MA Medicare Enrollment Quick Facts:
Medicare Supplement Insurance (also called Medigap) helps senior and disabled Maine 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.
The chart below shows the most popular Medicare Supplement plans in Maine.1
|
Popularity Ranking |
Plan |
Total Enrollees |
|
1 |
F |
30,325 |
|
2 |
G |
13,824 |
|
3 |
N |
8,086 |
*Plans no longer available for purchase, including Plans E, H, I, and J.**Pre-standardized plans are policies sold before July 1992.
Medigap pricing methods are important because they dictate how your premiums may increase in future years. There are 3 different pricing methods:
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.
Insurance companies in Maine must offer all of their Medigap policies to those under 65 and may not charge a higher rate based on age.
To learn more about Medicare Supplement Insurance, read through the guides below.
Or call now to speak with a licensed insurance agent:
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