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Oxford Life Medicare Supplement

Oxford Life began serving customers in Phoenix, AZ, after being founded in 1965. Today, the carrier primarily focuses on serving Medicare beneficiaries throughout the majority of the United States with support and experience to help make decisions about healthcare needs. This includes Oxford Life Medicare Supplement plans that give enrollees the benefits they deserve from a carrier they can trust.

While Original Medicare is delivered through the federal government, private companies can provide supplemental coverage to beneficiaries. When shopping for Oxford Medicare coverage, you’ll notice that many different plans are available through the company’s Medicare Supplement (Medigap) offerings.

These diverse offerings represent that your healthcare needs and budget are unique to you. Therefore, by having options, you can select between supplemental Oxford Medicare plans to find the right one for your needs. Explore their most popular options: Medicare Supplement Plan F, Plan G, and Plan N, to discover the best coverage for your needs.

Oxford Life Medicare Supplement Plan Benefits for 2024

Again, all Oxford Medicare plans available are supplemental coverage, but in addition to these offerings, there are also annuities and life insurance policies available. Together, these offerings are a great way to help set up a strong financial outlook by protecting against the many costs that can affect you later in life.

Oxford Medicare Supplement offerings include the following Medigap policies:

  • Medigap Plan A
  • Medigap Plan B
  • Medigap Plan C
  • Medigap Plan F
  • Medigap Plan G
  • Medigap Plan N

Virtually every state will offer the same benefits within each lettered plan, but among the lettered plans themselves, benefits will vary. But it’s important to note that while these Oxford Life Medicare Supplement plans are available, their availability may still differ depending on your Zip Code.

Everyone has different needs, there are also different benefit levels, qualifications, and barriers by your location that can go into selecting among Oxford Medicare plans for supplemental coverage. This is why it’s important to speak with a licensed Medicare agent when comparing coverages. Below, we’ll review some of the most popular options you may wish to discuss with an expert.

Oxford Life Medicare Supplement Plan F

Oxford Life Medicare Supplement Plan F is the most comprehensive Medicare Supplement Plan available. It covers the beneficiary’s portion of the costs, including excess charges of Medicare-approved amounts.

A Medicare beneficiary on Medigap Plan F will experience no out-of-pocket expenses during visits to Medicare hospitals or doctors’ office visits. Because it covers all of a beneficiary’s out-of-pocket portion essentially, Plan F has been the most popular plan.

But there is a catch. While Plan F hasn’t gone away, you cannot get it unless you are eligible for Medicare benefits before January 1, 2020. Newer Medicare enrollees are unable to enroll in this plan and must seek other forms of coverage.

Oxford Life Medicare Supplement Plan G

In part because of the limitations for newer beneficiaries with Medigap Plan F, Oxford Life Medicare Supplement Plan G has grown in popularity. Enrolling in Medigap Plan G won’t give you quite the level of benefits as Plan F, but it’s the second-most comprehensive option on the market.

Plan G is also generally lower in cost, although be prepared to pay for your Medicare Part B deductible with this coverage. In most cases, you will save $250+ a year on Oxford Life Medicare Supplement Plan G when compared to Plan F while still receiving many of the same benefits.

Oxford Life Medicare Supplement Plan N

Your healthcare needs will have multiple factors, and when choosing a Medigap plan, these considerations must come into your decision-making process both for your present and future needs. Cost is a huge factor, and when beneficiaries are looking to save on premiums, Medicare Supplement Plan N is a favorable option.

Medigap Plan N is typically the most affordable plan option for supplemental coverage. You’ll have to pay co-pays when going to the doctor or emergency room, but if you don’t visit often, an Oxford Life Medicare Supplement Plan N policy can help you stay protected while cutting costs in a major way.

Oxford Medicare Supplement Rates

The average increase for Oxford Medicare Supplement rates is 8.5% annually, but it’s important to understand that this varies by location and plan. Depending on which state you live in and which lettered plan you choose, your increases may vary.

It’s easy to believe that the amount you pay in premium for Medigap coverage will remain the same, but increases are normal throughout the industry. There are increased costs due to economic factors and rising healthcare costs to contend with which private companies account for over time.

