North Carolina Medicare Supplement Plans 2024
The Tar Heel State has plenty of amazing scenery to admire as you enjoy your golden years. It’s critical for seniors to ensure they have adequate financial planning for their retirement, and Medicare gives you a way to bring more predictability and security to your healthcare expenses as you age.
The issue with Original Medicare Parts A & B is that it doesn’t cover all your medical and hospitalization costs. You get 80% coverage for your inpatient and outpatient expenses, leaving you with a 20% balance to pay. If you’re living on a fixed income, you can’t afford surprises with healthcare expenses.
Medicare supplement plans, or “Medigap,” covers the shortfalls left behind by Original Medicare. These plans come in a variety of options, with each offering a different level of coverage.
North Carolina Medicare Supplement Plans have average premiums of around $108 and vary depending on the plan you choose.
This post unpacks the cost, benefits, and coverage of Medigap plans. We’ll help you make an informed decision on the right supplemental policy to support your out-of-pocket healthcare expenses.
The Best Medicare Supplement Plans in North Carolina for 2024
Medigap plans in 2024 are available from leading healthcare insurers in North Carolina. Here are some of the top-rated firms offering Plans F, G, & N.
- Liberty Bankers
- Assured Life
- Atlantic Coast Life
- Bankers Fidelity
- Blue Cross Blue Shield of North Carolina
The Best Provider for Medicare Supplement Plan G in North Carolina – Aetna
There are 44 insurers offering Plan G in North Carolina. The best option for Plan G in the state is Blue Cross Blue Shield of North Carolina, with a monthly premium of $74.30. The industry average for Medigap Plan G is $107.50 across all provides, making BCBS more affordable by $33.20 per month. That’s a huge saving.
Cigna is the most expensive provider for Plan G in North Carolina, with average premiums being $119.80 per month. Aetna also offers a High-deductible version of Plan G. The HD version increases the annual Part A deductible from $1,600 to $2,700, but you benefit by paying a lower monthly premium.
The HD version of Plan G is ideal for healthy seniors that want good medical coverage in emergencies, but lower monthly premiums. The average cost of HD Plan G from Aetna is $41 per month. The top three firms selling Plan G policies in North Carolina are the following.
What Does Plan G Cover?
Medigap Plan G offers you the most comprehensive level of coverage after Plan F. However, Plan F is no longer available to people eligible for Medicare after January 1, 2020. The difference between Plan G & F is that Plan F covers the Part B deductible. However, the lower premiums from Plan G offset this, making it as economically viable as Plan F.
Here are the standardized benefits of Plan G. However, most providers offer additional benefits and perks for providers covering vision, hearing, and dental services. Many providers also offer household discounts and discounts for paying through automatic payments or paying all your premiums for the year up front. Speak with us and we’ll get you the best deal on Plan G.
- Part A coinsurance and hospital costs up to an additional 365 days after using up your Medicare benefits.
- Part B coinsurance or copayment.
- Blood (first 3 pints).
- Part A hospice care co-insurance or copayments.
- Skilled nursing facility care coinsurance.
- Part A deductible.
- Part B excess charges.
The Best Provider for Medicare Supplement Plan N in North Carolina – Aetna
There are 43 insurers offering Plan N in North Carolina. Cigna is the best provider for your Plan N policy, with a monthly premium of $85.67. The average cost of Medicare Supplement Plan N is $101 per month in North Carolina, across all providers. So, you get a saving of $15.33 off the median rate by taking your policy with Cigna.
The most expensive provider of Plan N in North Carolina is UnitedHealthcare (AARP). With a Plan N policy costing an average of $116.80 per month. The top three providers in the state have the following average premiums for Plan N.
What Does Plan N Cover?
Medigap Plan N offers comprehensive coverage for medical emergencies and a low monthly premium. However, you’ll have to make copayments at the doctor’s office and when visiting the emergency room. You’ll pay $20 with the doctor, and $50 at the emergency room, with the $50 copayment being waived if the doctor admits you to the hospital.
Plan N also doesn’t cover Part B excess charges. If you see a practitioner charging more than Medicare-approved rates, you’re liable for the extra charges. Here are the standardized benefits of Plan N.
- Part A coinsurance and hospital costs up to an additional year after your Medicare benefits
- Part B coinsurance or copayments.
- Blood (first 3 pints).
- Part A hospice care coinsurance or copayment.
- Skilled nursing facility care insurance.
- Part A deductible.
80% of foreign travel exchange (up to plan limits).
Frequently Asked Questions
Use Us to Find the Best Medicare Supplement Plans in North Carolina
Our fully licensed Medigap experts are available to you at 1-888-891-0229. Call us for a free consultation and quote. We’ll give you the advice you need to find the right Medigap plan for you and your budget. Or you can leave your details on our contact form and we’ll get a professional agent to call you back to discuss your needs.
Updated June 7th, 2023