Facts About Medicare Supplement Plans in Connecticut:
- Over 466,000 Connecticut residents were enrolled in Medicare Part A and/or Part B in 2017, according to data from the Centers for Medicare and Medicaid Services (CMS)
- 151,267 Connecticut residents had a Medigap policy in 2015, according to data from America’s Health Insurance Plans (AHIP)
- Plan F is the most popular Medigap plan in Connecticut, with 119,380 enrollees in 2015, according to AHIP
Medicare Supplement Insurance (also called Medigap) helps senior and disabled Connecticut residents pay for certain Medicare co-payments, deductibles, and other costs. Currently, insurance companies can offer state residents up to 10 standardized Medigap plan options: Plans A, B, C, D, F, G, K, L, M, and N.
CT Medigap Enrollment Statistics
According to AHIP, 32.9 percent of Medicare beneficiaries in Connecticut were also enrolled in a Medigap plan in 2015. Certain Connecticut Medicare Supplement plans are more popular than others.
The chart below shows which plans were most popular in Connecticut in 2015, according to AHIP.
|
Popularity Ranking |
Plan |
Total Enrolled in 2015 |
|
1 |
F |
72,090 |
|
2 |
N |
16,130 |
|
3 |
C |
8,949 |
|
4 |
B |
2,945 |
|
5 |
A |
3,382 |
|
6 |
G |
2,444 |
|
7 |
D |
1,742 |
|
8 |
K |
1,397 |
|
9 |
L |
814 |
|
10 |
M |
0 |
|
Old plans* |
23,730 |
|
|
Pre-standardized** |
18,723 |
*Plans no longer available for purchase, including Plans E, H, I, and J.**Pre-standardized plans are policies sold before July 1992.
Medicare Supplement Insurance Pricing Methods
Medigap pricing methods are important because they dictate how your premiums may increase in future years. There are 3 different pricing methods:
- Attained-age rated: The premium increases as you age
- Issue-age rated: The premium is based on your age when you buy and it may increase due to inflation and other factors, but not due to your age
- Community rated: The same premium is charged to all Medigap policyholders
The majority of Medigap policies issued in Connecticut are community rated, according to the Kaiser Family Foundation (KFF).
Under-65 Enrollment Rules
Although Medicare Supplement insurance is primarily for senior citizens, it’s also available to disabled people and those with end-stage renal disease (ESRD) in some states. Each state’s insurance department dictates the rules governing Medicare beneficiaries under the age of 65.
According to the KFF, insurance companies selling Medigap plans in Connecticut have to offer at least one Medigap plan to under-65 Medicare beneficiaries. Medigap insurers in Connecticut are not allowed to charge under-65 policyholders different premiums from their senior policyholders.
Learn More
To learn more about Medigap, read through some of our other guides below.