The population of Covington, Kentucky, includes nearly 72,000 Medicare beneficiaries. Approximately half of these beneficiaries choose to enroll in a Medicare Advantage plan, which offers several benefits that can save money and stress. This article serves as a resource for anyone interested in Covington, Kentucky, Supplemental Medicare plans.

Covington Kentucky Supplemental Medicare Plans

Kentucky Original Medicare beneficiaries can extend their medical coverage through both Medicare Advantage and Medigap. One year younger than the national average, the average age of those enrolled in MA plans in Covington is 71. As a result, these supplemental coverage plans play an essential role in protecting Medicare beneficiaries from excessive medical expenses.

Cheapest Medicare Advantage Plans in Covington, Kentucky

A higher than average percentage of male Kentucky Medicare Advantage members live in Covington, but these plans can benefit anyone. Although there are fewer options than the national average, there are still 36 Medicare Advantage plans in the area, offering residents a wide range of options.

Those with Medicare in Covington have an excellent option in Wellcare. There is no monthly premium for Wellcare, which is common among these plans. In addition, the maximum out-of-pocket cost (MOOP) is $5,000, providing a reasonably affordable option to residents of Covington interested in Supplemental Medicare plans.

Cost-conscious users will find Humana even more affordable. Although they have a perfect 5-star rating, they have zero-dollar monthly premiums and a $4,900 MOOP. As a result, Humana offers a compelling option to Medicare beneficiaries in Covington.

UnitedHealthcare provides outstanding medical coverage to Covington’s residents as a final option. There is no charge for premiums, and the MOOP for this plan is $4,500. United’s program still earns a four-star rating for its outstanding service despite its affordable price.

PLAN PREMIUM MOOP Plan Type Star Rating
Wellcare $0 $5,000 HMO 4
Humana $0 $4,900 HMO 5
UnitedHealthcare $0 $4,500 LOCAL PPO 4
Anthem BCBS $0 $5,500 LOCAL PPO 4
Aetna $0 $5,500 LOCAL PPO 4

Affordable Medicare Supplement Plans in Covington, KY

Even though the government standardizes the benefits of these plans, the rates you pay for this Medicare in Covington, Kentucky, will vary depending on where you live. The role of Kentucky Medigap plans is to cover expenses that the patient would typically have to pay out of pocket.

With Medigap Plan F, the beneficiary receives complete coverage, as it covers all Medicare bills. The premiums for Plan F range from $132 to $487. Despite providing excellent coverage and peace of mind, beneficiaries should note that Plan F comes at a higher cost.

Benefits holders who want to save money on premiums without sacrificing coverage can opt for high-deductible plans. Medigap Plan HDF, for instance, provides the same coverage as Plan F, although there is a significantly higher deductible for treatment.

With lower deductibles than HD plans and affordable rates, Plan N strikes a good balance for many beneficiaries. For example, beneficiaries in Covington pay $83-310 a month for premiums and less for doctor visits when they choose Medigap Plan N.

LETTER PLAN LOWEST PREMIUM HIGHEST PREMIUM
PLAN A $73.71 $356.03
PLAN B $131.33 $360.97
PLAN C $163.65 $368.87
PLAN D $129.58 $272.00
PLAN F $132.22 $487.45
PLAN HDF $40.00 $79.74
PLAN G $108.85 $388.04
PLAN HDG $39.63 $79.74
PLAN K $51.43 $157.34
PLAN L $71.92 $249.21
PLAN M $156.82 $323.69
PLAN N $83.39 $310.47

Cheapest Medicare Part D in Covington, KY

Part D is essential because Medigap and some Medicare Advantage plans in Covington, Kentucky doesn’t provide medication coverage. With these plans, you won’t have to worry about the cost of the medications in Kentucky your doctor prescribes.

Aetna’s Part D plans in Covington, Kentucky, will cost Medicare beneficiaries $6.80 per month with a $480 deductible. Its three-star rating means it provides a relatively good balance between coverage and costs. You do have to pay out-of-pocket costs.

The Wellcare plan has a monthly premium of $12.90 but offers the same deductible. Its Over-The-Counter benefit allows you to purchase many medical supplies through insurance. It may not cover all medications, so you’ll want to ensure that it covers yours.

Despite an identical deductible of $480, Humana plans charge a higher premium of $22.70 per month. It features a four-star rating. In addition, generic medications often cost only $1 to $4 with this plan.

PLAN PREMIUM DEDUCTIBLE STAR RATING
Aetna $6.80 $480 3
Wellcare $12.90 $480 3
Clear Spring Health $22.20 $480 2
Humana $22.70 $480 4
Wellcare $27.30 $480 3

Medicare Special Needs Plans in Covington, KY

Special-needs plans, also known as SNPs, offer benefits for people on Medicare in Covington, Kentucky, with health conditions that require specialized care. These plans are not available to everyone, but their value can be enormous to beneficiaries who qualify, so exploring them is wise.

The UnitedHealthcare plan in Covington has institutional enrollment, a MOOP of $7,500, and no monthly premium. You’ll cover only $1,800 out-of-pocket. To be eligible, patients must have a condition that requires institutional care.

Aetna also provides a $0 monthly premium with a $7,550 MOOP and dual enrollment. It offers coverage for eyeglasses and hearing aids. As well, each member is assigned a personal care team.

Finally, Anthem BCBS offers plans for beneficiaries with chronic or disabling conditions, with a MOOP of $6,700. They also serve those with low incomes. To that end, their premium is $0.

PLAN PREMIUM MOOP Plan Type Eligibility
Anthem BCBS $0 $6,700 HMO Chronic or Disabling
Humana $0 $3,450 HMO Dual
Wellcare $0 $3,450 HMO Dual
UnitedHealthcare $0 $7,550 HMO Dual
Aetna $0 $7,550 HMO Dual

FAQs

How do I sign up for Medicare in Covington, KY?

Enrollment in Medicare for Covington, Kentucky residents who receive Social Security is automatic. Residents who do not receive Social Security benefits should contact the Social Security Administration at 1-800-772-1213 or ssa.gov.

Are Medigap plans based on income in Covington?

No, the price of Medigap plans does not vary based on the beneficiary’s income in Kentucky. Instead, these plans typically depend on the beneficiary’s age to establish rates, although some fixed options are also available.

How do I change my Medicare Advantage plan in Covington, KY?

Medicare beneficiaries can switch Medicare Advantage plans or return to Original Medicare during enrollment periods. In addition, Medicare will automatically remove you from your initial plan once you enroll in your new plan.

How much is Medicare Part B in Covington, KY?

Part B premiums vary based on the beneficiary’s income level, so we can’t provide a definitive number for this part of Covington, Kentucky Medicare. However, premiums in the state range from around $170 to $580.

Do Medigap plans cover drugs in Covington, KY?

Most Medigap plans do not provide prescription drug coverage in Covington, Kentucky. However, beneficiaries can avoid paying for these expenses by purchasing a Part D plan from one of the multiple providers in the state.

How to Sign Up for Supplemental Medicare in Covington

If you are a Covington, Kentucky resident and are looking for supplemental Medicare plans, our website can help. We offer a rate comparison form that will allow you to compare the rates of different insurance companies. You can also call us at the number above and speak with one of our agents. We would be happy to help you find the best supplemental Medicare plan for your needs.

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by Lindsay Malzone, Lindsay Malzone is the Medicare expert for Medigap.com. She's been contributing to many well-known publications as an industry expert 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.