Humana Medigap Plans Review
Founded in 1961, Humana is a Louisville, Kentucky-based company with roots in the nursing home industry and hospital ownership. Today, it has evolved into one of the largest publicly traded health insurance companies in America, with over 20 million members.
Offering nine of the 10 standard medigap plans, Humana has substantial options, befitting such a large company. Other providers we’ve reviewed, including Cigna, offer a more limited number of plans, so we appreciate Humana’s variety. But be aware that those options vary greatly depending on your ZIP code. Humana is dedicated to providing superior customer service, easy access to instant plan pricing, and healthy lifestyle perks. This Better Business Bureau A+ rated company1 may be the insurance partner that helps you maintain your robust quality of life. Below, we’ll take a closer look at Humana’s medigap plans, what they offer, and who they’re best for.
Pros and Cons of Humana’s Medicare Supplement Plans
Pros About Humana Medigap
Licensed sales agents are easy to reach
- Online platform and mobile app are clear and easy to navigate
- Dental, vision, and prescription plans are often available as add-ons
- Extensive online educational and lifestyle resources for policyholders
- Up to five percent household discount and six percent online application discount
Cons About Humana Medigap
- Not all ZIP codes offer plans; check yours before doing a deep dive
- Not all states offer the Healthy Living supplement option
Overview of Humana’s Medigap Plans
|Medigap benefit||Plan A||Plan B||Plan C||Plan D||Plan F*||Plan G*||Plan K||Plan L||Plan N**|
|Part A coinsurance and hospital costs||100%||100%||100%||100%||100%||100%||100%||100%||100%|
|Part B coinsurance or copayment||100%||100%||100%||100%||100%||100%||50%||75%||100%|
|Blood (first 3 pints)||100%||100%||100%||100%||100%||100%||50%||75%||100%|
|Part A hospice care coinsurance or copayment||100%||100%||100%||100%||100%||100%||50%||75%||100%|
|Skilled nursing facility care coinsurance||None||None||100%||100%||100%||100%||50%||75%||100%|
|Part A deductible||None||100%||100%||100%||100%||100%||50%||75%||100%|
|Part B deductible||None||None||100%||None||100%||None||None||None||None|
|Part B excess charge||None||None||None||None||100%||100%||None||None||None|
|Foreign travel exchange (up to plan limits)||None||None||80%||80%||80%||80%||None||None||80%|
|Out-of-pocket limit||N/A||N/A||N/A||N/A||N/A||N/A||$6,620 in 2022||$3,310 in 2022||N/A|
*Medigap Plans F and G also offer a high-deductible option in some states.
**Plan N has a $20 copay for office visits; $50 copay for ER.
Quick Note: Effective Jan. 1, 2020, plan options C, F, and High Deductible Plan F are only available to applicants who became eligible for Medicare prior to 2020.
Extra Perks for All Humana Plans
As a Humana Medicare supplement policyholder, you get access to additional services and discounts at no extra cost!
- SilverSneakers fitness program
- Hearing aids and services discount
- Prescription medicine discount
- Vision care discount
- 24/7 registered nurse hotline
Which Humana Medigap Plan Is Right for Me?
Let’s take a look at the different medigap plans and who they’re best for so you can decide which Humana plan fits your needs.
Seniors Who Need Basic Coverage but Not Extensive Health Care Services
Medigap Plans A and B are designed to help cover coinsurance and costs for basic needs not paid by Medicare Parts A and B, such as unexpected medical expenses, hospice care, or extended hospital costs. While you save money with these plans since you are not paying for coverage you don’t use, you may have to deal with a few out-of-pocket expenses. Plan B adds a bit more coverage for hospitalization.
Those Who Travel and Have the Budget to Pay for More Comprehensive Coverage
Medigap Plan G has all the benefits of Plans A and B, plus coverage for skilled nursing facility care coinsurance, your Part A deductible for hospitalization, and your Part B excess charge. Plan G also covers medical emergency help (up to plan limits) when you’re traveling out of the country. Bear in mind Plan G does not include your Medicare Part B deductible ($233 in 2022). It’s worth doing the math to see if your rate generated for Plan G will save you money.
If you were eligible for Medicare before Jan. 1, 2020, another comprehensive medigap option is Plan C. This plan helps keep your monthly expenses consistent, as Plan C covers most Medicare-approved medical expenses. Plan C comes with the added benefit of covering your Medicare Part B deductible. However, Medicare’s Part B excess charge is not covered.
Pro Tip: Medicare supplement insurance plans A through G provide benefits at higher premiums with limited out-of-pocket costs. Plans K through N are cost-sharing plans offering similar benefits at lower premiums with greater out-of-pocket costs.
Older Adults Looking for the Most Complete Coverage Available
Plans F and G are the only two medigap plans that cover 100 percent of Medicare Part B excess charges. This protects you from additional expenses for treatments that exceed Medicare approval. Both Plan F and Plan G include all of the benefits of Plans A and B, plus skilled nursing facility care, Medicare Part A deductible, and international travel emergency help.
Plan F also has a high-deductible option with a lower premium but note that the deductible is not fixed and can go up each year. Keep in mind Medicare Plan F and High Deductible Plan F are only available to Medicare beneficiaries who were eligible for Medicare before Jan. 1, 2020.
Quick Tip: Visit our list of the best medigap providers in 2023 to learn why Humana is a top contender.
