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Medicare Supplement Plans in Oklahoma for 2022


Medicare Supplement plans in Oklahoma help cover the costs Medicare Part A and Part B leave behind. Original Medicare does not cover 100% of your healthcare costs, so a Medicare Supplement (Medigap) plan can be a sound financial decision.

Medicare Supplement Plans in Oklahoma are the same as those throughout most of the country. Yet, it can be helpful to know more about how Medigap works, specifically in your state. Below, we explain how you can utilize a Medicare Supplement Plan in Oklahoma.

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What are the Best Medicare Supplement Plans in Oklahoma?

When comparing Oklahoma Medicare Supplement plans, it i’s essential to remember that regardless of the carrier, the letter plan benefits will be the same. The only difference is what the provider charges in monthly premiums. Therefore, the best Medicare Supplement plans in Oklahoma are Medigap Plan F, Plan G, and Plan N.

Medicare Supplement plans can be used with any practitioner who accepts Original Medicare, regardless of your plan’s carrier. Also, you will never need a referral for a specialist, and your benefits will cover you the same anywhere in the U.S.

Even though you have up to 12 plan options in Oklahoma, you will find that one of the three top plans may be best for you.

Medicare Supplement Plan F covers 100% of the costs left behind by Original Medicare but is only available to a select group of people. If you received Original Medicare after January 1, 2020, you are not eligible for the plan and will need to choose another option.

Medigap Plan G is the second-most comprehensive plan, covering all the same benefits as Medigap Plan F except for the Medicare Part B deductible. However, once you meet the annual deductible, Medicare Supplement Plan G covers you at 100%.

Lastly, Medicare Supplement Plan N helps cover the costs Medicare Part A and Medicare Part B leave behind – apart from the Medicare Part B deductible. Additionally, with Medigap Plan N, you will be responsible for $20 copayments at the doctor or specialist, $50 copayments at the ER if you are not admitted, and Medicare excess charges if applicable.

After reviewing these three plans, you can decide which best meets your healthcare needs and budget.

How Much Do Medicare Supplement Plans in Oklahoma Cost?

The cost of your Medicare Supplement plan in Oklahoma depends on multiple factors. Thus, what you pay for your plan each month may not be the same as what your neighbor down the street pays for the same plan.

Additionally, most Medigap carriers in Oklahoma use the attained-age rating system. This rating system means your premiums are based on your current age and change each year accordingly.

The good news is that Oklahoma is not one of the most expensive states for Medicare Supplement plans. Below, you can review the example premium chart for a 65-year-old female in the top three plans compared to a 75-year-old male for the same plans in the same Oklahoma ZIP Code.

Female, No Tobacco, Oklahoma ZIP Code 73099
Medigap Plan Monthly Premium Age 65 Monthly Premium Age 75
Medicare Supplement Plan F $115-$396* $140-$552
Medicare Supplement Plan G $99-$363 $118-$477 
Medicare Supplement Plan N $71-$362 $86-$379
Male, No Tobacco, Oklahoma ZIP Code 73099
Medigap Plan Monthly Premium Age 65 Monthly Premium Age 75
Medicare Supplement Plan F $115-$447* $161-$635
Medicare Supplement Plan G $107-$409 $133-$549
Medicare Supplement Plan N $81-$408  $98-$436 

*Plan F is only available to those who enrolled in Medicare before January 1, 2020.

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Who is Eligible to Enroll in Medicare Supplement Plans in Oklahoma?

To be eligible for a Medicare Supplement Plan in Oklahoma, you must have both parts of Original Medicare. Medicare Part A and Part B are the basis for any Medicare Supplement plan. Thus, they are necessary for enrollment.

Once you sign up for Medicare Part B, you get a Medicare Supplement Open Enrollment period. During this time, you have six months to enroll in any Medicare Supplement plan without having to answer underwriting health questions.

Not answering health questions means that your pre-existing conditions and current health status do not affect your eligibility for a plan, and the carrier cannot deny coverage.

Once your Open Enrollment Period is over, you can still enroll in a Medigap plan at any time. However, you now must answer underwriting health questions. This means that a carrier may deny you coverage for any reason.

The only way around health questions outside your Open Enrollment Period is to become eligible for a Special Enrollment Period. This happens when a life-changing event occurs, like loss of coverage, moving out of your plan’s service area, loss of Medicaid, etc. During this time, you get guaranteed issue rights that allow you to bypass medical underwriting.

