Virginia Medicare Supplement (Medigap) Plans

Virginia Medicare Supplement (Medigap) Insurance Plans:

Shop 2020 Virginia Medicare Supplement (Medigap) Insurance plans. Our trained local Richmond, VA agents will compare Medicare supplement plans in Virginia with all top companies to find you affordable monthly premiums. We will review the Medigap coverage plan benefits, monthly premiums to assure you’re buying the best Virginia Medicare Supplement insurance plan for your medical needs and budget. We can take most applications right over the phone, so no matter where you’re located in Virginia, we can assist you. If you’re already enrolled in a Medicare supplement plan you can change policies at any time of the year, so don’t hesitate to contact us to see if you can reduce your premium. We provide all quotes and reviews free of charge with no obligation to purchase. By federal law you’re not charged any extra fees or premium to use us as your Medicare insurance broker. The policy prices are the same amount no matter if you purchase your supplement plan directly from the insurance company or us. 

How Much Do You Know About Medicare?

Although 86% of eligible seniors are currently enrolled or are planning on enrolling in Medicare, 72% of them say they don’t fully understand how the program works according to a survey from the National Retirement Institute and the Harris Poll. Not understanding how Medicare works can be a very expensive mistake. Healthcare is the biggest expense seniors face during retirement. The average 65-year couple is expected to spend approximately $280,000 on healthcare cost, according to Fidelity Investments. If you don’t fully understand how Medicare works schedule a private phone call with to get a better understanding of your Medicare plan options to avoid draining your retirement savings.

What is a Medicare Supplement Insurance Plan?

Virginia Medicare supplement (medigap) insurance plan benefits are standardize and are set by the federal government. Each insurance company can then select what plan benefit structures they want to offer. That means no matter what insurance company you elect to enroll with the basic benefits are the same. Medicare Supplement insurance plans help cover costs not included in Original Medicare coverage. Original Medicare (Part A and Part B) provides coverage for many hospital and medical services, but don’t cover all cost. With Original Medicare you’re usually still responsible for cost-sharing expenses like deductibles and copayments. Expenses with Original Medicare for out-of-pocket cost can add up quickly for beneficiaries with health issues. A Medicare supplement insurance plan is designed to work alongside your Original Medicare Part A & Part B coverage to cover the cost not covered.

What is a Medicare Medigap Insurance Plan?

A Medigap insurance plan and a Medicare supplement insurance plan are one in the same. The plans are just referred to by two different names. So when you see the word Medigap insurance plan it is the same thing as a Medicare supplement insurance plan.

Virginia Medicare Supplement Insurance Plan Features:

: You have a choice of plans to meet your needs and budget.

: There are no provider network restrictions, so you’re able to keep your doctor. You can go to any doctor or hospital that accepts Medicare patients.

: You’re covered anywhere in the U.S. when you travel.

: You may see any specialists who accepts Medicare patients without a referral.

: Medigap insurance policies are guaranteed renewable. That means the insurance company can’t cancel your Medigap plan even if you have health problems as long as you pay the premium.

Comparing Medicare Supplement Insurance Plans:

There are 10 Medigap insurance plans to select from in Virginia. Please see the available plans chart below.

Compare Virginia Medicare Supplement Insurance Plans

Virginia Medicare Supplement Insurance Plan Chart

Comparing Plan F and Plan G Cost

Two of the most popular supplement plans are Medicare Plan F and Medicare Plan G.  Medigap Plan G is a plan often overlooked for the more popular Plan F. Plan G is very similar to Plan F and is less expensive in most cases. According to 2014 Medicare enrollment data Plan F enrollment was almost 10 times that of Plan G even though the 2 plans are almost identical. The only benefit that Plan F includes that Plan G does not for 2018 is the $183 annual deductible for Part B. If the Plan F premium is just $16 higher than the Plan G premium than Plan G is a better deal. The Plan F premium can differ by as much as $30 when compared to Plan G in Virginia. If you pay $30 more a month for Plan F instead of enrolling in Plan G you will pay an extra $360 a year for only extra $183 in coverage.

Medicare Supplement Insurance Plan F Benefits:

Medicare Supplement Plan F covers 100% of Part A and Part B that is not covered by Orginal Medicare. This plan covers 100% of all hospital bills and 100% of doctor visits. This plan is the only Medicare Supplement Plan that offers 100% coverage for all services.

Medicare Supplement Insurance Plan G Benefits:

Medicare Supplement Plan G is the plan we most often recommend. Plan G covers 100% of Part A (Hospital) expenses and only has a $185 deductible for Part B (Doctors).  Your saving in premium for Plan G usually covers as stated above the $185 deductible that’s covered on Plan F.

Medicare Supplement Plans F and G Facts:

Plans F and G are the only Medicare Supplement insurance plans that cover costs known as Medicare Part B excess charges. An excess charge is the difference between what a doctor or provider charges and the amount Medicare will pay.

Medicare Supplement Insurance Plan Enrollment Eligibility:

You’re generally eligible to enroll in a Medicare Supplement insurance plan once you’re enrolled in Medicare Part A and Part B. Most often the best time to enroll in Medicare Supplement insurance plan is during your 6 month Medigap Open Enrollment Period. This enrollment period is for one time that starts automatically you’re 65 or older and enrolled in Medicare Part B. During this 6 month period you’re guaranteed insurance coverage and can’t be turned down due to pre-existing health conditions. The insurance company can’t increase your premiums or require medical underwriting. You can apply for a Medicare supplement insurance plan outside the 6 month guaranteed issue period, but underwriting will be required.

Please find below the Official U.S. Government Medicare & You Handbook:

2020 Medicare & You Handbook

Medicare Supplement Insurance Companies We Represent in Virginia:

Virginia Medicare supplement (medigap) insurance plans

Aetna Medicare Supplement Insurance Plans in Virginia


Virginia medicare supplement (medigap) insurance plans

Anthem Virginia Medicare Supplement Plans Authorized Agent


Virginia medicare supplement (medigap) insurance plans

Cigna Virginia Medicare Supplement Insurance Plan G


Virginia medicare supplement (medigap) insurance plans

Humana Virginia Medicare Supplement Plans


Virginia medicare supplement (medigap) insurance plans

Medico Medicare Insurance Plans Richmond Virginia


Virginia Medicare Supplement (medigap) insurance plans

Mutual of Omaha Medicare Supplement Plan F Richmond Virginia


Virginia medicare supplement (medigap) insurance plans

Optima Health Medicare Plans


Virginia MedicareSupplement (Medigap) Insurance Plans Agent

Pekin Medicare Supplement Insurance Plan F Richmond Virginia


transamerica medicare supplement plans, richmond va, richmond virginia, richmond va medicare insurance broker, buy medicare insurance plan richmond va

Transamerica Medicare Supplement Plans Richmond Virginia

Virginia Medicare Supplement (Medigap) Insurance Plans

Thrivent Financial Virginia Medicare Insurance Plans

If there’s a Medicare Insurance company policy you’re want to buy, but don’t see them listed above it’s a good chance we represent them and are no allowed to display their logo or name. We represent all types of Virginia Medicare plans, so contact us if you would like more information. 

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