Colorado seniors can choose from any of the 30 companies selling Medicare Supplement insurance. Medicare plans help you pay the portion of Part A and Part B that Original Medicare does not cover. Also known as Medigap, available policies cover a range of costs, including deductibles, copayments and coinsurances.
What You Must Know about Medicare Supplements in Colorado
If this is your first time considering a Medicare Supplement in Colorado, and you’re not exact sure which plan to choose, read our Medicare Supplement Plan information page. Although all policies are standardized, making them easy to compare, monthly premiums are not. We offer a complete overview of all Colorado Medigap plans and their benefits.
Medicare Supplements vs. Medicare Advantage
Comprehensive Medicare Supplements are expensive and premiums are going up. If you can afford a supplement it’s the best choice. If not, there’s Medicare Advantage. Colorado Medicare Advantage (MA) plans are private health insurance that replace the coverage provided by Original Medicare.
The big advantage offered by these plans are additional benefits, such as prescriptions, dental, vision and hearing, and the monthly premiums. However, which these advantages come some restrictions. Most importantly, choice of doctors.
The important thing to know about every Medicare Advantage plan is that they limit your Maximum Out-of-Pocket (MOOP) expense to a maximum of $6,700 per year. That makes them worth comparing to Medicare Supplements. We have the complete catalog of 2018 Medicare Advantage Plans available in Colorado.
Colorado Medicare Part D Plans (Rx)
A Colorado Medicare Supplement does not cover your prescription drugs. For this you need a Medicare Part D Plan (PDP). You can review the complete list of 2018 Medicare Part D Plans in Colorado.
Medicare Supplement Eligability
You can apply for a Colorado Medicare Supplement if you are:
- A Colorado resident,
- Enrolled in both Medicare Part A and Part B, and
- You are 65 years old or older.
Supplemental plans are available in the following counties: Jefferson, Arapahoe, Adams, Broomfield, Boulder, Elbert, Douglas, El Paso, Denver, Park, Gilpin, Eagle, Summit, Routt, Lake, Jackson, Clear Creek, Grand, Weld, Larimer, Morgan, Washington, Phillips, Logan, Yuma, Sedgwick, Cheyenne, Lincoln, Kit Carson, Teller, Pueblo, Las Animas, Kiowa, Baca, Otero, Crowley, Bent, Huerfano, Prowers, Alamosa, Conejos, Archuleta, La Plata, Costilla, Rio Grande, Mineral, Saguache, Chaffee, Gunnison, Fremont, Montrose, Hinsdale, Custer, Dolores, Montezuma, San Miguel, Delta, Ouray, San Juan, Mesa, Garfield, Moffat, Pitkin, Rio Blanco, and most rural areas of Colorado.
Rates shown are samples from within Colorado for comparison purposes only. This page was last updated on 9/24/2017.