Medicare Supplement Plans Offered By Aetna
Aetna Medicare Supplement Plans are offered by Aetna through one of their subsidiary companies. Depending what state you are in you will see either Continental Life of Brentwood Tennessee, American Continental or Aetna Health and Life. All of these companies are owned and operated by Aetna. All Medicare supplement ID cards and policies have “Aetna” written on them as well as the name of the subsidiary company. Aetna maintains and A rating with A.Ms Best. Aetna offers plans F, G and N is most states. They are most competitive on their plans G and N.
With all of Aetna’s Medicare supplement plans you get:
- 30 day free look period
- 12-month rate guarantee
- Guaranteed renewable for life
- Freedom to choose doctors
- Portable coverage
- Fitness discount program
- Household discount
Aetna Medicare Supplement Plan F
Plan F is offered by Aetna and as with every plan F, the benefit covers everything that Original Medicare does not pay in full. As long as you go to a Medicare-approved provider you will not have to pay anything out of pocket with plan F. As you can probably imagine, the plan that covers the most is also going to cost the most in premium. There is no exception with plan F; it is the most expensive supplement plan on average, compared to the other plans available. In addition, the rate increases on plan F tend to much higher than the other two popular plans; G and N. On average, the rate increases on plan F are about 6% – 10% per year, depending on the company and state you are in. Aetna, in particular, has remained fairly competitive in most states with their plan F. I always recommend taking a close look at plan G and N before making a decision.
The chart below shows exactly what Plan F covers in comparison to the other Medigap plans available.
Aetna Medigap Plan G
Medicare Supplement Plan G is by far, the most popular plan offered by Aetna and for good reason. Aetna has made a statement among insurance companies in recent years by having the most competitive rates for this plan across the country. In addition, their rate increases on plan G have been very conservative, in most states they have been approved for rate decreases. As you can see below Plan G is almost identical to plan F, the only exception is that the Part B deductible is not covered. This deductible is $185 for 2019. With a Plan G, the most you would pay out-of-pocket for the year is the $185, as long as you go to a doctor or hospital that accepts Medicare. If you are comparing Medicare supplement plans from Aetna or any other carrier, plan G will provide you with a lot of value for your premium dollar as the cost is much lower than plan F.
Aetna Medicare Supplement Plan N
Plan N from Aetna is also a great choice. The difference in coverage between plans G and N are shown below in the chart. You will see that plan N has an asterisk in the “Medicare Part B coinsurance or copayment” box. This means there is a copay when you see a doctor. The copay is between $0 – $20. The most you will ever pay at a doctor’s office is $20. Also, there is a $50 copay at the emergency room but this is waived if you are admitted. In addition, Part B excess charges are not covered on plan N, these charges rarely ever occur and can be easily avoided if you simply go to a provider that takes “Medicare assignment.” Call me if you have any questions regarding plan N – (800) 208-4974, I would be happy to answer them. The premium on plan N is lower than plan G and the rate increases are about the same, on average as plan G. Between 0% – 6% per year.
Our Professional Opinion
Our Aetna Medicare supplement review is a strong recommendation.
At the time of writing this, Aetna Medicare supplement plan G and plan N are very competitive in many states across the country. They have been getting approved for rate decreases on their plan G in many states across the country making them even more competitive. In some states, they have even averaged rate decreases going back 5 years on their Plan G. We highly recommend Aetna and use them as one of our top go-to carriers for Medicare supplement plans.
Update (11/2017): Aetna is still very competitive in many areas across the country. They did post some rate increases in many states for their plans, so there may be other carriers with better rates. Just give us a call at (800) 208-4974 for a free quote comparison.
Customer service is excellent at Aetna and we have never had a problem dealing with them. If we have to call into underwriting or the customer service department on behalf of a client, we never have to wait longer than 5 minutes. They have always issued policies in a timely manner.
To get free quotes on Aetna Medicare supplement plans or if you wish to enroll, simply call us direct at (800) 208-4974. We would be happy to help you in your decision. We are a unique insurance agency dedicated to assisting folks with Medicare. Learn how we are different here.
Aetna Medicare Supplement Review
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