Minnesota Medicare Insurance Plans

The state flag of Minnesota | Minnesota Medicare Insurance Plans

Medicare is a federally sponsored health insurance program available to those over the age of 65, as well as to individuals who have certain disabilities. At the state level, however, there exist specific organizations that help beneficiaries better understand the Medicare process, and Medicare recipients may even qualify to receive state subsidies, depending on their circumstances. Consider the following information if you are interested in obtaining Medicare coverage in the state of Minnesota.

Medicare Supplement Insurance (Medigap) Policies

Minnesota does require Medigap insurance companies to sell you a Medigap policy, even if you’re under 65.  Medigap policies are standardized in a different way in Minnesota, it is considered a waiver state which means it provides different kinds of Medigap policies NOT labeled with letters and provides comparable benefits to standardized policies.  For more details visit CMS.gov.

Mini-COBRA Policies (Small Group)

Minnesota mandates continuation coverage under the Minnesota mini-COBRA law for small employers of 2 to 19 employees.

Minnesota Medicare Savings Program

There are four Medicare Savings Programs available in the state of Minnesota.

*The following data is from 2017 and is based on federal amounts. If your income and resources are slightly higher, you should still apply, you may qualify for benefits even if your income is higher than the limits listed.*

  • *Qualified Medicare Beneficiaries (QMBs): QMBs range from individuals with a monthly income under $1,010 or couples with a monthly income under $1,355. The state pays all premiums for Medicare Part B and all co-payments and deductibles for Medicare Parts A and B.
  • *Specified Low-Income Medicare Beneficiaries (SLMBs): SLMBs range from individuals with a monthly income under $1,208 or couples with a monthly income under $1,622. The state pays premiums for Medicare Part B.
  • *Qualified Individuals (QIs): QIs range from individuals with a monthly income under $1,357 or couples with a monthly income under $1,823.  The state pays premiums for Medicare Part B.
  • *Qualified Working and Disabled Individuals (QWDIs): QWDIs range from individuals with a monthly income under $4,045 or couples with a monthly income under $5,425. The state pays premiums for Medicare Part A.

*Data from Medicare.gov

State Health Insurance Assistance Program (SHIP)

The local Minnesota SHIP Program (Senior LinkAge Line) is available to help you understand your available Medicare benefits. Senior LinkAge Line is a confidential and personal Medicare beneficiary counseling program in Minnesota.

Senior LinkAge Line provides education, counseling, and information concerning:

  • Medicare
  • Prescription drug expense assistance for Minnesotans of all ages
  • Health insurance counseling
  • Forms assistance, including help applying for Medical Assistance and Medicare options
  • Long-term care insurance, including the Long-Term Care Partnership
  • Long-term care planning options
  • Caregiver planning and support
  • Grandparents raising grandchildren

The SHIP program in Minnesota is funded by a grant through the Centers for Medicare and Medicaid Services (CMS).

(ExtraHelp) for Prescription Drugs

In 2017, you may qualify if you have up to $17,820 in yearly income ($24,030 for a married couple). To compare Minnesota Medicare insurance plans, consult with a Medicare Solutions licensed sales agent today. A knowledgeable licensed sales agent can answer questions you have about plan comparisons and ensure you locate the Medicare insurance benefits that meet your needs.