Humana Medicare Supplement
Medicare Supplement Insurance is extra insurance that helps pay for expenses not covered by Original Medicare – Part A and Part B.
This insurance can make your healthcare more affordable and easier to plan for. Private insurance companies, like Humana, sell these policies.
If you’re thinking of choosing Humana as your Medicare Supplement Insurance provider, it’s important to gather information before making your decision.
To help you make an informed choice, this guide gives an overview of Humana Medicare Supplement Insurance, including information about the company and the policies they offer.
How Medicare Supplement Plans Work
Medicare is a government health insurance program with different parts that cover different healthcare aspects.
Medicare Part A covers care and services in hospitals or skilled nursing facilities, while Part B covers care and services in outpatient settings like doctor visits, preventive services, and medical equipment.
Original Medicare covers a lot but not everything, so you’re responsible for the costs it doesn’t cover.
Medicare Supplement Insurance, also called Medigap, fills in these gaps. It pays for things like copays, coinsurance, and deductibles.
Humana was founded in 1961 and started in the hospital and nursing home industry before moving to the health insurance industry in 1984.
It has become one of the largest health insurance companies in the United States, serving over 10 million Americans. About 3.1 percent of these individuals are enrolled in Humana’s Medicare Supplement Insurance policies.
Humana offers Medigap insurance in all states except Virginia. It also provides Medigap policies in Washington, DC, and Puerto Rico.
The company offers various Medigap plans and additional perks for members.
While Humana Medicare Supplement Insurance has advantages, there are also disadvantages. For example, their policies tend to be expensive, and the customer complaint rate is higher than the average.
Advantages and Disadvantages of Humana Medicare Supplement Insurance
There are pros and cons to consider when choosing Humana Medigap insurance.
- Humana offers more Medigap insurance plans than most providers.
- Humana provides additional benefits to policyholders, like meal delivery and enrollment in the Silver Sneakers fitness discount program.
- Humana’s Medicare Supplement rates are competitive in certain areas.
- Humana’s premiums for Medicare Supplement Insurance are higher than the average.
- Their customer complaint rate is higher than the market average.
Humana Medicare Supplement Plan Options
Humana offers several Medigap plans, and their restrictions on plan availability are limited.
The following Medicare Supplement Insurance policies can be purchased by any Medicare beneficiary in areas where Humana is available:
- Plan A: The most basic plan, covering required benefits only.
- Plan B: Includes basic benefits and coverage for the Part A deductible.
- Plan G: Provides comprehensive coverage for out-of-pocket expenses associated with Medicare Part A and Part B, for those eligible for Medicare after January 1, 2020.
- Plan K: Lower premium plan with 50 percent coverage for most benefits.
- Plan L: Low-cost plan with 75 percent coverage for most benefits.
- Plan N: Lower monthly premiums, but you’ll have to cover Part B copays.
In addition to these plans, Humana also offers Plan C and Plan F, but these are available only to those eligible for Medicare before January 1, 2020.
Humana also offers plans in Massachusetts, Minnesota, and Wisconsin that meet specific standards for Medicare Supplement Insurance.
Popular Humana Medigap Plans
Plan F, Plan G, and Plan N are popular choices for their extensive coverage. These plans fill the gaps in Original Medicare, providing peace
Medicare Plan F, Plan G, and Plan N are popular choices for their extensive coverage.
These plans fill the gaps in Original Medicare, providing peace of mind and financial protection.
Plan F is known as the most comprehensive Medigap plan. It covers all the gaps in Original Medicare, including deductibles, coinsurance, and copayments for both Part A and Part B.
However, as of 2020, Plan F is no longer available to new Medicare enrollees, except for those who were eligible before January 1, 2020.
Plan G offers almost the same coverage as Plan F, except it doesn’t cover the Medicare Part B deductible.
However, the premiums for Plan G are often lower, making it a popular choice for those seeking comprehensive coverage without the higher price tag of Plan F.
Plan N is gaining popularity due to its lower premiums and comprehensive coverage.
