How to Compare Medigap Plans

Comparing Medigap plans is an essential part of choosing the “right” plan for you. It can certainly seem like a daunting task, but it is not nearly as difficult as you may think. First and foremost, plans are standardized, so comparing them is based on other factors, besides differences in coverage. This greatly eliminates confusion that could exist if comparing multiple variables, such as coverage, price, company rating etc. So, how do the plans vary?

  1. First of all, the plans can vary greatly in price. Although coverage is the same (i.e. one Plan F is the same as another), prices can be as much as double with one company versus another.
  2. Secondly, plans can vary based on company reputation/rating. AM Best is an independent rating source of the companies. They are universally used to get an idea of a company’s financial strength/stability. Although this isn’t a guarantee of future solvency or stability, it can at least be a factor in your comparison.

So, with the knowledge of how the plans vary, how can you compare the options?

  1. First, decide on which plan you want. If you are not familiar with the different coverage plans, you can view the standardized coverage chart here: STANDARDIZED PLAN COVERAGE CHART. Plan F is the most comprehensive plan option (and most expensive) – it pays for everything that Medicare doesn’t cover at the doctor/hospital.
  2. Once you know which plan you want, you can very easily compare the plans based 0n price and company rating. Since coverage, claim payments, doctor acceptance, etc are standardized, the next step is obtaining a list of the plans available for your age and zip code. At that point, you can compare their prices and ratings.
  3. To obtain this list of available plans and the quotes for your age/gender/zip code, you have two options. You can either call every insurance company that does business in your state and ask them for the quotes or set up meetings with them to obtain the quotes. Alternatively, and significantly easier, you can simply use a brokerage to compare all options in a centralized place. By doing so, you can get quotes for all plan options and make an informed, unbiased choice. Whether it is a or another brokerage, this is the easiest and most useful to compare Medicare Supplement plans.

To get a Medicare Supplement comparison from us, you can call us at 877.506.3378 or contact us on our website at Medicare Supplement comparison.

Best Medicare Supplements – What Are the Best Options for Your Age and Zip Code?

The best Medicare Supplement plans are easy to find. Keep in mind that, with Medicare Supplement insurance, plans are standardized, so the “best” plans are the ones that are the least expensive.

The easiest way to find these least expensive plans is to do a medicare supplement comparison. This will show you exactly which plans are competitively-priced for your age and zip code. Many people attempt to include other factors in their comparison of the “best” Medicare Supplements; however, the fact remains that everything except price is equal.

Some things that do NOT help determine which is the best Medicare Supplement are:

  1. Which company “pays better”. The reality is that all companies pay the same. They each pay through the Medicare “crossover” system. This system dictates that all companies pay the same amount for a service/procedure and all pay in a timely manner.
  2. Which supplement is accepted by more doctors. Many people think that, just because they have heard of a company or plan, it means that a doctor is more likely to have heard of it also and thus more likely to accept it. However, with Medicare Supplements, as long as you have a standardized Medicare Supplement plan (i.e. G, F, N, etc.), your doctor/hospital must take the plan if they take Medicare.
  3. Which plan has the most coverage. Again, since plans are standardized, a Plan F with one company is the exact same as a Plan F with another company. So, one company simply does not have more coverage than another.
  4. Which plan has been in business the longest. This also is not a factor in how a company pays, what kind of coverage they offer, etc. With Medicare Supplements, these plans are Federally-standardized so there are not differences from one company to another.
  5. Which plan has the best television commercials. This is, obviously, not important in comparing plans. I just include this to say that you will get swamped with information about Medicare (TV, mail, phone, etc) if you are turning 65 or comparing plans. It is important that you have a good understanding of HOW to compare plans so that when you do compare, you can choose the best Medicare Supplement for you.

So in short, these things above just simply don’t matter. The only thing that matters when comparing Medicare Supplement plans to find the best Medicare Supplements for your age and zip code is price. Ultimately, your monthly premium is the only thing that differentiates one Medicare Supplement from another. If you want to get a rate quote chart that offers a Medicare supplement comparison of the plans available in your area, please contact us on our website or by calling 877.506.3378.

Medicare Supplemental Insurance – How to Compare

Comparing Medicare Supplemental insurance is an easy thing to do. The plans are Federally-standardized, and because of that, each company offers the exact same coverage for “like” plans. To put it simply, one Plan ‘F’ is the exact same as another Plan ‘F’. However, prices can vary a good bit, so it is important to compare prices to make sure that you have the best possible rate for the plan that you want.

