Active for over 80 years and offering top quality health insurance plans, coupled with a friendly, customized and advanced service to consumers nationwide, Equitable Life & Casualty Medicare is a leader in the Medicare Supplement market.
The company’s portfolio includes Medicare supplements plans, whole-life insurance plans, hospital indemnity, critical illness insurance, and short-term nursing home coverage.
Established in 1935, based on the principles of equality and fairness, Equitable Life and Casualty has enjoyed several decades of success. The insurance company offers prompt, professional and personal service and a flexible range of Medicare supplement plans via an easy application process to confirm acceptance. Depending on the geographic area Equitable Life and Casualty offers Medicare Supplement plans F, G and N. The premiums for the three plans differ in accordance with the geographic area and age, along with other factors. Contact us for a free quote at (800) 208-4974.
All plans with Equitable Life and Casualty feature the following:
- Portable coverage
- Guaranteed renewable for life
- 12-month rate lock-in
- Unlimited lifetime benefit
Equitable Medicare Supplement Plans
Equitable Medicare Supplement Plan F
Plan F is simple; it covers 100% of all costs that Medicare does not cover in full. As you can see in the chart above Plan F pays all costs. With a Plan F, you will generally pay more in premium each month and not have any hospital or doctor bills. Equitable is generally competitive on price in most areas for Plan F. Contact us at (800) 208-4974 for a free rate quote.
Equitable Medicare Supplement Plan G
Plan G is the most popular plan that Equitable offers. We recommend Plan G because it provides the most value vs Plan F, for reasons explained here. On average, Plan G offers more rate stability than Plan F. The only benefit difference between F and G is an annual deductible of $183 per year on Plan G. This is the Part B deductible and is associated with doctor visits and outpatient services. The premium difference between Plan F and G is often $300+ per year. For example; $300 – $183 = $117 in net savings on Plan G, plus better long-term rate stability.
Equitable Medicare Supplement Plan N
Plan N is the third most popular plan offered by Equitable Life and Casualty. Plan N comes with more out-of-pocket cost than Plan F and G. This can be a more affordable solution for those looking to save money on premiums. The out-of-pocket costs associated with Plan N are:
- $0-$20 co-pay at an office visit
- $183 annual deductible in 2017
- Part B excess charges not covered
- $50 copay at the E.R. (waived if admitted)
We like Equitable because they are very experienced in the Medicare market, they first started offering Medicare Supplement plans in 1965. They know the market and what to expect in the form of claims. This allows them to set their rates accurately and thus minimizes potential large rate increase that we often see with new companies. In addition, they have one of the easiest applications and are very pleasant to deal with. Equitable’s rates are very competitive in most areas across the country. If you are interested in learning more or getting a free quote, contact us at (800) 208-4974. To learn about potential other carriers see our full list of company reviews.