The Best Colorado Medicare Supplement Plans (2022)

If you’re looking for Medicare Supplement plans in Colorado, you can select between ten plan options, though plan availability depends on when you became eligible. According to our research, Cigna offers the best Medigap Supplemental plans in Colorado.

Remember, you can only have either a Medicare Supplement or a Medicare Advantage Plan in Colorado at any given time. If you choose the latter, it takes the place of Medicare plans, including Original Medicare.

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Last Updated: 9/14/2022
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Medicare Supplemental plans for 65-year-olds cost, on average, $124 per month. For 75-year-olds, Medicare Supplement plans cost a bit more — they pay an average monthly premium of $219.

Those eligible usually prefer purchasing either Plans F or G since these provide the most comprehensive protection. These cost $280.90 and $180.80 per month on average, respectively. However, you can only purchase Plan F in Colorado if you qualified for Medicare before 2020.

Plan N is a less expensive option that offers similar coverages, aside from excess charges, to Plan F and Plan G. On average, these plans cost $149.60 per month.

MoneyGeek’s analysis focused on these most sought-after plans and ranked them using rates and benefits gathered through our methodology. There are several plan types, each offering different coverages. You can learn more about finding the best Medicare Supplement plan with MoneyGeek’s guide.

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Best Medicare Supplement Plans in Colorado

Best Medicare Supplement Plan G in Colorado

Cigna offers the best Medigap Supplement Plan G in Colorado. You can purchase a policy for an average premium of $139.14 per month. Coverage from Cigna also means having access to benefits such as its Health Information Line, Healthy Rewards Program and Foreign Travel Emergency.

MoneyGeek’s analysis only included companies that provide online estimates. You can research other insurers in the state that don’t provide online quotes by contacting them online or by phone.

mglogo
MoneyGeek Top Pick
Cigna Medicare
  • MoneyGeek Score: 90 out of 100
  • Average Monthly Rate: $139.14

The cost of Cigna’s Plan G is lower than the state average of $180.80 per month. By choosing Cign’s Plan G, you can save up to $41.66.

Choosing to purchase Plan G from Cigna allows you to take advantage of several benefits. These include a Health Information Line, which makes a health advocate 24/7. Cigna will also cover the costs of medical emergencies when you’re traveling abroad.

Discounts are available through their Healthy Rewards Program. With your Cigna ID, you’ll receive lower rates for fitness programs, services and devices.

MORE ABOUT PLAN G IN COLORADO

Navigate to learn more about Medigap Plan G in Colorado, including how much it costs on average, what providers are available and what it covers.

The Cost of Medicare Supplement Plan G in Colorado

Buyers in Colorado pay $180.80 on average per month for Plan G. However, insurers consider several factors, so your rate may differ.

Policy prices also vary between providers. On average, a 65-year-old can purchase Plan G from Cigna for $139.10 each month, while a similar plan from UnitedHealthcare charges $7.80 more at $146.90 per month.

Plan G costs may be affected by your age at the time of your purchase, your current age, medical underwriting factors and discounts.

Sort by Age:

65

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  • Company
    Sample Monthly Rate
  • Cigna
    $139
  • Anthem
    $142
  • UnitedHealthcare
    $147

Providers Offering Plan G in Colorado

You can purchase Plan G in Colorado from 40 companies, although only some will offer online quotes. For those where online quotes aren’t available, you can still reach out to them directly for an estimate. MoneyGeek included information on each company’s pricing methods, so you can tell which ones are likely to charge more based on age.

Providers Offering Plan G in Colorado

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  • Company
    Contact Number
    Pricing Style
  • Aetna
    800-358-8749
    Attained Age
  • Anthem
    1-800-684-1893
    Attained Age
  • Atlantic Coast Life
    1-844-442-3847
    Attained Age
  • Bankers Fidelity
    1-866-458-7504
    Attained Age
  • Liberty Bankers
    1-833-504-0331
    Attained Age
  • Cigna
    1-855-891-9368
    Attained Age
  • Colonial Penn
    1-877-877-8052
    Attained Age
  • Federal Life
    800-960-1390
    Attained Age

What Does Plan G Cover?

