Medicare Supplements Available in Rhode Island RI Medigap Plans
On this page we help consumers: Compare 2020 Medigap Plans available in Rhode Island. See premiums and reviews, including Plan F, G, and N. Find the best Medicare Supplements in RI at the lowest cost available.
Rhode Island Medicare Supplement Plans: What's the Difference?
Most Medicare experts agree: Original Medicare, combined with a Medicare Supplement, offers the best health coverage Rhode Island seniors can get. But, which Medigap plan is the right one for you?
This is a complicated question. After all we're all different and have different needs. For most of us it boils down to what we can afford and our health. Although there are 10 standardized plans, most seniors choose one of three plans: F, G and N. Keep reading and we'll explain why.
| Insurance Carrier | Plan F | Plan G | Plan N | Rating | |
|---|---|---|---|---|---|
| AARP | $127.80 | $108.03 | $84.43 |  |
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| American Retirement Life | $170.72 | $141.94 | $108.04 |  |
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| Americo Life | $164.69 | $136.33 | $106.74 |  |
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| Colonial Penn | $211.47 | $156.42 | $99.96 |  |
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| Continental Life | $164.35 | $136.86 | $104.79 | |
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| Globe Life | $136.50 | $120.50 | $101.50 | |
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| GPM Health and Life | $187.80 | $146.92 | $129.58 | |
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| Humana | $160.17 | N/A | N/A | |
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| Loyal Christian | $154.36 | $136.34 | $93.72 | |
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| Mutual of Omaha | $170.31 | $117.76 | $89.04 | |
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| National Guardian Life | $168.99 | $129.06 | $106.86 | |
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| Renaissance Life | $158.60 | $141.26 | $107.97 | |
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| Standard Life | $231.39 | $213.51 | $162.85 | |
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| Transamerica | $167.58 | $129.69 | $97.70 | |
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| United American | $196.00 | $178.00 | $138.00 | |
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| USAA Life | $147.39 | N/A | $111.69 | |
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Compare Plan RatesThe average Rhode Island senior compares three or more quotes before making an enrollment decision. |
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Top 10 Medicare Supplement Plans in Rhode Island
Looking for the best Plan F, G or N available to Rhode Island seniors?
- 10 Best Medicare Supplement Plan F
- 10 Best Medicare Supplement Plan G
- 10 Best Medicare Supplement Plan N
10 Best Medigap Plan F Policies in Rhode Island
Medicare Supplement Plan F is the most popular Medigap plan available in Rhode Island. Here are the 10 best Plan F policies available in Rhode Island based on our reviews (click for details):
| Carrier | Premium[3] | Fee | Review[4] |
|---|---|---|---|
| AARP | $127.80 | None | |
| Globe Life | $136.50 | None | |
| United American | $196.00 | None | |
| USAA Life | $147.39 | None | |
| Mutual of Omaha | $170.31 | None | |
| Colonial Penn | $211.47 | None | |
| Standard Life | $231.39 | None | |
| Renaissance Life | $158.60 | $25.00 | |
| Humana | $160.17 | None | |
| Continental Life | $164.35 | $20.00 | |
10 Best Medigap Plan G Policies in Rhode Island
Medicare Supplement Plan G is rapidly gaining popularity among Rhode Island seniors. With Plan F going away in 2020, it is expected to be the new gold standard. Here are the 10 best Medigap Plan G policies available in Rhode Island based on our reviews (click for details):
| Carrier | Premium[3] | Fee | Review[4] |
|---|---|---|---|
| AARP | $108.03 | None | |
| Globe Life | $120.50 | None | |
| United American | $178.00 | None | |
| Mutual of Omaha | $117.76 | None | |
| Colonial Penn | $156.42 | None | |
| Standard Life | $213.51 | None | |
| National Guardian Life | $129.06 | $25.00 | |
| Transamerica | $129.69 | $25.00 | |
| Americo Life | $136.33 | None | |
| Continental Life | $136.86 | $20.00 | |
