Best Medicare Supplement Plans in South Carolina
Medicare Supplement plans in South Carolina refer to a type of Medicare plan you can purchase to cover certain out-of-pocket costs for which you are responsible under Original Medicare. There are ten supplement plans available to Medicare beneficiaries.
Editor's Pick:
Of the ten plans offered in 2023, Cigna offers the best Medicare Supplement Plan G rates, coming it at only $100.67 per month for the most comprehensive coverage.
Cigna also has the best rates for their Medicare Supplement Plan N at $71.65 per month; perfect for those who want great coverage without compromising value.
And finally, if you're wanting coverage with lowest possible monthly premium, High Deductible Plan G from Mutual of Omaha has excellent rates starting at $37.72. There is a deductible of $2,700 that needs to be met before this plan will cover costs.
Below is a brief overview of what each plan covers.
Cigna Medicare Supplement Plan G
If you're seeking a reliable Medicare Supplement plan with extensive coverage, look no further than Cigna Plan G. This policy covers many out-of-pocket expenses, except for the deductible that comes along with Medicare Part B.
When considering your options, here are several convincing advantages of choosing Plan G:
- Comprehensive benefits include coverage for Part B excess charges, Medicare Part A deductible, and Part B coinsurance.
- No referrals are required.
- Freedom to see any medical provider willing to accept Original Medicare.
Monthly Plan Cost: $100.67
*Prices based on a 65 year old non smoking female living in zip code 29483 South Carolina.
Cigna Medicare Supplement Plan N
Cigna Medicare Plan N is the ideal option for individuals looking to pay lower premiums while still obtaining excellent coverage.
This plan provides a wide range of advantages, such as:
- Skilled nursing facilities
- $0 Part A deductible
- Foreign travel emergency healthcare
- Maximum $20 copay for office visits
- Maximum $50 copay for an ER visit (waived if admitted)
Out of Pocket Expenses:
- Must pay Part B deductible
- Must pay Part B excess charges
- Must pay copays for office visits and ER visits
Monthly Plan Cost: $71.65
*Prices based on a 65 year old non smoking female living in zip code 29483 South Carolina.
Mutual Of Omaha High-Deductible Plan G
- After you've paid the initial deductible of $2,700, your coverage will be on par with a conventional Plan G—and at a much more reasonable price than standard Medicare Supplement Plan G options.
Monthly Plan Cost: $37.72
*Prices based on a 65 year old non smoking female living in zip code 29483 South Carolina.
Cigna Medicare Supplement Plan F
- Cigna Medicare Plan F offers the most comprehensive benefits, including coverage for Part A and Part B deductibles, along with coinsurances. To take advantage of this plan, one must have been enrolled in Original Medicare before January 1st 2020.
Monthly Plan Cost: $132.26
*Prices based on a 65 year old non smoking female living in zip code 29483 South Carolina.
What's the Best Medicare Supplement Company in South Carolina?
Based on our review of several key factors, Cigna is the best Medicare Supplement company in South Carolina.
While Cigna Medigap plans tend to be more affordable in South Carolina, it's not the only factor when selecting the best Medicare Supplement company. For example, depending on your plan letter of choice, one provider might offer Plan N at a lower cost but may be pricier for Plan G; every insurer has its own set of advantages and drawbacks depending on their levels of coverage. For this reason, Cigna remains our top selection during the review process due to its affordability, expansive range of plan choices, household premium discounts, and high customer satisfaction rates.
This chart compares different Medicare Supplement companies to Cigna that are also available in South Carolina, including sample premiums, ratings, and market share:
Cigna
Market share: 6.69%
Plan G cost: $100.67
Plan N cost: $71.65
Financial strength: A
Mutual of Omaha
Market share: 9.70%
Plan G cost: $113.34
Plan N cost: $84.90
Financial strength: A+
Aetna
Market share: 12.56%
Plan G cost: $118.45
Plan N cost: $82.88
Financial strength: A
United Healthcare
Market share: 28.61%
Plan G cost: $115.95
Plan N cost: $85.76
Financial strength: A
For illustrative purposes only: The premiums listed are for a 65-year-old female, non-smoker from a local zip code. Many insurance companies offer household discounts - eligibility for premium discounts can be determined when enrolling in a plan. The AM Best rating determines the financial rating of each carrier. No warranties or guarantees of any kind have been expressed.