Although all Medigap policies including Plan G are standardized and must have at least certain benefits, additional coverage options may be offered based on the plan provider.

In general, Plan G does not cover Plan B deductibles. Expenses incurred when traveling abroad are only covered at 80% up to the plan’s limits.

Additional add-on benefits may be available from different providers. For example, Cigna’s Foreing Travel Emergency coverage is a unique option specific to Plan G policies with Cigna.

Required Benefits of Plan G in Colorado
  • Medigap Benefit
    Does Plan G Cover?
  • Part A co-insurance and hospital costs up to an additional 365 days after Medicare benefits are used up
    Yes
  • Part B co-insurance or copayment
    Yes
  • Blood (first 3 pints)
    Yes
  • Part A hospice care co-insurance or copayment
    Yes
  • Skilled nursing facility care co-insurance
    Yes
  • Part A deductible
    Yes
  • Part B deductible
    No
  • Part B excess charge
    Yes
  • Foreign travel exchange (up to plan limits)
    80%

Best Medicare Supplement Plan F in Colorado

For Plan F, the best Medigap Supplement plan provider in Colorado is Cigna. You can purchase a policy for $202.29 per month with the option to get add-on coverages.

The companies MoneyGeek included in its rankings are limited to those with an online quote tool on their websites. You can find more options if you consider those companies that don’t offer online estimates.

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MoneyGeek Top Pick
Cigna Medicare
  • MoneyGeek Score: 90 out of 100
  • Average Monthly Rate: $202.29

The average cost of Medicare Supplement Plan F in Colorado is $280.90 per month. This is over 32% more expensive than Cigna’s rate of $202.29.

Cigna offers various benefits with its supplement plans in Colorado. In addition to covering emergency expenses incurred while traveling abroad, the company also offers a 24/7 Health Information Line. These licensed nurses can provide answers to any of your health-related questions at any time, every day.

MORE ABOUT PLAN F IN COLORADO

Navigate to learn more about Medigap Plan F in Colorado, including how much it costs on average, what providers are available and what it covers.

The Cost of Medicare Supplement Plan F in Colorado

Those qualified for Medicare in Colorado pay an average of $280.90 for Plan F. It’s important to remember that this is a state average and your rate may vary depending on several factors. These include your age upon purchasing a policy, medical underwriting considerations, your current age and whether or not you take advantage of any discounts.

Your choice of provider also impacts rates. For a 75-year-old, Cigna offers the cheapest monthly premium at $202.30. In comparison, UnitedHealthcare has the highest premium cost of $340.20, over $130 more than Cigna’s plan.

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75

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  • Company
    Sample Monthly Rate
  • Cigna
    $202
  • Anthem
    $299
  • UnitedHealthcare
    $341

Providers Offering Plan F in Colorado

With 40 companies offering Plan F in Colorado, you have a wide variety of options. However, not all of the companies provide online quotes. You can gather information from those that don’t by using the contact details provided by MoneyGeek. We’ve also included each company’s pricing style so that you’ll know which companies may charge more based on age.

Providers Offering Plan F in Colorado

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  • Company
    Contact Number
    Pricing Style
  • Aetna
    800-358-8749
    Attained Age
  • Anthem
    1-800-684-1893
    Attained Age
  • Atlantic Coast Life
    1-844-442-3847
    Attained Age
  • Bankers Fidelity
    1-866-458-7504
    Attained Age
  • Liberty Bankers
    1-833-504-0331
    Attained Age
  • Cigna
    1-855-891-9368
    Attained Age
  • Colonial Penn
    1-877-877-8052
    Attained Age
  • Federal Life
    800-960-1390
    Attained Age

What Does Plan F Cover?

Plan F has one of the most comprehensive coverages available. The only item it doesn’t cover fully is foreign travel expenses — this plan type only protects you against 80% of costs within your limits. However, it does allow you to experience other benefits, such as Cigna’s Health Information Line.

