Get An Instant Quote Now



How much does a Medicare Supplement Plan Cost In Stockton, California?


How much does a Medicare supplement plan cost in Stockton, California?  Well, that depends upon a variety of factors.  Generally, Medicare supplement plan monthly premiums run slightly higher in California than they do in most other states.  But there are other factors that have a far greater impact on price.

We will list the factors that impact the premium rates of Medicare supplement insurance.  They are ordered from the most significant impact, to the least:

  • Plan Type
  • Age
  • Company
  • Tobacco Use
  • Health Status
  • Region

Plan Type
The most significant factor is the plan type that you choose.  For example, the monthly premium of a plan type "F" is going to be significantly higher than the monthly premium of a "high deductible plan type F".  This is because each Medicare supplement plan type offers a different benefit structure.  All supplement plans are designed to cover medical costs that are not covered by traditional Medicare.  However, some plans pick up more medical costs than others.  These benefit differences are reflected in monthly premium.

Age
With very few exceptions, the older you are, the higher your monthly premium.

Good to know:  Shop Generic Drugs.  If you're looking to reduce your medical bills and reduce out of control medical spending, you can start by shopping generically.  Consumers tend to think of generic options as less effective or even as harmful.  This is not the case, however, when it comes to generic prescription drugs.  Though these alternatives may not be as flashy as the name-brand drugs advertised on commercials, they treat patient illnesses just as effectively for only a fraction of the cost.  You can increase your drug savings even more by shopping in preferred pharmacies or online at vendors such as GoodRx.  These options allow you access to a wide range of generic and name brand drugs at lower costs.  Preferred pharmacies take the extra step of reducing dispensing fees, saving you even more money on your next drug purchase.  For this reason, it's worth seeing if a preferred pharmacy network is included in your healthcare plan.  If not, you may want to review your options and see if adding such a plan would benefit you.


San Joaquin General Hospital - health care sharing
San Joaquin General Hospital
500 W Hospital Rd
French Camp, CA 95231
Telephone: (209) 468-6000
Plus Code: VPP7+7X French Camp, California




Company
In Stockton, Medicare supplement monthly premiums vary wildly depending upon which insurance company you buy the plan from.  The fact that plan benefits may be exactly the same, does not mean the monthly premium will be.  While traditional Medicare is a government program, Medicare supplement plans are offered by private insurance companies.  They get to set the pricing of the plans they offer.

Tobacco Use
Most insurance companies in California will charge a slightly higher monthly premium for Medicare supplement coverage if you smoke or chew tobacco.

Health Status
In some cases, if you are not enrolling within the open enrollment - guarantee issue time frame for Medicare supplement coverage, some companies in California will charge you a higher rate if you have specific medical issues.  Please contact us if you have questions concerning this.

Gender
Unlike most states in the U.S., Medicare supplement insurance plan rates in California are not affected by gender.  Regardless of your gender, the monthly premium rates are the same.

Region
The cost of your Medicare supplement plan can vary moderately dependent on where you live within the state.  There are a multitude of factors that impact this variance of pricing within California.  Such factors include:  The regional costs of physician and hospital services, Fee schedule negotiated by the insurance companies for services.  Fee schedule negotiated by the insurance companies for prescription drug pricing.

On Average For 2020

On average, in Stockton, California, for a standard plan A, the average monthly premium for a 65 year old non-tobacco applicant would be:  $98 - $139.
Insurance carriers offering Medicare Supplement plan in Stockton, CA include:  Blue Cross of California, Blue Shield of California, Healthnet, Aetna, Transamerica, IAC, Cigna, Gerber Life and Mutual of Omaha.

Good to know:  Tell the Truth on your application: Did you know that in some circumstances, health plan companies are not legally obligated to honor your policy and pay claims if you knowingly misrepresented the truth on your application?  Getting your application accepted, or getting a cheaper premium, is not worth the risk of the company canceling your policy because you misrepresented the truth.



Get An Instant Quote Now


Other articles:
Explaining the Growth of HealthCare Sharing Plans.
3 Steps in Acquiring Medicare Supplement Insurance Coverage in California
Resources



Request a Call Back

We are pleased to assist and will respond promptly.