How Much Does a Medigap Plan Cost in South Carolina?
The best price for Medicare Supplement Plan G in South Carolina is $100.67 per month with Cigna.
Your age and plan choice will have the most significant impact on your premium.
Here you can see how the prices compare for several different plans:
Medigap Plan
Plan F
Plan G
Plan N
High Deductible G
Plan A
Monthly Cost
$132.26
$100.67
$71.65
$37.72
$94.49
Plan Popularity in South Carolina
60%
45%
25%
15%
8%
Quotes are for sample purposes only. Prices are the average monthly rate in Pennsylvania for a 65-year-old female nonsmoker. Part B start date and or medical underwriting may affect your rate.
When Can I Apply for a Medicare Supplement Plan?
You can purchase Medigap insurance in South Carolina during the Medigap Open Enrollment Period.
Medigap Open Enrollment Period
- It begins the month you turn 65 or older.
- It gives you six months to sign up.
- It is accessible if you have Part B.
- It does not allow insurers to use medical underwriting for approval or pricing decisions.
During the Medigap Open Enrollment Period, you will have the most plan options and likely the best pricing. In addition, you will be able to compare plans, which is essential because costs can differ between plans with the same coverage.
Outside the Medigap Open Enrollment Period, there is no guarantee that a Medicare insurance company in South Carolina will sell you a Medigap plan unless you have guaranteed issue rights.
Guaranteed Issue Rights
Having guaranteed issue rights means that private insurance companies that sell Medigap insurance in South Carolina are required to:
- Offer you at least one of the Medigap policies in South Carolina.
- Waive any waiting period for pre-existing conditions.
- Offer a premium rate that cannot be tied to your health conditions.
Following are examples of situations in which guaranteed issue rights may apply:
- Your employer, retiree, or COBRA insurance policy is ending.
- You are losing Medicare Advantage because the plan has discontinued coverage in your area or is leaving the federal Medicare program.
- You have had Medicare Advantage for less than a year and now want to switch to Original Medicare.
FAQ:
When Can I Change Medigap Plans?
If you decide a different Medigap plan is more suitable, you can change plans anytime. However, your application will go through an underwriting process and can be declined.
You have protection under federal law to switch plans without underwriting if you:
- Have guaranteed issue rights.
- Are you within your six-month Medigap Open Enrollment Period.
Can I Be Denied Medigap Coverage?
Outside the Medigap Open Enrollment Period, insurance companies have the right to use medical underwriting to determine whether or not your application will be approved.
Ready to Learn More?
We help educate Medicare beneficiaries on their Medigap options and help them go through the process of reviewing and comparing plans. We work with some of the nation's top-rated Medigap carriers. So give us a call today, or request a quote online to learn more about Aetna Medicare Supplement plan G and Mutual of Omaha Medicare Supplement plan G in your state.
For over 15 years, Matt Kiggins has been the senior editor at Senior Life Insurance Plans, giving detailed advice on Medicare, life insurance, and dental coverage to thousands of clients in more than forty states. His demonstrated expertise in assisting people with their health plan selection is remarkable — it’s evident that he stands out among competitors as the go-to source for knowledge and support.
Matt holds a resident 2–15 Florida Health & Life (Including Annuities & Variable Contracts) Agent License in Florida, his state license number is P116762 (Issued 10/1/2007).
Article Resources:
- Mutual of Omaha Medicare Supplement Plans
- Cigna Medicare Supplement Plans
- How Much Does a Medigap Plan Cost?
- When Can I Apply for a Medicare Supplement Plan?
- When Can I Change Medigap Plans?
- Can I Be Denied Medigap Coverage?
- CMS Medicare Services
- South Carolina Medicare Supplement Insurance Overview
- South Carolina Medicare Supplement Insurance Guide
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