While it requires small copayments for some office visits and emergency room trips, it covers the Part A deductible and coinsurance, Part B coinsurance, and provides foreign travel emergency benefits.
However, like Plan G, it does not cover the Part B deductible or excess charges.
Choosing between these plans depends on your healthcare needs, budget, and future health expectations.
Whether you choose Humana, Mutual of Omaha, Allstate, or any other top Medicare Supplement insurance company, we can assist you in finding the right plan for your needs.
Humana Medicare Supplement Plan G – A Top Choice
Among the various plans available, Humana’s Medicare Supplement Plan G has emerged as a popular choice due to its comprehensive coverage.
What is Medicare Plan G?
Medicare Supplement Plan G is a type of Medigap policy offered by private insurance companies, such as Humana.
It fills in the gaps left by Original Medicare (Part A and Part B), including expenses like deductibles, copayments, and coinsurance.
Plan G is often considered one of the most comprehensive Medigap policies available for new beneficiaries, second only to Plan F.
With Plan F no longer available to those newly eligible for Medicare as of 2020, Plan G has become a popular alternative.
What Does Humana Medigap Plan G Cover?
Humana’s Medigap Plan G offers extensive coverage to help you manage your healthcare costs.
It covers the coinsurance costs of Medicare Part A and Part B, which means that after you meet the Part B deductible, you typically won’t have any out-of-pocket costs for doctor’s services, hospital outpatient services, and other medical services.
Hospitalization costs can add up quickly, but with Humana’s Plan G, you’ll have coverage for your Part A deductible and coinsurance.
This includes an extra 365 days of hospital care after your Medicare benefits are used up.
It also covers the cost of three pints of blood should you need a blood transfusion.
One significant expense that beneficiaries may face is the Part B excess charge, which occurs when a doctor or provider charges more than the Medicare-approved amount for services.
Additionally, Plan G provides coverage for skilled nursing facility care and foreign travel emergencies, benefits that are not typically covered by Original Medicare.
It’s important to note that like all Medigap plans, Humana’s Plan G does not include prescription drug coverage. For that, you’ll need to enroll in a separate Medicare Prescription Part D plan.
To get rates for Humana Plan G in your area, you can call us at 1-888-891-0229.
Humana Medicare Supplement Plan F
Another popular Medicare Supplement plan from Humana is Medicare Plan F.
For a long time, Plan F was the top choice among beneficiaries due to its comprehensive coverage.
What is Medicare Plan F?
Medicare Supplement Plan F, also known as Medigap Plan F, is a supplemental insurance policy offered by private insurers like Humana.
It is specifically designed to cover the “gaps” in Original Medicare (Part A and Part B), including deductibles, copayments, and coinsurance.
Plan F has been considered the most comprehensive of all the Medigap policies, covering all the costs that Original Medicare does not.
However, as of 2020, Plan F is no longer available to those newly eligible for Medicare.
But individuals who were eligible before the cut-off date can still enroll or maintain their Plan F coverage.
What Does Humana Medigap Plan F Cover?
Humana’s Medigap Plan F offers extensive coverage to help manage your healthcare costs.
It covers Part A hospital costs and coinsurance for an additional 365 days after your Medicare benefits are used up.
It also covers Part B coinsurance and copayments, which means that once you meet the Part B deductible, you typically won’t have any out-of-pocket costs for doctor’s services, hospital outpatient services, and other medical services.
Plan F also covers the Part A and Part B deductibles, significantly reducing your out-of-pocket expenses.
The coinsurance for skilled nursing facility care, which can otherwise be quite costly, is also included in the coverage.
One unique benefit of Plan F is its coverage for Part B excess charges, which are the additional costs that healthcare providers are allowed to charge over Medicare’s approved amount for a service.
Moreover, Plan F provides coverage for foreign travel emergencies, a benefit not typically covered by Original Medicare.
Humana Plan F vs. Plan G
The primary difference between Humana’s Plan F and Plan G lies in the coverage of the Part B deductible.
Plan F covers this cost, while Plan G does not.
