Searching for Medicare Supplement plans in Arkansas? Let PlanPrescriber be your resource for Arkansas Medicare Supplement information and plan comparisons.
Arkansas residents enrolled in Medicare Part A and Part B have the option to enroll in a Medicare Supplement (Medigap or MedSupp) plan to cover the healthcare costs that Original Medicare does not cover, including deductibles, copayments, coinsurance, and other out-of-pocket costs. In most states, there are ten standardized Medigap policy options, each labeled with a letter with all plans of the same letter offering the same benefits.
The best time for an Arkansas beneficiary to enroll in a Medicare Supplement (Medigap) policy is during the Medigap Open Enrollment Period, which begins on the first day of the month that an individual is both 65 or older and enrolled in Medicare Part B, and lasts for six months. During this time, beneficiaries have a guaranteed issue right to buy any Medigap policy regardless of health status. Insurance companies may not use medical underwriting to deny coverage or charge higher premiums to those with a pre-existing condition. This six month time period may not be replaced or delayed.
To learn more about Arkansas Medigap plans, such as how to buy a policy, beneficiary rights and protections, choosing a plan, or Medicare bills, the State Health Insurance Program (SHIP) is available to help.
Here are some statistics Arkansas residents enrolled in Medicare Supplement:
Additionally, here are some statistics on Medigap premium costs in Arkansas, weighted by enrollment:
Medigap policy benefits in Arkansas do not vary between plans for the same type. However, the costs for each plan will vary depending on which carrier is offering the plan. Arkansas Medicare beneficiaries should first see what Medigap policies are available in their state, decide which plan type is best for their health needs, and then customize their search to find a Medicare Supplement insurance plan charging costs suited for their budget.
Comparison shopping is vital when purchasing a Medigap policy in Arkansas. To start comparing Medicare Supplement plans in Arkansas today, enter your zip code above for a customized list of plans available in your area.
Data provided by the Kaiser Family Foundation.