When you have Original Medicare, finding a Medicare Supplement plan is crucial in ensuring you have the best coverage possible. Luckily, there are several reputable companies to choose from whose plans are among the highest-rated on the market.
Mutual of Omaha, Aetna, Cigna, and Humana are some of the most widely available carriers, offering plans in all 50 states and throughout 84% of counties nationwide. By empowering their members to lead healthy lifestyles and offering a diverse line of insurance products, These carriers serve many types of Medicare customers.
What do supplemental plans cover?
Medicare Supplemental Companies have plans that help cover some of the gaps in your Original Medicare coverage, including:
- Copays
- Coinsurance
- Deductibles
Supplemental plans are offered by private insurance companies and approved by Medicare. There are ten different types of supplemental plans available, each with different benefits. You can enroll in a supplemental plan even if you have a Medicare Advantage Plan.
Medicare Supplemental Companies offer plans that do do not include Part D prescription drug coverage, which is available through a separate Prescription Drug Plan. When shopping for supplemental coverage, be sure to compare the different carriers and their plans to find the best fit for your needs.
You can enroll in a supplemental plan during your Initial Enrollment Period, which is the seven-month period that begins when you turn 65 years old or older and are first eligible for Medicare Part B. You can also enroll during the annual Open Enrollment Period, which runs from October 15 to December 7th. If you have a qualifying life event, you may be able to enroll outside of these periods.
Why are some carriers rated higher than others!
One important factor to consider when shopping for supplemental coverage is the carrier’s financial stability. You want to be sure that the company you choose will be able to pay your claims in a timely manner.
Another thing to look at is customer satisfaction. You can find out how satisfied customers are with a company by looking at their rating with the Better Business Bureau or reading customer reviews.
It’s also important to consider the carrier’s network of doctors and hospitals. Be sure to check that your favorite providers are in the carrier’s network before enrolling in a plan.
When you have Original Medicare, finding a Medicare Supplemental plan is a crucial part of ensuring you have the best coverage possible.
Top Carriers
Mutual of Omaha is an A++ Carrier Medicare Supplemental; they have been in the market for over 50 plus years and are known for first-class customer service and dental, vision, and hearing plans for their customers.
Aetna A+ medicare supplement insurance has been in the market for 20 plus years with a huge reach through the country. Known for having a large arena of products to choose from with competitive prices.
Cigna A medicare supplement insurance has been in the market for 20 plus years. They have a large variety of products and great customer service. They are always competitive with pricing.
Humana A Carrier has been in the market a long time in the medicare advantage space. They have been in the Medicare Supplemental arena for about 8 years. Good customer service and decent pricing in certain markets.
All of these carriers have a pretty easy enrollment process. You will need to have your Medicare number in order to apply. Always keep in mind some carriers have application fees depending on the states in which you live.
Do not wait on your medicare supplement plans! These rates can change and go up. Why not get the best possible rate. You can do this by locking in your plan as early as possible. We work with over 35 different carriers, and we can help you with your enrollment process. Please visit us at www.myunitedinsurance.com or call us at 800-339-4112.