Medicare Supplement Insurance KY | Nova Insurance Group

Medicare Supplement Insurance for Central Kentucky Residents

Medicare pays a lot — but not everything. We help you fill the gaps.

Original Medicare (Parts A and B) is a strong healthcare foundation — but it doesn’t cover everything. Deductibles, coinsurance, and copayments can add up to thousands of dollars per year in out-of-pocket costs. Medicare Supplement insurance — also called Medigap — is designed to cover those gaps, giving you more predictable healthcare costs in retirement.

At Nova Insurance Group, we help residents throughout Lexington, Nicholasville, Jessamine County, Richmond, Berea, Danville, Harrodsburg, and across Central Kentucky compare Medicare Supplement plans from multiple carriers to find the best fit for their needs and budget.

Understanding the Parts of Medicare

• Medicare Part A (Hospital Insurance) — Covers inpatient hospital stays, skilled nursing facility care, hospice, and some home health services. Most enrollees pay no monthly premium for Part A, but face significant deductibles and coinsurance.
• Medicare Part B (Medical Insurance) — Covers doctor visits, outpatient services, preventive care, and durable medical equipment. Requires a monthly premium (income-based) plus an annual deductible and 20% coinsurance with no annual out-of-pocket maximum.
• Medicare Advantage (Part C) — A private plan alternative to Original Medicare that bundles Parts A and B (and often Part D) and may include dental, vision, and hearing. Typically uses provider networks and prior authorization.
• Medicare Part D (Prescription Drug Coverage) — Available as a standalone plan for Original Medicare enrollees, or bundled with Medicare Advantage.

What Does Medicare Supplement Insurance Cover?

Medicare Supplement plans (labeled A through N) pay for some or all out-of-pocket costs that Original Medicare leaves behind, including:

• Medicare Part A hospital deductible and coinsurance
• Medicare Part B coinsurance — typically 20% of covered services, with no annual cap
• Skilled nursing facility coinsurance
• Part A and Part B deductibles (on select plans)
• Foreign travel emergency coverage (on select plans)

Which Medicare Supplement Plan Is Right for You in Kentucky?

The most popular plans in Kentucky are Plan G and Plan N. Plan G covers nearly all Medicare cost-sharing except the Part B deductible. Plan N requires copayments for some doctor and ER visits but carries a lower monthly premium. The right choice depends on your health, how often you access medical care, and your budget.

As an independent agency, we compare rates for the same plan across multiple insurance carriers — because premiums for identical Medicare Supplement plans can vary significantly between companies.

When Can You Enroll in Medicare Supplement?

The best time to enroll is during your Medicare Supplement Open Enrollment Period — the 6-month window beginning on the first day of the month you turn 65 and are enrolled in Part B. During this period, insurers cannot deny coverage or charge more based on health conditions. Outside this window, medical underwriting may apply.

Frequently Asked Questions: Medicare Supplement Insurance in Kentucky

What is Medicare Supplement (Medigap) insurance?
Medicare Supplement — also called Medigap — is a private insurance policy that pays for the out-of-pocket costs (deductibles, coinsurance, copayments) that Original Medicare doesn’t cover. It does not replace Medicare; it works alongside it.

What is the difference between Medicare Supplement and Medicare Advantage?
Medicare Supplement works with Original Medicare to cover your cost-sharing. Medicare Advantage (Part C) replaces Original Medicare with a private plan that may include additional benefits but usually has network restrictions and prior authorization requirements.

What does Medicare Supplement Plan G cover in Kentucky?
Plan G is the most comprehensive Medigap plan available to new Medicare enrollees. It covers: the Part A hospital deductible, Part B coinsurance (20%), skilled nursing facility coinsurance, Part B excess charges, and foreign travel emergency. The only Medicare cost it does not cover is the annual Part B deductible.

When is the best time to enroll in Medicare Supplement in Kentucky?
The best time is during your 6-month Medigap Open Enrollment Period, which starts the month you turn 65 and are enrolled in Medicare Part B. During this window, insurers must accept your application regardless of health history. Applying after this window means you may face medical underwriting.

Does Medicare Supplement insurance cover prescriptions?
No. Medicare Supplement plans do not include prescription drug coverage. You’ll need a separate Medicare Part D plan for prescriptions if you’re enrolled in Original Medicare and a Medigap plan.