Best Medicare Supplement Insurance Companies
When comparing the best Medicare Supplemental insurance companies, it is essential to note that Medicare standardizes all plans offered by Medigap insurance companies for those with Medicare Part A and B. Therefore, each company’s difference will not lie in the coverage they provide but in other factors such as pricing, reputation, and customer service.
While many insurance companies offer Medicare Supplement plans, a few companies stand out from the rest. As we mentioned, their rates, reputation, and customer service set one Medicare Supplement insurance company apart from another.
#1. Best Overall: Mutual of Omaha Medicare Supplement
Mutual of Omaha – Opening its doors in the beautiful state of Nebraska in 1909, Mutual of Omaha has grown into one of the nation’s largest Medicare Supplemental insurance providers. Dating back to the 1960s, when the company introduced its first Medigap plans, it has been recognized as an innovative provider in the Medigap plan market for over five decades. Today, the company’s Supplemental plans have received an A+ (Superior) rating from A.M. Best and garnered over $2 billion in revenue. While the company holds second place in the national Medicare Supplement market, they have an outstanding reputation for offering competitive rates and a fast, electronic application process.
#2. Best Discounts for Multiple Policyholders: Cigna Medicare Supplement
Cigna – This well-established insurance provider has a long history of providing exceptional customer service. According to a J.D. Powers survey, with a global customer base of 15 million, Cigna’s Medicare Supplement plans have been recognized as one of the highest-rated health insurance companies for customer satisfaction. Furthermore, the company solidifies itself as one of the best Medicare Supplement insurance companies for 2023 by being one of the only Medigap insurance providers offering a 30-day money-back guarantee on their plans.
#3. Best Medigap Coverage Information: Aetna Medicare Supplement
Aetna – Starting as a life insurance provider, Aetna has become one of the most beloved Medicare Supplement plans by recipients nationwide. By allowing customers to access great doctors while lowering patient costs, the company has been helping seniors pay for healthcare for decades. Currently, Aetna’s A (Excellent) A.M. Best financial score and commitment to improving health and wellness in the communities that they serve are why many.
#4. Best for Florida Residents: Florida Blue Medicare Supplement
Florida Blue – Offering various options, such as Plan A, B, C, D, F, G, K, L, M, and Plan N, Florida Blue is considered one of the ten best Medicare Supplemental insurance companies. The company has an outstanding reputation for providing reliable healthcare and predictable coverage rates. Backed by the Blue Cross Blue Shield Association (BCBS), Florida Blue offers senior citizens in the Sunshine State the advantage of having access to the highly competitive rates offered by a BCBS-affiliated insurance organization.
Let Us Help You Find the Best Medicare Supplement Insurance Company
You may find that you want to apply for Medicare Supplement insurance through one of the best Medicare Supplement insurance companies for 2023, as we mentioned above. Remember, it always pays to look up different Medicare Supplement quotes before you make any decision. If you’re in your Open Enrollment Period after signing up for Original Medicare, now is the time to start looking for your Medicare Supplement policy. We can help you find the best Medicare Supplement insurance plans even if you aren’t.
We are here to help you learn more about your options. Whether you need help comparing rates or understanding the coverages offered by each company, we can provide you with the additional guidance you need to make a sound decision. We can even tell you more about other Medicare plan options like Medicare Advantage, explain Part D and how it’s helpful for those with a Medicare insurance Supplement, and more.
Article Resources:
- Mutual of Omaha Medicare Supplement Plans
- Cigna Medicare Supplement Plans
- Aetna Medicare Supplement Plans
- Florida Blue Medicare Supplement Plans
- How Much Does a Medigap Plan Cost?
- When Can I Apply for a Medicare Supplement Plan?
- When Can I Change Medigap Plans?
- Can I Be Denied Medigap Coverage?
- CMS Medicare Services
