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Best Medicare Supplement Plans in Tennessee

See popular plan types, price comparisons, and the best time to enroll in Medigap policies in Tennessee.

If you’re about to enroll in Medicare Part A and Part B of Medicare, you may consider one of the best Medicare Supplement plans in Tennessee for 2022 to help fill in some of the gaps in coverage left by deductibles and copays. After all, Original Medicare through the federal Medicare program is a great program, Medicare coverage just doesn’t cover everything. Learning about a Tennessee Medigap plan through a top company like Cigna or Mutual of Omaha might be the key to saving money on your out-of-pocket expenses for your healthcare.

Find Plans in Your Area
 

Most Popular Medicare Supplement Insurance plan types in Tennessee

The best Medicare Supplement plans in Tennessee will depend on the person, but these plan options have something for everyone.

1. Best for Full Coverage: Medicare Supplement Plan F

  • Medicare Plan F has the most comprehensive benefits, but there’s a catch. The beneficiary’s Medicare start date must be no later than January 1, 2020. 
  • This health plan covers everything: co-pays, Part A and Part B deductibles, and coinsurance.

2. Best Comprehensive Coverage: Medicare Supplement Plan G

  • Medigap Plan G has all the benefits of Plan F except for one thing: it does not cover Part B deductibles.

Other than that, it’s a great plan for those with comprehensive health insurance needs, and cost savings vs. Plan F might be worth it if you can choose.

3. Best Value: Medicare Supplement Plan N

  • Medicare Plan N is the most economical if you are willing to forfeit certain insurance benefits. 
  • While it does not cover Part B’s deductible, it does extend to 100% of Part B’s coinsurance, except for two exceptions. You will pay up to $20 for doctor visits and $50 if a hospital visit doesn’t result in the beneficiary being admitted.
  • It will also cover up to 80% of medical costs outside of the US, up to a total of $50,000.

Best Deductible Plan: High Deductible Plan F

  • This offers the same coverage as Medicare Plan F, but you must cover all Medicare costs up to $2,490 before your coverage kicks in. 
  • Although it’s a substantially cheaper option than the Original Plan F, you must still be enrolled in Medicare before January 1, 2020. 

Best for Lowest Premiums: High Deductible Plan G

  • This plan is the same as Plan G, but again, you must cover all Medicare costs up to $2,490 before your coverage kicks in. 
  • This is another substantially cheaper option than the original plan.

Medicare Supplement Insurance prices in Tennessee

The average cost for Medicare Plans F, G, and N are outlined below, based on the demographics of a 65-year-old female non-smoker who lives in Nashville, Tennessee, zip code 37011. 

65-Year Old Female Non-tobacco
Plan Type Premium Range
Plan F$122.87-$242.52
Plan G$122.87-$242.52   
Plan N$77.88-$176.21

Best time to apply for a Medicare Supplement Insurance plan in Tennessee

The annual enrollment period only applies to Medicare Advantage and Medicare Part D plans (prescription drug plans). It does not apply to Medigap plans. 

  • The six-month open enrollment period for a Medicare Supplement plan begins the first of the month that you turn 65 years old. 
  • You must also be enrolled in Medicare Part B. 

You must sign up during open enrollment to avoid higher premiums or missing out on Medigap altogether. If you miss the Medigap Open Enrollment Period, you could still utilize a Special Enrollment Period. 

With this approach, you may be able to qualify for Guaranteed Issue Rights, which require insurance companies to offer you certain Medigap policies. In addition, it entitles you to receive coverage for all pre-existing health conditions and protects you from being charged extra for any policy if you have had health issues in the past or present.

As long as you don’t miss the open enrollment period, an insurance company cannot deny you supplemental insurance based on pre-existing conditions or charge you a higher monthly premium.

Better Understanding of Tennessee Medigap Plans

Medicare Supplement Insurance in Tennessee is standardized, the same as every other state. But costs and plan availability may vary across state lines.

Also known as Medigap, it helps cover costs Original Medicare doesn’t. To get Medigap insurance, you must have Medicare Part A and Medicare Part B.

It is not an HMO or PPO.

Medigap Benefits:

  • It can cover copayments, deductibles, and coinsurance.
  • It can cover the cost of blood and excessive medical expenses.
  • Most plans also cover emergency health care costs outside of the US.

What you need to know about Medicare Supplement Insurance: 

  • Open season begins when you are 65 and are enrolled in Medicare Part A and B. 
  • You must choose a Medicare Supplement plan within six months. If not, you may risk missing out or paying higher monthly premium costs down the road.
  • Medicare Supplement insurance is not the same thing as Medicare Advantage plans (also known as Part C).
  • Medigap does not offer prescription drug coverage, but you can get supplemental insurance through a Prescription Drug Plan (D). 
  • No vision or dental coverage.

Has additional coverage for skilled nursing facilities, giving the senior up to 100 days of care for little to no out of pocket expenses.

FAQ:

When can I change Medigap plans?

If you applied for a Medigap policy during open enrollment, you could switch plans at any time within the six-month open enrollment period.

There may be several reasons you want to switch providers or plans:

  • You don’t need the benefits you have.
  • Maybe you need more benefits.
  • You want to pay a lower monthly premium.
  • You want to switch insurance providers.

Keep in mind that if you want to change your Medigap plan after open enrollment, you will have to answer questions regarding current health conditions and might have to pay a higher monthly premium. 

Can I be denied Medigap coverage?

You cannot be denied coverage within the six-month enrollment period. This begins on the first of the month that you turn 65 and you have Original Medicare Part B.

If you apply for Medicare Supplemental Insurance after this enrollment period, you may be denied coverage. 

However, if you qualify for a Special Enrollment Period, you will have guaranteed issue rights, meaning insurance companies have to offer you a Medigap policy and cover all pre-existing conditions, even if you are outside of open enrollment.

Related Topics

Ready to Learn More?

We help educate Medicare beneficiaries on their Medigap options and help them go through the process of reviewing and comparing plans. We work with most of the nations top-rated Medigap carriers such as Aetna, Cigna, Mutual of Omaha and Florida Blue Medicare plans. Give us a call today, or request a quote online to learn more about Aetna Medicare Supplement plan G and Mutual of Omaha Medicare Supplement plan G in your state. We educate you on the best Medicare Plans for your situation, then let you decide. 

Tennessee State Links

Tennessee Medicare Resources

Key Take Aways
  • Learning about a Tennessee Medigap plan through a top company like Cigna or Mutual of Omaha might be the key to saving money on your out-of-pocket expenses for your healthcare.
  • There are 10 Medicare Supplement Plans in Tennessee to choose from.
  • In Tennessee, Medicare Supplement Plan G is the most popular plan for 2022.