Explore All Medigap Supplement Plans in New Mexico: Comprehensive Coverage Options
Discover the full range of Medigap plans available in New Mexico, offered by top Medicare-approved insurers. Understand coverage benefits, plan differences, and how to select the best supplemental insurance for your Medicare needs.
If you are enrolled in Original Medicare (Part A and Part B), you can enhance your healthcare protection with Medicare Supplement Insurance, also known as Medigap. These plans, provided by private insurance companies authorized by Medicare, help cover out-of-pocket costs that Original Medicare doesn’t fully pay.
Medigap plans can also fill gaps in coverage by paying for services and expenses that Original Medicare excludes.
Key Medicare Terms Explained
- Premium: The monthly fee you pay to maintain your Medicare coverage.
- Deductible: The annual amount you pay before Medicare starts covering certain services.
- Copayment: A fixed fee you pay for specific healthcare services, commonly associated with prescription drugs under Medicare.
- Coinsurance: The percentage of costs you are responsible for after Medicare pays its share, typically 20% for Part B services.
Medigap Plans Offered in New Mexico
New Mexico residents can choose from all 10 standardized Medigap plans, labeled A through N. These plans have uniform benefits across insurance providers, but premiums may vary depending on the company and other factors.
Note that Plans C and F are only available to individuals who became eligible for Medicare before January 1, 2020. Offering these plans to new Medicare beneficiaries after this date is prohibited.
Leading insurers offering Medigap plans in New Mexico include:
- AARP – UnitedHealthcare
- AFLAC
- Allstate Health Solutions
- Blue Cross and Blue Shield of New Mexico
- Cigna
- Mutual of Omaha
- State Farm
- Transamerica Life Insurance
- USAA Life Insurance
» Learn how to select the right Medigap plan for you
Comparing Medigap Coverage Options
Below is a detailed comparison of what each Medigap plan covers, helping you make an informed decision based on your healthcare needs.
| Benefit | Plan A | Plan B | Plan C | Plan D | Plan F |
|---|---|---|---|---|---|
| Hospital coinsurance and extended coverage (up to 365 extra days) | Yes | Yes | Yes | Yes | Yes |
| Part B coinsurance or copayment | Yes | Yes | Yes | Yes | Yes |
| Blood (first 3 pints) | Yes | Yes | Yes | Yes | Yes |
| Hospice care coinsurance/copayment | Yes | Yes | Yes | Yes | Yes |
| Skilled nursing facility coinsurance | No | No | Yes | Yes | Yes |
| Part A deductible | No | Yes | Yes | Yes | Yes |
| Part B deductible | No | No | Yes | No | Yes |
| Part B excess charges | No | No | No | No | Yes |
| Foreign travel emergency (up to plan limits) | No | No | 80% | 80% | 80% |
| Benefit | Plan G | Plan K | Plan L | Plan M | Plan N |
|---|---|---|---|---|---|
| Hospital coinsurance and extended coverage (up to 365 extra days) | Yes | Yes | Yes | Yes | Yes |
| Part B coinsurance or copayment | Yes | 50% | 75% | Yes | Yes |
| Blood (first 3 pints) | Yes | 50% | 75% | Yes | Yes |
| Hospice care coinsurance/copayment | Yes | 50% | 75% | Yes | Yes |
| Skilled nursing facility coinsurance | Yes | 50% | 75% | Yes | Yes |
| Part A deductible | Yes | 50% | 75% | 50% | Yes |
| Part B deductible | No | No | No | No | No |
| Part B excess charges | Yes | No | No | No | No |
| Foreign travel emergency (up to plan limits) | 80% | No | No | 80% | 80% |
| Out-of-pocket limit | None | $7,220 (2025) | $3,610 (2025) | None | None |
» Find out if a Medigap plan fits your healthcare needs
Understanding Medigap Premiums in New Mexico
Medigap monthly premiums vary based on the insurance provider, your age, gender, health condition, and the timing of your purchase. The Medicare Plan Finder tool can assist you in comparing plans and pricing available in New Mexico.
Below is an overview of typical monthly premium ranges for Medigap plans in New Mexico. Remember, these costs are in addition to the Medicare Part B premium that you must pay separately.
- Age
- Gender
- Health status
- Enrollment timing
| Medigap Plan | Typical Monthly Premium Range |
|---|---|
| Plan A | $95 to $827 |
| Plan B | $123 to $571 |
| Plan C | $161 to $551 |
| Plan D | $118 to $355 |
| Plan F | $127 to $724 |
| Plan G | $104 to $726 |
| Plan K | $43 to $218 |
| Plan L | $83 to $290 |
| Plan M | $102 to $260 |
| Plan N | $80 to $551 |
» Explore whether a comprehensive Medigap plan is right for you
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