Of the over 57 million Part A and B Medicare beneficiaries, 229,838 live in Providence, Rhode Island. 55.31% of beneficiaries are female, and the remaining 44.69% are male.
Understanding your options for Providence, Rhode Island Supplemental Medicare plans is crucial because even with Medicare Parts A and B, not all of your medical costs are covered.
Medicare plans in Providence, Rhode Island
Supplemental Medicare plans are available through multiple insurance companies. Each plan is different, so you should choose one that best fits your medical needs. We’ll look at information for some of these plans below based on quotes for 70-year-old men in Providence, RI.
Medicare Advantage plans
118,261 Providence, RI Medicare patients have Medicare Advantage plans. With 24 Medicare Advantage plans available in Providence, adding your own to cover gaps in your medical bills makes sense.
Many Rhode Island residents enjoy Commonwealth’s Medicare Advantage plan. This Local PPO plan offers $4,500 MOOP (maximum out-of-pocket) and only serves four states, including Rhode Island. This plan has a $0 premium.
BlueCross BlueShield (BCBS) of Rhode Island also carries a $0 premium. BCBS of Rhode Island is a 5-star HMO. The MOOP for this plan is only $3,500, making it one of the most affordable options for Providence, RI, Medicare patients.
Aetna offers a $0 premium Medicare Advantage plan if you prefer a nationally-recognized insurance company. Patients under Aetna’s Medicare Advantage plan have a $5,900 MOOP. This local PPO has a 3-star rating.
The average cost of Medicare Advantage plans in Providence, Rhode Island
| PLAN | PREMIUM | MOOP | Plan Type | Star Rating |
| Aetna | $0 | $5,900 | LOCAL PPO | 3 |
| Wellcare | $0 | $5,500 | LOCAL PPO | N/A |
| Commonwealth | $0 | $4,500 | LOCAL PPO | N/A |
| BCBS of Rhode Island | $0 | $3,500 | HMO | 5 |
| BCBS of Rhode Island | $0 | $5,000 | HMO-POS | 5 |
Learn more about the Medicare star rating system for Part C and D Medicare Supplement plans.
Medicare Supplement plans
Medicare Supplement plans are not the same as Medigap plans, although the terms seem interchangeable since they both cover medical costs not covered by Medicare. Medigap plans are nationally-recognized and carry the same benefits from state to state, depending on your chosen plan. These plans require a premium that varies based on eligibility and medical coverage.
Plan HDF is a budget-friendly Medigap plan. Premiums start as low as $43, and the highest premium is $85.76. The premium is so low because your deductible is higher, but once you meet it, Medigap Plan HDF will cover 100% of what Medicare doesn’t cover.
If you prefer to have more coverage for gaps in your Medicare but still want to keep your premium low, Plan K is the perfect balancing act. Plan K offers premiums as low as $56.29 and as high as $139 while still covering at least 50% on a good amount of medical costs leftover from Medicare. However, it doesn’t cover Part B deductible or excess charges.
The most popular Medigap plan is Plan G. While premiums range from $153.68 to $399.20, this plan covers more gaps in your Medicare coverage than other plans. However, since 2020, it won’t cover your Medicare Part B deductible or prescription drugs.
The average cost of Medicare Supplement plans in Providence, Rhode Island
| LETTER PLAN | LOWEST PREMIUM | HIGHEST PREMIUM |
| PLAN A | $99.84 | $409.85 |
| PLAN B | $153.10 | $345.25 |
| PLAN C | $183.92 | $414.25 |
| PLAN D | $183.45 | $291.00 |
| PLAN F | $181.05 | $417.62 |
| PLAN HDF | $43.00 | $85.76 |
| PLAN G | $153.68 | $399.20 |
| PLAN HDG | $43.00 | $62.14 |
| PLAN K | $56.29 | $139.00 |
| PLAN L | $103.35 | $235.83 |
| PLAN M | $164.42 | $305.04 |
| PLAN N | $118.25 | $307.36 |
Find out if Medigap is a better option for you than other Providence, Rhode Island Supplemental Medicare Advantage plans.
Medicare Part D prescription drug plans
You’ll need a Medicare Part D plan if you rely on prescription medicine. These plans are not included in Medicare A and B or Medigap, though some Medicare Advantage plans will offer prescription coverage.
With premiums as low as $7.40, Aetna Medicare Advantage plans are an excellent option for prescription coverage. Aetna Medicare Advantage plans have a 3-star rating and a $480 deductible. Prescriptions with Aetna Medicare Advantage plans often have a $0 copay.
UnitedHealthcare offers a lower deductible of $310. This 4-star Medicare Advantage plan starts with premiums as low as $29.30. Multiple tiers make finding the right one for your prescription is easy.
Another 4-star Medicare Advantage plan option is Humana. Humana plans start with premiums as low as $22.70. If you get your prescriptions from Walmart, your Humana Advantage plans will cover them.
The average cost of Medicare Part D plans in Providence, Rhode Island
| PLAN | PREMIUM | DEDUCTIBLE | STAR RATING |
| Aetna | $7.40 | $480 | 3 |
| Wellcare | $13.00 | $480 | 3 |
| Humana | $22.70 | $480 | 4 |
| UnitedHealthcare | $29.30 | $310 | 4 |
| Cigna | $32.10 | $480 | 3 |
Special Needs plans
Medicare Special Needs Plans (SNPs) in Providence, RI, cover healthcare costs associated with chronic disabilities or special needs. SNPs aren’t available in every state, but you can benefit from this subtype of Medicare Advantage plans in Rhode Island.
UnitedHealthcare offers an SNP with a low MOOP of $1,800. This local PPO is only usable by patients requiring long-term facility care. Premiums for UnitedHealthcare SNPs start at $36.30.
The BCBS of Rhode Island SNP is an HMO plan. Dual eligibility makes this plan handy for anyone with special needs or chronic disabilities. With the slightly higher MOOP of $3,450, BCBS of Rhode Island offers a $0 premium for their SNP.
Another affordable SNP option is from Wellcare. Wellcare’s Local PPO SNP also has a $3,450 MOOP. There is no premium required for this SNP option.
The average cost of Medicare Special Needs plans in Providence, Rhode Island
| PLAN | PREMIUM | MOOP | Plan Type | Eligibility |
| UnitedHealthcare | $0 | $7,550 | HMO | Dual |
| Wellcare | $0 | $3,450 | LOCAL PPO | Dual |
| BCBS of Rhode Island | $0 | $3,450 | HMO | Dual |
| Commonwealth | $0 | $7,550 | HMO | Dual |
| UnitedHealthcare | $36.30 | $1,800 | LOCAL PPO | Institutional |
How to sign up for Medicare plans in Providence
If you’re considering Providence, Rhode Island, Supplemental Medicare plans, you’ve come to the right place!
We offer free services to help you find the right plan for you and your budget, and our agents work with all Supplemental Medicare carriers.
Call us today to learn more, or fill out our online rate form for more information on Supplemental Medicare in Providence, RI.
