What's the Best Medicare Supplement Plan in North Carolina?
ACE Insurance Company and Aetna offer the best Medicare Supplement plans – with the most affordable rates – in North Carolina.
Plan G is the most comprehensive plan, and ACE has the lowest rate at $112.50 per month in Wake County, while Aetna offers competitive rates for Plan N at just $87.63 in Guilford County. Benefits from both plans include household discounts, affordable monthly premiums, and high customer satisfaction rates.
-
Best Plan G: ACE
Plan G: $112.50 per month (average)
Company Highlights:
- Lower premiums in NC compared to others
- Strong stability with an A++ rating
- 7% discount for eligible members
- No network restrictions
-
Best Plan N: Aetna
Plan N: $87.63 per month (average)
Company Highlights:
- Lower premiums by up to 6% in NC
- Guaranteed renewable policies
- 7% discount for eligible members
- Dental and vision options
More than 494,578 residents of North Carolina have benefitted from the comprehensive coverage of Medicare Supplement insurance. An impressive 204,699 people opted for Plan G, which reflects its remarkable popularity and high satisfaction among its members.
Additionally, Plan N garnered enrollment from more than 32,239 beneficiaries, solidifying its position as the second most favored plan.
We researched the most financially feasible Medicare Supplement plans in North Carolina, focusing on companies with long-term financial stability.
It’s worth noting that newer insurance companies may offer lower rates to start and could unexpectedly increase prices. Sticking with reputable brands is recommended to save money and avoid potential issues.
Best Plan G Rates: ACE
65: $100
70: $101.50
75: $120.58
68: $112.50
70: $114.17
75: $135.67
ACE’s Medigap Plan G offers a wide range of benefits encompassing coverage for Part B excess charges, the Medicare Part A deductible, and Part B coinsurance. What sets this plan apart is its flexibility.
No referral restrictions exist, and you can choose any provider without being limited by networks (as long as they participate in the Original Medicare network).
Unlike a Medicare Advantage plan, Plan G benefits never change.
- Original Medicare coinsurance
- Part A deductible
- Foreign travel
- Part B excess charges
- Emergency care
Best Plan N Rates: Aetna
65: $76.22
70: $85.30
75: $100.71
65: $87.63
70: $98.13
75: $115.79
- Medigap Plan N allows you to visit any doctor that accepts Original Medicare
- Benefits never change
- $25 copay for office visits
- $50 copay for ER visits
- Optional dental and vision insurance is available for an additional cost
- Original Medicare Part A and B coinsurance
- Part A deductible
- Emergency care
Some Aetna plans may also offer coverage for Attain by Aetna, a fitness and wellness program.
What's the Best Medicare Supplement Company in North Carolina?
The overall best Medigap providers in North Carolina are ACE and Aetna.
These companies offer Medigap plans that are more affordable in North Carolina, which is why they are popular in our review process. The ideal Medicare Supplement company varies depending on the specific plan letter you are considering.
Plan N may have cheaper rates offered by one company, while Plan G may be more affordable with another company. Each company has its advantages and disadvantages based on its plan levels.
| Company | Market Share | Plan G Cost | Plan N Cost | Cost by County | Financial Strength |
| ACE Insurance Company | 0.31% | $112.50 | $84.83 | Wayne | A+ |
| Allstate Health Solutions | 0.01% | $119.64 | $90.75 | Catawba | A+ |
| Aflac | 0.07% | $119.63 | $90.60 | Caldwell | A+ |
| Blue Cross Blue Shield NC | 34.12% | $117.50 | $105.25 | Forsyth | A |
| Aetna Health Insurance Company | 7.63% | $127.28 | $87.63 | Cumberland | A |
| Cigna Health Group | 2.80% | $126.05 | $90.18 | Mecklenburg | A |
| Mutual of Omaha | 17.10% | $126.39 | $92.51 | Durham | A+ |
| Accendo (CVS and Aetna affiliate) | 0.61% | $142.44 | $95.96 | Buncombe | A |
There are ten standardized Medigap plans in North Carolina, all with the same coverage regardless of your chosen company. Furthermore, there may also be a high deductible Medigap option in some areas.
Many plans do not have specific networks, allowing you to receive care from any provider that accepts Original Medicare. To simplify the process of selecting an insurance provider, compare costs and policyholder satisfaction ratings from each company.
Medigap Cost in North Carolina
Premiums for a North Carolina Medicare Supplement plan can cost as little as $40 or as much as $150 depending on your age and the level of coverage you choose.
| Medigap Plan | Monthly Cost | Cost by County | Enrollment in North Carolina | ||
| Plan F | $127.25 | Union | 45% | ||
| Plan G | $112.50 | Cabarrus | 41% | ||
| Plan N | $84.83 | New Hanover | 7% | ||
| High Deductible G | $40.47 | Johnston | 1% | ||
| Plan A | $116.62 | Gaston | 0.41% | ||
Can Medigap Providers Deny Coverage?
Federal law states Medigap insurance providers can only refuse coverage in specific situations. During your Medigap Open Enrollment Period, you can purchase any Medigap policy available in your state, regardless of your health conditions.
However, if you apply for a Medigap plan outside of this enrollment period, the insurance company can assess your application using medical underwriting to determine if they will accept it and how much they will charge for the policy.
Do Medigap Plans Require Prior Authorization?
Unlike Medicare Advantage plans, Medigap, also known as Medicare Supplement Insurance, does not typically require prior authorization for medical services. However, it’s important to note that while Medigap won’t require prior authorization, the healthcare provider, hospital, or facility providing the service may require it based on Original Medicare’s rules. Always consult with your healthcare provider or insurance company for specific details.
-
Did You Know?
Tobacco rates are not applicable during Open Enrollment season or in guaranteed issue situations in North Carolina. This allows individuals to secure health insurance coverage without being denied or subjected to higher premiums because of tobacco use.
Bottom Line
We have ample experience helping Medicare beneficiaries and acknowledge that an “ideal” Medicare Supplement plan in North Carolina does not exist.
To find the right Medicare Supplement insurance plan, it’s crucial to have a clear understanding of your healthcare needs. We can help you in this journey by providing factual information to help you make an informed decision.
With years of industry experience and a commitment to helping individuals find coverage, our admiration for ACE and Aetna has grown stronger. Clients who choose them tend to remain loyal due to their exceptional service.
In terms of value and efficiency in enrollment, these providers are unrivaled. Moreover, their reputation for prompt claims payment is impeccable.
Article Sources: Types of Medigap Plans | When Can I Apply? | NC Premium Comparison | NC Medigap Info | Aetna Medigap | BCBSNC Medigap | NC AHIP
Frequently Asked Questions
- Is there a Medicare Supplement that covers everything?
- How much is Plan G in North Carolina?
- Who has the best Medicare Supplemental insurance in North Carolina?
