If you are already enrolled in Medicare, you might notice that there are some gaps in your coverage that leave you paying large sums of money out of pocket. If this sounds familiar, consider enrolling in a Medicare Supplement Plan, also known as Medigap.
Here is a list of ten of the best companies to considered coverage from.
AFLAC is a well-known supplemental insurance company. They have become known for paying claims quickly, as well as allowing you to tailor your plan to your medical needs. However, AFLAC is normally obtained through employee-sponsored programs, so it may be costly to have them for individual plans.
Humana is known to have reasonable rates when it comes to their Medicare Supplement Plans. In addition, they are known for paying their providers with no hassle. If you’re looking for a place with a few options to choose from, Humana is a good choice.
8. Blue Cross/Blue Shield
Blue Cross Blue Shield is large. It covers about 100 million Americans, and it’s Simple Blue plan guarantees coverage as long as you are under Medicare. It’s great if you need a no-frills supplemental coverage to add to your current Medicare Plan.
Cigna provides reasonable rates for Medigap coverage, especially when you find Plans A and B don’t cover what you need. Cigna’s insurance also travels around with you, so you’re covered even if you leave the country. They also offer a discount if both spouses sign up for their Medicare Supplement policy.
6. United American
If you are in less than stellar health, United American is a great company to work with. Ally yourself with one of their agents, who are able to dive deep into the guidelines and rules for coverage that you won’t be able to uncover yourself. They are also well-known for a plan called High Deductible Plan F.
Aetna offers a wide range of insurance plans. Medigap coverage is one of them. It offers discounts for spouses and even households when it comes to insurance plans, and has been around since the 1800s. With a wide network, their plans are easy to set up.
Transamerica is known for its very strong financial performance. With plenty of assets and money in the bank for payouts, you can ensure your needs will be covered. Best of all, it is one of the few that offer household coverage for their Medigap plans.
3. Mutual of Omaha
Mutual of Omaha has been around for a century. Its long-standing existence has also made it one of the most reputable in the nation. It also has a wide range of options to choose from when it comes to coverage.
If you’re looking for a Medicare Supplement Plan with a low premium, Medico is known for having great value Medigap plans. In exchange, some may not be very flexible with coverage, but if you just need some basic coverage, Medico is a good option.
Coming up at number one is 1-800-MEDIGAP. They boast licensed agents in the US that are able to give you the most up-to-date information on not only Medicare Supplement Plans but Medicare in general. You are able to tell them exactly what you need for your coverage so they can find you the best option for your unique medical situation. With the ability to customize and really delve into the best plan for you, 1-800-MEDIGAP makes it to the top of the list.