Medicare beneficiaries in the state of Florida find they can lower costs with a Medicare Supplement plan. Some states have specific rules. But, Florida mostly follows the federal guidelines. We understand changes are made regularly, so we update our content to help you keep up with the information you need. Let’s dive into everything you need to know about Medicare Supplement plans in Florida for 2020. We’ll discuss Floridians’ cost, coverage, and eligibility options.

The page has been updated for 2020.

Best Medicare Supplement Plans in Florida for 2020

The best Medigap plans in Florida are Plan F, G, and N. But, these are the top Medigap plans in the nation too.

Plan F covers the most benefits, leaving you with no out of pocket costs. Those with Plan G will cover the Part B deductible themselves. Further, those with Plan N will also pay the Part B deductible and have a few co-payments.

Depending on your Medicare effective date, you might not be eligible for Plan F. But, since Medigap plans in Florida aren’t the cheapest, a lot of beneficiaries go with Plan N or Plan G.

The best Medicare Supplement in Florida is the plan that gives you the most value.

Medicare Supplement Plans for Disabled Under 65 in Florida

You have automatic enrollment in Medicare Part A and B if you have been on Social Security Disability for 24 months.

In Florida, you’re also eligible to sign up for any Medicare Supplement insurance plan. Keep in mind; your premium will be MUCH higher than it would be for someone over 65.

The premium for Plan N for a female under 65 in Orlando would cost over $400 a month. Many people with disabilities opt for a Medicare Advantage plan until they turn 65.

Best Medicare Advantage Plans in Florida

If you’re not eligible or can’t afford Medigap insurance, an Advantage plan could be your solution to preventing high medical bills. Also, those under 65 should consider an Advantage plan since Medigap costs are higher.

Some counties offer Special Needs Medicare Advantage Plans that cater to those with chronic health issues.

Over 40% of Medicare enrollees in Florida chose a Medicare Advantage plan to administer their benefits. There are many $0 premium plans available throughout the state.

Not all counties have the same plans; some areas, like Miami-Dade, have a lot of Advantage plan enrollees. But, Key West has fewer Medicare Advantage enrollees.

While these plans are notorious for being “all-in-one” coverage options, they have rules and restrictions you must follow. Rules can include using in-network doctors and obtaining referrals.

Tip: Many Advantage plans include drugs; if you’re going to choose this option, make sure your plan includes Part D!

Florida Medicare Part D Plans

Florida currently offers 27 different Part D options throughout the state.

For many, Medicare with a Medigap plan and a Part D policy is the ultimate coverage.

Not enrolling in a Part D plan when you’re first eligible could result in penalties.

If you don’t take any drugs, join in the cheapest premium policy to avoid a late penalty.

Part D plans range from less than $20 to over $100. But, don’t judge a policy by the monthly premium.

When looking at costs, consider what you’ll pay out of pocket for your medications.

A plan with a higher premium could benefit someone with several brand name drugs.

Tip: Our agents can run your prescriptions through our price comparison tool and help you identify the most affordable option for YOU.

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