Best Minnesota Medicare Supplement Companies & Plans (2024)

Medicare Supplement plans, also known as Medigap plans, are private health insurance policies designed to complement Original Medicare coverage. These plans help cover out-of-pocket costs such as deductibles, coinsurance, and copayments that Medicare beneficiaries would otherwise have to pay. In Minnesota, Medicare Supplement plans are particularly important because the state has unique regulations and offers additional benefits beyond what is required by federal law.

The determination of the best Medicare Supplement companies in Minnesota depends on several factors. These factors may include the company’s financial stability, customer service ratings, plan options, pricing, and reputation. It’s essential to research and compare various companies to find the one that best fits your specific needs and preferences.

While opinions on the “best” Medicare Supplement providers may vary, some well-regarded companies in Minnesota include:

• Blue Cross Blue Shield of Minnesota
• HealthPartners
• Medica
• UCare
• Mutual of Omaha

When choosing a Medicare Supplement plan in Minnesota, consider the following factors:

• Cost: Compare premiums, deductibles, and out-of-pocket expenses.
• Plan Options: Determine which plans cover the benefits you need and compare them.
• Provider Network: Check if your preferred healthcare providers accept the plan.
• Reputation: Research customer reviews and ratings of the insurance companies.
• Financial Stability: Consider the company’s financial strength and stability.
• Additional Benefits: Some plans in Minnesota offer extra benefits like vision or dental coverage.
• Customer Service: Evaluate the company’s reputation for customer support.

Yes, Medicare Supplement plans in Minnesota are standardized. The state follows its own standardized system, which differs from the standardized plans used in most other states. In Minnesota, the plans are labeled with letters A, B, C, D, F, G, K, L, M, and N, and each lettered plan must provide the same basic benefits regardless of the insurance company offering it. However, Minnesota also has additional plan options beyond the standardized plans, known as “Basic” and “Extended Basic” plans.