepts Medicare but is not assigned by Medicare he can legally charge you 15% over the Medicare-approved amount.  You would then be responsible for that extra cost.

What is the best Medicare Supplement provider in West Virginia?

The “best” Medicare Supplement provider in West Virginia will depend on your individual needs, preferences, and circumstances. When evaluating Medicare Supplement (Medigap) providers, consider factors such as financial stability, customer service, premium rates, and plan offerings.

We have found over the many years that we have been offering Medicare Supplement (Medigap) plans that our top three providers are typically UnitedHealthcare, Mutual of Omaha, and Humana.

These are just a few examples, and there may be other providers that offer competitive plans in West Virginia. To find the best provider for you, it’s important to compare the available plans and companies based on factors such as coverage, premiums, financial stability, and customer service. Additionally, you can check customer reviews and ratings to gain more insights into a particular provider’s reputation.

Now the excess charges could end up not being a problem at all, in fact, there are some states that do not allow the excess charges, sadly West Virginia is not one of them.  As of the last report, approximately 93% of doctors across the United States accept Medicare Assignment and if you do your due diligence when looking for a doctor or having a procedure done, it should not be a problem.

Frequently Asked Questions

For complete details on Medicare Supplement Plans West Virginia, you can reach us by email on our contact us page or by calling 844-528-8688.  Remember there is never a fee for our services.