The Best Oklahoma Medicare Supplement Plans (2024)

Medicare Supplement plans cost an average of $137 per year for 65-year-olds and $155 per year for 75-year-olds.

The majority of individuals who are eligible for Medicare purchase Plan F or Plan G, which provide the most comprehensive coverage. Plan F costs around $144.780 a month, while Plan G costs around $120.80. Furthermore, Plan F is only available to people who become Medicare-eligible before 2020.

Plan N, which costs roughly $118.40 and provides comparable coverage aside from excess charges, is the second most popular option.

To evaluate the best alternatives, MoneyGeek looked at the average rates and benefits of these three plans. More information on different plan types and coverages can be found in our guide to picking the best Medicare Supplement plan in Oklahoma.

Aetna has the best Medigap Plan G in Oklahoma, with an average monthly cost of $123.88. However, MoneyGeek only listed the companies that offer online estimates. There might be Medicare Supplement plan providers in your state that do not have online quotes but can provide you with better rates and plans.

In Oklahoma, Plan G costs an average of $132.20 per month. However, actual rates vary by provider. Physicians Mutual, for example, has the cheapest Plan G for 65-year-olds in the state, with a monthly average of $97.40. Cigna has the most costly plan, at around $163.50. That's a monthly difference of roughly $66.10.

Costs vary based on when you buy, how old you are at the time, discounts and medical underwriting considerations.

In Oklahoma, 43 companies provide Plan G, but not all of them provide online rates. MoneyGeek compiled contact information for every Medicare Supplement plan provider in the state to help you find one that meets your needs. MoneyGeek also breaks down each provider's pricing practices so that you can see which ones may charge you extra based on your age.

Plan G, like other Medigap insurance, is standardized and must provide specific benefits. However, this plan excludes Part B deductibles and only covers 80% of foreign exchange within your plan's limits. In addition to standard coverage, some companies include extra benefits in their plans. For example, Emergency Foreign Travel is covered by Aetna.

Aetna is the best Medigap Plan F provider in Oklahoma, with an average monthly cost of $186.93. Aetna also has a high-deductible Plan F that may bring your monthly costs as low as $52.91. MoneyGeek only researched information from Oklahoma-based insurers that offer online estimates. Providers who conduct business over the phone, via email or in person might be able to provide lower rates.

In Oklahoma, Medigap Plan F costs an average of $144.80 per month. Actual prices can vary depending on a number of factors, including the provider you choose, your current age, the age you were when you bought the plan, discounts and medical underwriting considerations.

Aetna, for example, is the most affordable Plan F provider in the state for 75-year-olds, with monthly premiums averaging $126.50. Cigna, on the other hand, has the most costly premium at roughly $168.20. That's a palpable monthly difference of around $41.70.

Oklahoma has 44 Medicare Supplement Plan F providers. However, not all companies provide estimates online. That's why we gathered contact information for all Oklahoma providers to assist you in finding one that's right for you. MoneyGeek also displays the providers' pricing techniques so you can figure out which ones will charge you more based on your age.

Plan F is a comprehensive plan that is standardized across providers. This means that all providers must ensure their Plan F offers certain benefits. However, some provide additional features to attract consumers. For instance, Aetna features Foreign Travel Emergency care.

Aetna is the best option for Oklahoma seniors seeking Medicare Supplement Plan N, with a monthly average rate of $89.78. Please keep in mind that MoneyGeek only lists insurers who provide online estimates. Other Plan N providers in Oklahoma might be able to provide lower prices. To learn more about their cost and coverage, you'll need to contact them directly.

Plan N costs an average of $126.80 per month in Oklahoma, but your real cost may vary depending on your provider and a number of other factors, including your age, discounts and medical underwriting.

Aetna is the cheapest Plan N provider for a 65-year-old residing in the state, with a monthly average rate of $89.80. With premiums averaging $138.90 per month, Cigna is the most costly plan N provider. That's a difference of almost $49.10 each month.

Plan N is available from 40 different providers in Oklahoma. However, not all of them provide online estimates. MoneyGeek gathered contact information for all Oklahoma providers to assist you in finding one that meets your needs. MoneyGeek also displays the providers' pricing techniques so you can figure out which ones will charge you more based on your age.

Plan N is standardized, like other Medigap policies, and must provide a minimum of specific benefits. This includes Part A coinsurance and deductibles. Providers are free to integrate whatever extra functionality they choose. Aetna, for example, provides extra Foreign Travel Emergency coverage.

Other plan types are available for purchase in addition to Plans F, G and N. These plans — which include Plans A, B, C, D, K, L and M — are less popular since they usually provide less comprehensive coverage.

For the remaining letter plans, MoneyGeek determined that UnitedHealthcare and Aetna offer the best Medicare Supplement plans in Oklahoma. The providers listed below also provide Medigap policies in the state and offer online quotes:

• UnitedHealthcare
• Aetna
• Cigna
• Physicians Mutual Insurance Company

Plan C will not be accessible in Oklahoma or any other state if you first become eligible for Medicare after January 1, 2020.

In Oklahoma, Medicare Supplement is a complex topic. MoneyGeek gathered and evaluated price data for Oklahoma plan types and generated a simple comparison chart. This can help you compare Medigap plans in Oklahoma more easily.

There are many levels of coverage when it comes to Medigap insurance. Depending on when you become eligible for Medicare, you may only be able to choose from a limited number of plan options. The most extensive plans are Plan F and Plan C. However, they are no longer available to new participants. Plan G and Plan D have taken their place, and you can compare coverages and typical charges using the table below.

The cost of Medicare supplemental insurance varies depending on the type of plan and provider you select. Aetna has the most reasonable costs in Oklahoma for most letter plans, while UnitedHealthcare has the lowest monthly premiums for Plans K and L.

Different pricing styles are utilized by providers to determine rates. Here are the three most commonly used pricing styles:

• Attained Age: In many places, including Oklahoma, this is the most frequently used pricing method. Your rates will increase as you become older because your rate is influenced by your current age.
• Issue-Age: In this pricing model, premiums are determined by your age at the time you buy your policy.
• Community-Rated: Community-rated plans have the same monthly cost regardless of age, according to providers.

To help you understand Medicare Supplement plans, MoneyGeek answered the most commonly asked questions.

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