Medicare Supplement Plans in Delaware, also known as Medigap Plans, fill the gaps in Part A and Part B of Original Medicare, such as deductibles, copayments/coinsurances, and excess charges. Without them, your Medicare costs could be very high. Medicare Supplement Plans in Delaware are sold by private insurance companies, and like plans in most other US States, they are standardized.
Article Contents
Standardized Medigap Plans
Delaware State Regulations
Delaware Medigap Plans: Vendors and Premiums
Standardized Medigap Plans
There are 10 Standardized Plans, designated by the letters “A” through “N.” Each of them has its own set of benefits, and these benefits are identical for all vendors. In other words, the benefits of Medicare Supplement Plan F from one vendor are the same as benefits from any other vendors. The difference is just a premium, and it may be significantly different from vendor to vendor. That is why knowledge of Medigap vendors and their premiums in your particular area may be quite important.
Medicare Supplement Plans in Delaware: State Medicare Supplement Regulations
Medigap premiums in Delaware are established using the following factors:
- Age
- Zip code (and sometimes a County within the zip code)
- Gender
- Whether or not you are a tobacco user.
Rates are normally lower in rural areas and higher in urban areas. Male rates are typically higher than female rates by 10-15%.
The Delaware law allows Medicare providers to charge more than what Medicare allows – the difference is known as Extra Charges. The Medicare Supplement Plans in Delaware that include Extra Charges (Medicare Supplement Plan F and Medicare Supplement Plan G) are more expensive than plans that do not include them (Medicare Supplement Plan C and Medicare Supplement Plan D).
The Federal Government has no requirements that would make Medigap carriers to sell Medicare policies to people under the age of 65 which is Medicare due to disability. Most Delaware Medicare Supplement vendors offer all Medigap plans for people age 40-64, but premiums are higher than premiums for people who are 65 years old.
Delaware does not have any additional special Guaranteed Issue windows, such as 30-day birthday period. A household discount is allowed in Delaware, and several Medicare Supplement vendors include it. The typical discount is 5 to 7 percent.
To find more about Medicare Supplement Plans in Delaware, read Delaware Medigap Plans (Medicare Supplement).
Medicare Supplement Plans in Delaware
Most of Medigap vendors selling policies in Delaware are on the Liberty Medicare list of Medigap carriers. We only deal with highly respected companies. Only two of them have AM Ratings B+; the rest has ratings A-, A, and A+.
There are some well-known names, such as Transamerica, Aetna, and United of Omaha. Some of them may have attractive rates in Delaware. But there are also companies that are smaller and less known, and they often provide real Medicare Supplement Plans bargains. Have you heard of the companies Loyal Christian Benefit Association (LCBA) and Individual Assurance Company (IAC)? They provide one of the best Medicare Supplement Rates in Delaware. And the premium is the only real difference in the world of standardized Medigap plans.
In the tables below you’ll find the range of premiums in Delaware for different ages.
Table 1. The Range of Medigap premiums for Age 50
| Medicare Supplement Plans | |||
| Gender | Plan F | Plan G | Plan N |
| Female | $197-$627 | $138-$425 | $140-$342 |
| Male | $227-$629 | $158-$488 | $161-$393 |
Table 2. The Range of Medigap premiums for Age 65
| Medicare Supplement Plans | |||
| Gender | Plan F | Plan G | Plan N |
| Female | $141-$352 | $113-$318 | $94-$252 |
| Male | $151-$404 | $121-$366 | $104-$290 |
Table 3. The Range of Medigap premiums for Age 70
| Medicare Supplement Plans | |||
| Gender | Plan F | Plan G | Plan N |
| Female | $160-$352 | $128-$318 | $105-$252 |
| Male | $171-$404 | $137-$366 | $121-$290 |
Table 4. The Range of Medigap premiums for Age 75
| Medicare Supplement Plans | |||
| Gender | Plan F | Plan G | Plan N |
| Female | $185-$371 | $148-$343 | $126-$272 |
| Male | $207-$427 | $166-$394 | $145-$313 |
If you live in Delaware, please contact us if you need help selecting and enrolling in Delaware Medicare Supplement Plans. Use our very extensive list of Medigap carriers, and find a reputable vendor with the most affordable rate.
For more information, read Compare Medicare Supplement Plans and How to Choose a Medicare Supplement Plan and Vendor.
Delaware Insurance Department
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For help finding the best for YOU Medicare Supplement Plan in Delaware, please contact Liberty Medicare or call us at 877-657-7477.
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