Medicare Supplement Plans in New Hampshire

What Are Medicare Supplement Plans in New Hampshire?

Medicare is a federal health insurance program for individuals aged 65 and older, as well as younger people with qualifying disabilities or health conditions (e.g., end-stage renal disease).

Original Medicare, which includes Part A (Hospital Insurance) and Part B (Medical Insurance), covers many healthcare services. However, it still leaves you with out-of-pocket costs like deductibles, coinsurance, and copayments. Medicare Supplement plans help pay for these expenses.

Medigap plans are standardized by letter (A through N). That means Plan A from one company offers the same benefits as Plan A from another, though premiums may differ.

Learn how these plans work and how they benefit residents of New Hampshire.

When Can You Enroll in a Medicare Supplement (Medigap) Policy?

You can apply for a Medigap plan at any time. However, outside of your Medigap Open Enrollment Period—or without guaranteed issue rights—insurers may use your health history to deny coverage or charge higher premiums.

Your Medigap Open Enrollment Period lasts for six months. It starts the month you’re both age 65 (or older) and enrolled in Medicare Part B. During this time, insurance companies must offer you any plan they sell at standard rates, regardless of your health.

This is the ideal time to enroll because it gives you the widest choice of plans and the best rates.

Guaranteed issue rights arise from specific situations, like losing other health coverage. If you qualify, insurers must sell you a policy and can’t charge more due to your health status.

What Are the Most Popular Medicare Supplement Plans?

Nationwide, the most common Medigap plans are:

• Plan F – Offers the most comprehensive coverage, but is only available to those eligible for Medicare before January 1, 2020.
• Plan G – Covers almost everything Plan F does, except the Medicare Part B deductible.
• Plan N – Covers most major costs but has copayments for some doctor and ER visits, and does not cover Part B excess charges.

How Do You Choose a Medicare Supplement Plan?

Decide on a plan letter (e.g., G or N) based on your healthcare needs and budget.

Explore plan options online or call a licensed insurance agent for guided assistance.

Compare premiums for the same plan across insurers. The benefits are identical, but pricing differs due to:

• Attained age rating: Premiums increase as you age.
• Issue age rating: Premiums are based on your age when you first buy the plan.
• Community rating: Everyone pays the same premium regardless of age.

Always compare “apples to apples” — for example, Plan G with one insurer vs. Plan G with another.

How Much Do Medigap Policies Cost?

Medigap premiums in New Hampshire vary based on:

• Your age and gender
• Tobacco use
• Plan type
• Pricing method used by the insurer

What If You Want to Change Your Medicare Supplement Plan?

You can apply to change Medigap policies at any time. But unless you have guaranteed issue rights, insurers may underwrite your application based on your health.

What Are Alternatives to Medicare Supplement Plan?

Medicare Advantage plans, also known as Part C, are an alternative to Original Medicare, offered by Medicare-approved private insurance companies.

These plans include Medicare Part A (hospital) and Part B (medical), and most also include Part D (prescription drug coverage). Many plans offer added benefits like routine dental, vision, hearing, and fitness programs.

Instead of buying a Medigap and a Part D plan separately, you may consider an all-in-one Medicare Advantage plan.

Learn more about New Hampshire Medicare Advantage plans.

Medicare Part D?

Medicare Part D plans offer standalone prescription drug coverage.

Who needs it: If you’re enrolled in Original Medicare (Parts A and/or B) and want drug coverage, you typically buy a separate Part D plan.

What it covers: Prescription medications. Coverage and cost vary by plan.

How it’s offered: Through private insurance companies approved by Medicare.

Not needed if: You’re enrolled in a Medicare Advantage plan that already includes drug coverage (MAPD).

Do Medigap Plans Cover Prescription Drugs?

No. Medigap plans do not cover prescription drugs. You’ll need a separate Medicare Part D plan for that.

Medicare Resources in New Hampshire

Residents of New Hampshire can get free, personalized help through the following programs:

• State Health Insurance Assistance Program (SHIP): Offers one-on-one Medicare counseling.
• New Hampshire Insurance Department: Handles complaints and regulatory oversight for Medigap insurers.
• New Hampshire Medicaid Program: Provides health coverage for low-income individuals and may coordinate with Medicare.

Next Steps

If a Medicare Supplement plan in New Hampshire fits your needs, take the next step by comparing plans available in your area. You can browse options online or connect with a licensed insurance agent for expert guidance and personalized support.