The Supplemental Medicare Plans in Denver, Colorado, are there to help fill in the gaps in coverage that Original Medicare doesn’t cover. The participation in supplemental Medicare plans in Denver is over 52%, with an average age of 71 years.

Supplemental Medicare Plans in Denver, Colorado

Older residents in Denver use Colorado Supplemental Medicare plans as a primary source of coverage to protect beneficiaries from high out-of-pocket medical costs. The breakdown below shows less expensive and special needs plans in Denver. The below quotes are based on a 70-year-old male.

Affordable Medicare Advantage Plans in Denver, Colorado

Nearly 435,000 residents in Denver utilize beneficiaries with Part A and Part B plans, and almost 230,000 use Colorado Medicare Advantage plans. The average Medicare beneficiary now has access to 40 Medicare Advantage plans, which has grown exponentially in the last few years.

Based on the chart below, you can look at some zero-premium Medicare Advantage plans.

The Humana plan has the most Maximum Out Of Pocket (MOOP) for a 70-year-old male.

The Kaiser Permanente HMO plan with a 5-star rating is the cheapest, with a zero-dollar premium. However, Humana and Anthem BCBS have higher MOOPs and excellent 4-star ratings if you’re looking for a PPO plan.

PLAN PREMIUM MOOP Plan Type Star Rating
Humana $0 $7,550 LOCAL PPO 4
Anthem BCBS $0 $6,700 LOCAL PPO 4
Kaiser Permanente $0 $4,200 HMO 5
Aetna $0 $6,800 HMO 4
Cigna $0 $5,900 LOCAL PPO 3

Please check out more on how Medicare all-in-one plans work and how they can benefit those who need them.

Cheapest Medicare Supplement Plans in Denver, Colorado

Medigap plans are a coverage source that helps protect beneficiaries from paying out-of-pocket medical costs. All Medigap plans are standardized nationwide, so benefits don’t change from state to state. The only difference between them is what you pay for a monthly premium. Colorado Original Medicare plans don’t have the same premiums as Medigap.

The chart below shows you different Letter Plans and their premiums.

The popular letter plans include Plan G, HDG, F, HDF, and Plan N. The HDF and HDG plans are the most affordable at $47 and $87/$85.

The most expensive premiums are the Plan C at almost $185 and $461. However, Plan F can go as high as $463.

LETTER PLAN LOWEST PREMIUM HIGHEST PREMIUM
PLAN A $119.34 $323.12
PLAN B $165.71 $334.37
PLAN C $184.55 $461.87
PLAN D $144.09 $323.53
PLAN F $155.41 $463.00
PLAN HDF $47.00 $87.22
PLAN G $133.29 $452.41
PLAN HDG $47.00 $85.07
PLAN K $60.01 $139.00
PLAN L $94.17 $221.12
PLAN M $136.45 $224.66
PLAN N $110.25 $411.40

Affordable Medicare Part D in Denver, Colorado

Colorado Part D plans are stand-alone plans covering prescriptions and prescription medications since Medigap plans don’t cover prescriptions. Some Medicare Advantage plans may cover drugs in Denver, but you should ask an agent or provider to find out.

Based on the chart below, you can see the premium cost for a Part D plan and the deductible. Wellcare has the cheapest premium plan but one of the higher deductibles and only a 3-star rating.

Aetna is the next cheapest premium at only around $7. Still, the same deductible and star rating as Wellcare’s Part D. At a higher premium, lower deductible, and 4-star rating, you will find UnitedHealthcare’s Part D plan.

PLAN PREMIUM DEDUCTIBLE STAR RATING
Wellcare $5.50 $480 3
Aetna $7.60 $480 3
Humana $22.70 $480 4
UnitedHealthcare $29.30 $310 4
Mutual of Omaha $33.80 $480 3

Medicare Special Needs Plans

There are also Special Needs Plans (SNPs) that can supplement Medicare in Denver. Special Needs Plans are a subset of Medicare Advantage plans available to certain people. These plans aren’t available in all areas and are geared to help people with chronic disabilities or special needs.

The SNPs in the chart below have a zero-dollar premium, but the out-of-pocket costs vary. The cheapest out-of-pocket expense is with the Anthem BCBS HMO SNP, which can be for either Chronic or Disabled persons.

Brighthealth, Elevate, and Aetna have the most expensive MOOP at over $7,000.

PLAN PREMIUM MOOP Plan Type Eligibility
UnitedHealthcare $0 $3,900 HMO Chronic or Disabling
Bright Health $0 $7,550 HMO Dual
Anthem BCBS $0 $3,400 HMO Chronic or Disabling
Elevate $0 $7,550 HMO Dual
Aetna $0 $7,550 HMO Dual

FAQs

How much is a Medicare Part D plan in Denver, Colorado?

The average monthly premium for a Medicare Part D plan in Colorado is $32. Some can be as low as $14, and others as high as $100. Your cost also depends on your deductible since a plan with no deductible means you will pay a higher monthly premium, but your medications will cost less.

Can I change my Medicare Advantage or my Part D plan in Denver?

If you want to switch to a Part D or a Medicare Advantage plan in Denver, the answer is yes. However, most people will not be able to change plans again until the Annual Open Enrollment Period the following year, so check with a provider to know your options when wanting to switch your plans.

What is the difference between Medicare and Medicare Advantage Plans in Colorado?

The most significant difference is that Medicare Advantage plans offer an “all-in-one” alternative to Original Medicare. The bundled programs include Part A, B, and often Part D. Plans may have lower out-of-pocket costs than Original Medicare.

What is the biggest problem with Medicare Advantage Plans in Denver?

Medicare Advantage plans can become too expensive if you’re sick and have uncovered copays. It’s also not easy to change plans. If you go with a Medigap plan, there often are lifetime penalties.

Who qualifies for Medicare Advantage and Supplemental plans in Denver?

Enrollment for Medigap, Part D, SNPs, and Medicare Advantage is available to beneficiaries 65 and older and those with a qualifying disability. Your disability typically qualifies for receiving at least 24 Social Security or Railroad Retirement Board (RRB) Disability Insurance payments.

How to Sign Up for Supplemental Medicare in Denver, Colorado

If you have questions about signing up for a Medigap plan in Denver, Colorado, we have licensed agents here to help you! Our agents work with all the top carriers in the state.

They can compare each letter plan or advantage plan with each carrier to ensure you get the lowest premium and best coverage that suits your needs. Call us at the number above, or complete our online rate form to get started.

Written By:
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Lindsay Malzone, Lindsay Malzone is the Medicare editor for Medigap.com. She's been contributing to many well-known publications since 2017. Her passion is educating Medicare beneficiaries on all their supplemental Medicare options so they can make an informed decision on their healthcare coverage.
Reviewed By:
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Rodolfo Marrero, Rodolfo Marrero is one of the co-founders at Medigap.com. He has been helping consumers find the right coverage since the site was founded in 2013. Rodolfo is a licensed insurance agent that works hand-in-hand with the team to ensure the accuracy of the content.