If you are already on Medicare A & B with a supplemental insurance plan, you should follow the following steps to compare your plan and rates against other available options to make sure you are not “throwing away” money:

  1. First and foremost, you should do a Medicare supplemental insurance review each and every policy year. Some years this may take 30 seconds – sometimes, it may take a few days of thought (but can save you hundreds of dollars a year).
  2. The easiest way to do this is to use an independent brokerage agency. My agency,, is happy to provide you with an unbiased Medicare Supplement quote, but even if we don’t, we urge you to get a comparison of plans in your area from another independent agent.
  3. Once you have this comparison, you can compare other companies to your current company for a “like” plan. For example, if you have a Plan F now, you can easily compare other Plan F’s to ensure that you would have the same level of coverage. What is the premium difference? Is it significant? It helps to think of it as an annual amount. Are you saving $100 or more a year. Switching is easy to do, and is a matter of signing a few pages. There are no pre-existing conditions restrictions, so the only drawback in switching to a less expensive policy is the 2 minutes it takes to sign your name on the application.
  4. If you are open to looking at other Medicare supplemental insurance coverage levels, you can look at other plans that are different from the plan that you have currently. Plan F is the most common plan, but often, Plan G and Plan N are better values. So, you may want to consider those plans as well, which would offer even greater savings.
  5. No matter how you do it or which plan or company you choose, it is highly important that you do this on at least a bi-annual basis. Medicare Supplemental insurance premiums go up, typically, on an annual basis (policy year not calendar year). Also, new companies and plans are released all the time. Often, their rates are lower than what you have now. In 2009, over 80% of people requesting information on our website were able to reduce their premiums for equal or better coverage. So you must compare and “shop around” to look out for your wallet and ensure that you have the best available option for your Medicare Supplemental insurance coverage.

If you have any questions or want our assistance in comparing your options, you can reach us toll-free at 877.506.3378 or you can request a Medicare Supplemental insurance comparison on our website.

Medicare Supplement Quotes – The Secret To Shopping Online

Getting Medicare Supplement quotes online is easy to do. Just throw your information out there, sit back, and wait for the information/quotes to roll in, right? Sure, you can do it that way. However, there is a way to do it without being bombarded by agent phone calls, pushy sales pitches, and spam.

You see, most Medicare supplement websites are after one thing – your information. Then, they turn around and sell this information to the highest bidder (usually around $10-15 each) to a “lead company” that then re-sells your information to “no more than 3 agents” (what they mean by no more than 3 agents is, “we sell it to as many people as we possibly can”). But, there is another way. Proceed with caution when requesting Medicare supplement quotes. Follow these simple step-by-step instructions to making sure you are going to get the information you want without the high cost of invasion or privacy.

  1. First and foremost, it is difficult, if not impossible, to get Medicare supplement rates online. Most companies do not allow this information to be published. If it is published, it is highly possible that it is not up to date. So, requesting quotes, or a quote comparison, online is a necessity.
  2. The key is how you request these quotes and who you request them from. If a company doesn’t allow you to receive the quotes by email exclusively (requires a valid phone number and doesn’t say they will send them by email), then they may be going to re-sell your information.
  3. You should be able to find a company phone number and address on the website to ensure that this business is not an “Internet-only” business that is simply a re-seller of information.
  4. See if you can determine if the website is an independent insurance brokerage or simply a quote-gathering website.

In short, independent insurance brokerages are a great way to acquire quotes and sign up for Medicare Supplement plans. They allow you to compare all quotes in a centralized place and make an unbiased choice. The key is determining which website belongs to an independent agent or agency and which belongs to a lead-seller. That way, you can get the Medicare Supplement quote that you want without paying the price of privacy.

Medicare Part D – Annual Enrollment Period is Nearing

The annual enrollment period for Part D runs November 15-December 31. For 2011, that enrollment period is going to change; however, it will stay the same for one more year (2010).

This is the time of year to compare all of the new Part D plans to your current plan to see if there is any savings to be had on a Part D plan. You can do this on the website, which was recently revised in an effort to be more “senior-friendly” (see for yourselves and let us know what you think?!?!). Or, you can get quotes for the available Part D plans through an agent or broker, particularly an independent agent so you can compare all of the options in a centralized place.

If you have a Medigap (or Medicare Supplement) plan, this is also a good time to re-evaluate it, based on price. The plans are standardized, so price is the primary comparison point. You need to make sure you have the best price possible on your selected plan, so that you can avoid paying more than you should.

Part D plans are NOT standardized. On the contrary, they change each and every year, with new formularies, deductibles and premiums. This makes it more important than ever to re-evaluate each year. is a one-stop “shop” for comparing all of your Medicare insurance. You can re-evaluate your coverage, and in 85% of cases, save a good bit of money per month for the same exact plan. Insurance is an  increasingly changing field, and if you don’t change with it, you are at the mercy of what an insurance company wants to charge you. To get Part D information/quotes (starting in October) or Medicare Supplement quotes, visit us at

Medicare Supplement Plan D – A Great Value for Many Ages and Zip Codes

So many people get confused when they hear about Medigap plan D. With all of the ‘parts’ of Medicare and Medigap ‘plans’, getting confused is easy to do. Both use letters and sometimes, it all seems to run together.