Required Benefits of Plan F in Colorado
  • Medigap Benefit
    Does Plan F Cover?
  • Part A co-insurance and hospital costs up to an additional year after Medicare benefits are used up
    Yes
  • Part B co-insurance or copayment
    Yes
  • Blood (first 3 pints)
    Yes
  • Part A hospice care co-insurance or copayment
    Yes
  • Skilled nursing facility care co-insurance
    Yes
  • Part A deductible
    Yes
  • Part B deductible
    Yes
  • Part B excess charge
    Yes
  • Foreign travel exchange (up to plan limits)
    80%

Best Medicare Supplement Plan N in Colorado

The best Medicare Supplement plan provider in Colorado for Plan N is Cigna. You can purchase a standard policy for $95.22 each month. However, you can customize your plan by getting add-on coverages.

Note that MoneyGeek only ranked companies that have online quote tools. You can research more providers who don’t offer online quotes, giving you more options.

mglogo
MoneyGeek Top Pick
Cigna Medicare
  • MoneyGeek Score: 90 out of 100
  • Average Monthly Rate: $95.22

Cigna offers some of the most affordable rates for Medigap Supplement Plans in Colorado. For Plan N, its average monthly premium is $54.38 cheaper than the state average, $149.60.

It offers several benefits with their Medicare Supplemental plans in Colorado. You can call Cigna’s Health Information Line anytime if you need to speak with a health advocate.

Buyers who prefer to keep a relatively active lifestyle will appreciate Cigna’s Healthy Rewards Program. With a Cigna plan, you can receive discounts on fitness club memberships and nutritional home delivery meal services.

MORE ABOUT PLAN N IN COLORADO

Navigate to learn more about Medigap Plan N in Colorado, including the average cost, provider availability and coverage options.

The Cost of Medicare Supplement Plan N in Colorado

The cost of Plan N in Colorado is affected by several factors, but the average premium in the state is $149.60.

Cigna offers the most affordable rate at $95.20 per month. Anthem, on the other hand, is the most expensive at $128 per month, over $30 more than Cigna’s plan.

Your provider is only one element affecting rates. Others include your current age, discounts, medical underwriting factors and how old you were on your first policy purchase.

Sort by Age:

65

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  • Company
    Sample Monthly Rate
  • Cigna
    $95
  • UnitedHealthcare
    $127
  • Anthem
    $128

Providers Offering Plan N in Colorado

You have the option to purchase Plan N from 36 different providers. Not all have online quote tools, but you can still gather information by contacting them directly. MoneyGeek listed the details of all providers in Colorado. We also indicated their pricing style, so you’ll know which are more likely to charge because of age.

Providers Offering Plan N in Colorado

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  • Company
    Contact Number
    Pricing Style
  • Aetna
    800-358-8749
    Attained Age
  • Anthem
    1-800-684-1893
    Attained Age
  • Atlantic Coast Life
    1-844-442-3847
    Attained Age
  • Bankers Fidelity
    1-866-458-7504
    Attained Age
  • Liberty Bankers
    1-833-504-0331
    Attained Age
  • Cigna
    1-855-891-9368
    Attained Age
  • Colonial Penn
    1-877-877-8052
    Attained Age
  • Federal Life
    800-960-1390
    Attained Age

What Does Plan N Cover?

Plan N only covers 80% of your expenses from foreign travel, as long as it’s within your policy’s limits. It also doesn’t cover deductibles and excess charges of Plan B. However, you can personalize your policy by adding coverages beyond the standard ones. Cigna’s Healthy Rewards Program is an example.

Required Benefits of Plan N in Colorado
  • Medigap Benefit
    Does Plan N Cover?
  • Part A co-insurance and hospital costs up to an additional year after Medicare benefits are used up
    Yes
  • Part B co-insurance or copayment
    Yes
  • Blood (first 3 pints)
    Yes
  • Part A hospice care co-insurance or copayment
    Yes
  • Skilled nursing facility care co-insurance
    Yes
  • Part A deductible
    Yes
  • Part B deductible
    No
  • Part B excess charge
    No
  • Foreign travel exchange (up to plan limits)
    80%

Best Medicare Supplement Plans in Colorado: Other Plan Types

Although our study focuses on Plans F, G and N, you can also choose other Medicare Supplement plans in Colorado. These aren’t as sought-after since they offer less comprehensive coverage.

