Medicare Supplement Plans in Rhode Island
There are ten Medicare Supplement plan options available in Rhode Island. These plans can help fill the gaps in your Original Medicare coverage and cover costs including copayments, coinsurances, and deductibles.
- Of the ten plans offered in 2023, we've found that Mutual of Omaha has the best price for Medicare Supplement Plan G at $128 monthly for the most comprehensive coverage.
- Cigna offers the best price for Medicare Supplement Plan N at $88 monthly, for those that want the best value without compromising coverage.
- The best low cost option is High Deductible Plan G from Mutual of Omaha at $41 monthly. A deductible of $2,700 needs to be met before this plan will cover costs.
Below is a brief overview of the most popular plans combined with the company that provides the best rate.
Mutual of Omaha Medicare Supplement Plan G
Rhode Island beneficiaries can take advantage of the unparalleled coverage available through Mutual of Omaha Medicare Supplement Plan G. It covers many out-of-pocket costs except the deductible for Medicare Part B.
If you choose Mutual of Omaha Plan G, it offers several significant advantages:
- Coverage for Part B excess charges, Medicare Part A deductible, and Part B coinsurance.
- No referrals are required.
- Freedom to see any medical provider willing to accept Original Medicare.
Monthly Plan Cost: $128
*Prices based on 65 year old nonsmoking female in zip code 02860 Rhode Island.
Cigna Medicare Supplement Plan N
If you are searching for a more affordable alternative, Cigna Medicare Plan N could be a great option. This plan is far cheaper than other plans like Part F and G.
Some of the many perks include (but aren't limited to):
- Skilled nursing facilities
- $0 Part A deductible
- Foreign travel emergency healthcare
- Maximum $20 copay for office visits
- Maximum $50 copay for an ER visit (waived if admitted)
Out of Pocket Expenses:
- Must pay Part B deductible
- Must pay Part B excess charges
- Must pay copays for office visits and ER visits
Monthly Plan Cost: $88
*Prices based on 65 year old nonsmoking female in zip code 02860 Rhode Island.
Mutual Of Omaha High-Deductible Medigap Plan G
- If you’re looking for a cost-effective Medicare Supplement Plan G, Mutual of Omaha High-Deductible option is a great choice. Beneficiaries must pay an initial out of pocket deductible of $2,700 before their coverage kicks in; however, once that threshold has been reached they will receive exactly the same benefits as the standard Plan G.
Monthly Plan Cost: $41
*Prices based on 65 year old nonsmoking female in zip code 02860 Rhode Island.
Cigna Medicare Supplement Plan F
- For the utmost coverage, Cigna Medicare Plan F is your best option. It not only covers the Part A deductible and Part B deductible but also all coinsurances.
- In order to qualify as a beneficiary, you must be enrolled in Original Medicare prior to January 1st 2020.
Monthly Plan Cost: $136
*Prices based on 65 year old nonsmoking female in zip code 02860 Rhode Island.
What's the Best Medicare Supplement Company in Rhode Island?
Based on our review of several key factors, Mutual of Omaha is the best Medicare Supplement company in Rhode Island.
While Mutual of Omaha Medigap plans tend to be more affordable in Rhode Island, it's not the only factor when selecting the best Medicare Supplement company. For example, depending on your plan letter of choice, one provider might offer Plan N at a lower cost but may be pricier for Plan G; every insurer has its own set of advantages and drawbacks depending on their levels of coverage.
For this reason, Mutual of Omaha remains our top selection during the review process due to its affordability, expansive range of plan choices, household premium discounts, and high customer satisfaction rates.
This chart compares different Medicare Supplement companies to Mutual of Omaha that are also available in Rhode Island, including sample premiums, ratings, and market share:
Cigna
Market share: 0.27%
Plan G cost: $137
Plan N cost: $88
Financial strength: A
Mutual of Omaha
Market share: 1.04%
Plan G cost: $128
Plan N cost: $97
Financial strength: A+
Aetna
Market share: 0.94%
Plan G cost: $147
Plan N cost: $100
Financial strength: A
For illustrative purposes only: The premiums listed are for a 65-year-old female, non-smoker from a local zip code. Many insurance companies offer household discounts - eligibility for premium discounts can be determined when enrolling in a plan. The AM Best rating determines the financial rating of each carrier. No warranties or guarantees of any kind have been expressed.
How Much Does a Medigap Plan Cost in Rhode Island?
The best price for Medicare Supplement Plan G in Rhode Island is $128 per month with Mutual of Omaha.
Your age and plan choice will have the most significant impact on your premium.
Here you can see how the prices compare for several different plans:
Medigap Plan
Plan F
Plan G
Plan N
High Deductible G
Plan A
Monthly Cost
$136
$128
$88
$41
$125
Plan Popularity in Rhode Island
60%
45%
25%
15%
8%
Quotes are for sample purposes only. Prices are the average monthly rate in Rhode Island for a 65-year-old female nonsmoker. Part B start date and or medical underwriting may affect your rate.
When Can I Apply for a Medicare Supplement Plan?
Your best opportunity to apply for a Rhode Island Medicare Supplement Plan will be during your Medigap Open Enrollment Period (OEP). This period begins the month that you are both 65 years old and enrolled in Medicare Part B. The OEP lasts for six months, and cannot be repeated or changed.
You can enroll in the Medigap plan of your choice during this time, regardless of your current medical condition. You cannot be turned down by an insurer or charged more because of pre-existing conditions. In addition, you can change from one Medigap plan to another during this time. All of these benefits are called guaranteed issue rights.
Certain other circumstances can grant beneficiaries guaranteed issue rights to enroll in Medigap at times outside of the OEP regardless of health condition. These are called Special Enrollment Periods.
Special Enrollment Periods can happen when:
- Retiring from employer-based group coverage.
- Losing a Medicare Advantage Plan.
- Moving to a location outside your service area.
- Moving to a place that has more plans to choose from.
If you are under 65: You may not have eligibility. In certain states, Medigap policies have to be sold to those under 65 with a qualifying disability or ESRD (end-stage renal disease), but they will generally cost you more.
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 some of the nation's top-rated Medigap carriers. So 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.
FAQ
Cigna and Mutual of Omaha are two of the top contenders. Both companies offer plans that help cover out-of-pocket costs associated with Medicare, such as deductibles, coinsurance, and copayments.
Medicare Supplement plans in Rhode Island can range from $88 to $347 per month for most types of coverage.
The cost of a Medigap Plan G in Rhode Island ranges from $128 to $147 per month. However, this price can vary depending on the company offering the plan and other factors, such as age and location.
You can change at any time, but if you do not have a guaranteed issue circumstance or are outside of your Medigap Open Enrollment Period, in that case, you can be denied coverage if your health conditions cannot pass the underwriting process.
If you do not have a guaranteed issue circumstance or are outside of your Medigap Open Enrollment Period, in that case, you can be denied coverage if your health conditions cannot pass the underwriting process.
For over 15 years, Matt Kiggins has been the senior editor at Simple Advisor, giving detailed advice on Medicare, life insurance, and dental coverage to thousands of clients in more than forty states. His demonstrated expertise in assisting people with their health plan selection is remarkable — it’s evident that he stands out among competitors as the go-to source for knowledge and support.
Matt holds a resident 2–15 Florida Health & Life (Including Annuities & Variable Contracts) Agent License in Florida, his state license number is P116762 (Issued 10/1/2007).
Article Resources:
Please note that the average quotes provided are for demonstration purposes only. Your actual premiums will be determined based on several factors such as your health conditions, age, location, tobacco status, gender, and insurance provider.
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