Best Medicare Supplement Plans in Texas 2024
Cigna offers the most competitive rates for Texas Medicare Supplement (Medigap) plans in 2024. Their Plan G stands out with a low monthly rate of just $130.62 in El Paso County, while their Plan N rates are only $100.53 per month in Travis County.
In Texas, more than 931,380 residents enjoy the benefits of Medicare Supplement insurance. Notably, 45% of the population is enrolled in Medigap Plan G, while a comparatively lower 8% have opted for Medigap Plan N.
While searching for the top Medicare Supplement plans in Texas, we only considered options from companies with consistent financial stability.
Contrary to popular opinion, insurance companies new to the Medicare market don’t always offer lower rates; also, their prices often increase more than older, more stable companies.
Therefore, to save yourself money and hassle later, it’s safest to stick with familiar brands that have stood the test of time.
Best Plan G Rates in Texas: Cigna
65: $116.63
70: $122.53
75: $138.64
65: $130.62
70: $137.24
75: $155.27
Cigna Medigap plans include household discounts, a fast underwriting process, high customer satisfaction ratings, and access to their fitness program Silver&Fit, making them a great choice when obtaining a Medicare Supplement insurance plan.
Cigna Medigap Plan G offers many coverage benefits, including: Part B excess charges, Medicare Part A deductible, foreign travel medical emergency care, and Medicare Part B coinsurance. Not only that, it eliminates the need for referrals and network restrictions.
You can use any medical provider participating in the Original Medicare network. Plan G is renowned for significantly reducing out-of-pocket expenses for beneficiaries, making it a highly desirable option.
Note: Monthly premiums quoted here reflect low-to-average rates at the time of writing. This is not a guarantee of coverage or a personalized quote.
Best Plan N Rates in Texas: Cigna
65: $86.49
70: $101.55
75: $114.89
65: $100.53
70: $113.74
75: $128.68
Cigna’s Medigap Plan N allows you to see any doctor who accepts Original Medicare. This plan usually carries less significant rate increases annually than other Medigap plans. Office visits come with a $25 copay, while ER visits have a $50 copay.
Although there are these additional copays, Plan N effectively reduces out-of-pocket expenses, ensuring you have peace of mind.
- Original Medicare Part A and B coinsurance
- Part A deductible
- Emergency care
Note: Monthly premiums quoted here reflect low-to-average rates at the time of writing. This is not a guarantee of coverage or a personalized quote.
What's the Best Medicare Supplement Company in Texas?
The overall best Medigap provider in Texas is Cigna.
In Texas, Cigna Medigap plans are frequently more cost-effective than other options. This is a significant factor contributing to its rising popularity in our review.
However, when selecting the best Medicare Supplement company for your needs, it’s essential to consider each plan letter individually; for instance, Plan N may be priced lower with one provider versus another.
In contrast, Plan G could be better valued with another carrier. In addition, each company carries different strengths and weaknesses depending on its distinct plan offerings.
| Company | Market Share | Plan G Cost | Plan N Cost | Cost by County | Financial Strength |
| Cigna Health Group | 4.71% | $149.60 | $104.61 | Tarrant | A |
| United Health Care | 25.58% | $148.23 | $110.44 | Denton | n/a |
| Aetna Health Insurance Company | 11.42% | $162.27 | $113.45 | Dallas | A |
| Mutual of Omaha | 16.49% | $141.07 | $107.11 | Collin | A+ |
There are ten standardized Medigap plans to choose from in Texas, which can make the decision daunting. Some areas may also offer additional high deductible options for certain plans. Most Medigap plans don’t limit you to specific networks, so you can receive care from any provider that accepts Original Medicare.
To make an informed decision and get the best value, compare companies based on cost and policyholder satisfaction ratings until you find a suitable option that meets your needs.
Is Plan G Better Than Plan C?
When comparing Plan G to Plan C, it’s essential to consider your specific coverage needs. For instance, opting for Plan C would be ideal if you require coverage for the Part B deductible.
On the other hand, if you want to ensure coverage for Part B excess charges, then Plan G would be the most suitable option to consider.
Which Is Cheaper: Medicare Advantage or Medicare Supplement?
Generally, Medicare Advantage plans can have lower monthly premiums but may have higher out-of-pocket costs. Conversely, Medicare Supplement plans usually have higher monthly premiums but can potentially offer lower out-of-pocket expenses.
Therefore, the “cheaper” choice between the two is subjective and primarily depends on individual circumstances and health care needs. In the long run, a Medigap plan is often the wiser choice, given that it eliminates the copays and deductibles that come with a Medicare Advantage plan.
The Bottom Line
- After years of experience assisting individuals in attaining the coverage they need, we have come to love Cigna. Our customers who select them often remain with them for a long time since their customer service is unparalleled. Cigna is one of the Medigap market’s best and most reliable providers.
- Cigna offers unrivaled value, a fast enrollment process, and its track record for prompt claims payment is second-to-none.
Understanding your health insurance needs is vital when selecting a Medicare Supplement plan. To simplify the process, we provide helpful facts and information that will support you in making an informed decision.
With Policy Guide’s assistance, you may access the knowledge and expertise of professional agents. They will help you compare health plans, quotes, and policies to make an informed decision. Let us guide you to find the plan that suits your needs.
Article Sources: Types of Plans | Plan Costs | Texas Medigap Guide | Cigna | Texas AHIP
Frequently Asked Questions
- Is there a Medicare Supplement in Texas that covers everything?
- How much are Medigap plans in Texas?
- Who is the best Medicare Supplement provider in Texas?
