Top Medicare Supplement Companies in Alabama
The Medicare health insurance covers only about 80% of your medical expenses. Medicare Supplement plans address the shortcomings of the original health insurance coverage. This includes deductibles, co-payments, co-insurance, and even coverage for emergency health care that took place abroad. Also known as Medigap, these plans literally fill in the gaps that you would normally have to pay out of your own pocket under Original Medicare.
You no longer need to worry about changing doctors regularly, switching from one plan to another, or transferring networks. With Medigap, you have a regular and predictable monthly bill that you can budget for.
Let’s compare medicare supplement plans in Alabama. For an accurate and personalized review you can always give us a call at 866-319-5886 or contact us privately here.
Medigap Plans Alabama - Standardized yet different
When it comes to Medigap, all plans are standardized. Therefore, each type of plan must offer the same basic level of coverage, regardless of the company that markets it. For example, the core benefits of a Plan D policy offered by Mutual of Omaha correspond to the coverages included in a Plan D policy offered by Blue Cross Blue Shield. The main difference remains in the costs, benefits, level of coverage, and requirements. Those can vary among the different Medicare supplement companies in Alabama.
Mutual of Omaha Medicare Supplements
The Mutual of Omaha has been present for more than a century. The company witnessed the creation of Medicare in 1966, more than 50 years ago. Since then, it has taken on the task of filling the gap by offering Medigap plans.
Mutual of Omaha insures 5 of Alabama Medicare’s standardized supplemental insurance plans.
Strengths:
- High financial capacity
- Long term experience
- Free policy drafting
UHC Medicare Supplements
All UHC supplemental insurance plans are insured by UnitedHealthcare. The company underwrites 10 of Alabama Medicare’s standard supplemental insurance plans.
In some areas of Alabama, you may be eligible for Medicare SELECT plans. This option requires the use of specific hospitals or practitioners. If not, you won’t be able to receive the full financial benefits included.
Part A of Medicare is deductible when you use a network hospital (or non-network hospital for emergency care). Otherwise, you pay the deductible for patients admitted on a full stay. Otherwise, the plan is the same as the standard Medigap plan.
Strengths:
- Competitive Plan F premium formula
- High financial capacity
- Long term experience
- Medicare SELECT plans available
- 5 most popular plans offered
- Free policy drafti
Aetna Medicare Supplements
With Aetna Health and Life Insurance Co, you have the choice to purchase 6 of Alabama Medicare’s standardized supplemental insurance plans.
Strengths:
- Competitive Plan G and Plan N premium formula
- High financial capacity
Cigna Medicare Supplements
Cigna Health and Life Insurance Company provides 5 extra medical coverage plans in Alabama.
Strengths:
- Competitive Plan G and Plan N premium formula
- High financial capacity
- Free policy drafting
Alabama Medicare Supplement Companies Summary
Choosing a Medicare supplement company can be tough and it is an important decision to get right the first time around. While there are several top Mediare supplement companies to choose from there are always a few factors to consider that apply to every individual. Medicare supplements are standardized but choosing a quality company will always be important. Contact us to get a personalized quote and make sure you are getting everything you want.