This means that with Plan F, you have nearly zero out-of-pocket expense for Medicare-approved services, whereas with Plan G, you would need to meet the annual Part B deductible yourself before your coverage kicks in.
However, the premiums for Plan G are typically lower than those for Plan F, making it a more cost-effective choice for some beneficiaries.
It’s also worth noting that Plan G is available to all Medicare beneficiaries, regardless of when they became eligible, whereas Plan F is only available to those who were eligible before 2020.
Choosing between Humana’s Plan F and Plan G ultimately depends on your personal healthcare needs and financial considerations.
Both plans offer robust coverage to help manage healthcare costs, providing peace of mind and financial protection.
Humana Medicare Supplement Plan N
As healthcare costs continue to rise, Medicare beneficiaries are seeking ways to better manage their out-of-pocket expenses.
One solution is to enroll in a Humana Medicare Supplement Plan N.
Among the various options available, Medigap Plan N is gaining popularity for its balance of coverage and cost.
Medicare Plan N
What is Medicare Plan N?
Humana Medicare Supplement Plan N is a Medigap policy designed to cover costs not paid by Original Medicare, such as copayments, coinsurance, and deductibles.
Plan N offers a mix of affordability and coverage, making it a popular choice among beneficiaries who want to limit out-of-pocket costs without paying higher premiums associated with more comprehensive plans.
What does Humana Medigap Plan N Cover?
Humana’s Medicare Supplement Plan N provides substantial coverage, including Part A hospital coinsurance and costs up to an additional 365 days after Medicare benefits are exhausted.
It covers Part B coinsurance costs, although you may have to pay a copayment for each doctor’s visit (Never more than $20).
Frequently Asked Questions
What are Humana Medicare Supplement Plans?
Humana Medicare Supplement Plans, also known as Medigap plans, are additional insurance policies offered by Humana to fill the gaps in Original Medicare coverage.
Who is eligible for Humana Medicare Supplement Plans?
Individuals who are enrolled in Medicare Parts A and B and are 65 years or older are typically eligible to enroll in Humana Medicare Supplement Plans. In some states, these plans may also be available to individuals under 65 who are eligible for Medicare due to disability or certain conditions.
What types of Humana Medicare Supplement Plans are available?
Humana offers several types of Medicare Supplement Plans, identified by different letters of the alphabet (A, B, C, F, G, K, L, N). The coverage and costs associated with each plan differ.
How do I enroll in a Humana Medicare Supplement Plan?
To enroll in a Humana Medicare Supplement Plan, you can call us today at 1-888-891-0229.
What does a Humana Medicare Supplement Plan cover?
Humana Medicare Supplement Plans can cover various costs not covered by Original Medicare, such as deductibles, copayments, coinsurance, and excess charges. However, they do not include prescription drug coverage. There is a description of each plan benefits above to help you see which plan is right for you.
What is the cost of Humana Medicare Supplement Plans?
The cost of Humana Medicare Supplement Plans can vary based on the specific plan, your location, age, and health status. You can obtain a personalized quote from Humana or speak with a licensed agent for assistance.
How does Humana handle renewals for Medicare Supplement Plans?
Humana Medicare Supplement Plans are typically automatically renewed each year as long as the monthly premiums are paid.
Can I switch my Humana Medicare Supplement Plan?
Yes, you can apply to switch your Humana Medicare Supplement Plan at any time. However, approval may be subject to medical underwriting if you are outside your Medigap Open Enrollment Period.
What is Humana’s reputation as a Medicare Supplement provider?
Humana is a well-established provider of Medicare Supplement Plans and is known for its broad range of plan options and commitment to customer service.
Does Humana offer any additional benefits with their Medicare Supplement Plans?
Some Humana Medicare Supplement Plans may offer additional benefits, such as fitness programs, vision discounts, and access to a nurse advice line. The availability of these benefits may vary by plan and location.
Humana Medicare Supplement - How to Apply
The easiest way to get started is to call us today at 1-888-891-0229.
We’ll answer all of your questions and help you find the right Medicare plan. Or you can use our FREE quote engine to begin shopping today!
Updated December 4th, 2022