Nevada's Best Medicare Supplement Plans & Companies
Nevada residents on Original Medicare can supplement their Part A and Part B coverage with Medicare Supplement Insurance (Medigap plans). There are ten different plan options available in Nevada. Each plan pays different out-of-pocket costs.
This article breaks down the best Medigap plans and insurance companies in Nevada for 2024.
Table of Contents
What You Need to Know
- Private insurance companies offer Medicare Supplement Plans in Nevada, not the government.
- Medicare Supplements are available in 10 different plan options, labeled A through N. Each plan offers a different level of Medicare coverage.
- Medicare Supplements are available to Nevada residents at age 65.
- All plans offer coverage for Medicare Part A coinsurance and hospital costs, Medicare Part B copayments or coinsurance, and the first three pints of blood.
- Most plans cover the Medicare Part A deductible and Skilled Nursing Facility coinsurance.
- Medicare Supplements do not cover long-term care, vision, dental, hearing aids, or private-duty nursing.
- Average costs for a 65-year-old vary widely based on gender, tobacco use, where you live in Nevada, and the coverage you choose.
- Medicare Supplements are not health insurance. They are indemnity insurance and have their own rules.
The 5 Best Medicare Supplement Plans Sold in Nevada
There are ten distinct Medigap plans, A through N, all of which adhere to federal Medicare program standards.
For the 2024 plan year in Nevada, the top-rated plans are Medicare Supplement Plan F, Plan C, Plan D, Plan G, and Plan N. These plans are considered the best because they provide the most comprehensive coverage.
However, the key question is, which one of these plans is the most suitable choice for you?
RELATED: What is the Difference Between Medicare Plan G and Plan N?
An effective way to gain insights into each of these ten plans is to refer to a Medicare Supplement Plan chart. This chart shows how each plan covers expenses such as Medicare Part A and Medicare Part B deductibles, coinsurance, and copayments.
NOTE: Medicare Part A and Medigap Plan A can be confusing, as are Medicare Part D and Medigap Plan D. Medicare benefits come in “parts,” whereas insurance companies sell “plans.”
Comparing Medicare Supplement Plans in Nevada
Everyone on Medicare has different needs. Your age, gender, Nevada zip code, use of medical services, providers, emergency care, supplies, and durable medical equipment are all factors you need to consider.
That's because all of these things play a role in your plan options. Carefully consider your need for outpatient care and inpatient care.
When Best = Most Coverage Available in Nevada
Most Medicare experts agree Plan G is the optimal choice for Nevada beneficiaries enrolling in Medicare with one or more chronic health conditions. It provides the highest level of coverage available for those who become eligible for Medicare on or after January 1, 2020.
IMPORTANT: While offering more extensive coverage than Medicare Supplement Plan G, Plan F comes with a notably higher cost and is exclusively available to those who qualified for Medicare before 2020.
- Get Plan F and Plan G Quotes in Your Zip Code
- See All Companies Offering Plan F in Nevada
- See All Companies Offering Plan G in Nevada
When Best = Good Coverage & Monthly Savings
If you're enrolling in Medicare and find yourself in excellent health or in need of solid coverage but are concerned about the cost of Plan G, consider Medicare Supplement Plan N as a viable option. Plan N provides comprehensive coverage everywhere in Nevada for inpatient hospital stays and most medical expenses.
Plan N is a suitable choice for healthy individuals due to its cost-sharing feature. In exchange for lower monthly premiums, beneficiaries in this plan are responsible for a modest copayment for doctor's office visits (up to $20) or emergency room visits (up to $50).
When Best = Most Affordable Coverage in Nevada
Comprehensive coverage isn't always necessary or affordable for everyone in Nevada. If you're concerned about your monthly premium expenses, consider seeking advice from your insurance agent regarding Medicare Supplement Plan K and the High Deductible Plan G (HDG).
ALSO SEE: High Deductible Plan G: Is It Right For You?
These two options are the most cost-effective plans available, and they are favored by many informed seniors in Nevada over choosing a Medicare Advantage plan.
