The Best Medicare Supplement (Medigap) Plans in Virginia
- Virginia Medicare Supplement (Medigap) insurance helps cover Medicare-related expenses such as copays and deductibles. Learn more about Medicare Supplement plans in Virginia, including what they might cover and when the best times are to enroll.
Medicare Part A and Part B coverage is known collectively as Original Medicare. Medicare Supplement Insurance plans help pay for costs like deductibles and copays that are not fully covered by Original Medicare. These plans are often called Medigap plans because they offer financial assistance in filling in the gaps in coverage left by Original Medicare.
Over 40% of Original Medicare beneficiaries in Virginia are enrolled in a Medicare Supplement plan.
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Talk to a licensed agent today to find a plan that fits your needs.
What Are the Best Virginia Medicare Supplement Plans?
There are 10 different types of standardized Medicare Supplement Insurance plans available in most states, including Virginia.
Each of these plans is referred to by a letter and is standardized. This means that your Medigap Plan A insurance coverage will be the same regardless of which insurance company you choose.
Medicare Supplement Benefits | A | B | C1 | D | F1 | G | K | L | M | N |
Part A coinsurance and hospital costs | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ |
Part B coinsurance or copayment | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | 50% | 75% | ✓ | ✓ |
First 3 pints of blood | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | 50% | 75% | ✓ | ✓ |
Part A hospice care co-insurance or co-payment | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | 50% | 75% | ✓ | ✓ |
Co-insurance for skilled nursing facility | ✓ | ✓ | ✓ | ✓ | 50% | 75% | ✓ | ✓ | ||
Medicare Part A deductible | ✓ | ✓ | ✓ | ✓ | ✓ | 50% | 75% | 50% | ✓ | |
Medicare Part B deductible | ✓ | ✓ | ||||||||
Medicare Part B excess charges | ✓ | ✓ | ||||||||
Foreign travel emergency | 80% | 80% | 80% | 80% | 80% | 80% | ||||
1. Plans C and F are not available to new beneficiaries who became eligible for Medicare on or after January 1, 2020. 2. Plans F and G also offer a high deductible plan which has an annual deductible of $2,800 in 2024. Once the annual deductible is met, the plan pays 100% of covered services for the rest of the year. The high deductible Plan F is not available to new beneficiaries who became eligible for Medicare on or after January 1, 2020. 3. Plan K has an out-of-pocket yearly limit of $7,060 in 2024. Plan L has an out-of-pocket yearly limit of $3,530 in 2024. 4. Plan N pays 100% of the Part B coinsurance, except for a copayment of up to $20 for some office visits and up to $50 for emergency room visits that don’t result in an inpatient admission. View an image version of this table. |
Certain basic features will be included in every Virginia Medigap plan. Medicare Part A coinsurance, for example, is included in every Medicare Supplement Insurance plan. Part B coinsurance is also covered, but not every plan covers it at 100%. Your Medigap plan will cover an additional year of hospitalization costs to supplement the benefits covered by Medicare. Some of your deductible expenses may also be covered by your Medigap insurance policy.
For most Virginia Medicare recipients, Plans F, G and N offer affordable premiums and many of the most-wanted features in the Medigap marketplace. The high-deductible versions of Plan F and G offer solid value for Medicare recipients, and Plan N features much lower copays for Medicare-covered services that include emergency room trips and visits to your regular physician.
Not all plans are available to those newly eligible for Medicare. Provisions in the 2015 Medicare Access and CHIP Reauthorization Act eliminated the ability to enroll in Medigap Plans C and F for anyone who first became eligible for Medicare on or after January 1, 2020. If you were eligible to enroll before that date, however, you can still obtain Medigap coverage under Plan C or Plan F for as long as these plans are offered for purchase in Virginia.
Have Medicare questions?
Talk to a licensed agent today to find a plan that fits your needs.
How Do I Enroll in a Virginia Medigap Plan?
For most people, the best time to enroll in Medigap coverage is during your Medigap open enrollment period. Your Medigap open enrollment period starts when you are at least 65 years old and are enrolled in Medicare Part B.
During this time, you will enjoy added access to Medigap options:
- You will be able to enroll in any plan available in Virginia without worrying about pre-existing conditions. Insurers must accept and approve your application for the Medigap plan you choose during this six-month period.
- You will pay premiums equivalent to those paid by a person with no pre-existing conditions for your plan.
Once this initial period of eligibility is over, however, insurers are free to use their own risk assessment and underwriting processes to approve or to deny your application for Medigap coverage based on any pre-existing conditions you may have, unless you qualify for guaranteed issue rights.
Guaranteed issue rights are available to allow you to buy Medigap plans on the same terms that were available to you during your initial eligibility.
Helpadvisor.com is owned and operated by Tranzact, the parent company of TZ Insurance Solutions LLC, which is the owner/operator of MedicareSupplement.com and other websites mentioned on HelpAdvisor and which has a financial relationship with some of the carriers listed on HelpAdvisor.