AARP Medicare Supplement Plans 2020
Supplemental insurance can provide additional coverage to your basic Medicare plan and help you keep your out-of-pocket costs low for the coming year. Here is a look at AARP Medicare Supplement plans for 2020 and what they have to offer you.
A Bit about AARP
AARP has been around for decades as a senior-focused company, offering medical insurance, life insurance, financial advice and a variety of other senior services. This company is known for senior care, but they have branched out in recent years to include services and insurance that applies to everyone. They even offer family plans now, and they have partnership with United Healthcare that allows them to reach more people and meet the needs of a wider customer base.
AARP has their own pricing on medical insurance plans, and you can see how they compare when you use our site and the free quote search tool offered here. This lets you search for the insurance plan that you want and then get a list of quotes for that plan from a bunch of different providers in your area. We base the list of results off of your zip code, which allows us to offer you relevant pricing information that can help you save money and find a plan that fits you well.
AARP offers a nice lineup of Supplement plans. They won’t offer every one that is available, but their lineup usually includes the most popular plans and the ones that will offer the most benefit to the consumer. Look for the plan you are interested here on our site and see if AARP is offering it for 2020 and how much they are charging for it. Keep in mind that this company offers all sorts of customer perks that are in addition to the plan and that will not cost you anything extra. That means you need to look at more than just the price of their plans, as you are getting so much more from them than just the base insurance coverage.
What Medicare Supplement Cover for You
A Medicare Supplement works right alongside your original Medicare plan, as you need to have that basic Medicare plan in place and active before you can get coverage from the Supplement plan. Once the Supplement plan is active, it will fill in some of the coverage gaps left by the Original Medicare plan. It can cover you for any or all of the following:
Medicare Part A deductible
Medicare Part B deductible
Medicare Part A copayment
Medicare Part B copayment
Medicare Part B excess charges
Medicare Part A hospice coinsurance
Skilled nursing care coinsurance
Foreign travel exchange costs (as much as 80% per incident and up to $50,000 over your lifetime)
The first three pints of blood that you use each year.
There are a number of different Supplement plans, and each one of them offers a different collection of these items to cover you for. Only Plan F will cover the entire list, though, and that is actually a discontinued plan. If you look at the lineup for AARP Medicare Supplement plans for 2020, you won’t see Plan F there. You can only access that plan if you already have it and you want to renew the coverage on it.
You can choose one of the other Supplement plans, however, such as Medicare Supplement Plan G, which we consider to be the best high coverage plan out there. It will cover you for the majority of items on this list. If you look through the list above, the only thing that Plan G will not cover for you is the Medicare Part B deductible. You can probably cover that on your own out of pocket pretty easily, though, since it is just $185 a year.
Plan N is another great high coverage option, and it is going to cover you for most of the same items as well. If you compare it to Plan G, the only things it doesn’t cover from that plan are the Part B excess charges and some of the smaller copayments related to Part B of Medicare. Everything else is covered by this economical but high coverage Supplement.
How You Can Get an AARP Supplement
Like we said before, you need to have a Medicare plan in order for a Supplement plan to be valid. These two are meant to work together, and while you can have Original Medicare without adding a Supplement plan to it, the Supplement plans only function when they are attached to an Original Medicare plan. When you have both, then you need to pay the cost of the premiums on both, but your Supplement plan could be covering some of the deductibles from Original Medicare for you.
Medicare Supplements are available to most seniors who are 65. You should have no trouble getting one of these plans once you meet the age requirements. But you don’t want to wait too long. If you don’t sign up within the first year that you are eligible for a Medicare Supplement, then you will have to pay a higher rate. That rate increases each year you wait to sign up, so be sure to get this plan as soon as you are eligible and it makes sense for you to do so.
You may not want to sign up right away, if there is a better plan out there for you, such as a Medicare Advantage plan. You can compare prices on these and see which one will save you the most money. Use our site to do that, as we make it simple or you to get a list of quotes and see who has the lowest possible price for Medicare Supplements or for Advantage plans.
The AARP Medicare Advantage Supplement plans for 2020 are good options for many seniors, and we urge you take a look at them and see of one of them might be right for you.
Compare Medicare Advantage for 2020