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Aetna Medicare Supplement Plans – F, G & N Benefits & Rates

Most people who decide to compare Aetna Medicare Supplement plans want to know that they are dealing with an established and responsible company that understands what they need. If Aetna Medicare Supplement Plan G, Aetna Medicare Supplement Plan F or Medigap Plan N is available in your local area — whether you live in Tennessee, Minnesota, Wisconsin, Massachusetts or any other state in the US — you should feel pretty confident about adding them to your list of Medigap policy insurers to check out. aetna medicare supplement plans

We know that retirees want to find lower prices in order to help with budgets; however, they are also savvy enough to seek quality Medicare Supplement insurance companies that won’t let them down. You probably want to find the lowest quotes, but you also want to make sure that your insurer treats you well when you have questions, need to pay your bill, or you have a health claim.

A Brief History of Aetna Medicare Supplement Plans

Aetna can trace its history to the company’s beginnings as a life insurance company way back in the 1850s. They did not take their name from one of the founders of the company. It’s sort of interesting to note that the insurer first derived the company name from a volcano named Mt. Etna. Apparently, Mt. Etna was Europe’s most active volcano at the time. The first company executives wanted to brand their insurance company as an active one, and the name has stuck ever since.

We have learned that many of our clients prefer to do business with insurance companies that help promote worthy causes. For instance:

  • This insurance company made the news and generated good press when they offered life insurance policies to the country’s first astronauts before they went to space in the 1960s.
  • Through their foundation, they also began actively in charitable causes in the 1970s.

In any case, Aetna established insurer began selling its first major medical policies in the early 1950s. By 1966, they had paid their very first Medicare claim. This means that they were both medical and Medicare insurance pioneers. Typically, Aetna Medicare Supplement plans are considered one of the top insurers for supplemental insurance in the United States.

The company has established itself in many markets with a consistent reputation for quality service, stable rates, and financial strength. Since they also market group and individual medical insurance, some Medicare Supplement customers simply transition from one type of health insurance to one of the Medicare Supplement insurance plans when they qualify for Medicare.

These are some notable facts about the size of this established insurance company:

  • A.M. Best rating: A
  • Five-year yearly growth rate: 13 percent
  • Number of employees: About 50,000
  • Total number of clients: Almost 47 million

Why Consider Aetna Medicare Supplement Plans Today?

Certainly, a long history of financial and consumer responsibility may help you feel at ease with an insurance company. Still, you might wonder why you should select Aetna for Medicare Supplement plans today. Consider some of our typical clients who might choose Aetna Medicare Supplement plans.

For example, Mr. and Mrs. Bolton are newly retired. They have worked hard to save money to help them live comfortably if they plan well. In other words, they are doing well, but they don’t want any surprises. The Bolton’s don’t mind budgeting for medical costs, but like most retirees, they need to be able to predict most expenses. Of course, one of the major concerns that today’s retirees have is budgeting for healthcare costs.

They also would prefer to make a choice, get familiar with it, and stick with it from year to year. The broad and standardized coverage and predictability of Aetna Medicare Supplement plans offer them what they want. If you’re choosing between companies or even between different types of Medicare insurance coverage options, these are some reasons to consider Aetna Medigap plans:

  • The company offers a 30-day guarantee if you’re not satisfied with your choice of Medigap plans.
  • You can enjoy freedom from Medicare Advantage networks, and use your Medicare Supplemental insurance with almost any medical provider who will accept Original Medicare.
  • You can enjoy stable, standardized benefits that won’t change each year as so many Medicare Advantage insurance companies do.
  • Nationwide, about 90 percent of supplemental insurance policy owners said that the plan did what they expected it to do.

Understanding Popular Aetna Medicare Supplement Plans

In most areas, you can choose between several different Medicare Supplement plans that all conform to the standard Medicare benefits that have been put in place by Medicare. Insurers may not offer every supplement in each local area. Naturally, your rates will be higher if you choose a plan with more robust benefits. At the same time, broader coverage might save you money in some cases when you need to use your plan for a hospital stay, to visit a specialist, and so on. Other things that could affect how much you have to pay could include your age, when you apply for a Medicare Supplement, and where you live.

