Looking for information on AARP Medicare Supplement Plans? You’ve come to the right place. In this blog post, we will provide an overview of the different plans offered by AARP, as well as what each one covers. We will also compare AARP Medicare Supplement Review to Original Medicare and Medicare Advantage plans to help you decide which is best for you.
Background on AARP Plans
Quick AARP Medicare Supplement Review: AARP offers a wide selection of Medicare Supplement Insurance plans (also called Medigap) that are underwritten by UnitedHealthcare Insurance Company, the nation’s largest health insurance, and Medigap provider.
Formerly known as the American Association of Retired Persons, AARP has advocated for adults aged 50 and older since 1958. In addition to offering discounts and reward programs for seniors and retirees, it licenses its name to the UnitedHealthcare Insurance Company. With more than 4 million beneficiaries, UnitedHealthcare (based in Hartford, Connecticut) is the nation’s leading Medicare Supplement Insurance plan provider, with millions of insured members nationwide. The company underwrites AARP Medicare Supplement plans, Medicare Advantage plans, and Part D prescription drug benefits.
What Are Their Ratings for 2022?
AARP is rated A+ by the Better Business Bureau (BBB) and has been accredited by the BBB since 1955. UnitedHealthcare Insurance Company, which underwrites AARP Medicare Supplement plans, is not BBB accredited but has an A rating with the organization.
What Plans Do They Offer?
AARP offers eight different Medicare Supplement plans, each with different levels of coverage. The eight plans are:
- Plan G
- Plan K
- Plan L
- Plan N
Here’s a brief overview of each plan:
- G is similar to Plan F, but does not cover the Part B deductible.
- K has a lower monthly premium than other plans offered by AARP but has a higher out-of-pocket maximum.
- L has a lower monthly premium than other plans but covers 50% of the Part B deductible and 75% of foreign travel emergency care.
- N pays 100% of the Part B coinsurance but does not cover the Part B deductible or excess charges.
What Do Their Plans Cover?
Also called Medigap, AARP Medigap plans work with Original Medicare Parts A and B. They help beneficiaries reduce their out-of-pocket costs by lowering or eliminating copays, coinsurance payments, and deductibles. They can even cover expenses such as mental health visits, dental, vision, hearing, emergency room visits, or even care at a skilled nursing facility. Coverage is valid at Medicare-participating doctors and hospitals across the United States even when traveling (though many do not cover foreign travel emergencies), and plans are guaranteed to be renewable as long as you continue to pay your monthly premiums. Medicare Supplement Insurance plans are also compatible with Medicare Part D plans that can lower your prescription drug costs.
Once you are an AARP Medigap plan member, you will be issued an AARP member ID card which can be used when receiving medical services. The following services and discounts are also included:
- Gym membership
- 24/7 nurse line
- Hearing discount through HearUSA providers
- Vision discount through EyeMed
- Dental discount through Dentegra
- AARP Staying Sharp brain health program
- AARP Smart Driver Course
They Also Offer Medicare Advantage Plans
AARP also offers Medicare Advantage plans, which are an alternative to Original Medicare. These plans provide the same coverage as Medicare Parts A and B, but they are offered by private insurance companies and have additional features such as prescription drug coverage, dental, and vision. Some Medicare Advantage plans also offer extra benefits such as transportation or wellness programs.
AARP offers two types of Medicare Advantage plans: Health Maintenance Organization (HMO) plans and Preferred Provider Organization (PPO) plans.
What Is Their Pricing?
AARP does not publish pricing information on their website, as prices vary depending on your location, age, and the plan you choose. To get a quote, you will need to provide your zip code and contact information so that an AARP representative can get in touch with you.
How Do I Enroll?
Enrolling in an AARP Medicare Supplement plan is easy. You can enroll online, by phone, or by mail. To do so, you will need to provide your Medicare number, date of birth, and contact information. If you enroll by phone, you will also need to provide your credit card information. After your application is processed, you will receive an ID card in the mail which you can use to start using your plan benefits.
If you have an interest in a Medicare advantage product. Maybe you would like a drug plan. We are here with licensed insurance agents to help you get what you need at a reasonable cost.