Medicare Supplement Insurance Plans
Medicare Supplement Insurance Plans area available in all 50 states through Medicare Insurance Finders. We provide online rates with over 25 insurance companies in less than 2 minutes. Our website is one of the only online sites that actually provides you with supplemental insurance quotes online.
Medicare Supplement Insurance plans help supplement Original Medicare. This means that they pick up the deductibles and coinsurance that you are probably accustomed to paying. There are 10 standardized plans as you can see in the chart below, but Plans F, G, and N make up probably 75% of the enrollments.
Medicare Supplement Insurance Plans - Rate Factors
Before purchasing a policy it is important to understand what makes rates vary by company and state. Medicare Supplement Rates (also called Medigap policies) usually vary based on Tobacco Usage, Gender, Age and Zip Code. In some states and with some carriers their may be other factors but these are how rates are determined 90% of the time.
You may be wondering "Will the Affordable Care Act make all these insurance companies offer plans with no health questions or equal rates?" The answer is no. This is supplemental coverage and Medicare Supplement Insurance Plans will not be held to the same standard that Major Medical Plans are help to.
"What is supplemental insurance coverage?" Medigap policies fill in the gaps/supplement Original Medicare. Supplemental coverage means that it is not primary but secondary insurance. Since it is not primary insurance it is not held accountable to the Affordable Care Act.
How to Compare Medicare Supplement Insurance Plan Premiums?
The first step to comparing Medicare Supplement Insurance Plans is go to the Medicare Supplement Quote Engine. Then you should fill out your basic demographic information and a quote will be provided within 20 seconds.
If you do not feel comfortable doing it online one of our trained advisors can help look up the information for you. All you need to do is call 1-877-936-2991, this will allow you to save big on your Medicare Supplement Premiums.