You won’t find Medicare Supplements through Medicare itself. Instead, they are sold by private insurers, the names of some you might already be familiar with. There are literally dozens of insurers that sell plans like Medicare Supplement Plan G 2020, and some of these operate nationally while others operate only on a local level and may not sell plans near you.
You can sign up for these Supplements once you are eligible. Most people who are 65 years or older will be eligible for them, but you also have to have a valid Medicare plan. The Supplements are designed to work with the basic Medicare plan, adding on coverage that the Medicare plan misses out on. Here are some of the more notable Medicare Supplement insurance companies:
Aetna– (NYSE: AET) Aetna offers a lot of member benefits to its subscribers. The sell a wide array of insurance plans, including other types of medical plans, such as family and dental offerings. They also provide their customers with dieting and exercise plans and other measures that can help them to live healthier lives.
Mutual of Omaha– One of the most popular Medicare Supplement providers is Mutual of Omaha. This company is based in Omaha, Nebraska and has a great reputation for customer service. They have been stable and strong for decades, providing their customers with steady rates and peace of mind.
Cigna– (NYSE: CI) Cigna is one insurance company that operates globally, and it does so while offering a vast assortment of medical insurance plans. It has two bases of operations- Bloomfield, Connecticut and Philadelphia, Pennsylvania. It offers far more than just medical insurance, also covering accident plans, life insurance and more.
United Healthcare/AARP– (NYSE: AARP) Under United Healthcare, AARP has really thrived. The senior-focused company has done well for a long time on its own, offering the very best in services for the elderly and retirees. It operates much of its organization as a non-profit entity, and it has numerous customer benefits to offer its subscribers that really make it stand out from the other insurers.
BCBS: (NYSE: ANTM) BCBS is unique in that it is not just one big company but rather a collection of smaller companies. These all have their own personality and member benefits, and that allows for a more personal touch with this insurer. They also specialize in low rates, offering some of the most competitive prices of any insurance company.