How much do Aetna Medicare Supplement Insurance plans cost?

Aetna Medicare Supplement Insurance plan costs may vary depending on factors such as your location, your age and the timing of when you apply for a plan.

One way to find out how much Aetna Medicare Supplement Insurance (or Medigap) plans cost where you live is to call and speak with a licensed insurance agent who can help you compare your plan options. You may also request a quote online.

Below are some of the factors that affect Medicare Supplement Insurance rates to give you an idea of how plans are priced and the type of things that may play a role when determining your premium.

How Are Medigap Costs Determined?

Insurance companies such as Aetna set how they determine premium costs for the Medicare Supplement Insurance plans they offer.

Medicare Supplement plans are priced or “rated” in one of three ways.

Community-rated
Premiums are the same for all plan beneficiaries, regardless of age.

Issue-age-rated
Premiums are based on your age at which you purchased the plan, with younger enrollees paying less for their plan.

Attained-age-rated
Premiums increase each year as you age.

The way your plan is structured may affect how much you pay for your coverage, though one of the biggest determining factors of your plan costs may be whether you must undergo medical underwriting when you apply.

How Does Medical Underwriting Affect Medicare Supplement Insurance Costs?

If you sign up for a Medicare Supplement Insurance plan during your Medigap Open Enrollment Period or during another time when you have guaranteed issue rights, insurance companies aren’t allowed to have you undergo a medical exam or other underwriting.

If you wait until the period has lapsed before you enroll in a plan, however, you may be subject to medical underwriting that may affect your Medigap plan rates and eligibility.

Your Medigap Open Enrollment Period begins the day you are at least 65 years old and enrolled in Medicare Part A and Part B. It only lasts for six months, so it’s important to apply for a Medigap plan like the ones from Aetna while you’re in your Open Enrollment Period.

What Are High-Deductible Medicare Supplement Insurance Plans?

Two Medicare Supplement Insurance plans come available with a high deductible option.

Aetna Medicare Supplement Insurance Plan F and Plan G each have a standard version (with no deductible) and a high-deductible version.

High-deductible Medicare Supplement Insurance plans typically come with a lower premium than the standard version, which may give you additional options for how to spend your health care dollars.

How Can I Get Aetna Medigap Plan Quotes?

Call 1-800-966-9470 today to speak with a licensed Aetna insurance agent. They can help you compare Aetna Medicare Supplement Insurance plan costs and find the right plan for your coverage needs and budget. You may also request a plan quote online.