What Are the Best Medicare Supplement Plans in Virginia?
What Are the Best Medicare Supplement Plans in Virginia?
Mutual of Omaha offers the best Medicare Supplement plans in Virginia because of its affordable Plan G rates and its low number of complaints. Plan G will give you the best combination of cost and coverage.
If you're looking for a cheaper option, Plan N from Medico is a good choice.
Medicare Supplement coverage is the same if you have the same plan letter, regardless of which company you buy it from. When choosing between Medigap providers, you should only pay attention to details like customer service reputation and price.
What's the best Medicare Supplement company in Virginia?
Mutual of Omaha is the best Medigap provider in Virginia because it has cheap prices and it receives few customer complaints.
Mutual of Omaha's Plan G prices are 14% lower than the state average. Plan G is the most popular Medigap plan for new Medicare enrollees because it offers the most coverage.
Mutual of Omaha receives the fewest customer complaints among major Virginia Medigap providers when adjusted for company size. A low number of complaints often signals a smoother claims process. This means you're less likely to experience frustrating delays, and you're more likely to get your payout in a timely manner.
Top Medigap companies in Virginia
Company | Plan G monthly rate |
Customer satisfaction (out of 5)
|
|---|---|---|
| Anthem | $104 | 4.0 |
| Medico | $105 | 1.5 |
| Mutual of Omaha | $113 | 5.0 |
| AARP/UnitedHealthcare | $114 | 4.5 |
| Cigna | $118 | 4.5 |
| Aetna | $123 | 3.5 |
| USAA | $126 | 4.0 |
All rates are for a 65-year-old woman who doesn't smoke.
Plan F is the most popular Medigap policy option in Virginia because it offers high levels of coverage. However, you can only buy a Plan F policy if you became eligible for Medicare before 2020. Plan G has the same coverage as Plan F, except it doesn't pay your $226 Medicare Part B deductible.
Plan G is usually the best choice if you became eligible for Medicare on or after Jan. 1, 2020, or if Plan F costs at least $226 more per year than Plan G.
You should consider Anthem, a Blue Cross Blue Shield (BCBS) subsidiary, for a Medicare Supplement Plan G policy if you want to pay a little less and don't mind slightly lower levels of customer service.
Anthem gets 44% fewer complaints than an average Medigap company its size. Its Plan G rates are 21% cheaper than the state average, making it the least expensive Plan G company in Virginia.
Best overall for Medicare plans in Virginia: Mutual of Omaha
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Average cost of Mutual of Omaha Medigap in Virginia:
- High-deductible Plan G: $41
- Plan N: $86
- Plan A: $98
- Plan G: $113
- Plan F: $144
Mutual of Omaha has low monthly rates on all of its Medigap plans. Across the board, its plans are 17% less expensive than the Virginia average. Plan G from Mutual of Omaha costs $216 less per year compared to the state average.
Mutual of Omaha receives far fewer complaints than the average Medigap company. A lower number of complaints may indicate that customers had an easy time with the Mutual of Omaha claims process. This means you're more likely to get your claim paid out on time and without any frustrating road bumps or hassles.
Mutual of Omaha sells five different types of Medigap policies including Plans F, G and N. These three plans collectively account for 93% of all Medicare Supplement policies sold in Virginia.
You can buy a high-deductible Plan G policy from Mutual of Omaha. It costs just $41 per month, which can save you $864 per year compared to a traditional Plan G policy. However, you must pay a $2,700 deductible before coverage kicks in.
You should only choose a high-deductible Plan G policy if you don't have ongoing health problems and you have enough savings to cover a large, unexpected medical bill.
Best for plan selection: AARP/UnitedHealthcare (UHC)
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Editor rating
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Average cost of AARP/UHC Medigap in Virginia:
- Plan K: $49
- Plan L: $82
- Plan A: $86
- Plan N: $98
- Plan G: $114
- Plan B: $118
- Plan C: $148
- Plan F: $149
Most Medicare Supplement companies only offer a few plan options. That means if you want a less commonly sold plan, the number of Medigap providers shrinks considerably.
For example, less than a fifth of Virginia Medigap companies offer Plan K or L. AARP/UnitedHealthcare stands out among this minority of plan providers for its low prices and high levels of customer service.
Plan K covers 50% of most Medicare out-of-pocket costs, such as your deductible, copay and coinsurance. Plan L covers 75% of those costs. Because they provide less coverage, Plans K and L are more affordable compared to other plan choices.
AARP/UnitedHealthcare offers above-average customer service. It receives 61% fewer complaints compared to a typical, similar-sized Medigap provider.
AARP/UnitedHealthcare sells eight out of the 10 available Medigap plans on the market. The only two plans it doesn't sell, Plans D and M, make up less than 1% of all Medigap policies sold in Virginia. In addition to covering 99% of the Virginia Medigap market, AARP/UnitedHealthcare has below-average rates for all of its plan options.
You must buy a $16-per-year AARP membership before you can get a Medigap policy through UnitedHealthcare. Your AARP membership comes with a range of discounts in several categories, such as travel, gas, groceries and restaurants.
