Many Wyoming residents obtain health insurance by signing up for Medicare insurance coverage. Medicare is a federal health insurance program designed for people who are 65 years of age or older, as well as people who have certain disabilities or health conditions. The Wyoming government also offers a variety of assistance programs to help Medicare beneficiaries.
Wyoming Medicare Insurance Trends
The Centers for Medicare & Medicaid Services (CMS) reported the following information on 2024 Medicare trends in Wyoming:
- Currently, 122,946 residents of Wyoming are enrolled in Medicare.
- The average Medicare Advantage monthly premium decreased from $28.48 in 2023 to $22.63 in 2024.
- There are 15 Medicare Advantage plans available in Wyoming.
- All Wyoming residents with Medicare have access to Medicare Advantage, including plans with $0 premiums.
- There are 22 different Medicare prescription drug plans available in Wyoming for 2024.
- The lowest monthly premium for a Medicare prescription drug plan has lowered to $0.50.
Medicare Offered in Wyoming
Medicare is a government-sponsored health care program that offers financial assistance to American citizens ages 65 and over or those with disabilities. You can choose from Original Medicare, Medicare Advantage, and a Medicare Supplement plan.
The primary coverage comes from Original Medicare, Part A, and Part B. Medicare Part A covers inpatient care in hospitals, critical access hospitals, and skilled nursing facilities. Hospice care and some types of home health care are included as well.
Medicare Part B covers doctor services and outpatient hospital care, and some health care services that are not covered in Medicare Part A. These include physical therapists and the use of durable medical supplies.
Medicare Part A does not typically require premiums, although in some cases, it may be required. Medicare Part B does require premiums based on the beneficiary’s income.
Both Medicare Part A and Part B may also require the beneficiary to pay for out-of-pocket expenses. These include deductibles, copays, and coinsurance costs.
Also known as Medicare Part C, these Medicare Advantage Plans can take the place of Original Medicare. These are also available from private carriers with approval from Medicare. These plans provide the primary benefits included in Original Medicare, plus additional benefits such as coverage for health care services that are not covered by Medicare Part A and Part B.
In 2024, companies offering Medicare Advantage plans in the state, with ratings, include:
- Lasso Healthcare Growth (MSA) – 2/5 stars
- Lasso Healthcare Growth Plus (MSA) – 2/5 stars
- United Healthcare Medicare Direct Patriot (PFFS) – 3.5/5 stars
- United Healthcare Medicare Direct Rx (PFFS) – 3.5/5 stars
These Medicare Advantage plans are based on medicare.gov and their overall rating of plan quality and performance, found here.
Medicare Supplement Plans
Medicare authorizes some private health insurance companies in Wyoming to provide supplemental plans for Original Medicare. These plans, also called Medigap, can cover extra health care services that Original Medicare does not include. Plans may also cover the costs of deductibles, coinsurance, and copays.
Companies offering Medicare Supplement plans in the state include:
- AARP – UnitedHealthcare
- BlueCross BlueShield of Wyoming
- Colonial Penn
- Garden State
- Mutual of Omaha
- State Farm
Wyoming Medicare Enrollment
Citizens of Wyoming are eligible for Medicare if they are a U.S. citizen and above 65 years old, or are under 65 but are permanently disabled, have end-stage renal disease, or Amyotrophic Lateral Sclerosis. Use Medicare’s online eligibility tool to see if you qualify.
- You are 65 or older, and you or your spouse worked and paid Medicare taxes for at least 40 quarters.
- You are under age 65 and collect benefits from Social Security or the Railroad Retirement Board for at least 24 consecutive months.
- You have ESRD or ALS.
Enrollment Period Dates
Initial Enrollment Period
This is a seven-month window that allows you to sign up for a plan
- Begins 3 months before the month you turn 65
- Ends 3 months after the month you turn 65
Medicare Open Enrollment Period
This is when you can sign up for a plan, switch a plan or leave a plan
- Starts October 1st
- Ends December 7th
Special Enrollment Period
Special enrollment periods allow you to enroll outside the regular enrollment periods under specific circumstances.
General Enrollment Period
This is when you can sign up for Medicare Part A and/or Part B if you didn’t sign up when first eligible or if you’re not qualified for a Special Enrollment Period.
- Starts October 1st
- Ends December 7th
Medicare Advantage Open Enrollment Period
This is when you can switch or leave a Medicare Advantage Plan
- Starts January 1st
- Ends March 31st
Wyoming Enrollment Tips & Advice
While Medicare offers the same coverage for everyone, Medicare Advantage plans are structured differently. When selecting a plan, it’s important to take different aspects into account. The plan that is best for you largely depends on your unique situation and preferences, and you should always consider a plan’s cost, the provider network, the plan’s design, and reviews.
How Do I Enroll in a Medicare Plan?
If you’re not sure about your Medicare coverage, talk to one of our licensed agents so that they can find the plan best suited for you. We’ll find a plan that suits your needs and your budget!