Signing up for a Medicare Supplement plan can seem a little overwhelming. First, there’s the alphabet soup of plans labeled A through N. And then, you need to decide which insurance company to use.
Unlike traditional Medicare Parts A and B that are offered through the federal government, Medicare Supplement policies are issued by private insurance companies – and there may be many to choose from.
Based on our long history of helping Medicare enrollees find good supplemental coverage, we’ve compiled this list of the top insurance companies for 2019. These companies made our list because they have several important qualities.
First, they’ve been around a long time. You’ll recognize many of the names, and some of them may have provided your health insurance in the past.
Second, these insurance companies are financially healthy, meaning they’ll be there for you when you need them.
And third, many of these companies offer a winning combination of low rates, slow rate increases, great customer service, and additional benefits like the Silver Sneakers fitness program.
Top 10 Medicare Supplement Insurance Companies for 2019
- Mutual of Omaha Medicare Supplement Plans
- Aetna Medicare Supplement Plans
- Cigna Medicare Supplement Plans
- United American Medicare Supplement Plans
- Bankers Fidelity Medicare Supplement Plans
- Manhattan Life Medicare Supplements
- UnitedHealthcare Medicare Supplement Plans
- Humana Medicare Supplement Plans
- Blue Cross Blue Shield Anthem Medicare Supplement Plans
- TransAmerica Medicare Supplement Plans
When choosing a Medicare Supplement policy, your first year’s premium isn’t the only thing to keep in mind. Furthermore, it’s also important to understand what Medigap pricing method your insurance company uses.
Pricing methods help determine how much your premiums will go up in the years to come. The company’s financial standing also can also affect your premiums.
Our list below gives you some basic information about our top insurance companies. As well as, available ratings from A.M. Best, a global credit rating agency that focuses on the insurance industry.
If an insurance company is rated A, A+ or A- by A.M. Best, it means the rating service believes the company has an excellent (A or A-) or superior (A+) ability to meet its insurance obligations.
Mutual of Omaha Medicare Supplement Plans for 2019
Mutual of Omaha is a household name thanks to its sponsorship of the long-running “Wild Kingdom” TV show. Its Medicare Supplement policies have tended to have lower rate increases than policies offered by competing companies. Mutual of Omaha has been in business since 1909 and has an A+ rating from A.M. Best.
Aetna Medicare Supplement Plans for 2019
Founded in the 1800s, Aetna is a large global health insurance company. Furthermore, their Medicare Supplement plans are popular for their low premiums and 12-month rate lock. In addition, Aetna has an A rating from A. M. Best.
UnitedHealthcare Medicare Supplement Plans for 2019
UnitedHealthcare has an A rating from A.M. Best. UHC is the most popular Medicare Supplement company, possibly because they are branded with one of the most well known senior organizations.
Humana Medicare Supplement Plans for 2019
For more than 20 years, Humana has offered Medicare Supplement plans. In Addition, Humana is a Fortune 100 company with an A- rating from A.M. Best.
Cigna Medicare Supplement Plans for 2019
Cigna is a global health company with more than 95 million customers worldwide. Furthermore, their Medigap plans are known for their conservative rate increases. Cigna has an A rating from A.M. Best.
Anthem Medicare Supplement Plans for 2019
Anthem Blue Cross/Blue Shield offers Medicare Supplement plans in many states, and Anthem Blue Cross of California offers plans in California. In addition, they’ve been rated A By A.M. Best.
Blue Cross Blue Shield Medicare Supplement Plans for 2019
Blue Cross Blue Shield has long been a well-known name in the health insurance industry. Furthermore, there are 36 independent and locally operated Blue Cross Blue Shield companies (including Anthem) that provide insurance coverage to nearly one out of every three Americans.
Bankers Fidelity Medicare Supplement Plans for 2019
Bankers Fidelity Life Insurance Company had its beginnings in 1955 and is licensed in 46 states. In addition to Medicare Supplement insurance, Bankers Fidelity sells life and cancer insurance policies. Furthermore, they have an A- rating from A.M. Best.
United American Medicare Supplement Plans for 2019
United American Insurance Company was founded in 1947 and offers Medicare Supplement insurance, cancer, and critical care insurance and life insurance. Furthermore, they have an A+ rating from A.M. Best and an AA- rating from Standard & Poors.
TransAmerica Medicare Supplement Plans
Founded in 1904, TransAmerica has been offering Medicare Supplement plans for nearly 50 years. In addition, TransAmerica has an A+ rating from A.M. Best.
Compare Medicare Supplement Rates
Comparing Medicare Supplement rates from all the top companies doesn’t need to be difficult. Just give us a call or fill out our quick online form and we’ll do the legwork for you, giving you the quotes you need, with no obligation.
Check out the Top 5 Rated Medicare Supplement Companies of 2020 to see who is in the lead.
You can also check out our list of the top 3 supplement plans here.