Cheapest Plan N: Medico
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Average cost of Medico Medigap in Virginia:
- High-deductible Plan G: $36
- High-deductible Plan F: $38
- Plan N: $82
- Plan G: $105
- Plan A: $113
- Plan F: $128
Medico Plan N policies are 17% cheaper than the Virginia state average.
Medico sells the cheapest Plan N policies in Virginia among major Medigap providers. For a 65-year-old woman who doesn't smoke, Medico's Plan N policy is $204 per year cheaper compared to the state average.
Plan N offers robust coverage levels similar to Plan G. However, Plan N does not pay for any extra charges made by your doctor, also called excess charges. Only 2% of doctors are approved to make excess charges, so for most people, this shouldn't be too much of a concern.
It's important to note that Plan N leaves you responsible for a $20 copay for some doctor visits and a $50 copay for some emergency room visits. You may be better off with Plan G if you visit the hospital frequently.
Medico receives more than twice as many complaints as the average Medigap provider. You should choose Medico if you don't mind sacrificing customer service for a cheaper rate.
Mutual of Omaha is a good choice for Plan N if customer service is a high priority for you. Although it costs slightly more, Mutual of Omaha receives significantly fewer complaints than Medico.
Virginia Medigap plan prices
In Virginia, you can choose between 10 regular Medigap plans and two high-deductible plans. The average monthly cost for these plans ranges from $42 to $221.
Virginia Medicare Supplement plans
Plan type | Monthly cost |
Popularity in Virginia
|
|---|---|---|
| Plan F | $162 | 47% |
| Plan G | $131 | 39% |
| Plan N | $99 | 7% |
| Plan C | $188 | 1% |
Rates are based on a 65-year-old woman who doesn't smoke and lives in Virginia. Percentages may not add to 100 because of rounding and discontinued plan types.
Roughly half of all Virginia Medigap customers choose Plan F because it offers the best coverage. However, Plan G is a better deal. It costs $372 less per year compared to Plan F, on average, for a 65-year-old woman who doesn't smoke.
The only difference between the two plans is that Plan F covers your $226 Part B deductible, meaning that even if you paid your entire Part B Medicare deductible, you would still save $146 by choosing Plan G.
Plan G offers the best combination of price and coverage among Medigap plans.
The cost difference between Plan F and Plan G grows larger as you get older. You can save $242 per year with Plan G at 75 and $362 per year at 85. That makes Plan G the better option regardless of your age or coverage needs.
Can I have a Medigap plan with Medicare Advantage?
No, you cannot buy a Medicare Supplement plan if you have Medicare Advantage in Virginia or anywhere else in the United States. Medigap plans were designed to fill the holes left in your coverage by Original Medicare (Parts A and B).
Like Medicare Supplement policies, Medicare Advantage (Part C) plans are sold by private companies. However, while Medigap plans have rigid rules about the sort of coverage they can offer, Medicare Advantage plans have more freedom when it comes to coverage.
Medicare Advantage plans must have at least the same coverage as Medicare Parts A and B. In addition, Medicare Advantage plans can offer extra benefits, such as prescription drug coverage, dental, vision and more.
You can often save money by choosing a Medicare Advantage plan over Original Medicare. With Original Medicare, you have to pay for Medicare Part D to get prescription drug coverage, and you may have to buy separate supplemental insurance to cover most hearing and dental procedures.
However, Medicare Advantage plans come with drawbacks. With Original Medicare, you're not restricted to a health care network, but most Medicare Advantage plans in Virginia limit you to an HMO or PPO network. So you can't just see any doctor who accepts Medicare.
Frequently asked questions
What is the best Plan G Medicare Supplement provider in Virginia?
Mutual of Omaha is the best Plan G Medigap provider in Virginia. It has affordable rates and the fewest customer complaints of any Virginia Medicare Supplement company.
How much does Plan G cost in Virginia?
A Plan G policy costs $131 per month or $1,572 per year, on average, for a 65-year-old woman living in Virginia who doesn't smoke. Your Medicare quote will vary depending on factors like your age, gender and history of tobacco use.
What are the best Medicare Supplement plans in Virginia?
Medicare Supplement Plan G is the best Medigap plan in Virginia because it offers the most coverage for new Medicare enrollees. You should also consider Medigap Plan N if you're fine with sacrificing a small amount of coverage in exchange for a lower monthly rate.
Sources and methodology
Medigap plan average prices for the state of Virginia came from the Centers for Medicare & Medicaid Services (CMS). Company complaint statistics were taken from the National Association of Insurance Commissioners (NAIC).
NAIC complaint information was used to rate Medigap providers on a scale from one to five, with five signaling a low number of complaints.
Satisfaction score | Customer complaints adjusted for company size |
|---|---|
| 5.0 (top rating) | Over 75% fewer complaints than typical |
| 4.5 | 50% to 75% fewer complaints than typical |
| 4.0 | 25% to 50% fewer complaints than typical |
| 3.5 | 0% to 25% fewer complaints than typical |
| 3.0 | An average rate of complaints |
| 2.5 | 0% to 50% more complaints than typical |
| 2.0 | 50% to 100% more complaints than typical |
| 1.5 | 100% to 250% more complaints than typical |
| 1.0 | Over 250% more complaints than typical |
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