Questions? Call for details. (888) 414-4547
Get a Quote
Select coverage type
Enter your zip code
Select Your State
Enter Your Zip Code

Best Medicare Supplement Plans in Virginia 2020 – Comparison Chart

If you want to simplify your healthcare as much as possible, some of the best Medicare Supplement plans in Virginia for 2020 can help. There were nearly 60 million people signed up for Medicare through the U.S. government in 2017.  Original Medicare (Part A and Part B) will cover roughly 80% of your medical expenses leaving gaps in coverage. The best Medicare Supplement plans in Virginia can fill in most or all of those gaps. Some of these gaps include:

  • Excess charges
  • Copayments
  • Coinsurance
  • Deductibles

Whether you’re already struggling to cover these expenses or you’re preparing to sign up for Original Medicare A and B through the federal government shortly, we can help. Let’s start by getting a basic understanding of Medicare Supplement insurance plans in Virginia and how they work.

When Should I Apply For a 2020 Medicare Supplement Plan in Virginia?

Anytime is a good time to apply for the best Medicare Supplement plan in Virginia. If you have signed up for Medicare Part B or plan to do so soon, then you are qualified to at least apply for the Medigap plan of your choice. Below is a breakdown of the most common enrollment time frames.

Initial Election: Apply during your initial Medigap Open Enrollment Period.

This starts the month that you turn 65 and extends for six months. During this period, you have guaranteed-enrollment rights for your Supplemental health insurance plan. This means that all insurance carriers offering Medicare Supplement plans in Virginia are required to provide you with benefits. Your medical history is not a factor when determining your premium.

Special Election: Apply during a special guaranteed-enrollment period.

This unique opportunity for guaranteed enrollment is likely to open if you didn’t select a Medicare Supplement plan during your initial enrollment period. A few examples of this are:

  • losing employer medical coverage due to retirement or other circumstances
  • moving outside of your current plans service area
  • your existing Medicare plan files for bankruptcy or violates their contract with you.

Usually, you have 63 days to take advantage of these special enrollment periods.

Anytime Election: If your open enrollment period has passed and you don’t qualify for a special enrollment period, you can still apply for a Medigap plan to help you save on healthcare costs. Insurance carriers will ask questions regarding your medical history as you move through the underwriting process. This means that you could be turned down for coverage because of medical underwriting.

How Are Rates Calculated For Medicare Supplement Plans In Virginia for 2020?

Insurance carriers may use some or all the following factors to determine your Medigap premium:

  • Age
  • Zipcode
  • Smoking habits
  • Gender

There are three methods that insurance companies use to determine rates for the best Medicare Supplement plans in Virginia.

  • Community-rated

    Policies offer the same Medigap rate to all applicants falling within specific areas or groups.

  • Issue-age policies

    Base your rate on your age at the time of your application for coverage. Your premium for your Medicare Supplement plan may change based on fluctuations in the cost of health care but will not go up due to your advancing age.

  • Attained-age

    Rating calculation bases premium on your age, so your Medigap plan will become more expensive as you advance into higher age groups or brackets.

Medicare Supplement Plan Comparison Chart in Virginia for 2020

Since each Medicare Supplement plan includes a different set of benefits, your choice is personal. Plan options start with Medicare Supplement Plan A and run through Medicare Supplement Plan N.

AS you can see on the chart, Medicare Supplement Plan F in Virginia is by far the most popular option in Virginia and across the United States. It offers the most coverage of all of the Medicare Supplement plans in Virginia on the comparion chart. It is available both as a high deductible option and a standard option.

Medigap Plan G and Medigap Plan N are becoming more popular by the year. The main difference between these Medigap plans is whether or not they will cover your Medicare Part B deductible and/or Part B excess charges. Monthly premiums do vary based on the plan and how much coverage is offered.

Please note: Medigap Plan F in Virginia will no longer be available to Medicare beneficiaries that turn age 65 after 01/01/2020. Plan F will still available to Medicare Beneficiaries who are already on Medicare Part A and Medicare Part B prior to 01/01/2020.