Furthermore, personal factors including your health, age, and gender, may affect how much you pay for coverage. This is why working with a licensed Medicare agent is important. Instead of sifting through policies hoping to find the lowest cost, the agents at MedicareFAQ can help you identify the right coverage for both your budget and healthcare needs.

Oxford Medicare Advantage Plans

Unfortunately, Oxford Medicare Advantage plans are not available at this time. Despite not offering this product to its beneficiaries, there are still plenty of Medicare Supplement options available to help you cut costs and get the most out of your Medicare benefits.

Here at MedicareFAQ, we offer many different carriers to best serve the needs of our clients. While Oxford Life Medicare Supplement plans are great options for supplemental coverage, if a Medicare Advantage plan will best suit your needs, we have many other top-rated carriers providing viable Advantage coverage for your healthcare.

Oxford Medicare Part D Plans

Oxford Medicare Part D plans are unavailable to beneficiaries. Although Medicare Part D plans are benefits that help you cover the costs of your prescription drugs, they are not offered by Oxford Life. However, we would be glad to assist you with comparing all the Part D plans available to you.

Similar to how we offer a variety of Medicare Advantage plans, we’re here for you. Whatever your healthcare and budget needs are, we’re here to help you fulfill them. No matter which carrier works best, we’ll help find you the coverage that suits you the most.

Oxford Life Medicare Supplement Reviews

Before enrolling in Oxford Life Medicare Supplement coverage, it’s important to understand the carrier you’ll receive your benefits. Thankfully, beneficiaries that count on Oxford Life Insurance for their Medigap benefits know that they are enrolling with a carrier they can count on.

Oxford Life has a solid financial strength rating (A) from AM Best, a B- rating from the BBB, and a track record of serving the needs of its policyholders for nearly 60 years. Policyholders can easily reach them via online forms making them very accessible for customer service requests in the digital world. Of course, when you enroll through MedicareFAQ, our team of expert agents is also here to help as a liaison to ensure you receive personal care for your benefits whenever needed.

Oxford Life Carrier Ratings

Oxford Life companies include Oxford Life Insurance Company, North American Insurance Company, and Christian Fidelity Life Insurance Company. Together, they help provide products for beneficiaries that can assist in creating a stronger sense of financial security.

The Oxford Life AM Best rating is A (Excellent), with their subsidiary Christian Fidelity Life Insurance Company also receiving an A (Excellent) rating. North American Insurance Company achieved an A+ (Strong) rating from AM Best.

There are several considerations when choosing a carrier for your healthcare benefits. Too often overlooked are a provider’s financial ratings. These ratings represent the company’s ability to provide the coverage you pay for through your premiums. Being a top-rated provider such as Oxford Life means that you can count on their products to help maintain their integrity after you’ve held up your part in paying your premiums.

How to Sign Up for Supplemental Oxford Medicare Plans

Enrolling in a Medicare Supplement plan doesn’t have to be complicated. Still, it’s often tricky for Medicare-eligible beneficiaries to compare and ensure they’re getting the best coverage and price for their needs and benefits.

But here at MedicareFAQ, our licensed agents have the knowledge, training, and tools to help you plan for your healthcare needs today and in the future. Considering the many differences in availability and pricing based on location, having an expert can help. Call us today or fill out the online rate form for a free quote of Oxford Medicare Supplement plan options.

Kayla Hopkins

Kayla Hopkins

Content Editor
Kayla Hopkins is an accomplished writer and Medicare guru serving as the Editor of MedicareFAQ.com. Upon completing her Communications degree from Ohio University, Kayla dedicated her time to understanding the ever-evolving landscape of healthcare. With her extensive background as a Licensed Medicare Insurance Agent, she brings a wealth of knowledge and expertise to her writing.
Ashlee Zareczny

Ashlee Zareczny

Compliance Manager
Ashlee Zareczny is the Compliance Manager for MedicareFAQ. As a licensed Medicare agent in all 50 states, she is dedicated to educating those eligible for Medicare by providing the necessary resources and tools. Additionally, Ashlee trains new and tenured Medicare agents on CMS compliance guidelines. Ashlee is a Medicare expert who specializes in Medicare Supplement, Medicare Advantage, and Medicare Part D education.

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