Gerber Life Medicare Supplement Plans
If you are looking to improve your health care benefits, you might be shopping around for the right Medicare Supplement insurance policy through the right company so that you can apply for a plan. During your search, you may have heard of Gerber Life Medicare Supplement plans. We are here to provide you with a little more information, to help you compare options from this company and others and to even assist you with your application, if necessary.
How Much Do Medicare Supplement Plans Cost Through Gerber Life?
To give you an idea of how much you may have to pay if you choose to sign up for a Medicare Supplement plan through Gerber Life, we ran quotes in quite a few states. These are the Medigap plan G quotes that we found for a 65-year-old non-smoking female in each of these states.
- Florida: $177.51
- Texas: $181.81
- Illinois: $224.20
- Pennsylvania: $195.43
- California: $211.95
- North Carolina: $164.24
- New Jersey: $171.94
- Ohio: $165.77
- Michigan: $169.49
- Virginia: $122.59
- Indiana: $116.73
- Georgia: $238.93
- Missouri: $246.26
- Iowa: $143.30
- Tennessee: $177.65
- Wisconsin: $186.78
- Arizona: $193.10
- Washington: $232.79
If you would like a more accurate quote for yourself — based off of your age and your location — from this company, or if you would like to compare quotes from some of the other best companies that offer Medicare Supplement coverage, we can assist you with our online quote tool or over the phone.
A Little History About Gerber Life
- Gerber Life Insurance Company was established in 1967.
- It is a financially separate affiliate of the baby food producer, Gerber Products Company.
- Gerber Life Insurance Company primarily focuses on providing life insurance, particularly for children. Its goal is to make life insurance more affordable for young families that are on a budget.
- For the past eight years, this company has also provided Medicare Supplement plans.
Gerber Life: The Numbers
- Parent Company: Nestle S.A. Group
- Offering Gerber Medicare Supplement plans for eight years
- A.M. Best Rating: A
- S & P Rating: BBB
- Number of Lives Insured Nationally: 36,146
- National Premium Revenue: $106,749,835
- National Loss Ratio: 73.69%
- National Market Share Percentage: 0.39%
- Average Rate Increase History: 2.3%
Our Professional Review of Gerber Life Medicare Supplement Plans
There are a few reasons why Gerber Life Medicare Supplement plans incredibly recognizable. First of all, you might recognize the widely famous logo that it shares with its affiliate, the baby food company. Additionally, if you have children, there’s a good chance that you have received information in the past about Gerber Life Insurance Company’s life insurance plans for children. In fact, your kids might even be covered under the incredibly popular Gerber Grow Up Plan.
Even though this is a very well-known company, however, it’s quite new to the world of offering Medicare Supplement plan G, Medicare Supplement plan F and other Medigap options. Right now, rate-wise, they simply do not have the market traction to be competitive so that you could pay more for coverage. It’s a good option in the area in which it originated, but in other states, you might find a better rate and value through another company.
Please note that this is just the opinion of our agency. We are not affiliated with or endorsed by Gerber Life Insurance Company, and they have not reviewed or approved any of this information.
We Can Help You Find Gerber Medicare Supplement Quotes
If you are looking to enroll in a supplement plan, we can help. Use our online tool or chat with us on the phone to get quotes for Gerber Life Medicare supplement plans and other top providers so that you can find the right option for you.