Medigap Plan N premiums are not the same in every state. There can be a wide spectrum of rates depending on multiple variables, i.e. your location (which state/county you live in), your age, your gender, or whether you are a tobacco user or not. (Enter your zip code and age here to get a full list of Plan N premiums in your area.) In other words, the answer to the question of “how much does Plan N cost” is based upon where you live, your current age, your gender and if you are a smoker or non-smoker. In most parts of the country, Plan N rates range from about $80-100/month. For a female, they tend to be slightly lower. That said, some states have higher rates, while others have lower rates. Only after a quote is run can the exact premiums be known.
To demonstrate the above, I will give you a few examples of current (January 2021) Plan N rates in various areas of the country. The Medigap Plan N rates listed below are the lowest up-to-date rates for a 65-year old, non-smoking, male, in that select area or in the entire state:
- ALL OF NC: $85/month
- PANHANDLE FL: $135/month
- SOUTHERN CA: $105/month
- WESTERN PA: $93/month
- DALLAS TX:$99/month
- CENTRAL INDIANA: $89/month
- DENVER CO: $103/month
- UPSTATE SC: $83/month
- IOWA: $80/month
Please keep in mind that Medigap Plan N rates can differ within the same geographical area, sometimes by as much as $100/month depending on the insurance company. However, the coverage remains the same. Furthermore, when it comes to Medicare Supplement (Medigap) plans, each company has the right to set its own rates and can decide what they want to charge for their plans. This holds true even given the fact that Medigap coverage is standardized by the Federal government. If you’ve had the same Medigap Plan N, with the same insurance company since you enrolled in Medicare, most likely you will be able to reduce your costs for the identical coverage that works the exact same way.
Click here to receive a list of Medigap Plan N Rates by Email
Get a List of Plan N Rates for Your Zip Code
Complete the form to receive the information via email
How Can I Get Medicare Supplement Plan N Prices?
For the most part, insurance companies do not publish their online rates any longer without a catch – they either want you to meet with an agent or first enter your personal data. Thus, even though you may find Medicare Supplement Plan N rates online, what you will ultimately receive will not accurately reflect what is available to you.
There are two options for obtaining the prices for a Medicare Supplement Plan N. The first option is by contacting the Department of Insurance in your state of residence, to get a list of the companies that offer Medicare Supplement plans in your state. After you get that list, you can get in touch with each insurance company, and either meet one of their agents in person or talk to them on the phone about their plan rates. Now, doesn’t that sound easy?
There is a much simpler, more customer-friendly approach – that is, to contact a trustworthy, reliable, verified independent Medicare insurance broker. Whether that broker is us or someone else, there are many advantages to using an independent broker. One reason is that you will be able to compare several options in one place while receiving unbiased information. The broker works “for you” and “in your best interest,” based on your needs. The main goal of a broker is to find you a plan that meets your needs and one that you are happy with, not one that will benefit their company financially. [Click here to use us to get Medicare Plan N prices by email]
What Does Plan N Cover?
You might already be familiar with what Medigap Plan N covers. But if not, here’s a brief overview.
First and foremost, here is a chart of the standardized Medigap plans – this chart displays the plans that all insurance companies are permitted to offer. The insurance company, if it wishes to sell Medicare Supplement plans, it must be one or more of the plans shown on this chart.
Plan N covers all the “gaps” in Medicare with the exceptions of:
- The Medicare Part B deductible. The deductible for 2021 is currently $203/year.
- Up to 15% in excess charges
- Up to $20/$50 Copays, Emergency visit copay waived if admitted
In a nutshell, Plan N, will pay the Medicare Part A deductible and 20% coinsurance for both parts of Medicare, but you will be responsible for the Medicare Part B deductible amount, currently $203/year. In addition, your other out-of-pocket costs would be copays of $20 for doctor visits and a $50 copay if you have to go to the emergency room and you are not admitted. If your health care provider does not accept Medicare assignment, then you may incur up to 15% more in Part B excess charges beyond what Medicare would pay.
How Do I Sign Up for a Plan N?
So, once you understand what Plan N covers and have taken a look at Medicare Supplement Plan N rates, the next step would be to compare the choices in your area and then to enroll in a plan. This last step is the most important one, even though it is the easiest one to do.
Forget about having to do a 20+ page insurance application! Those days are long gone (unless you love doing paperwork!). It is customary now that insurance companies offer streamlined online application processes, which are easy and trouble-free. Most importantly, if you are turning 65, you in your initial open enrollment period. This means that during that timeframe, you do not have to answer any medical questions or “qualify” to enroll in a plan.
If you have already chosen an independent broker, he or she can either provide you with the application or send you an online link to review and electronically sign your application for enrollment. However, if you do not already have a broker, you may contact directly the insurance company you want to sign up with and they will (in most cases) put you in touch with a broker who can enroll you. If you are interested in taking advantage of our services and assistance in enrolling, find out what our clients say/why you should work with us and contact us to begin the process.
_____________________
65Medicare.org is a leading, independent Medicare insurance 
agency for people turning 65 and going on Medicare. If you have any questions about this information, you can contact us online or call us at 877.506.3378.