The Georgia Medigap plans have specific rules and regulations to follow. The good news is the Medigap rules are pretty simple. The Peach State has 8 Medicare Supplemental plans available to those who qualified after 2020. Let’s go over all the rules and give you some hints on how to make the best decision for your Georgia Medigap plan.
When should you enroll in a Georgia Medigap plan?
Right away! What do we mean by that? You have one Georgia Medigap initial Open Enrollment Period when you are first eligible* for Medicare Part B. This is the main time Georgians can enroll without their preexisting conditions being considered for enrollment. During this time you cannot be charged more or denied based on health issues (tobacco usage can increase your Medigap rate).
*Note: You can delay Medicare Part B if you have coverage through work and still be approved without medical underwriting when you end your work coverage.
How to choose a Georgia Medigap plan
Let’s start off by giving you the biggest hint: As of 2020 the majority of Georgians enroll in Medigap Plan G. (source) The reasoning behind this choice is Medigap G fills in the most gaps of Original Medicare Part A & B’s costs at a fair price. Plan G can cost more per month than other lettered plans, but if you get sick or injured, Plan G can save you a lot of money.
If Plan G is out of your budget, you’ll want to look at the chart below, to see what you need covered and which coverage you can forego. Then get a Medigap quote. See, easy!
| Benefits | A | B | D | G*** | K | L | M | N |
|---|---|---|---|---|---|---|---|---|
| Medicare Part A Deductible ($1,600) | 100% | 100% | 100% | 50% | 75% | 50% | 100% | |
| Part B Deductible ($226) | ||||||||
| Medicare Part A Hospital Coinsurance and 365 additional hospital days | 100% | 100% | 100% | 100% | 100% | 100% | 100% | 100% |
| Medicare Part B Coinsurance | 100% | 100% | 100% | 100% | 50% | 75% | 100% | 100%* |
| First 3 Pints of Blood for a Transfusion | 100% | 100% | 100% | 100% | 50% | 75% | 100% | 100% |
| Medicare Part A Hospice Coinsurance or Copay | 100% | 100% | 100% | 100% | 50% | 75% | 100% | 100% |
| Skilled Nursing Facility Coinsurance | 100% | 100% | 50% | 75% | 100% | 100% | ||
| Medicare Part B Excess Charges | 100% | |||||||
| Foreign Emergency Healthcare | 80% | 80% | 80% | 80% | ||||
| Max Out-of-Pocket | $6,940 | $3,470 |
Get a Medigap Quote Enroll in Medigap
***Hint 3: Medigap Plan G High deductible ($2,700) is a good monthly money-saving option for those who want full coverage when they’re seriously ill or injured but are currently healthy.
REMINDER: Medigap Plan C and Plan F are the only options for those Part B-eligible prior to January 1, 2020.
Georgia Medigap discounts
Georgia Medigap Plans offer a few discounts. Sometimes there are additional discounts offered by some insurance providers but these two are offered by most Medigap insurance providers (click on each to learn more details):
You can (most likely) keep your GA Medigap plan if you move
Most Medigap plans are portable from state to state, and Georgia is no exception to that. However, there are three states that have their own Medigap rules and models. If you move to one of these states, you will have to disenroll from your Georgia Medigap plan, enroll in their plan, and, don’t worry, this triggers a Medigap guaranteed issuance period.
Three states have their own Medigap model:
- Massachusetts Medigap plans
- Minnesota Medigap plans
- Wisconsin Medigap plans
What now, Georgia?
You’ve probably already done it. You’ll want to get a Medigap quote and enroll.
If you have any questions (nothing is insignificant), leave a comment below or give one of our licensed agents a call at 800-930-7956.
Our agents NEVER charge you a fee for a quote or to enroll you in a plan. No one can sell you the same plan for less than the prices available here on Senior65.com.