The Best Arkansas Medicare Supplement Plans (2024)

In Arkansas, the average cost of a Medicare Supplement plan for 65-year-olds is $163 per month. Meanwhile, 75-year-olds typically pay $176.

Most people eligible for Medigap plans in Arkansas choose Plans F and G, which offer comprehensive coverage. Monthly averages for these are $193.85 and $165.80, respectively. That said, Plan F is only available for those who became eligible for Medicare before 2020.

Another popular choice is Plan N, which offers similar coverage but with excess charges. The average cost of Plan N in Arkansas is $161 monthly.

The top option for Plan G in Arkansas is UnitedHealthcare. However, it is important to note that MoneyGeek’s ranking only includes companies offering online estimates. There may be more companies offering Plan G in Arkansas that do not provide online quotes.

UnitedHealthcare also offers a SELECT version for Plan G. This can lower premiums. However, it limits your provider networks.

Typically, policyholders spend an average of $165.80 for Plan G Medicare Supplement plans in Arkansas. That said, actual rates may vary based on the provider, your current age, available discounts and other medical underwriting factors.

For instance, the most affordable Plan G provider for Arkansas 65-year-olds is UnitedHealthcare, with an average rate of $152.10 per month. In comparison, that is $31.60 cheaper than the average rate from the most expensive provider — Cigna.

In Arkansas, there are 27 companies that offer Plan G Medigap insurance. However, online estimates may not be available from some providers. MoneyGeek collected contact information for each provider in the state to help find your best option. MoneyGeek also shows pricing methods so that you can determine which companies tend to charge more based on age.

All Medigap plans in Arkansas, including Plan G, are standardized and must have certain benefits. While Plan G has comprehensive coverage, including hospital costs, coinsurance, hospice care and more, it does not cover Part B deductibles and only covers 80% of foreign travel exchange. Some companies offer additional features. An example of this is UnitedHealthcare’s Renew Active feature, as discussed earlier.

MoneyGeek evaluated and ranked companies offering online estimates for a variety of Medicare plans. Among these providers, the company with the best Medicare Supplement Plan F in Arkansas is also UnitedHealthcare. You can further compare rates and offers by checking out companies that do not provide online quotes.

Arkansas Medicare Supplement Plan F policyholders pay an average of $193.80 monthly. The actual cost of your policy depends on several factors, including your age when you buy the plan, your current age, available discounts and other medical underwriting factors.

For instance, Aetna offers the cheapest average rate of $144 per month for 65-year-olds in Arkansas. Meanwhile, the most expensive option is Cigna, at $293.10. That is a significant difference of $149.10 per month.

Arkansas residents can buy Medigap Plan F from 27 companies. However, some providers may not provide online estimates. To help you, MoneyGeek gathered the contact information and listed the pricing methods of all companies.

Like other Medigap plans in Arkansas, Plan F is standardized. That means companies have to offer certain benefits. Despite providing comprehensive protection, including coinsurance, hospital costs, hospice care and more, Plan F only covers 80% of foreign travel exchange, up to the plan limits.

Companies may offer additional benefits. UnitedHealthcare, for example, offers dental, hearing and vision discounts.

UnitedHealthcare is the best Plan N provider in Arkansas. It has an average monthly rate of $158.50. The company also offers a Plan F SELECT version, which lowers premiums. However, choosing this will restrict your provider network.

MoneyGeek’s analysis only considers companies offering online quotes. That means you may find better offers and rates from other companies that do not have online estimates.

On average, Medicare Supplement Plan N in Arkansas costs $161 per month. But actual rates vary per person and are based on different factors, such as current age, available discounts and medical underwriting.

For instance, the cheapest Plan N company for a 65-year-old is Aetna. It has an average monthly rate of $112.40. Meanwhile, the most expensive is Humana at $195.20. That is a difference of $82.80.

Twenty-six companies offer Plan N to Arkansas residents. However, not all provide online estimates. MoneyGeek gathered these companies’ contact details to help with your search for the best option. MoneyGeek also shows the pricing schemes of these companies so you can see which tend to charge more based on age.

Medicare Supplement plans in Arkansas are standardized, which means that companies have to meet certain benefit requirements.

Note that Plan N does not include Part B deductibles and excess charges and only covers 80% of foreign travel exchange. However, companies can choose to offer additional features, like UnitedHealthcare’s vision and dental discounts.

You can also find other Medicare Supplement plans in Arkansas, such as Plans A, B, C, K, L and M. These tend to be less popular because they have less comprehensive coverage.

The best company for most of these plan types is UnitedHealthcare, except for Plan B, wherein the best provider is Aetna. Other companies with available online estimates are Cigna and Humana.

Individuals who became eligible for Medicare after January 1, 2020, cannot purchase Plan C coverage in Arkansas or anywhere else.

Medigap can be a complicated topic. MoneyGeek collected and analyzed pricing data from different providers. The Medicare Supplement plans comparison chart for Arkansas below can help you easily see how plan types vary.

Depending on the Medigap plan, the level of coverage may vary. The availability of certain plan types may also differ based on when you became eligible for Medicare.

For instance, Plans F and C are the most comprehensive types but are no longer available to new enrollees. Instead, these were replaced by Plans G and D. You can compare average rates and coverages using the chart below.

The cost of Medicare Supplement plans in Arkansas also depends on the type of plan and the company that you choose. UnitedHealthcare has the most affordable average monthly rates for Plans A, C, G, K and L. Meanwhile, the cheapest option for Plans B, F and N is Aetna.

There are different pricing methods used by companies offering Medicare Supplement plans in Arkansas.

• Community-rated: This is the most common pricing style used in Arkansas. Policyholders have the same monthly rate, regardless of age.
• Issue-age: Some companies use issue-age pricing, which determines premiums based on the age of the policyholder when they first bought the plan.

MoneyGeek answers some of the most common questions about Medicare Supplement plans in Arkansas.

MoneyGeek collected data from the biggest Medicare Supplement/Medigap providers in Arkansas for 65-year-olds and 75-year-olds. Plans were only rated as one of the best if we could obtain an accurate quote from the provider online.

MoneyGeek’s scoring system weighted affordability 75% and benefits 25%. A Medigap provider received 5% for every benefit, up to a maximum of 25%.