If you’re wondering what each of these plans does and does not cover on top of Medicare Part A and Part B, take a look at this comparison chart. Then, you can determine which is the best Medicare Supplement plan in Virginia for you.

Can I Use My Virginia Medicare Supplement Plan In Other States?

The best Medicare Supplement plans in Virginia are more attractive than other forms of coverage because it travels with you. There are no networks to consider, and you don’t have to ask for referrals when you want to schedule an appointment with a specialist. You remain in complete control of which doctors treat your body, regardless of the location of the doctor’s office or skilled nursing facility. When you enroll in a Medigap plan, you will have the ability to receive care whenever and virtually wherever it is needed.

If you move to another state, your Medicare Supplement plan will move with you. Since most insurance companies use your location to determine your premium, your out-of-pocket costs for your Medigap rate may change along with your zip code.

Choosing a Supplement plan to supplement your Medicare benefits through the Medicare program is ideal if you like to travel or if you like freedom with your healthcare choices. For example, Medicare Advantage plans (Medicare Part C) generally doesn’t offer these benefits. Instead, many of these plans are HMO or PPO plans and have network restrictions.

How Do I Apply For a Medicare Supplement Plan In Virginia?

You can compare rates online, read reviews and learn about the best Medicare Supplement plans in Virginia in force today. However, many seniors still get confused when signing up for a Medicare Supplement plan. You can get started by selecting your state from the drop-down menu on this page to find quotes for all plans available in your area.

If you need more assistance or prefer to apply over the phone, you can call our Medicare Specialists at any time. We will walk you through your options, helping you understand what benefits to expect from each Medigap plan. Our goal is to help you enroll in the best Medicare Supplement plan in Virginia for your medical needs.

When you sign up for a Medicare Supplement plan, you should also talk to your insurance agent about Medicare Part D prescription drug coverage. A Medicare prescription drug plan will not be included with your Supplement, but it can be purchased separately so that you can save on medication-related costs.

Medicare Supplement Plans In Virginia: Enrollment Data

In 2017, there were more than 1.1 million Medicare beneficiaries in Virginia. Let’s take a quick look at the approximate number of beneficiaries represented in five of the state’s largest counties:

  • Fairfax County – 95,000
  • Prince William County – 26,000
  • Loudoun County – 24,000
  • Chesterfield County – 41,000
  • Henrico County – 31,000

Roughly 30 percent of Medicare beneficiaries in this state have enrolled in Medigap coverage. Of those participants, more than 60 percent chose in Medigap Plan F or Medigap Plan C. This trend has continued in recent years, but Medigap Plan G and Medigap Plan N are picking up in popularity. This is due to the greater freedom and flexibility offered by the traditional benefits when combined with a Medicare Supplement plan.

In 2015, the average retirement age in Virginia was 63. In 2016, that age when up to 64. More Virginians are likely choosing to work a year or two longer now that the economy is starting to revive.

You’ll probably have more choices for the best Medicare Supplement plans in Virginia if you live in one of the more populated areas of the commonwealth, such as Richmond. Health plans from top companies like Blue Cross Blue Shield are available all throughout Virginia, however, and we can help you find your Medigap insurance plan options right here on our website.

Related Medicare Supplement Plan Topics in Virginia

Senior Life Insurance Plans is a great resource for Medicare beneficiaries to learn about there options, we also specialize in senior life insurance plans. 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 AetnaCignaMutual 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.

Virginia Medicare Resources

Do you need a bit more information? If you purchase one of the best Medicare Supplement plans in Virginia, there are Medicare resources that can help you get the most out of your benefits. You can check out these websites if you’d like to learn more about the federal Medicare program, Medicare Parts A and B, and your options for Virginia Medigap policies:

  • Virginia Insurance Counseling and Assistance Program – information and money-saving resources regarding Original Medicare and Medigap plans, including free webinars and educational podcasts
  • Virginia Annual Wellness Visits – free annual wellness checkups for all seniors enrolled in Medicare
  • Medicare.gov