Texas Medicare Supplement Insurance
Learn more about Medigap plans, costs, and coverage in Texas
If you’re a Medicare beneficiary in Texas, you might want to consider purchasing a Medicare Supplement insurance plan.
A Medicare Supplement insurance plan is a type of health insurance policy sold by private insurance companies to supplement Original Medicare. Medigap plans can help pay for some out-of-pocket costs that Medicare doesn’t cover, such as deductibles, co-payments, and coinsurance.
In Texas, there are 10 standardized Medigap plans available. These plans offer different coverage levels, so it’s important to compare plans before you decide which one is right for you.
When Can You Enroll In Medigap?
The enrollment policies for Medigap plans in Texas differ from those for other health insurance types. There are two key things to know about Medigap enrollment in Texas:
❖ Open Medigap Enrollment Period
You have a six-month window to enroll in a Medigap policy after you turn 65 and are enrolled in Medicare Part B. This is known as your Open Enrollment Period; during this time, insurance companies cannot deny you coverage or charge you more for a pre-existing health condition.
❖ Outside Open Enrollment Period
If you miss your Open Enrollment Period, you may still be able to enroll in a Medigap policy, but you may have to undergo a medical underwriting. This means the insurance company will look at your health history to determine if they’re willing to cover you and, if so, how much they’ll charge you for premiums.
Most Popular Medicare Supplement Plans In Texas
✔ Plan F
Plan F is the most popular Medigap plan in Texas and the United States. It offers the most comprehensive coverage of any Medigap policy, covering all Medicare Part A and B deductibles, co-payments, and coinsurance.
✔ Plan G
Plan G is very similar to Plan F, with the main difference being that it doesn’t cover the Medicare Part B deductible. This means it has a lower premium than Plan F, but you’ll be responsible for paying the $185 deductible if you need to use your Medicare benefits.
✔ Plan N
Plan N is another popular option that covers most of the same things as Plans F and G. The main difference is that it has a $20 co-pay for doctor’s visits and a $50 copay for emergency room visits.
How Much Does Medigap Cost In Texas?
The cost of Medigap plans in Texas varies depending on the plan you choose, your age, and whether you smoke. However, all insurance companies are required to use the same pricing structure, so the price you pay for Plan F with Company A will be the same as that for Plan F with Company B.
Here’s a look at the average monthly premiums for the most popular Medigap plans in Texas:
Plan F: $150
Plan G: $92
Plan N: $70
How To Enroll In A Medigap Plan In Texas
If you’re ready to enroll in a Medigap plan, eMedicareGuide.com can help. We’ll show you all the available plans in your area and help you compare features and costs. We’ll also help you complete the enrollment process and answer any questions you have along the way.