However, Medigap plan D should stand out in your mind. It is sometimes the best value among available Medicare Supplement plans for your area. Plan D is very similar to Plan G, and both of these two plans are often the best value among available supplement plans.

So, what does Plan D cover? Well, most importantly, just like all of the plans, it covers Basic Benefits, or the 20% not covered at the doctor, hospital or skilled nursing facilities. Additionally, Plan D covers the Medicare Part A deductible, which is $1,100 annually in 2010. It also includes benefits for ‘At Home Recovery’ and ‘Foreign Travel Emergency’.

Plan D does not cover the Medicare Part B deductible, which is $155 for 2010. This deductible must be met at the doctor’s office, prior to the doctor’s office/services (Medicare Part B) coverage starting.

Many people opt for the ‘cadillac’ plans, which usually are ‘C’ and ‘F’; however, if the price difference offsets having to pay the Part B deductible, Plan D is often the better value for your Medicare Supplement plan money! So, when you are comparing options, don’t let someone talk you into a higher level of coverage because it is the “best”. Do the math for yourself and figure out, not which one an agent says is “best”, but which one is actually the most advantageous for you.

To have a customized rate quote comparison emailed to you, please visit Medicare Supplement quotes or Medigap quotes. At, we are a leading, independent authority on Medicare Supplement plans and information, and as a brokerage, we work with all of the companies so you can compare plans in a centralized place.

Medigap Insurance Plans – The Three Least Important Things About Choosing a Plan

Everyone wants to talk about what is important about choosing a Medigap insurance plan, and reasonably so. However, one thing that is not often discussed is the numerous things that are NOT important when comparing and choosing a Medigap plan.

Below, we have listed three of the least important things to consider when choosing a Medigap plan. Unscrupulous or uninformed agents sometimes emphasize the importance of these three factors to serve their own purposes; however, the three following factors are simply not important when it comes to comparing Medicare supplement plans:

  1. First and foremost, the “name recognition” of the company is not important.
    Medicare supplements must be accepted anywhere that takes Medicare. For this reason, an AARP plan is not better than a Sentinel Life plan etc. As long as it is a Medigap plan, the plan can be used anywhere that takes Medicare so there is no reason to base a decision on whether a company has “pretty commericals” or, worse yet, because you had them through your employer and they “pay good” (see #3 below!).
  2. Secondly, the coverage the company offers is a non-factor (since all coverage is standardized).
    This is simply not a factor because Medigap plans are standardized. Do not allow anyone to confuse you when talking about both Medicare Supplement plans and Medicare Advantage plans within the same conversation. The two are completely separate and there is no way of equally comparing them to one another. Medigap plans, however, compare very easily to one another because of this standardization of coverage. A Plan ‘F’ with one company is the EXACT same as a Plan ‘F’ with another company.
  3. Lastly, the claims process of the company is not a variable in the Medigap plans decision.
    Claims, for Medigap plans, are all filed automatically through the Medicare “crossover” system, so there is no variability in this from company to company. Do NOT make the mistake of letting someone tell you that one company pays its claims and another one does not. That is simply not true. If you want to validate this or check into it further, call Medicare directly, and they will tell you the same thing.

To find out more information and see a rate quote comparison for your age and zip code, visit Medicare supplement comparison.

Medicare Supplement Comparison – A Vital Part of Your Financial Plan

Comparing Medicare Supplements is a vital part of your sound financial planning. Not doing so can lead to hundreds, if not thousands, of dollars per year in unneccessary insurance expenses.

Studies show that 88% of those on Medicare agree in the need for something in addition to traditional, “original” Medicare insurance. This is where Medicare Supplement insurance comes in. It fills in the “gaps” in “original” Medicare.

If you have a Medicare Supplement now, comparing Medicare Supplement quotes is easy to do. Since plans are Federally-standardized, you can compare “like” coverage to ensure that you will have equal coverage. From that point, you should consider, primarily, the companies with the most competitive rates for your age and zip code. Rate is the primary decision point since coverage is equal.

If you do NOT have a Medicare Supplement currently, the first step is deciding which of the standardized plans would be the best fit for you. You can view the standardized plans chart at: Once you elect a plan, you should get quotes for your age and zip code and select a company that has competitive rates on the plan that you have chosen.

Even though coverage is standardized, rates vary greatly from area to area and from company to company. Comparing Medigap quotes and plans annually to ensure that you are not paying too much for your current plan is essential.