Medicare Supplement Plan Comparison

Medicare Supplement Plan Comparison

If you’ve found this article, chances are you are doing your homework on your Medicare Supplement plan comparisons. Look no further! We developed a tool for you to use to show instant rates in your area so you can compare all of the Medicare Supplement plans. You can find this tool by clicking HERE.

We call this tool our Medicare Supplement Quote Engine and you’ll be able to see all of the Medicare Supplement plan comparisons from multiple carriers for plans A – N. Once you submit your information, you’ll be able to see all of the plans and rates. We will call you to go over your options and answer any questions.

One of the reasons our clients love us so much is that after we get your Medicare Supplement in place, we will also assist you in finding a Part D prescription drug plan that is most cost effective for you. We have a team in place to help you with your Medicare Supplement options and another team in place to help you with your Part D.

Our clients have found that our team approach benefits them the most. Instead of having one person you can call, you have an entire team that has your back when it comes to Medicare. If you’re new to Medicare and are in your Open Enrollment period for Part B, all of the plans are available to you with NO health questions! If you’ve been on Medicare a while and you’re looking for a lower rate, we will go through health questions with you in order to find a carrier that would best suit your needs.

Got questions?

If you need assistance, we are here to help you navigate the Medicare maze! Just give us a call at (877) 759-5760, option 1. Our advisors are ready to answer all of your questions. You can also email our team at seniorservices@morganwhite.com if you prefer. We look forward to hearing from you soon!

Manhattan Life Medicare Supplement

Manhattan Life is now offering Medicare Supplements!  They are based out of Houston, TX and are parent company of “Family Life Insurance Company.”  Now you can expect to see Manhattan Life Medicare Supplements offered through the same channels it was promoted several years ago.

Manhattan Life Medicare Supplement

Manhattan Life Insurance Company now offers Medicare Supplement Insurance.

Manhattan Life Medicare Supplements are expected to have very competitive rates when they hit the market.  They should also have an online enrollment which will make this a great product for agents looking to market the plan by phone.  I say this because plans that are easy for insurance agents to market usually get very good attention.

Manhattan Life Medicare Supplement Insurance

Medicare Supplement insurance is also known as Medigap insurance.  These plans are offered by insurance companies all across the country.    These insurance companies are rated by “AM BEST” which is the #1 rating agency in the country.  They have given Manhattan Life a rating of “B+”.  This means that they are a secure company and have a positive outlook.  Companies that have ratings of less than a B+ we do not recommend to our clients.

Manhattan Life Medicare Supplement Rates

When new carriers enter the senior market we are commonly asked about our predictions.  When asked what do we expect out of Manhattan Life, we predict several things:

  1. Manhattan Life Medicare Supplement Rates will start off very competitive.
  2. They are not hesitant to give rate increases when needed.  We saw this with their sister company Family Life Insurance Company.
  3. They will be a competitive Medicare Supplement company for three years after entering a state.

If you need help reviewing Medicare Supplement Plans contact Medicare Insurance Finders at 1-877-936-2991.  Thank you for trusting us with your business and if you would like to view all Medicare plans in your zip code check out our quote engine which compares plans in less than 2 minutes.

 

Medicare Supplement

Medicare Supplement Insurance is secondary insurance to Original Medicare. These plans are sold by private insurance companies to fill in the gaps of Original Medicare that you are required to pay.  These plans are regulated federally but can also have state regulations that govern how insurance companies can sell the plan in their state. An example would be the state of Texas not allowing Texas Medicare Supplement Insurance to price their plans by “Gender”.  This means a male and female pay the same rate.

Medicare Supplement Insurance Benefits

  1. Guaranteed Renewable – the insurance companies can not drop your policy.  These plans will be there as long as you pay your premium.
  2. Standardized – benefits are the same between companies so it makes Medicare Supplement comparison much easier than a traditional health insurance policy.
  3. Electronic Claims – you do not have to file claims, they are filed electronically.
  4. Open Enrollment Period – the open enrollment period for Medigap plans allows you to join a policy with no health questions for 6 months.  This is a huge benefit for someone with health problems.

Medicare Supplement Rates

If you have realized that Medicare Supplement plans are standardized you probably realize that they only difference between plans is their rate and financial stability!  Comparing rates is important because there is no need to pay more than necessary for the policy.

In Mississippi, the lowest plan F is about $105 per month and the highest plan F is about $180 per month.  There is no difference in benefits yet there is a $75 per month or $900 per year difference.  Make sure you compare plans before signing up.  To compare plans online go to out MEDICARE QUOTE ENGINE!  To speak with someone on the phone call 1-877-936-2991!

Medicare Supplement Outline of Coverage

Medicare Supplement Outline of Coverage

For more information on Medicare Supplement insurance contact our accredited advisors at 1-877-936-2991.