If you're a resident of Wyoming currently enrolled in Original Medicare, you have the option to bolster your Part A and Part B coverage with Medicare Supplement Insurance (Medigap plans). In Wyoming, there are ten distinct plan options, each designed to cover various out-of-pocket expenses.
In this article, we delve into the top Wyoming Medigap plans and insurance companies for plan year 2024.
Table of Contents
What You Need to Know
- Private insurance companies offer Medicare Supplement Plans in Wyoming, 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 Wyoming 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 Wyoming, 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 Wyoming
There are ten distinct Medigap plans, A through N, all of which adhere to federal Medicare program standards.
For the 2024 plan year in Wyoming, 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?
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.”
How to Choose the Best Medicare Supplement Plan in Wyoming
Everyone on Medicare has different needs. Your age, gender, Wyoming 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 Comprehensive Coverage in Wyoming
Most Medicare experts agree Plan G is the optimal choice for Wyoming 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 Wyoming
- See All Companies Offering Plan G in Wyoming
When Best = Robust Coverage & Monthly Budget Benefits
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 Wyoming 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 = Cheapest Plan Available in Wyoming
Comprehensive coverage isn't always necessary or affordable for everyone in Wyoming. 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).
These two options are the most cost-effective plans available, and they are favored by many informed seniors in Wyoming over choosing a Medicare Advantage plan.
Are Plan A, B, C, D, L, and M Offered in Wyoming?
Medicare Supplement Plan A represents the most fundamental coverage available. Surprisingly, in many areas of Wyoming, its cost exceeds that of Plan N. Why pay more for less?
Medicare Supplement Plan C and Plan D provide coverage similar to Plan G but come at a higher cost. Additionally, similar to Plan F, Plan C is exclusively accessible to Wyoming beneficiaries who enrolled in Medicare prior to 2020.
It's worth noting that only a select few insurance companies in Wyoming offer Plan L or Plan M.
Mutual of Omaha, United Healthcare, Humana, Cigna, Blue Cross Blue Shield... What's the Difference?
Every Medicare Supplement Insurance provider operating in Wyoming is bound by federal and state insurance regulations. They are required to offer the standardized Medigap plans identified by letters A through N.
For example, a Plan F policy from Aetna Medicare covers the same out-of-pocket costs as a Plan F policy from Mutual of Omaha, United Healthcare, Humana, Cigna, or Blue Cross Blue Shield. This standardization simplifies the comparison of Medigap plans, setting them apart from the variability often found in Medicare Advantage plans.
The crucial difference is the financial strength and quality of the carrier and how they rate their plan for annual premium increases. It's critical to do your research and get the rate increase history on the company you're considering.
Wyoming state laws may influence the plans offers, rating methods available, and enrollment qualification. Visit the Wyoming Department of Insurance website at http://doi.wyo.gov/ for more information.
Medicare Supplement Plan F Companies in Wyoming
Medicare Supplement Plan F (Medigap Plan F) is Wyoming’s most popular Medigap plan. Here are the 10 best companies that offer Plan F policies in Wyoming based on our reviews (click for details):
Required Benefits of Plan F in Wyoming
Medigap Plan F is standardized like all Medicare Supplement Plans in Wyoming. 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 Wyoming
Medicare Supplement Plan G (Medigap Plan G) is rapidly gaining popularity with Wyoming 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 Wyoming based on our reviews (click for details):
Required Benefits of Plan G in Wyoming
All Medigap plans in Wyoming, 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 Wyoming
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 Wyoming based on our reviews (click for details):
Required Benefits of Plan N in Wyoming
All Medicare Supplement Plans in Wyoming 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.
Medicare Eligibility and Your Medigap Open Enrollment Period
You can apply for Medigap coverage during your Medigap Open Enrollment Period (OEP). This six-month window starts when you enroll in Medicare Part B. Wyoming may have additional rules after your OEP ends.
Medicare eligibility rules grant you Medigap protections during your Medigap Open Enrollment Period. This means that, regardless of your health history or any chronic conditions, you can secure a Medicare Supplement Plan during this period from any insurance company that offers Medigap in Wyoming.
Enrolling in a Medigap plan in Wyoming typically involves consulting with a licensed insurance agent. If you don't already have one, we recommend reaching out to HealthCompare, an Allstate company, at 1-855-728-0510 (TTY 711). They have licensed agents nationwide, and there's no obligation.
Is a Medicare Supplement Right for You?
When a Medicare Supplement Insurance Plan May Be a Good Fit:
- You anticipate needing frequent healthcare services now or in the future and prefer to limit your deductibles and co-pays.
- You have the financial means to comfortably afford the monthly premiums associated with Medicare Supplement Insurance and do not qualify for Medicaid.
- You value the freedom to choose your healthcare providers and doctors without the constraints of network restrictions.
- You require nationwide coverage and/or plan to travel abroad.
- You are in your Initial Enrollment Period, granting you guaranteed issue rights to enroll in a Medigap plan, regardless of your current health condition.
- You want to avoid the constraints, referrals, and pre-authorization requirements associated with Medicare Advantage plans.
When You May Want to Consider Alternatives to a Medicare Supplement:
- You do not anticipate the need for frequent healthcare services now or in the future.
- You missed your Medigap open enrollment period and cannot pass medical underwriting to obtain your preferred Medigap policy.
- You prefer a Medicare Advantage plan with low or no monthly premiums.
- You already have Medicaid, TRICARE, VA benefits, retiree benefits, or other coverage options that cover most of your Medicare out-of-pocket expenses.
- You are interested in an HMO or PPO plan with a Part D prescription drug plan, Silver Sneakers, and routine dental, vision, and hearing care.
- You are comfortable adhering to the rules and limitations of a Medicare Advantage plan.
Alternatives to Wyoming Medicare Supplement Plans
If you have decided that a Wyoming 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 Wyoming, don't hesitate to reach out to our preferred agency, HealthCompare, at 1-855-728-0510 (TTY 711).
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.
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