Does Oklahoma Allow Medicare Excess Charges?

Some states do not allow Medicare excess charges. However, Oklahoma is not one of these states. If you receive Medicare Part B services in Oklahoma, you may be subject to paying excess charges.

Although these charges are rare, it is essential to know that they exist and may impact you in the future.

So, what are Medicare excess charges? An excess charge is a fee on top of the Medicare-approved amount for physicians who do not accept Medicare assignment. Excess charges can be up to 15% above the amount Medicare approves.

Most doctors who accept Original Medicare also accept Medicare assignment. However, as a precaution, before receiving care from a new doctor, it is always wise to ask if they take Medicare assignment. If they say yes, you will not need to worry about excess charges.

Oklahoma Medigap Plans for Disabled Beneficiaries Under 65

There is no federal law mandating carriers offer Medicare Supplement plans to Medicare beneficiaries under 65 due to disability. Thus, it is up to each state.

Oklahoma Department of Insurance requires companies offering Medicare Supplement plans in Oklahoma to provide at least one Medigap plan option to disabled beneficiaries under age 65.

However, enrolling in a Medicare Supplement plan is often more expensive when you are under 65. Therefore, it might be more beneficial to enroll in a Medicare Advantage plan and switch to Medigap during your second Initial Enrollment Period when you turn 65.

Additional Medicare Coverage Options in Oklahoma

If, after reviewing Medicare Supplement plans in Oklahoma, you decide Medigap is not suitable for you, you still have options. Medicare Part C, or Medicare Advantage, plans are also available in the state to help reduce your out-of-pocket costs with Original Medicare.

However, these plans often have higher out-of-pocket maximums and will require larger copayments when receiving care. However, the upside to these plans is the additional benefits like dental, prescription drugs, hearing, and wellness.

If you decide to enroll in a Medicare Supplement plan and wish to also have the above benefits, you can enroll in stand-alone dental, vision, and hearing plans. You can obtain a Medicare Part D prescription drug plan for prescription benefits.

Medicare Part D is available to anyone on Original Medicare. These plans, available through private insurance companies, help pay for the cost of prescription drugs. Enrolling in a drug plan as soon as you are eligible is vital to avoid late penalties.

Oklahoma Medicare Supplement FAQs

Can Medicare beneficiaries get a Supplement in Oklahoma under 65?
Yes. Even though federal law does not require insurance companies to offer Medigap plans to disabled beneficiaries, Oklahoma state law requires them to offer at least Plan A.
Does Aetna have a Medicare Supplemental plan for Oklahoma residents?
Yes, Aetna offers Medicare Supplement plans in Oklahoma.
Do Oklahoma Medicare Supplement plans have networks?
No, Medigap plans do not have networks in any state. Although, you should make sure your practitioners of choice accept Medicare assignment.

How to Apply for a Medicare Supplement Plan in Oklahoma

Enrolling in a Medicare Supplement plan in Oklahoma does not need to be a hassle. You can find the best coverage in your area over the phone with a licensed agent who can access all top-rated plans and carriers. We work with clients nationwide and can help you find the policy that fits all of your needs.

Give us a call at the number above to get started. If you would like us to start preparing your free rate comparison now, fill out our online rates form. Our team looks forward to finding the right coverage for you now and being there for you in the future

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Sources:

MedicareFAQ is dedicated to providing you with authentic and trustworthy Medicare information. We have strict sourcing guidelines and work diligently to serve our readers with accurate and up-to-date content.

  1. Medicare Supplemental Insurance, OK Insurance . Accessed July 2022.
    https://www.oid.ok.gov/consumers/information-for-seniors/
  2. Information for Seniors, OK Insurance . Accessed July 2022.
    https://www.oid.ok.gov/consumers/information-for-seniors/senior-health-insurance-counseling-program-ship/supplemental-insurance/

Jagger Esch

Jagger Esch is the Medicare expert for MedicareFAQ and the founder, president, and CEO of Elite Insurance Partners and MedicareFAQ.com. Since the inception of his first company in 2012, he has been dedicated to helping those eligible for Medicare by providing them with resources to educate themselves on all their Medicare options. He is featured in many publications as well as writes regularly for other expert columns regarding Medicare.

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