Kentucky Medicare Supplement Plans

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Are you a resident of Kentucky looking for a Medicare Supplement? Well, we compare rates for Medigap plans in Kentucky from top-insurance companies. But, before we get to that, let’s go over a few key things.

Medigap policies in Kentucky follow standard federal regulations; the benefits Medicare covers, Medigap will cover the balance you’d otherwise pay.

Keep reading to learn more about benefits, costs, and options for Medicare in Kentucky.

How Medicare Supplements Work in Kentucky

Kentucky’s best Medigap plans are the same best plans in the nation. In 2020, the best policies are Medigap Plan’s G, N, and F.

But, 2020 brings new changes to Medigap Plan F eligibility. New beneficiaries cannot buy Plan F after January 1st, 2020.

Plan N is a popular choice because its premiums tend to be lower.

Medicare Supplement plans in Kentucky include Supplement plans that will pay after Medicare pays first.

Each of the plans listed above will cover different health benefits for you.

Medigap Helps Jessie Afford Her Medical Bills

Let’s take a look at Jessi’s Medigap story. Jessie has Medicare and feels that her Part A and B coverage is adequate.

Well, Jessie doesn’t realize how much he’ll have to pay in out of pocket expenses. Jessie doesn’t know that he has COPD.

One day he’s out taking a walk. Without warning, Jessie begins to experience shortness of breath and chest tightness. An ambulance rushes Jessie to the hospital, where he’ll stay for five days.

The average cost of an inpatient hospital stay in Kentucky is over $1,500 a day. Even with Medicare, the cost could be unbearable.

Unfortunately, this example is real for many people. The fear of medical prices can make it difficult for Jessie to focus on feeling better.

Jessie will have to pay the Part B deductible for the ambulance ride. Jessie will then need to pay the remaining costs for the ambulance bill.

Once he’s an inpatient in the hospital, he must meet his Part A deductible. Jessie will then need to pay the remaining costs for the hospital stay.

Jessie could be responsible for large bills. Thankfully, Jessie spoke with an agent that suggested he buy a Medigap Plan G policy.

Now, he won’t have to pay anywhere near the amount he would’ve otherwise had to pay.

Kentucky Medigap Eligibility

Just like other states in the U.S., Kentucky Medigap eligibility is pretty much the same. Meaning, you need Part A and B to qualify.

The best time to enroll would be during the Medicare Supplement Open Enrollment Period.  Federal law allows you to join within a six-month timeframe that will begin the month you turn 65.

But, you can enroll in a Medicare Supplement plan anytime, there may just be a few underwriting questions to answer. Our agents are professionals and experts. If you have a health condition, working with one of our agents will make it easier for you to identify if there are plan options for you.

Kentucky Medicare Supplement Plan Premiums

The cost of a Medigap plan will vary. The price changes depending on where you live. In Louisville, a 65-year-old man can expect to pay less than $120 a month for Plan G. Or, less than $45 a month for High Deductible Plan G.

Now, age does play a part, so if you’re over 65, you can expect slightly higher costs. For example, a 75-year-old man would pay over $55 a month for the same High Deductible Plan G.

So, the truth is, the most accurate quote you can get is through an agent.

Medicare Advantage Plans Available in Kentucky Medicare Advantage in Kentucky

Medicare Advantage premiums in Kentucky can range from $0- $140 each month. In 2020, over 30% of Kentucky beneficiaries bought an Advantage plan.

Advantage policies offer the Maximum Out Of Pocket. Essentially, this protects you from paying over a certain amount.

Perhaps you qualify for Medicare because of a disability but aren’t yet 65. Kentucky doesn’t require insurance companies to offer Medigap plans for anyone under 65.

So, insurance companies that do sell Medigap before 65 can charge higher premiums. A Medicare Advantage plan may be your best bet in a situation like this.

Some Advantage plans have plans for those with disabilities, like diabetes. Disability-friendly Advantage plans are Special Needs Plans.

If you qualify for this plan, then you can enroll using a Special Enrollment Period.

Part D Prescription Plans in Kentucky Kentucky Medicare Part D Prescription Drug Plans

Part D drug plans in Kentucky can cost anywhere from $13 -$75 each month.

A drug plan covers a portion of your Medications.

Guidelines for Part D are federal, each plan must meet requirements; such as the six protected classes.

Like all other states, if you don’t choose a policy upon eligibility, you’ll incur a penalty.

We suggest comparing your prescriptions to the formularies and finding out which policy will cost you the least amount over the course of the year.

Include premiums, copays, coinsurances, and deductibles.

Our agents will help you identify the best Part D policy.


How to apply for Medicare in Kentucky
When you’re ready to apply for Medicare in Kentucky, rest assured it should be an easy process. You’ll need to apply through Social Security. You can call your local Social Security office for further instructions.
Does Kentucky Medicare cover the shingles vaccine?
Unless you have a drug plan, Kentucky Medicare won’t cover the shingles vaccine. Neither Part A nor B will offer coverage. So, you may want to buy a Part D policy.
Does Medicare pay for assisted living in Kentucky?
Medicare will not cover assisted living facility stays in Kentucky.
Does Medicare cover routine dental care in Kentucky?
Medicare doesn’t generally cover routine dental care in Kentucky. In a genuine emergency, you may receive cover through Medicaid if you qualify.

How to Compare Medicare Supplement Plans in Kentucky

Let our team of agents help find the right plan for you. We’re a team of experts with access to the best carriers.

In just a few minutes, your agent can give you access to more plan options. Call us today at the number above to start now!

Or, fill out an online rate form and discover your rates today!

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