Aflac Medicare Supplement Plans Review
Aflac offers Medicare Supplement plans including the most popular plans like Plan A, Plan F, Plan G and Plan N. Learn more about Aflac Medicare Supplement (Medigap) plans, including industry reviews, coverage, availability and more.
After a nine year hiatus, Aflac is back in the Medicare Supplement Insurance (Medigap) market.
The company stopped selling these plans, also called “Medigap,” back in 2013. But in 2022, Aflac announced it was bringing its Medicare Supplement Insurance plans back to help Medicare beneficiaries cover some of the holes in their coverage.
In this guide, we review Aflac Medicare Supplement plans, including the plans they offer, costs, additional benefits and more so you can make an informed decision about your coverage.
Please note: Not all plans are available in all locations. Aflac doesn't sell all 10 types of standardized Medicare Supplement plans you see in the chart below.
You can compare Medicare Supplement plans online to find out exactly what plans are available where you live. You can also call to speak with a licensed insurance agent who can help you compare plans.
You can see each type of Medigap plan and what they cover in 2022 in the chart below. We’ll go into more detail about the four plans Aflac sells (Plans A, F, G and N).
|Medicare Supplement Benefits||A||B||C1||D||F1||G||K||L||M||N|
|Part A coinsurance and hospital costs||✓||✓||✓||✓||✓||✓||✓||✓||✓||✓|
|Part B coinsurance or copayment||✓||✓||✓||✓||✓||✓||50%||75%||✓||✓|
|First 3 pints of blood||✓||✓||✓||✓||✓||✓||50%||75%||✓||✓|
|Part A hospice care co-insurance or co-payment||✓||✓||✓||✓||✓||✓||50%||75%||✓||✓|
|Co-insurance for skilled nursing facility||✓||✓||✓||✓||50%||75%||✓||✓|
|Medicare Part A deductible||✓||✓||✓||✓||✓||50%||75%||50%||✓|
|Medicare Part B deductible||✓||✓|
|Medicare Part B excess charges||✓||✓|
|Foreign travel emergency||80%||80%||80%||80%||80%||80%|
|1. Plans C and F are not available to new beneficiaries who became eligible for Medicare on or after January 1, 2020.
2. Plans F and G also offer a high deductible plan which has an annual deductible of $2,490 in 2022. Once the annual deductible is met, the plan pays 100% of covered services for the rest of the year. The high deductible Plan F is not available to new beneficiaries who became eligible for Medicare on or after January 1, 2020.
3. Plan K has an out-of-pocket yearly limit of $6,620 in 2022. Plan L has an out-of-pocket yearly limit of $3,310 in 2022.
4. 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 for emergency room visits that don’t result in an inpatient admission.
View an image version of this table.
Medigap Plan A offers coverage for your Medicare Part A coinsurance and hospital costs up to 365 days after your Medicare benefits are exhausted, Part B coinsurance and copayments, and Part A hospice care coinsurance and copayments.
Plan A offers the least coverage of any type of Medigap plan.
Plan F offers the most coverage of any type of Medigap plan. This plan covers everything found in Plan A in addition to skilled nursing care facility coinsurance, the Part A deductible, Part B deductible, Part B excess charges and foreign travel emergency care.
Plan F is the only Medigap plan to provide coverage in all nine Medicare Supplement benefit areas. As such, it can sometimes come with the most expensive premiums, depending on the plan availability and other factors where you live.
Plan F is only available to beneficiaries who first became eligible for Medicare before January 1, 2020. By law, any beneficiaries who became eligible for Medicare on or after that date are not eligible to enroll in Medicare Supplement Plan F.
Medigap Plan G covers everything found in Plan F except for the Medicare Part B deductible.
Unlike with Plan F, all Medicare beneficiaries are eligible to apply for Plan G regardless of when you became eligible for Medicare. Plan G is quickly becoming the most popular Medigap plan among new Medicare beneficiaries.
Plan N is a mid-level plan that is popular for offering coverage in the areas where you need it most while keeping premiums in check. Plan N covers everything covered by Plan G with the exception of Medicare Part B excess charges.
While Medigap Plan N provides coverage of Medicare Part B copayments and coinsurance, certain office visits may require a copayment of up to $20 and emergency room visits that do not result in a hospital admission may cost up to $50. This cost-sharing helps keep monthly premiums lower.
There are several benefits to having a Medicare Supplement Insurance plan from Aflac.
- Aflac’s Medigap plans are accepted by any health care provider who accepts Medicare. There are no network restrictions and no need to obtain pre-authorization for coverage.
- Depending on your preferences, you can buy optional dental, vision and/or hearing coverage through an Aflac plan that you can use alongside your Aflac Medicare Supplement plan.
- Plan benefits remain the same every year so there’s no need to annually “review and renew.”
- Aflac offers a 30-day “free look” period so you can try out a plan for 30 days and return it for any reason with a full refund of all premiums paid.
- Plan premiums are locked in for 12 months.
- Plans are guaranteed renewable, meaning benefits cannot be reduced or canceled as long as you continue to pay the premiums.
The cost of an Aflac Medicare Supplement plan can depend on a number of factors including your location, age, gender and when you enroll. Premiums also depend heavily on the plan chosen, as each Medicare Supplement plan features a unique set of benefits.
Aflac has been in business for more than 50 years and maintains strong financial ratings including an A+ (Superior) from A.M. Best, a leading credit rating agency.
Aflac has been named one of the World’s Most Ethical Companies by Ethisphere Magazine every year from 2007 to 2022.
You can enroll in an Aflac Medicare Supplement Insurance plan at any time. However, the best time to do so is during your Medigap Open Enrollment Period. This enrollment period begins the month you are at least 65 years old and enrolled in Medicare Part B, and it lasts for just six months.
During this time, insurance companies like Aflac are not allowed to use medical underwriting to determine your premiums. You will be granted the same standard premium as all other applicants of the same age, gender and location who are also enrolling at that time.
Learn more about Medicare Supplement plans and the options available where you live by requesting a free plan quote online or by calling a licensed insurance agent for help comparing plans, costs and more.