There are 9 insurers offering Medicare Supplement insurance in New York. Medicare plans help you pay the coverage gaps in Original Medicare (Part A and B) Frequently referred to as Medigap, standardized plans cover deductibles, copayments and coinsurances at varying levels to meet different needs.
What You Must Know about Medicare Supplements in New York
If this is your first time considering a Medicare Supplement in New York, and you’re not exact sure which plan to choose, read our Medicare Supplement Plan information page. It’s important to know that all lettered plans are standardized, but the monthly premiums are not. Our goal is to show you all available information about each type of New York Medigap plan.
Medicare Supplements vs. Medicare Advantage
Medicare Supplements offer freedom of choice. This freedom comes at a price, and premiums are increasing. That’s why there’s Medicare Advantage. A New York Medicare Advantage (MA) plan protects you from big healthcare bills and may provide additional options that Original Medicare does not.
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 New York.
New York Medicare Part D Plans (Rx)
A New York 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 New York.
Medicare Supplement Eligability
You can apply for a New York Medicare Supplement if you are:
- A New York 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: Suffolk, New York, Richmond, Bronx, Westchester, Putnam, Rockland, Orange, Nassau, Queens, Kings, Albany, Schenectady, Montgomery, Greene, Columbia, Rensselaer, Saratoga, Fulton, Washington, Schoharie, Otsego, Hamilton, Delaware, Ulster, Dutchess, Sullivan, Warren, Essex, Clinton, Franklin, Saint Lawrence, Onondaga, Cayuga, Oswego, Madison, Cortland, Tompkins, Oneida, Seneca, Chenango, Wayne, Lewis, Herkimer, Jefferson, Tioga, Broome, Erie, Genesee, Niagara, Wyoming, Allegany, Cattaraugus, Chautauqua, Orleans, Monroe, Livingston, Yates, Ontario, Steuben, Schuyler, Chemung, and most rural areas of New York.
Rates shown are samples from within New York for comparison purposes only. This page was last updated on 9/24/2017.