The Best Medicare Supplement (Medigap) Plans in Arkansas
- Arkansas Medicare Supplement plans help pay for Part A and B copays, coinsurance and deductibles. Use this review of Medigap plans in Arkansas to pick the best one for you.
Once you're enrolled in Original Medicare, you can add on private health plans to complement your coverage. About 36% of those receiving Medicare in Arkansas — or more than 184,900 residents — also belong to a Medicare Supplement (Medigap) plan.
Through Medicare, the federal government pays for medically necessary hospital stays, physician services, diagnostic tests and treatments. Costs such as deductibles, copays and foreign travel emergency care still come out of your wallet. Medigap coverage helps pay for some remaining expenses once Medicare has paid its portion.
You can find Medicare Supplement plans in Arkansas or wherever you live by comparing plans from several different insurance companies online.
What Are the Best Arkansas Medicare Supplement Plans?
You can pick from 10 standardized Medigap plans in Arkansas. Insurance companies can decide which of the plans they wish to offer and charge any premiums they wish. When shopping for Medicare Supplement plans in Arkansas, you can count on policies within the same letter category to provide the same benefits, so you can more easily compare pricing.
|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.
All Medigap plans in Arkansas cover:
From here, you can decide which additional benefits you need, such as Part A and Part B deductibles, foreign travel and skilled nursing facility coinsurance.
Some of the more popular Medigap plans in Arkansas include:
- Plan F: This plan is the most robust and covers all standardized Medigap benefits. However, because it includes the Part B deductible, it's only available to Arkansas residents eligible for Medicare prior to January 1, 2020.
- Plan G: This plan is similar to Plan F but doesn't include the Part B deductible, which is no longer covered by Medigap. This option is available to all Medicare beneficiaries.
- Plan N: If you don't need coverage of extra fees some health care providers bill, Plan N may be a suitable option. It's similar to Plan G but doesn't cover excess charges. Plan N pays 100% of most Part B copays/coinsurance, except for some physician and emergency room visits.
How Do I Enroll in Medigap Plans in Arkansas?
If you decide to add Medicare Supplement to your health insurance, take advantage of your personal six-month Medigap open enrollment period to receive important benefits. This period begins when you're 65 or older and enrolled in Medicare Part B.
During this window, even if you have a medical problem, Arkansas insurance companies must sell you any Medigap policy that you want at the same price as a person with no medical conditions. After the Medigap open enrollment period ends, you no longer have these protections unless you qualify for guaranteed issue rights. Guaranteed issue rights may kick in if:
- Your health coverage through a union or an employer is ending.
- You're enrolled in Medicare Advantage for the first time and want to return to Original Medicare after less than a year.
- You move out of your Medicare Advantage service area or your insurer stops providing coverage.
If you qualify for guaranteed issue rights, you usually have 63 calendar days after your coverage ends to join a Medigap plan. In some cases, you may also be able to enroll before your coverage ends to ensure there's no gap.
When you apply for a Medicare Supplement policy outside of your Medigap open enrollment period or without guaranteed issue rights, an insurance company can underwrite your plan, deny coverage and/or charge higher premiums based on your health.