Wed, Apr 4, 2018

Comparing Medicare Supplement Plans

All policies offer the same basic benefits but some offer additional benefits, so you can choose which one meets your needs.

Medigap policies are standardized

Every Medigap policy must follow federal and state laws designed to protect you, and it must be clearly identified as “Medicare Supplement Insurance.” Insurance companies can sell you only a “standardized” policy identified in most states by letters A-N.

All policies offer the same basic benefits but some offer additional benefits, so you can choose which one meets your needs. 

Each insurance company decides which Medigap policies it wants to sell, although state laws might affect which ones they offer. Each insurance company prices their supplement plans differently as well, so it makes sense to shop around for the best rate. Why pay more for the same coverage?

Insurance companies that sell Medigap policies:

  • Don’t have to offer every Medigap plan
  • Must offer Medigap Plan A if they offer any Medigap policy
  • Must also offer Plan C or Plan F if they offer any plan

Compare Medigap plans side-by-side:

Note: The Medigap policy covers coinsurance only after you’ve paid the deductible (unless the Medigap policy also pays the deductible). The chart below shows basic information about the different benefits Medigap policies cover.

  • Yes = the plan covers 100% of this benefit
  • No = the policy doesn’t cover that benefit
  • % = the plan covers that percentage of this benefit
  • N/A = not applicable

FirstCommunity Medicare Supplement Plans

FirstCommunity offers three Medigap Plans - Plans A, B, and C.  Most seniors in North Alabama find that either our Plan B or Plan C meets their health care needs. It’s easy to compare FirstCommunity rates against Blue Cross Blue Shield C+ at firstcomm.org by clicking on Our Rates and Plans. Give us a call or stop by our office at 699-A Gallatin Street and we’ll be happy to help you understand your options and answer all of your questions. 256-532-2783.


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