Does Nevada have Plan A, B, C, D, L and M?
In Nevada, Medicare Supplement Plan A is the most basic coverage option available. Interestingly, in many areas, its cost surpasses that of Plan N. Would you pay more to get less coverage?
While Medicare Supplement Plan C and Plan D offer coverage similar to Plan G, they come with a higher price tag. Furthermore, akin to Plan F, Plan C is exclusively available to Nevada beneficiaries who enrolled in Medicare prior to 2020.
It's important to note that only a handful of insurance companies in Nevada offer Plan L or Plan M. They rarely pan out as a good option.
Mutual of Omaha, United Healthcare, Humana, Cigna, Blue Cross Blue Shield... What's the Difference?
Every Medigap insurance company in Nevada must follow federal and state insurance laws. Carriers must offer the standardized Medicare plans identified by letters A through N.
For instance, a Plan F from Aetna Medicare has the same out-of-pocket cost coverage and benefits as a Plan F policy from Mutual of Omaha, United Healthcare, Humana, Cigna, or Blue Cross Blue Shield. This is why Medigap plans are easier to compare than Medicare Advantage plans.
The big difference is the company standing behind the plan and how the company rates their plan for future premium increases. It's important to get a company's Medigap rate increase history before making a decision.
In some cases Nevada state laws affect enrollment rules and how carriers can rate their plans. For more information, visit the Nevada Department of Insurance website at http://www.doi.nv.gov/.
Medicare Supplement Plan F Companies in Nevada
Medicare Supplement Plan F (Medigap Plan F) is Nevada’s most popular Medigap plan. Here are the 10 best companies that offer Plan F policies in Nevada based on our reviews (click for details):
Required Benefits of Plan F in Nevada
Medigap Plan F is standardized like all Medicare Supplement Plans in Nevada. Insurance carriers are required to cover certain benefits. Plan F is the most comprehensive plan because it covers all gaps in Original Medicare.
Although Original Medicare does not cover foreign travel medical emergencies, Plan F does (up to 89%). In addition to this extra benefit, companies may offer limited additional features. One example is Physician Mutual’s Preventive Care and Hearing Loss Testing benefits.
Medicare Supplement Plan G Companies in Nevada
Medicare Supplement Plan G (Medigap Plan G) is rapidly gaining popularity with Nevada seniors. With Plan F no longer available to new Medicare beneficiaries, Plan G is the new gold standard. Here are the 10 best insurance companies that offer Medigap Plan G policies in Nevada based on our reviews (click for details):
Required Benefits of Plan G in Nevada
All Medigap plans in Nevada, including Medigap Plan G, are standardized. Insurance companies must provide the standard coverage. Plan G covers all gaps in Original Medicare except the Part B deductible. And it only covers 80% of foreign travel medical emergencies that fall within your policy’s limits.
Companies may offer additional features like UnitedHealthcare’s fitness program, Renew Active, or the Silver Sneakers fitness program.
Medicare Supplement Plan N Companies in Nevada
Medicare Supplement Plan N is similar to Plan D (not to be confused with Medicare Part D) but covers Medicare Part B coinsurance costs differently. Due to its lower cost and good coverage, it's catching the attention of many Arizona seniors. Here are the 10 best insurance companies that offer Medigap Plan N policies in Nevada based on our reviews (click for details):
Required Benefits of Plan N in Nevada
All Medicare Supplement Plans in Nevada are standardized, including Medigap Plan N. Like Plan G, Plan N does not cover the Part B deductible. It also does not cover Part B excess charges. But it does cover 80% of foreign travel medical emergencies up to the policy’s limits.
Medicare limits the types of extra benefits companies can offer. One excellent additional benefit is UnitedHealthcare’s NurseLine, which lets you talk to an experienced nurse, day or night.
Medcare Eligibility for Medigap Plans
You can apply for Medigap coverage in Nevada during your Medigap Open Enrollment Period (OEP). Your OEP is a six-month period that begins when you enroll in Medicare Part B. Your Medicare eligibility date will determine which plan types are available to you.