To help you compare your options, this section describes the most popular Aetna Medicare Supplement plans that people choose to use along with Medicare Part A and Medicare Part B:

Aetna Medicare Supplement Plan F Benefits:

According to CSG Actuarial, around 40 percent of people who buy supplements have chosen Medicare Plan F. This far outdistances the popularity of any of the other Medicare Supplement plans. This might surprise some people because Aetna Medicare Supplement plan F also costs the most. However, retirees who want a robust plan that should eliminate most out-of-pocket expenses and make medical costs predictable may be wise to take this set-and-forget option.

With Aetna Medigap plan F, you get coverage for all of the gaps in payment left by Original Medicare. This even includes coverage for foreign travel emergencies and for charges that exceed Medicare allowances. Yes, the premium may be higher; but you might balance that against the freedom to select the best doctors and very healthy benefits. If you want to travel outside of your local area, you’re likely to find it easier to use your supplement than to use Plan C, which often has network restrictions and plan limits for areas of coverage.

Some of the coverage that you can enjoy by choosing Aetna Medigap Plan F, despite its higher monthly premium, include:

  • Part A deductible
  • Part B deductible
  • Part B excess charges
  • Medicare Part B coinsurance
  • Hospice care coinsurance
  • Skilled nursing facility care/inpatient hospital costs
  • The first three pints of blood when needed for a medical procedure
  • Office visits with your doctors and other healthcare providers

Before you choose a less comprehensive plan like Plan A or Plan N, you should talk to an insurance agent so that you can discover the benefits of Medicare Plan F through a company like Aetna Health and Life.

Aetna Medicare Supplement Plan G Benefits:

In the past few years, Aetna Medigap plan G has been rising in popularity. Recent reports showed that about 13 percent of Medicare Supplement plans sold were Medicare plan G. The only difference between Aetna Medicare Supplement plan G and plan F is that plan G doesn’t pay for the Part B deductible. This past year, the annual deductible for Part B is $183.

This means that you might compare premiums and find that the difference in price is actually greater than that deductible amount. This makes choosing Aetna Medigap plan G a pretty frugal decision. There’s little sense in paying more to insure something than it would cost you in the first place.

Aetna Medicare Supplement Plan N Benefits:

Do you want robust coverage but need to save money on your monthly rates? We understand that many retirees need to budget carefully. Also, some seniors have managed to stay very healthy, so they may only need to rely upon their health insurance a couple of times a year to visit the doctor. If this describes you, you might consider Aetna Medicare Supplement plan N. About 11 percent of Medicare Supplement owners chose plan Medigap Plan N as a way to balance the cost of insurance against the benefits it will provide them with.

These are some highlights of Aetna Medicare Supplement Plan N when compared to Plan F:

  • Medigap Plan N imposes more cost-sharing. Examples include $20 copays for trips to the doctor or a $50 copay to an emergency room.
  • It doesn’t pay for excess charges or the Part B deductible. You will probably want to be sure that your medical providers take Medicare Assignment.

Consider our example of Mr. and Mrs. Bolton. Yes, they hope to make their costs predictable. However, they understand that they might save money by just paying the Part B deductible if they need to access medical services instead of paying considerably more for their Medicare Supplement. They also plan to visit doctors who accept Medicare assignment, so they aren’t worried about excess charges.

A modest co-pay for a doctor’s visit or a rare visit to an emergency room won’t upset their budget that much. In this case, they may find that Aetna Medigap Plan N offers them the best choice. In some areas, the price difference between plan F and plan N might be $50 to $100 a month. That difference in price can make up for many $20 copays for a doctor’s visit.

If you do need to go to the emergency room but aren’t admitted to the hospital, you may have to pay a $50 copay. At the same time, you might save that much or more a year on the cheaper option of Aetna Plan N.

Do Aetna Medicare Supplement Plans Cover Medicare Part D Prescriptions?

When the government first designed Medicare Supplement plans, they intended them to cover Original Medicare’s deductibles, coinsurance, and copays. Because these plans cover these gaps, they are often called Medigap plans.

Part A and B of Original Medicare does not cover typical prescription medication that you might routinely pick up at your local drugstore. They may only cover medication that you get when you are in a hospital, hospice, or very specialized outpatient facility. This means that Aetna Medicare Supplement plans also won’t cover typical prescriptions.

