Medicare can be a bit confusing, but Tennessee Medicare Supplement plans help eliminate some confusion. The federal government standardizes Medigap plans. Standardized means that the coverage is identical no matter where you live or your insurance carrier.
Medigap plans work with Traditional Medicare to help cover your costs. There are ten levels of coverage from which to choose. Essentially these plans pay all or a portion of your out-of-pocket expenses.
Throughout this article, we’ll show you the amount of Tennessee Medicare beneficiaries enrolled in each plan. Next, we’ll review each plan letter’s lowest and highest rates. Then, we’ll discuss the top insurance carriers offering Medigap plans and answer some frequently asked questions. Finally, we’ll tell you how to get help choosing and enrolling in a Medicare Supplement plan.
Tennessee Medigap enrollment & coverage chart per letter plan
Tennessee has a lot of rural lands, making Medicare Supplements even more desirable. Since there is more distance to travel to get to your healthcare providers, the ability to go to any doctor without the restrictions of a network is priceless. Coupled with the fact the Medigap plans are very affordable in the state.
Tennessee has 308,067 Medicare beneficiaries enrolled in a Medicare Supplement program. That translates to 34.6% of all beneficiaries enrolled in Medicare.
| PLAN | A | B | C | D | F | G | K | L | M | N |
| 2,475 | 1,986 | 13,664 | 5,390 | 175,561 | 70,799 | 1,106 | 487 | 55 | 21,002 |
What are the best Medigap plans in Tennessee?
As you can see above, the most popular plans in Tennessee are Plan N, Plan G, and Plan F. They combine for 267,362 of 308,067 Tennessee residents enrolled in a Medicare Supplement plan. That’s a whopping 87% of all Medigap enrollees in the state.
Medigap plan coverage chart for Tennessee
As mentioned above, these plans are standardized, and the coverage is the same no matter where you’re. The benefits shown below remain the same regardless of the state you live in.
Medicare Supplement plans costs in Tennessee
The only difference between company-to-company and state-to-state is the monthly premiums. Several factors can affect the cost of your plan. Among those factors, your age, location, and health history, such as smoking, affect the rate the most.
What’s the average cost for a Medicare Supplement plan in Tennessee?
The cost of Medicare Supplement plans in Tennessee varies due to several factors. The monthly premiums range from $70 to $145.
Lowest premium per Medigap letter plan in Tennessee
Below we will show the lowest-cost Medicare Supplement plans.
The rates shown below are for a woman that’s 65 years old. Rates are based on your area, so your rates could vary slightly.
| PLAN | A | B | C | D | F | G | K | L | M | N |
| Premium | $55 | $110 | $118 | $108 | $111 | $98 | $48 | $61 | $71 | $73 |
Highest premium per Medigap letter plan in Tennessee
In the illustration below are the highest rates you’ll see for Medigap plans in Tennessee. Like the chart above, prices are based on where you live, so your rates could vary. The rates shown in the illustration below are based on a 70-year-old male.
| PLAN | A | B | C | D | F | G | K | L | M | N |
| Premium | $271 | $339 | $415 | $304 | $418 | $384 | $149 | $243 | $302 | $355 |
Top Medicare Supplement plan carriers in Tennessee
Next, we’ll show some rates of Tennessee’s top Medicare Supplement companies. The rates shown are based on a 65-year-old female.
| CARRIERS | PLAN F | PLAN G | PLAN N |
| Slbi | $111 | $99 | $73 |
| Cigna | $117 | $113 | $73 |
| New Era | $124 | $104 | $77 |
| US Fire Insurance | $123 | $102 | $78 |
| Medico | $122 | $101 | $78 |
Cities in Tennessee with estimated premiums for Medicare supplemental coverage
Medigap plans are excellent additional health coverage but have an extra monthly cost. Here are some charts for the following cities in Tennessee that illustrate projected premiums:
FAQs
Which Medicare Supplement Plan in Tennessee has the most coverage?
Plan F offers the highest coverage level for Medigap plans. It pays all of your cost-share from Original Medicare. If you’re new to Medicare, Plan G is your most comprehensive plan.
What’re the most popular Medigap plans in Tennessee?
Plans F, G, and N make up about 87% of all Medicare Supplement enrollments in Tennessee. Plan F is the most popular plan for beneficiaries that were on Medicare before 2021, and Plan G is the most popular plan for people new to Medicare. Medigap Plan N is a popular option for financially savvy and healthy beneficiaries.
What’s the cheapest plan N in Tennessee?
In Tennessee, you can buy a Plan N for about $73.
This premium shown is for a 65-year-old woman.
What’s the difference between Plan G and Plan F in Tennessee?
The only difference between Plans G and F is that G doesn’t pay the Medicare Part B deductible. In many cases, the money you save on plan G is considerably more than the deductible.
How to sign up for a Medicare Supplement plan in Tennessee
Even though Medicare Supplement plans are relatively straightforward, many options exist. With many plan options and roughly 20+ companies to compare, it can be a little much. We’re here to help explain your options and help you understand which companies may be the best fit for you.
Our licensed brokers can assist you with every step of the process. From determining which plan is right for you to which company will meet your needs, we can help. Once you choose your plan, we can help you through enrollment. Give us a call, or fill out our online request form.
