Compare Medicare Advantage & Supplemental Plans
Medicare supplement plans offer benefits in addition to the benefits offered by Medicare Parts A and B, and they are offered by private insurance companies. There are several different types of Medicare supplement plans available, including Plan A, Plan C, Plan F, Plan M and Plan N. Medicare supplement plans and Medicare Advantage plans are not complementary, so it is important to understand which type of policy makes the most sense for you. Our licensed sales agents are standing by to walk you through a comparison of the costs and benefits of each type of plan, and to help you choose a Medicare supplement plan that best meets your needs.
Compare Medicare Supplement (Medigap) Plans and Rates in Your Area
"Times have changed since my mother had an AARP J plan and I was totally confused by the options available. Stan walked me through the process in a very educational, methodical, friendly way, and I feel secure now that we’re making the correct decision to provide the best possible coverage for my husband." – Pat K.
Get Medicare Part D Quotes in Seconds
As could be expected, prices for Humana policies rocketed for the 2015 calendar year. Mean premiums for Humana Part D jumped from $21.80 to $38.70. Medicare Part D is priced at $41.55 and Part D Medicare comes in at the slightly lower price of $38.80. Humana’s standalone market share coverage has dropped to 18.6% whereas their Medicare Part D policies have increased to a market share of 12.8%.
Medicare Supplemental Insurance
Why do I need a Medicare supplement? Even though Medicare will cover a large portion of your Medical expenses there are many gaps left for you to pay. These gaps can easily deplete a person’s financial resources when they are on a set budget. A Medicare supplemental insurance policy can cover most or all of the Medicare costs left unpaid and the policies are affordable for most people. A majority of people turning 65 can find insurance in the $95 to $150 price range that will cover all the deductibles and co-payments. When turning 65 there is no underwriting and all Medicare supplement policies are guaranteed renewable. Because insurance premiums can vary wildly by location, age, insurance company, and other criteria it is important to request quotes from and independent agent before purchasing a Medigap plan.
Aflac Medicare Supplement
As it is well know, the core of Aflac’s business philosophy is to design insurance policies that help their customers with those out-of-pocket expenses not covered by major medical insurance. Aflac has continuously and successfully developed products to meet the needs of individuals in this market since they were founded in 1955. So it is a natural progression for Aflac to offer Medicare supplemental insurance as well. Aflac and Medigap make a good marriage. Good for the company, good competition in the Medicare supplement industry, and ultimately good for seniors who purchase Medigap.