Best Medicare Supplement Plans in Virginia
There are ten Medicare Supplement plans in Virginia that work with Original Medicare to cover medical expenses like copayments, coinsurance, and excess charges.
- Of the ten plans offered, Mutual of Omaha's Plan G is the best choice, offering comprehensive benefits for a monthly premium of $110.
- If you're looking for an affordable insurance option that doesn't skimp on quality, Mutual of Omaha's Plan N is a valuable choice for $81 monthly.
- If you're looking for the lowest possible premium, Mutual of Omaha Offers a High Deductible Plan G which has a monthly cost of $147. This plan provides access to the same benefits as Plan G once you meet the annual deductible of $2,700.
Below are some brief highlights of what each plan covers.
Mutual Of Omaha Medicare Supplement Plan G
If you want to take advantage of the most complete coverage available, Mutual of Omaha's Medicare Plan G is your best option. This plan provides comprehensive coverage in one reliable package. Plan G takes care of nearly all your out-of-pocket expenses except for the Part B deductible.
Medicare Plan G offers a variety of benefits including:
- Coverage for Part B excess fees, the Medicare Part A deductible and all coinsurance costs associated with Part B.
- No required referrals.
- Access to any medical provider who accepts Original Medicare.
Monthly Plan Cost: $110
*Quotes for a 65 year old non smoking female, in zip code 20101.
Mutual Of Omaha Medicare Supplement Plan N
If you're looking for a Medigap insurance plan that is both cost-effective and still offers great coverage, then Mutual Of Omaha Medicare Plan N is the perfect option for you. It's more affordable than Plans F and G without skimping on quality.
Plan N provides several advantages including:
- 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: $81
*Quotes for a 65 year old non smoking female, in zip code 20101.
Mutual Of Omaha High-Deductible Plan G
- After you invest the initial deductible of $2,700, your coverage will be equivalent to a traditional Plan G policy - all at a much more economical cost than regular Medicare Supplement Plan G options.
Monthly Plan Cost: $38
*Quotes for a 65 year old non smoking female, in zip code 20101.
Mutual Of Omaha Medicare Supplement Plan F
- If you are a Virginia resident who began Original Medicare coverage prior to 2020, don't miss the chance to reap the advantages of Mutual Of Omaha's Plan F. This plan covers Part A deductibles, Medicare Part B deductibles and all coinsurances.
Monthly Plan Cost: $147
*Quotes for a 65 year old non smoking female, in zip code 20101.
What's the Best Medicare Supplement Company in Virginia?
Based on our review of several key factors, Mutual of Omaha is the best Medicare Supplement company in Virginia.
While Mutual of Omaha Medigap plans tend to be more affordable in Virginia, 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 Virginia, including sample premiums, ratings, and market share:
Cigna
Market share: 5.48%
Plan G cost: $141
Plan N cost: $96
Financial strength: A
Mutual of Omaha
Market share: 15.27%
Plan G cost: $110
Plan N cost: $81
Financial strength: A+
Aetna
Market share: 7.33%
Plan G cost: $124
Plan N cost: $92
Financial strength: A
United Healthcare
Market share: 24.89%
Plan G cost: $114
Plan N cost: $98
Financial strength: A
How Much Does a Medigap Plan Cost in Virginia?
The best price for Medicare Supplement Plan G in Virginia is $110 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
Plan K
Monthly Cost
$147
$110
$81
$38
$86
$49
Plan Popularity in Virginia
60%
45%
25%
15%
8%
-1%
Quotes are for sample purposes only. Prices are the average monthly rate in Virginia 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?
Every Virginia beneficiary has their own six-month Medigap Open Enrollment Period that only occurs one time, and cannot be changed.
It starts the first month that the beneficiary meets the following qualifications:
- Is at least 65 years old.
- Is enrolled in Medicare Part B.
Beneficiaries receive the lowest possible rates during this enrollment period and no Medicare insurance company can deny the beneficiary access to any plan. Medical underwriting is not allowed during the open enrollment period. This means that a beneficiary's current and pre-existing health conditions are not a factor in pricing. All of these benefits are called guaranteed issue rights.
If you apply outside of the Open Enrollment Period, the insurer can use medical underwriting to determine rates for applications received outside the open enrollment period, and you may be charged more or denied coverage. In certain situations, you may have guaranteed issue rights, which can be applied in cases such as losing coverage or having a plan that no more extends services in your area. These unique situations are called Special Enrollment Periods. During these times, you can enroll without being charged more.
If You Are Under 65
You may not be able to purchase a Medicare Supplement insurance policy under age 65. However, several states must sell Medigap to those under 65 with a disability or end-stage renal disease (ESRD).
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
When finding the best Medicare Supplement provider in Utah, Mutual of Omaha is an excellent choice. They have been providing coverage for nearly a century, and their commitment to delivering quality, reliable insurance products has only increased over time.
Premiums for a Medicare Supplement plan can range from $38 - $167 per month or more, depending on factors like gender, age, and type of coverage chosen.
Plan G typically costs individuals around $110 - $141 per month, which may vary depending on the carrier and your specific circumstances.
You can apply for new coverage at any time. However, if you do not qualify for guaranteed issue rights and are outside the Medigap Open Enrollment Period, the insurance company will require medical underwriting. They can charge a higher premium for health history or even deny coverage.
Your guaranteed issue rights ensure your enrollment in the plan of your choice as long as you apply within your open enrollment period or a special enrollment period. If you apply any other time, the insurer can deny coverage.
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).
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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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