Consumer Reports Best Medicare Supplemental Insurance?

Consumer reports ranks the best medicare supplemental insurance.

Having additional coverage on an existing insurance policy is called supplemental life insurance. There are two ways of applying for a supplemental life insurance policy:

  • Through an employer
  • Privately

Supplemental Life Insurance

Many insurance policies are given to workers under the employer’s insurance program where the cost of coverage is covered by the employer. So if employees need coverage, they can tap the employer’s program they’re covered under and get insurance.

In such a case if employees feel that they need additional coverage to the existing policy they can ask the employer for supplemental life insurance- these are low amount of coverages and often free of cost.

You can also look for supplemental life insurance by applying for privately- go to the insurance company and tell them you need additional coverage for yourself or anyone else who is attached to the policy. They will give you a suitable plan with a proper coverage amount, and with lower premiums too.

Medicare is for all Americans above the age of 65 and disabled persons below the age of 65. Regardless of your income or asset worth, Medicare aims to provide services to all seniors in the country.

If you fall into the eligibility criteria of both Medicaid and Medicare, you can avail both at the same time. This is possible because both programs provide different services so you can benefit most of them this way.

Medicare Supplement Plans

Consumer reports rank Medigap as the top choice for Medicare supplemental insurance, distinguishing it from Medicare Advantage Plans. Unlike the latter, which provide Medicare benefits, Medigap exclusively enhances Original Medicare coverage.

You pay a monthly premium to the private insurance company for your Medigap plan, separate from the Part B fee paid to Medicare.

Medigap plans are individual-focused; each person requires their own plan, even spouses. These plans are available from any state-licensed insurance company.

Standardized Medigap plans are guaranteed renewable, regardless of health conditions, ensuring continuity as long as premiums are paid.

While some older Medigap plans included prescription drug coverage, post-January 1, 2006, regulations prohibit this. For drug coverage, you can enroll in a Medicare Prescription Drug Plan (Part D). If purchased from the same company, separate fee payments may be required.

Selling a Medigap plan to someone with a Medicare Advantage Plan is illegal, unless they are reverting to Original Medicare.

Is it better to have Medicare Advantage or Medigap?

A Medicare Advantage plan might be a superior decision in the event that it has  an out-of-pocket maximum that shields you from colossal bills. Customary Medicare in addition to a Medigap protection plan for the most part gives you more choice as to where you get your care.

Unique Medicare permits you to utilize any U.S. specialist or clinic that acknowledges Medicare, and most do. Most Medicare Advantage plans limit you to utilizing doctors in their organization and may cover less, or none, of the costs of using out-of-network and out-of-town providers.

Medicare Advantage plans are where care is composed and your primary care specialist will be given all information and kept in the loop with care updates. With customary Medicare, you don’t need referral to see a specialist or a prior authorization for procedures, yet you’ll have to ensure care is composed and your primary care physicians are in correspondence with each other. Regularly this is best done by building up a relationship with an essential care doctor and letting them allude you to experts.

Best Medicare Advantage Plans

There are several Medicare Advantage plans and organizations you can look over. One of the key variables you ought to consider when settling on that decision is which ones offer more extensive advantages for you.

23% of Medicare clients who are thinking about changing their present Medicare plan say they need more assorted arrangement benefits. These can incorporate things like professionally prescribed medicines, gym memberships, and grocery delivery service.

  1. Kaiser: 94.2% customer retention rate, highest CMS star ratings in states served, $0 deductible with every plan, $0 monthly premium option in many plans but only serves 9 states.
  2. AARP United Healthcare: 90% of customers had no premium increase in 2019, national plan availability, Above average satisfaction rating, 3 types of Special Needs Plans (SNPs) offered but limited online resources.
  3. Humana: Numerous health and wellness benefits, mail delivery for prescription drugs with some plans, resources for managing chronic diseases, ranked #1 for customer service. Humana Honor plan designed specifically for military veterans but there are limited pharmacy options.
  4. Aetna: 72% of customers have a $0 monthly premium, explorer benefit allows you to receive in-network benefits from any Aetna facility, plan availability varies significantly by location, slightly below average satisfaction rating.
  5. Blue Cross Blue Shield: 96% of hospitals and 95% of healthcare providers work with BCBS, multiple plans available in many locations, Special Needs Plans (SNPs) offered in many areas.
  6. Cigna: 89% of plans have a $0 monthly premium, most plans include prescription drug coverage but most plans are HMOs (must stay in-network).


Opting for a supplemental life insurance policy proves advantageous, particularly for spouses, especially when it’s provided under an employer’s plan. With the employer covering the cost of coverage and premiums, policyholders can rest assured. This ensures permanent coverage for the spouse for as long as the employee remains with the company.

Consistently paying premiums each month guarantees the policy remains active, ensuring the policyholder receives the designated coverage amount at the appropriate time.

Charles Bains

Charles Bains

Charles Bains started his insurance career as a marketing intern before pounding the pavement as a commercial lines agent in Orlando, FL. As an industry journalist, his articles have appeared in a variety of trade publications. His insurance television career, short-lived but glorious, once saw him serve as the expert adviser on an insurance-themed infomercial (yes, you read that correctly). Having recently worked for various organizations, coupled with his broader insurance knowledge, Charles is able to understand our client’s needs and guide them accordingly. He is a gem for Insurance Noon as his wide area of expertise and experience have been beneficial in conducting further researches to come up with solutions and writing them in a manner which is easy for everyone including beginners to comprehend.

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