| NOTE: Medigap Plan G is identical to Plan F, with one exception. A Plan G policy does not pay your Medicare Part B annual deductible. In many cases the annual cost of Plan G makes it a better deal. | |||
10 Best Medigap Plan N Policies in Rhode Island
Medicare Supplement Plan N is similar to Plan D, but covers Medicare Part B coinsurance costs differently. Due to its lower cost and good coverage, it's catching the attention of many Rhode Island seniors. Here are the 10 best Medigap Plan N policies available in Rhode Island based on our reviews (click for details):
| Carrier | Premium[3] | Fee | Review[4] |
|---|---|---|---|
| AARP | $84.43 | None | |
| Globe Life | $101.50 | None | |
| United American | $138.00 | None | |
| Mutual of Omaha | $89.04 | None | |
| Colonial Penn | $99.96 | None | |
| USAA Life | $111.69 | None | |
| Standard Life | $162.85 | None | |
| Transamerica | $97.70 | $25.00 | |
| Continental Life | $104.79 | $20.00 | |
| Americo Life | $106.74 | None | |
| NOTE: With Medigap Plan N, 100% of your Part B coinsurance is covered, except up to a $20 copayment for office visits and up to $50 for emergency room visits. | |||
Medigap Plan Reviews
We review all major Medicare Supplement insurance carriers servicing Medigap policies in Rhode Island. Our reviews are unbiased. We use a balanced formula that looks at years in business, A.M. Best financial strength rating, plans serviced, plan premiums and fees. Our current formula does not take rate increase history into account.
Our review of Medicare Supplement Plans in Rhode Island are based on a statewide analysis, not nationwide. We recommend consumers use our 5-star ratings as one aspect of their decision making process. It helps compare insurance carriers at-a-glance.
Medicare Supplement Rates (Premiums)
We list monthly premiums for all Medigap plans offered by Medicare Supplement carriers in Rhode Island. Rates are samples based on a 65 year old, non-smoking woman and include applicable household discounts. Use our rates for comparison purposes only. Your actual rate will be based on where you live, your age, sex and use of tobacco products.
Medigap Plans are Standardized Medicare Supplements
All Medicare Supplement insurance carriers in Rhode Island are required to follow both federal and state laws designed to protect you. All Medigap plans must be clearly identified as Medicare Supplement Insurance. Insurance companies must offer the standardized Medicare Plans identified by letters A through N.
NOTE: Medigap, Medicare Supplements and Medicare Plans are all names used interchangeably for supplemental insurance that fill the gaps in Original Medicare coverage.
Each of the lettered Medicare supplement insurance plans offer the core coverage provided by Plan A. Plans B through N have a varying range of additional coverage. This way you can choose an appropriate policy based on the amount of insurance you need.
Insurance companies are free to choose the policies they offer, although Rhode Island state laws might affect which ones they can offer. Carriers offering Medicare Plans:
- Don't have to offer every Medigap plan
- Must offer Medigap Plan A if they offer any Medigap policy
- Must also offer Plan C or Plan F if they offer any plan
For more information, visit the Rhode Island Department of Insurance website at http://www.dbr.state.ri.us/.
Why is Medicare Supplement Plan F Favored in Rhode Island?
Medicare Plan F costs more than all other Medigap plans, yet it is the most popular among Rhode Island seniors. In fact, more than 50% of people with supplemental coverage buy Plan F. The top reason is that it covers all gaps in Original Medicare, offering peace-of-mind and convenience.
IMPORTANT: If you need protection from high medical bills, you must buy a Medicare Supplement Plan F policy before January 1, 2020. Congress voted and supplement insurance carriers will not be able to offer these polices after December 31, 2019.
RELATED: Medicare Plan F: What Does this Medicare Supplement Offer?
What About the AARP Medicare Supplement: Is it the Best Rhode Island Medigap Plan?
Best is a relative term. To be sure, AARP sell more Medicare Supplements than any other insurance carrier. That said, AARP Medigap Plans, underwritten by United Healthcare, have the same benefits and features as all other standardized supplements. The real difference is the monthly premium, how often rates increase, and the financial stability of the insurance carrier.