Since the government introduced Part D, they also imposed penalties for people who did not have drug benefits. While some beneficiaries may get these from an employer or the government, lots of folks have also to purchase Part D. Most MA insurers bundle Part D in with their Medigap insurance, but Medigap plans never do. Aetna and most other companies that provide Medicare Supplement plans will offer you Part D too.

You could find it convenient to purchase Medigap plans and Part D from the same insurance company, but you don’t have to. For example, one company might offer lower prices for their Medigap plans, but they won’t pay very well for the prescriptions that you rely on. That’s why it can be an advantage to be able to shop for Part D separately from Medigap plans.

When Can You Enroll in Aetna Medicare Supplement Plans?

The good news is that there isn’t a yearly Open Enrollment for Medigap plans. To qualify, you just need to have Part A and B of Original Medicare. Also, you can’t enroll in an MA plan and a supplement at the same time.

However, there are only certain times when you can enjoy Guaranteed Enrollment Periods. The most common of these starts on the month when you first qualify for Part A and B and lasts for six months. At other times, you may get another Special Enrollment Period if you leave a company’s service area, lose your policy because of something the insurance company did, and so on.

You are free to apply for Aetna Medicare supplement plans at any time of the year. If you don’t have a Guaranteed Enrollment Period, you might have to answer health questions. Even if you have some typical medical conditions that are associated with aging, you might still qualify for standard rates. Of course, there is a chance that some medical issues might cause a decline or get you charged higher rates. For quotes and general guidelines, you can always speak with a Medicare Supplement agent. Typically, the insurance companies make it easy to figure out if you qualify or not on the applications.

Sample Rates for Aetna Medicare Supplement Plans

While we aren’t endorsed by Aetna, we can show you some sample quotes. Note that these are only samples and could change over time or be very different for you because of your age, health, or location. For instance, your payments may even vary from one ZIP code to another one. These samples are for a larger metro area in Texas, Pennsylvania, California, Michigan, Arizona, and Illinois. The examples compare Medicare plan F, Medicare plan G, and Medigap plan N, the three most popular choices.

These samples are for monthly rates Medicare Supplemental insurance for a 65-year-old man who doesn’t smoke:


  • F: $190.34
  • G: $150.44
  • N: $127.53


  • F: $244.65
  • G: $201.00
  • N: $148.69


  • F: $235.32
  • G: $153.19
  • N: $121.62

These sample quotes should give you a good idea of the difference in monthly prices for various plans. You might also find that you can save enough money by choosing plan G over Plan F to more than makeup for the annual deductible for Part B. If you’re relatively healthy, plan N may be a frugal choice out of all the Medigap plans because it’s cheap enough to make up for a few co-pays at the doctor or even a visit to an emergency room. You won’t be taking a big risk by choosing any of these options.

Are Aetna Medicare Supplement Plans the Best Option for You?

We might be able to speak with clients like Mr. and Mrs. Bolton to help them decide which Medicare Supplement plans are better for them or if they should consider other options besides Medigap plans. Since the government standardizes all of the Medicare Supplements, your first step is to simply choose the one that will serve your needs. The next step is to check prices to see which quality insurer is the most competitive in your town or city. Plan N will be the same if you buy it from an insurance company, so that makes it easier to shop for Medigap than some other kinds of insurance.

In some cases, Aetna might be cheapest; however, in other cases, a company like American Continental, or Continental Life could be more competitive in your local area. Companies have to base their plan off of the standards that are set by the government, but they are free to decide upon the prices they sell them for. If Aetna does offer the best prices for Medigap plans, it still might not be the right choice for your Part D because of the specific prescriptions that you rely upon.

You can use our online tools to find prices and details for Aetna and other top insurers. You can also find the toll-free phone number that will put you in contact with a qualified agent. Over the years, we’ve helped lots of seniors find the right Medigap insurance to use along with the federal Medicare program. We hope to make it easy for you to locate the information that you will need to find the best Medicare Supplemental insurance. We can also tell you more about Medicare Advantage plans that Aetna offers so that you can check this option out, too. In no time, you’ll have your coverage and your new ID card and will be able to enjoy the benefits of Medicare Supplement insurance or Medicare Advantage.

Please note: We are not Aetna, this is our general opinion of Aetna Medicare supplement plans. Refer to your complete policy for full coverage details.


Centers for Medicare and Medicaid Services