Federal law grants you guaranteed issue rights during your Medigap Open Enrollment Period. You can get a Medicare Supplement Plan during this period, regardless of your health history and chronic health conditions. You cannot be turned down, and you can go with the company of your choice, so long as they sell policies in Nevada.
Nevada Medigap plan enrollees require the assistance of a licensed insurance agent. If you don't have an insurance agent, we recommend HealthCompare, an Allstate company. Call them at 1-855-728-0510 (TTY 711). They work with all of the top Nevada insurance companies. There's no obligation.
Is a Medicare Supplement Insurance Plan Right for You?
Why You Should Consider a Medicare Supplement Insurance Plan:
- You expect the need for frequent healthcare services now and/or in the future and want to limit your deductibles and co-pays.
- You can afford the monthly premiums of Medicare Supplement Insurance and don't qualify for Medicaid.
- You want the freedom to choose your doctors and other Medicare providers without network restrictions.
- You need nationwide coverage and/or travel abroad.
- You are in your Initial Enrollment Period and have guaranteed issue rights to join a Medigap plan regardless of your health condition.
- You don’t want a Medicare Advantage plan and the hassle of referrals and pre-authorization to receive healthcare services.
Explore Alternatives to a Medicare Supplement When:
- You don’t expect the need for frequent healthcare now or in the future.
- You missed your Medigap open enrollment period and cannot pass medical underwriting to get the Medigap policy you want.
- You want a Medicare Advantage plan with low or no monthly premiums.
- You have Medicaid, TRICARE, VA, retiree benefits, or other coverage options that will pay for most of your Medicare out-of-pocket expenses.
- You prefer an HMO or PPO plan with a Part D prescription drug plan, Silver Sneakers, and routine dental, vision, and hearing care.
- You can adhere to the rules and restrictions of a Medicare Advantage plan.
Alternatives to Nevada Medicare Supplement Plans
If you have decided that a Nevada Medicare Supplement Plan is not right for you, or that none of the 10 plan types works with your budget, there are several options:
- Stick with Original Medicare, add a Medicare Part D plan for prescription drug coverage, and pay all Part A and Part B deductibles, coinsurance, and copays costs out-of-pocket. NOTE: This is very risky, no matter how healthy you are.
- If you qualify for both Medicare and Medicaid, or have a serious health condition, enroll in a Medicare Advantage Special Needs Plan.
- If you have VA health benefits, get all of your healthcare from your nearest VA hospital. When you do, the VA will bill Medicare and pay the remainder.
- Enroll in a Medicare Advantage Plan with a low maximum out-of-pocket (MOOP) limit and reasonable copayments.
It's important to carefully weigh your options and consider your unique healthcare needs when deciding on the right path for your Medicare coverage. Each choice comes with its own advantages and considerations. If you require further guidance or have questions about the options available to you in Nevada, don't hesitate to reach out to our preferred agency, HealthCompare, at 1-855-728-0510 (TTY 711).
Next Steps
The next step is to get a FREE Medigap Rate Comparison Report. It will arm you with all of the information you need to make an informed decision.
Get Your Free Medicare Supplement Rate Comparison
MedicareWire is a Medicare consulting agency. We are not insurance agents. Our job is to help people navigate Medicare without marketing interference.
Our free report will show you rates from all carriers without a sales pitch. No Calls. No Email Spam. No Kidding!
If you would prefer to speak with an agent, our preferred, nationwide agency is HealthCompare, an Allstate company. Give them a call at 1-855-728-0510 (TTY 711).
Citations & References
- Costs of Medigap policies, Medicare.gov, Last Accessed October 4, 2023
- What's Medicare Supplement Insurance (Medigap)?, Medicare.gov, Last Accessed October 4, 2023
- Find a Medigap policy that works for you, Medicare.gov, Last Accessed October 4, 2023
- How to compare Medigap policies, Medicare.gov, Last Accessed October 4, 2023
- How Original Medicare works, Medicare.gov, Last Accessed October 4, 2023
- Your Medicare coverage choices, Medicare.gov, Last Accessed October 4, 2023