eHealth Analysis Shows People on Medicare Can Save 39% or More on Medicare Supplement Plans by Comparison Shopping
Survey of Medicare Supplement Plans A, N and F offerings across 68
zip codes shows Medicare Supplement Plan premiums range from a low-end
average of
eHealth analyzed the monthly premiums of Medicare Supplement (or
Medigap) Plan F, Plan N and Plan A available at eHealthMedicare.com or
through eHealth’s call centers for non-smoking men and women across 68
zip codes. eHealth’s analysis found that comparison shopping had the
potential to save seniors over
While there are 10 types of Medicare Supplement plans available nationwide, historically 40%1 of all persons enrolled in a Medicare Supplement plan are enrolled in Plan F, which traditionally makes it the most popular plan by more than a three-to-one margin. By comparison, the lower-cost Medicare Supplement Plans N and A traditionally make up 5%1 of combined enrollments (2010 figures).
“You should not have to be a health insurance expert to pick a
Highlights from eHealth’s analysis of Medicare Supplement plan premiums for plans offered on its websites or through its call centers are provided below. The full report is available for download here.
For women:
-
On Medicare Supplement Plan F, women could save 42% on
average by reviewing all their options and choosing the one with the
lowest premium. For women across the 68 zip codes in the
study, Medicare Supplement Plan F premiums vary by as little as 18% in
Bismarck, North Dakota to as much as 62% in bothPhoenix, Arizona andCincinnati, Ohio . -
On average, the difference in premium between the highest priced and
lowest priced Medicare Supplement Plan F plan available on
eHealthMedicare.com was
$112 per month for women. -
On Medicare Supplement Plan A, women could save 52% on
average by reviewing all their options and choosing the one with the
lowest premium. For women across the 68 zip codes in the
study, Medicare Supplement Plan A premiums vary by as little as 20% in
Tampa, Florida to as much as 82% inWashington D.C. -
On average, the difference in premium between the highest priced and
lowest priced Medicare Supplement Plan A plan available on
eHealthMedicare.com was
$114 per month for women. -
On Medicare Supplement Plan N, women could save 39% on
average by reviewing all their options and choosing the one with the
lowest premium. For women across the 68 zip codes in the
study, Medicare Supplement Plan N premiums vary by as little as 3% in
Honolulu, Hawaii to as much as 63% inIndianapolis, Indiana . -
On average, the difference in premium between the highest priced and
lowest priced Medicare Supplement Plan N plan available on
eHealthMedicare.com was
$72 per month for women.
For men:
-
On Medicare Supplement Plan F, men could save 44% on average
by reviewing all their options and choosing the one with the lowest
premium. For men across the 68 zip codes in the study,
Medicare Supplement Plan F premiums vary by as little as 17% in
Tampa, Florida to as much as 67% inCincinnati, Ohio . -
On average, the difference in premium between the highest priced and
lowest priced Medicare Supplement Plan F plan available on
eHealthMedicare.com was
$131 per month for men. -
On Medicare Supplement Plan A, men could save 54% on average
by reviewing all their options and choosing the one with the lowest
premium: For men across the 68 zip codes in the study,
Medicare Supplement Plan A premiums vary by as little as 17% in
Tampa, Florida to as much as 83% inWashington D.C. -
On average, the difference in premium between the highest priced and
lowest priced Medicare Supplement Plan F plan available on
eHealthMedicare.com was
$130 per month for men. -
On Medicare Supplement Plan N, men could save 40% on average
by reviewing all their options and choosing the one with the lowest
premium. For men across the 68 zip codes in the study,
Medicare Supplement Plan N premiums vary by as little as 8% in
Juneau, Alaska , to as much as 64% inHouston, Texas andPhoenix, Arizona . -
On average, the difference in premium between the highest priced and
lowest priced Medicare Supplement Plan N plan available on
eHealthMedicare.com was
$82 per month for men.
Medicare Supplement Plan F Premium Data by Zip
Code for Men
The following figures represent the lowest
monthly premiums and highest available monthly premiums for
|
||||||||||
Zip code (metro |
Number of |
Lowest |
Highest |
Difference |
Percent |
|||||
Averages across |
8 | $148.20 | $279.17 | $130.98 | 44% | |||||
Medicare Supplement Plan A Premium Data by Zip
Code for Men
The following figures represent the lowest
monthly premiums and highest available monthly premiums for
Zip code (metro area) |
Number |
Lowest |
Highest |
Difference |
Percent |
|||||
Averages across all zip |
7 |
$95.14 |
$225.34 |
$130.20 |
54% |
|||||
Medicare Supplement Plan N Premium Data by Zip
Code for Men
The following figures represent the lowest
monthly premiums and highest available monthly premiums for
Zip code (metro area) |
Number |
Lowest |
Highest |
Difference |
Percent |
|||||
Averages across all zip |
7 | $105.30 |
$187.47 |
$82.17 | 40% | |||||
Medicare Supplement Plan F Premium Data by Zip
Code for Women
The following figures represent the
lowest monthly premiums and highest available monthly premiums for
Medicare Supplement Plan F plans available on eHealthMedicare.com for
female non-smokers at age 65. Today on eHealthMedicare.com, seniors can
choose between an average of 8 Medicare Supplement F plans in the 68 zip
codes used for this analysis.
Zip code (metro area) |
Number |
Lowest |
Highest |
Difference |
Percent |
|||||
Averages across all zip |
8 |
$144.19 |
$255.69 |
$111.50 |
42% |
|||||
Medicare Supplement Plan A Premium Data by Zip
Code for Women
The following figures represent the
lowest monthly premiums and highest available monthly premiums for
Medicare Supplement Plan A plans available on eHealthMedicare.com for
female non-smokers at age 65. Today on eHealthMedicare.com, seniors can
choose between an average of 7 Medicare Supplement A plans in the 68 zip
codes used for this analysis.
Zip code (metro area) |
Number |
Lowest |
Highest |
Difference |
Percent |
|||||
Averages across all zip |
7 |
$93.48 |
$207.25 |
$113.78 |
52% |
|||||
Medicare Supplement Plan N Premium Data by Zip
Code for Women
The following figures represent the
lowest monthly premiums and highest available monthly premiums for
Medicare Supplement Plan N plans available on eHealthMedicare.com for
female non-smokers at age 65. Today on eHealthMedicare.com, seniors can
choose between an average of 7 Medicare Supplement N plans in the 68 zip
codes used for this analysis.
Zip code (metro area) |
Number |
Lowest |
Highest |
Difference |
Percent |
|||||
Averages across all zip |
7 |
$99.93 |
$171.81 |
$71.88 |
39% |
|||||
Other plans not offered by eHealth, and therefore not included in this study, may be available in each zip code. Price differences may not reflect such plans not included in this study. In addition, price differences in zip codes not included in this study may not correlate with the differences found for the zip codes in this study. The zip codes selected may not be a representative sampling of all zip codes. eHealth may only offer Medicare Supplement plans over the phone instead of online.
Notes:
1 Data from a
eHealth
For more health insurance news and information, visit eHealth's Consumer Resource Center.
View source version on businesswire.com: http://www.businesswire.com/news/home/20171003005662/en/
Source:
DMA Communications for eHealth, Inc.
Sande Drew, 916-207-7674
sande.drew@ehealth.com
or
eHealth,
Inc.
Nate Purpura, 650-210-3115
nate.purpura@ehealth.com