New Mexico Medicare Supplement Plans
New Mexico is the 36th most populous state with a population of nearly 2 million people. Many seniors in New Mexico enroll in Medicare when they turn the age of 65.
New Mexico Quick Medicare Facts
- New Mexico has approximately 373,000 beneficiaries enrolled in Medicare (2015, kff.org).
- Roughly, 55,000 individuals who signed up for a Medicare Supplement Plan or “Medigap” policy is approximately (2015, AHIP.org).
- The top three popular plans in New Mexico are Plan F, N, and J. (2015, AHIP.org)
Getting a Medigap policy can help cover some of the “gaps” Original Medicare does not typically cover. There are currently ten different supplemental plans available in the state of New Mexico. The best time to enroll in a Medicare Supplement is during the Medigap Open Enrollment Period which is a six-month period beginning on the month you are 65 or older and enrolled in Medicare Part B. If you enroll after this period, you might have to undergo medical underwriting which coverage can be denied if you have a disability or pre-existing condition.