In our experience, AARP Medicare Supplement premiums are frequently more than competing carrier in the same area. However, in many areas UHC has a competitive advantage with their Medicare SELECT plans. Ask your agent about Medicare SELECT options in your area.
AARP sells a range of Medicare supplements, however, Plan F, Plan G and Plan N are the most popular. You can quickly see the coverage differences between these plans using the comparison chart below.
Medicare Supplement Plan Comparison Chart
The following Medicare Supplement Plan Comparison Chart offers a quick look at the benefits provided by each Medigap policies.
| Medigap Benefits | A | B | C | D | F* | G | K | L | M | N |
|---|---|---|---|---|---|---|---|---|---|---|
| Medicare Part A Coinsurance and hospital costs up to an additional 365 days after Medicare benefifits are used up | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Medicare Part B Coinsurance or Copayment | Yes | Yes | Yes | Yes | Yes | Yes | 50% | 75% | Yes | Yes** |
| Blood (First 3 Pints) | Yes | Yes | Yes | Yes | Yes | Yes | 50% | 75% | Yes | Yes |
| Part A Hospice Care Coinsurance or Copayment | Yes | Yes | Yes | Yes | Yes | Yes | 50% | 75% | Yes | Yes |
| Skilled Nursing Facility Care Coinsurance | No | No | Yes | Yes | Yes | Yes | 50% | 75% | Yes | Yes |
| Medicare Part A Deductible | No | Yes | Yes | Yes | Yes | Yes | 50% | 75% | 50% | Yes |
| Medicare Part B Deductible | No | No | Yes | No | Yes | No | No | No | No | No |
| Medicare Part B Excess Charges | No | No | No | No | Yes | Yes | No | No | No | No |
| Foreign Travel Emergency (Up to Plan Limits) | No | No | Yes | Yes | Yes | Yes | No | No | Yes | Yes |
| Out-of-Pocket Limit*** | None | None | None | None | None | None | $5,240 | $2,620 | None | None |
* Medicare Plan F also offers a high-deductible plan. If you choose this option, this means you must pay for Medicare-covered costs up to the deductible amount of $2,240 before your Medigap plan pays anything.
** Medicare Plan N pays 100% of the Part B coinsurance, except for a copayment of up to $20 for some office visits and up to $50 copayment for emergency room visits that don't result in an inpatient admission.
*** After you meet your out-of-pocket yearly limit and your yearly Part B deductible, the Medigap plan pays 100% of covered services for the rest of the calendar year.
Medigap vs Medicare Advantage
Still wondering if a Medigap plan is right for you? Considering Medicare Advantage as an alternative? For many seniors it's a difficult decision. Here's our advice.
First, understand the difference between Medigap and Medicare Advantage plans available in Rhode Island. Medicare Supplement insurance fills gaps in your Original Medicare benefits. Medicare Advantage replaces your Original Medicare benefits with managed care.
Second, if you want the most choices and flexibility, Original Medicare combined with a Medigap plan and a Rhode Island Medicare Part D plan is the way to go.
RELATED: Medicare Advantage vs. Medigap: Which Is Best?
Need Local Help?
The State Health Insurance Assistance Programs (SHIPs) provide free, one-on-one insurance counseling and assistance to Medicare beneficiaries, their families and caregivers. The Rhode Island SHIP is a grant-funded project of the federal U.S. Department of Health and Human Services (HHS). You can reach them by phone or on their website:
- (401) 462-0510
- http://www.dea.state.ri.us/insurance/
Additional Foot Notes
[3] Sample premium is for a 65 year old, non smoking, woman living in Rhode Island. The rate was accurate on date of publication. Rates change frequently and they are priced by county. You must contact a licensed agent to get a current rate for your situation.
[4] Review rating stars are derived from MedicareWire reviews on our Medigap Plan pages.
The Medicare Supplement information on this page originates from CMS Data Files, is maintained by David Bynon, and was last updated on .