Seniors on Tight Budgets Who Don’t Need Frequent Doctor Visits
Medicare Plans K and L offer lower premiums for less coverage. You get the same basic benefits but with less coinsurance and copayment coverage. On the other hand, you are protected by out-of-pocket maximums that limit the amount you may pay each year. After that maximum is reached, the plan pays 100 percent of Medicare-approved costs for the remainder of the year. These plans give peace of mind in case of serious illness or accident. Plan K offers a lower premium than Plan L, but it has higher coinsurance amounts and annual out-of-pocket maximums.
Plan N is similar to Plans K and L in that it maintains a lower premium than other plans, but it offers more coverage than K and L. Plan N covers 100 percent of your Medicare Part B coinsurance costs, but you will have a $20 copay for office visits, and a $50 copay for ER visits. All three of these plans may be attractive medigap plan options for healthy seniors who will rarely use their Medicare benefits.
From the Pros: As you shop for the best medigap plan to meet your needs, it’s important to understand what Medicare does (and does not) cover. Head over to our Medicare guide for more details.
How Much Do Humana Medigap Plans Cost?
All 10 medigap plans are federally standardized. This means the benefits included under medigap Plan A are the same whether you live in Connecticut or Colorado. However, medigap pricing is based on several key factors, including location. For example, New Jersey, Louisiana, and Nevada tend to have the costliest medigap premiums, while Hawaii, New Mexico, and Oregon have the cheapest yearly costs. In addition to location, your medigap plan premium may be affected by the following:
- Marital status
- Medigap provider and plan selected
- Community-rated or attained-age pricing
- Smoking status
- Time of enrollment
We've queried four popular medigap plans for a snapshot of how medigap pricing varies. Rates are based on a non-smoking 65-year-old female located in Delaware (ZIP code 19803). Knowing when you’re eligible for a medigap policy is crucial as your premium may be considerably higher outside of open enrollment. In the chart below, we’ve included preferred rates (when you enroll during the initial enrollment period) and standard rates (when you enroll outside of the initial enrollment period). Keep in mind: Rates can vary greatly from person to person, and the prices below are only an example for one individual.
|Medigap plan||65-year-old female preferred rate*||65-year-old female standard rate|
|Plan A||$123.43 per month||$195.27 per month|
|Plan G||$162.27 per month||$257.02 per month|
|Plan K||$72.49 per month||$117.93 per month|
|Plan L||$113.34 per month||$179.21 per month|
*Preferred rate also includes Humana’s online enrollment discount.
Buyer's Tip: Visit our Humana and senior care guide to learn more about Humana’s cost and coverage for different types of care.
How to Buy a Humana Medigap Policy
Humana earns high marks for its user-friendly online enrollment process. It’s easy to research and compare Humana’s medigap plan options side by side. Need a bit of extra assistance? No worries! Help is just a phone call away by contacting a licensed Humana sales agent. We appreciate that Humana offers an online enrollment option, as Colonial Penn, another provider we’ve reviewed, requires you to get a quote and enroll over the phone.
Below is a step-by-step guide to enrolling in a Humana medigap plan online.
- Use the ZIP code search on Humana’s website to find what is available in your area. You may also need to enter the county where you reside.
- Then, you’ll need to plug in basic information to get a personalized quote with specific pricing. Once you input this information, you’ll be able to see a quote for all of the available medigap plans for easy comparison.
- Next, you’ll be directed to a page that lets you compare all the Humana plans available in your area. Review the plan benefits to zone in on your preferred plans. Click on the “See outline of coverage” button for each medigap plan’s full explanation of benefits. If you decide to enroll in a Humana Medicare supplement plan, click the “Enroll” button.
- After clicking the “Enroll” button, carefully review your personal information, eligibility, payment schedule, and Humana’s agreements. You’ll need to input your Medicare ID number, so have your card on hand. If you opt for ACH or credit card monthly payments of future premiums, you may be eligible for a discount.
Money Saving Tip: Living on a fixed income can be challenging. Humana helps lessen the burden by offering budget-friendly medigap plans. It’s no surprise they made it onto our list of best medigap providers for low-income seniors!
Final Thoughts on Humana
Humana has competitive rates and wallet-friendly enrollment discounts. The company’s size allows it to offer a few more bells and whistles compared to smaller companies. Humana helps seniors optimize their health with extensive wellness discounts and a free fitness membership. The ability to customize your coverage with add-ons like dental, vision, and prescription plans is a noteworthy benefit. Overall, the options and price points make Humana a solid choice for your medigap needs.
Frequently Asked Questions About Humana
What are the eligibility requirements?
To buy a Medicare supplement plan, you must be enrolled in Medicare Parts A and B, live in the state where the policy is offered, and be age 65 or over.2 In some states, you may be eligible before age 65 if you have a disability or end-stage renal disease.
Does it matter when I enroll?
Yes, timing matters. The Medicare supplement open enrollment period starts on the first day of the first month in which you’re age 65 or older and enrolled in Medicare Part B. In some states, you can buy a plan on the first day you’re enrolled in Medicare Part B, even if you’re not yet 65. If you meet certain criteria, such as applying during your Medicare supplement open enrollment period, or if you qualify for guaranteed issue, a company can’t use your medical history to determine your eligibility. Rules in some states may vary.
Before I begin, what do I need to have on hand to complete the online enrollment?
To complete your enrollment form, you’ll need to have your Medicare card or your letter from the Social Security Administration or Railroad Retirement Board on hand. If you currently have a pop-up blocker on your computer, disable it before beginning to fill out the forms.
Is online enrollment official?
Yes. By completing the form and hitting the send button, you are sending an official enrollment election to Humana. The enrollment packet and a copy of the completed enrollment form should arrive in your mail from Humana within seven to 10 business days.