Since we’re looking at your best options, MoneyGeek’s analysis points to UnitedHealthcare as your top choice for all other Medigap Supplement plans in Colorado. You can also purchase other plans from Anthem and Cigna.

The Best Medicare Supplement in Colorado - Alternate Plans
  • Plan Type
    Best Plan
    Monthly Cost
  • A

    UnitedHealthcare

    $106.88

  • B

    UnitedHealthcare

    $143.52

  • C

    UnitedHealthcare

    $340.17

  • F

    Cigna

    $202.29

  • G

    Cigna

    $139.14

  • K

    UnitedHealthcare

    $50.24

  • L

    UnitedHealthcare

    $95.20

  • N

    Cigna

    $95.22

How to Find the Best Medicare Supplement Plans in Colorado

Attempting to understand the nuances of Medicare Supplement can be overwhelming. MoneyGeek’s chart simplifies this process by allowing you to easily compare Medigap Supplement plans in Colorado. We’ve also included an analysis of the pricing information used to help you make the best financial decision for your specific needs.

Colorado Medicare Supplement Plans Comparison Chart

You may find that some Medigap Supplement plans in Colorado aren’t available to you because of when you became eligible for Medicare. For example, new enrollees can’t purchase Plans F and C, the most comprehensive plan options, but Plans G and D are excellent alternatives.

MoneyGeek’s Medicare Supplement plans comparison chart shows you the different plan types in Colorado, their coverages and average costs.

Medicare Supplement Comparison Chart
Coverage
A
B
C
D
F
G
K
L
M
N

Part A co-insurance and hospital costs up to an additional 365 days after Medicare benefits are used up

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Part B co-insurance or copayment

Yes

Yes

Yes

Yes

Yes

Yes

50%

75%

Yes

Yes

Blood (first 3 pints)

Yes

Yes

Yes

Yes

Yes

Yes

50%

75%

Yes

Yes

Part A hospice care co-insurance or copayment

Yes

Yes

Yes

Yes

Yes

Yes

50%

75%

Yes

Yes

Skilled nursing facility care co-insurance

No

No

Yes

Yes

Yes

Yes

50%

75%

Yes

Yes

Part A deductible

No

Yes

Yes

Yes

Yes

Yes

50%

75%

50%

Yes

Part B deductible

No

No

Yes

No

Yes

No

No

No

No

No

Part B excess charge

No

No

No

No

Yes

Yes

No

No

No

No

Foreign travel exchange (up to plan limits)

No

No

80%

80%

80%

80%

No

No

80%

80%

The Cost of Medicare Supplement Plans in Colorado

Your plan type preference and provider can significantly affect the cost of your healthcare plan. We’ve narrowed your options if you’re looking for the most affordable companies offering Medicare Supplement plans in Colorado.

UnitedHealthcare is your most affordable option for Plans A, B, C, K and L. For Plans F, G and N, Cigna offers the lowest rate.

Providers also use one of three pricing styles to determine rates:

  • Attained-Age Rated: When insurers base premiums on your current age. It means you pay more for coverage as you get older. This is the most commonly used pricing method in Colorado.
  • Issue-Age Rated: When providers set premiums based on your age when you first purchased a policy, the amount remains the same in succeeding years. Although it may change due to inflation, age is not a factor.
  • Community Rated: When all policyholders of the same plan type pay the same premium, rates may change over time, but it will be because of inflation, not age.
Average Cost of Medicare Supplement in Colorado

Sort by Plan Letter:

65

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  • Company
    Sample Monthly Rate
  • UnitedHealthcare
    $107
  • Anthem
    $124
  • Cigna
    $195

FAQs About Medicare Supplement Plans in Colorado

We’ve gathered the most commonly asked questions about Medicare Supplement Plans in Colorado. They can provide you with more information.

Methodology

MoneyGeek collected data from the biggest Medicare Supplement/Medigap providers in Colorado 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%.

About the Author


expert-profile

Mark Fitzpatrick is a senior content manager with MoneyGeek specializing in insurance. Mark has years of experience analyzing the insurance market and creating original research and content. He graduated from Boston College with a Bachelor of Arts and Johns Hopkins University with a Master of Arts.


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