Most Medicare Supplement companies do not allow their rates to be published online for the general public. If you have been searching for rates, you have probably found this to be the case. That said, there are very easy ways to get Medicare Supplement quotes online without having to speak to an agent or the company on the phone or meet someone in person.
Below, we’ve listed step-by-step instructions for obtaining Medicare Supplement quotes online and comparing the plans:
- First and foremost, have some knowledge about what you’re looking for. Many people mistakenly refer to all types of plans as “Medicare Supplements”. Your employer group coverage is NOT a Medicare Supplement. Medicare Advantage plans, which replace Medicare instead of supplementing it, are NOT Medicare Supplements. Medicare Supplements are Federally-standardized and must be named by the letters that the Government has mandated. This means that all plans will be one of the standardized plans – A through N – that are found on the Medigap coverage chart.
- While most companies don’t publish their rates online, they employ independent agents who do. Independent agents do not cost anything for you to use. What they do is compile all quotes for your area and situation into one place, so that you can easily compare among multiple choices. You should find an agency that will send you the rate quote comparison by email so you don’t have to call the companies individually. Most independent agencies will do this. No matter what you sign up for or who you sign up with, we certainly recommend using an independent agent/agency for the information and service they provide.
- Once you receive a chart that shows the quotes from a handful of companies, you want to make sure you are comparing them using the correct criteria. While many people will ask how a company pays, if it pays on time, or if doctors accept the plan – all of these are factors which do not play into a decision about Medicare Supplement plans. With the standardization of plans, you can go to any doctor/hospital nationwide that takes Medicare, regardless of the plan that you have. Also, the companies pay claims through the Medicare “crossover” system so there is really no variation in how/when one companies versus another.
All in all, choosing a Medigap policy does not have to be all that difficult to do. You can certainly get Medigap quotes online and compare plans to make an informed, educated decision. If you have questions, visit us online or call us at 877.506.3378.