Medicare Supplement Insurance in Oregon

Medicare Supplement Insurance (also called Medigap) helps senior and disabled Oregon  residents pay for certain Medicare co-payments, deductibles, and other costs. 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.

Important: Plan F and Plan C are not available to Medicare beneficiaries who become eligible for Medicare on or after January 1, 2020.

OR Medigap Enrollment Statistics  

The chart below shows which plans were most popular in Oregon in 2017, according to AHIP.

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 Oregon are attained-age 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 Oregon must offer at least one Medigap plan to under-65 Medicare beneficiaries. Medigap insurers in Oregon are not allowed to charge under-65 policyholders different premiums from their 65-year-old policyholders.