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 who have Medicare Part A and Part B. Therefore, the difference between each company will not lay in the coverage they offer but in other factors such as pricing, reputation, and customer service. We understand selecting your Medigap insurance coverage can be a bit confusing, mainly if you are new to Medicare Parts A and Medicare Part B, which is why we’ve come up with a list of questions to ask when determining which plan is right for you.

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. But while some companies waver in the areas, there are 10 Medicare Supplement insurance companies for 2022 that we consider to be the best.

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.

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 2022 by being one of the only Medigap insurance providers offering a 30-day money-back guarantee on their plans.

Best Medigap Coverage Information: Aetna Medicare Supplement

Aetna – Starting as a life insurance provider, Aetna has grown to be one of the most beloved Medicare Supplement plans by recipients across the nation. 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.

Best for Florida Residents: Florida Blue Medicare Supplement

Florida Blue – Offering a wide variety of 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.

Best Plans and Coverage: United Healthcare Medicare Supplement

With over 4 million Americans choosing UHC as their Supplemental insurance provider, the company has built a reputation for being a champion for senior citizens. Customers will find that the most competitive states for the company’s Supplemental insurance plans include Michigan, Pennsylvania, New Jersey, Ohio, Arizona, Texas, California, and New York. If you live in one of these states, you should consider looking at United Healthcare when looking for a Medigap policy. Furthermore, some of the company’s Supplemental plans offer extra perks such as a free Silver Sneakers membership when you sign up.

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 2022 we mentioned above, but 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. Even if you aren’t, we can help you find the best Medicare Supplement insurance plans for you.

We, at My Medigap Plans, 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, can explain Part D and how it’s helpful for those with a Medicare insurance Supplement, and more.

Resources

We are your number one option for getting help with Medicare Supplement plans and Medicare Advantage plans. If you live in the United States and are looking for help with signing up for Original Medicare, though, check out these helpful resources first:

medicare.gov

CMS: Centers for Medicare and Medicaid Services