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Medicare Supplement plan reviews can be helpful when shopping for Medigap. Since the plans are standardized, the company you choose needs to have good ratings.
Also, the plan that is the “best” for you might not be great for your friend. Medicare is a situational thing when it comes to finding suitable coverage.
In the context below, you’ll discover critical points about coverage and tips from a Medicare expert.
Medicare Supplement Plan Reviews By Company
Below is our opinion on how different companies score on Medigap:
- Aetna Medicare Supplement: A+
- Banker’s Life: A+
- Blue Cross Blue Shield: A+
- Cigna Medicare Supplement: A+
- Gerber Medicare Supplement: A+
- Government Personnel Mutual: A+
- Humana Medicare Supplement: A+
- Manhattan Life: A+
- Mutual of Omaha: A+
- National General: A+
- Oxford Medicare Supplement: A+
- Transamerica Medicare Supplement: A+
- United American: A+
- United Healthcare: A+
Pretty impressive ratings, and you must be wondering why they get such high scores? Well, no matter which policy you’re working with, the coverage is A+, just so long as it’s with a top insurer.
What are Medicare Supplement Plan F Reviews
If you’re looking for a policy that leaves you with no copayments or deductibles, Plan F is your best bet. Now, you can only qualify for Plan F if you were Medicare-eligible before 2020.
What do the Medigap Plan F Rate Trends Look Like
Rate increases are an essential factor to consider; unfortunately, it’s difficult to predict these, so trends are the only thing we can discuss. Rate increases vary by company, policy, and location.
Since there are so many factors, it may be next to impossible to find the specific numbers you want. But, we’ll do our best to explain why some plans may have a higher or lower rate increase.
In our experience, Plan F rate increases can fall around 7% – 10% depending on the company and your location. Plan F rate increases are often higher than the rate increases of other policies.
What are High-Deductible Plan F Reviews
What do the Medigap High-Deductible Plan F Rate Trends look like
From our experience, United American has a great High Deductible F plan, and they hardly give any rate increases on this plan. Of course, it always depends on your location.
Compared to the standard Plan F, the high deductible version has a much lower rate increase each year.
What are Medicare Supplement Plan G Reviews
Plan G is a close second in favorites. Medicare Supplement Plan G gets A+ with every top company because, like all Medigap plans, it pays when Medicare pays.
It’s possible that over the years, this will become a more popular option since Plan F is going away. But, whether more people have plan F or not, Plan G reviews are incredible!
What are the Plan G Rate Trends
In the last few years, Medigap Plan G has seen a low rate increase. Much smaller than Plan F, but possibly higher than High Deductible Plan F.
Some carriers have had rate increases of 3% or lower. Of course, there are some carriers and locations that have seen slightly higher increases.
What do the High-Deductible Plan G Reviews Look Like
Newly-eligible beneficiaries after January 1, 2020, can enroll in a High-Deductible Plan G policy. The plan works like the High-Deductible F policy and will not cover the Part B deductible.
What do the Medigap High-Deductible Plan G Rate Trends Look Like
Since High Deductible Plan G is a new policy in 2020, it’s hard to say what the rate increases for this plan will look like in the future.
Our best guess, it’s going to have a small rate increase similar to High Deductible Plan F.
What are Medicare Supplement Plan N Reviews
Just like the other plan options, Medigap Plan N is worthy of an A+ rating. It’s noteworthy to say that you need to understand the copayments on this plan before enrolling.
For some, the copayments alongside the premium can feel like nickel and diming every time you go to the doctor.
What do the Medigap Plan N Rate Trends look like
Plan N rate increases tend to be low, falling below 3% on average for most companies. Since the companies don’t take on as much of the cost per doctor visit, you reap the benefits in lower rate increases.
If a high deductible option is something you’re against, Plan N could be a great alternative if you don’t want the higher premiums of Plan G or Plan F.
MedicareFAQ Medicare Supplement Plan Reviews
Much like we said before, the company you go through will make or break the Medigap experience for you. Here at MedicareFAQ, our client testimonials are essential to us.
We love our clients, and they love us. Taking our time to explain everything, answer questions, and identify suitable coverage is our passion.
There is no need to feel in over your head when our experts are ready to walk you through the process. MedicareFAQ gets an A+ in our book, and I believe our clients feel the same!
Let’s Get You the Best Policy Today!
Here at MedicareFAQ, we take pride in helping out customers find the plan they love. Our agents will help you compare Medicare Supplement Plans and rates.
Then, once you decide the policy that is best for you, we’ll walk you through the enrollment process and be here for you long after your plan is in place.
Call us at the phone number above or complete an online rate form for a quote in minutes. We’re here for you!