Medicare Supplement Insurance (also called Medigap) helps senior and disabled South Dakota residents pay for certain Medicare copayments, 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.
SD Medicare Enrollment Quick Facts:
|
Popularity Ranking |
Plan |
Total Enrollees |
|
1 |
F |
39,433 |
|
2 |
G |
30,542 |
|
3 |
N |
2,257 |
*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 selling Medigap in South Dakota must make their entire plan lineup available to beneficiaries under 65 and rates may not exceed those charged to a 75-year-old.
To learn more about Medicare Supplement Insurance, read through our guides below.
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