Medicare Supplement Plans – A Review of the Best Plans

Medicare supplement plans help pay for the gap in health care costs, such as copayments and deductibles. These plans work alongside original Medicare Parts A and B and can be used wherever doctors accept Medicare. In most states, these supplemental insurance policies are standardized. Plan A through Plan F offer the same basic benefits from every Medicare insurance company, but the premiums can vary a lot between providers.

The best Medicare supplement companies have the most competitive rates and excellent customer service. They also have a long history of providing quality coverage and are rated highly by agencies like A.M. Best. In addition, they offer a wide variety of options and can meet the needs of most seniors.

In our review, we looked at the number of states where each insurer offers plans, the types of plans they offer and how they rank in terms of financial stability. We also considered how each provider prices their plans, including a premium comparison for popular options like Plan G. This way, you can find a plan with the coverage you need at a price you can afford.

Our analysis included a mix of companies, from those who have been around for decades to up-and-coming players that are known for their exceptional customer service. We also looked at the different types of – Medicare supplement plans offered by each company and how much they cost, as well as whether or not they charge extras, such as vision and dental, in addition to the core coverage.

Aetna is a good choice for those looking for a straightforward Medicare Supplement policy with no extras. They have solid rates and a wide range of available plans, including the high-deductible Plan G. This is a great option for those who are going to pay their own medical expenses, as it will save them money on the premiums they would have paid had they chosen another Medicare Supplement plan with more robust coverage.

We like that Aetna does not include a prescription drug benefit in their Medicare Supplement plans, as this tends to be more expensive than other Medicare Supplement plans. Aetna does, however, offer a partnership with CVS to provide members with discounts on medications.

Mutual of Omaha is another great choice for those who want a Medicare Supplement plan with great rates and a variety of add-ons, such as dental and vision. They also have some of the easiest underwriting requirements and use the community rating system in most states, making them one of the best Medicare supplement companies for those who have preexisting conditions. Additionally, Mutual of Omaha is a mutual company, meaning that profits go back into the company and can keep their rates low.

This entry was posted in Blog. Bookmark the permalink.