When you reach the age of 65, you’re faced with an important decision regarding your healthcare insurance. You spent your entire working career paying into Medicare, now it’s time to reap the benefits. Not only is it time to enroll in Original Medicare, but it’s also time to enroll in Medigap.
You know what letter plan you want, now you need to choose the carrier you want. We’ve put together a list of the 2019 top 10 Medicare Supplement insurance companies.
We’ll include the companies A.M. Best Rating, S&P Rating and the years they’ve been in the market. A.M. Best Rating is known to be one of the top resources used in the insurance industry to rate an organization financial strength and quality.
S&P is also a top resource that provides market intelligence in the form of credit ratings and thought leadership.
10 Best Medicare Supplemental Insurance Companies for 2019
- Manhattan Life
- Continental Life
- Blue Cross Blue Shield
- Mutual of Omaha
- United American
- Bankers Fidelity
It’s also important to know what Medigap pricing method a company uses to determine the cost of your Medicare Supplement plan.
By comparing their ratings & pricing method, you’ll be able to find the best company to purchase your Medigap plan of choice. Rating methods vary across the carriers and your location.
Top-Rated Medicare Supplement Companies
Manhattan Life Medicare Supplement Plans
Manhattan Life offers a household discount of 7%. Even if you just live with someone who is over 60 years old, you can apply the discount! They have a B+ rating with A.M. Best.
Continental Life Insurance Medicare Supplement Plans
Continental Life Insurance Company is a subsidiary company of Aetna. As stated above, Aetna is a name you can trust.
Humana Medicare Supplement Plans
With 13+ years in the insurance market, Humana has an A- A.M Best Company rating.
Blue Cross Blue Shield Medicare Supplement Plans
Another very popular company is Blue Cross Blue Shield. With an A+ A.M. Best Rating as well as an A+ with S&P, they’ve been in the insurance market for 51+ years.
Anthem Medicare Supplement Plans
Anthem has been around since 2004. They’re given an A rating by A.M. Best and an AA- by S&P.
Mutual of Omaha Medicare Supplement Plans
With an A+ superior rating from A.M Best company as well as AA- from S&P, Mutual of Omaha Medicare Supplement plans are next on the list. They’ve been in the insurance industry since 1909.
Aetna Medicare Supplement Plans
Aetna has been around for over 13 years. They have an A.M. Best A rating and AA- with S&P. You can learn more about the Aetna Medigap plan options here.
Cigna Medicare Supplement Plans
Cigna is known for their conservative rate increases and an A rating with A.M. Best Company.
United American Medicare Supplement Plans
Established in 1947, United American has maintained an A+ rating with A.M. Best and an A+ with S&P.
Bankers Fidelity Medicare Supplement Plans
Bankers Fidelity Life Insurance Company was found in 1955. They’ve held a steady rating with A.M. Best of an A-.
Compare the Best Medigap Insurance Companies for 2019
We hope you’ve found this information helpful as you navigate all your Medigap carrier options. We can compare quotes in your area with no obligation to sign up. Call or click here to compare Medigap quotes online today!