Pekin Medicare Supplement Plans: Fill in “Gaps” With a Medigap Plan

Pekin Life Insurance Company Brief History and Background

Pekins has very humble roots, it was founded in 1921 by a group of farmers in Pekins, Illinois. The farmers had the idea to offer affordable automobile insurance to folks, but that has since grown to different health care insurance avenues. It’s interesting how they started in a small donated office in a courthouse, now they have eight different offices across the United States. They are currently available in 21 states and they plan to expand more into more states. 

Their vision is to continue being an innovative company bringing strong customer service and excellent health plan insurance products. They value their employees and their customers and their philosophy is to go “Beyond the expected.” Meaning, they go out of their way to make sure that each customer is taken care of right, and employees feel like they are an important part of the company and the mission. 

Pekin Financial Strengths and Rating

It’s clear that Pekins has truly grown from an idea from a small group of farmers to a billion-dollar company. Today, Pekins is one of the most successful insurance providers in the U.S. They currently have combined assets of $2 billion, with over 800 employees, 1,500 agencies, and 8,500 independent agents. According to A.M Best rating, they currently have an A- (excellent) rating. This rating represents that Pekins demonstrates financial strength and creditworthiness. This means that Pekins is stable, reliable, and shows comprehensive growth that is worthy of investment. 

In addition, the Pekins insurance company also has an A+ rating on the Better Business Bureau. This shows how Pekins puts its customers at the forefront and does its best to accommodate their needs and give fast claims. 

Pekin Medicare Supplement Products and Services

Pekins offers an array of Medicare supplement plans, monthly premiums, and plans which depend on the state and different factors. With Pekins Medigap options, folks are able to save out-of-pocket costs on medical expenses. Even though people are automatically signed up to Original Medicare Parts A and B, it doesn’t necessarily cover everything. There is a 20% “gap” that can have unpredictable costs that can be thousands of dollars. 

In those cases, it’s best that folks get a Medicare supplement policy so medical costs will be fully or mostly covered. This provides peace of mind if anything unexpected happens. What makes Pekins unique is that they give perks or benefits that no other insurance provider gives. 

Here are some of Pekins medicare supplement benefits:

• Silver & Fit Program
• Discount card for prescription medications
• Identity theft resolution service
• Home fitness kits

These services will depend on which state you reside in and availability. To learn more, contact us at 800-208-4974. One of our experienced insurance agents can answer any questions you may have and provide a free consultation and quote comparison. 

Pekin Medicare Supplement Plan A

Pekins insurance policy offers Plan A which is the most basic and affordable of all the 10 Medicare supplement plans. Even though Plan A offers the least benefits, it still can save you a lot on medical expenses. This health insurance option guarantees to cover four essential needs which are: 

• Inpatient hospital care
• Medicare Part B copay
• First 3 pints of blood
• Hospice care expenses

In addition, to those listed above, they also cover basic benefits. Even though Plan A may be leaner, it still offers coverage that may fit your needs. If you’re having a hard time finding the right plan for your unique needs, give us a call at 800-208-4974. One of our licensed insurance agents will be able to walk you through the Medicare supplement process and help find the plan and provider best for you. 

Pekin Medicare Supplemental Plan F

Pekin Medigap policy Plan F is one of their most popular plans since this plan covers most or all of the Medical expenses. However, folks are only eligible to apply for Plan F if they were eligible for Medicare before January 1, 2020, or qualified for Medicare due to a disability before January 1st, 2020. With this plan, it leaves a lot of folks with the least out-of-pocket cost because it pays all hospital and doctor visit costs. 

Here are some of the highlights of Plan F: 

• 100% coverage of hospital costs up to an additional 365 days after Original Medicare
• Preventative care 
• Part B excess charges 
• Part B deductible 
• Medicare Part A deductible
• Limited foreign travel emergency

Plan F is definitely the most popular because the benefits listed above are just the tip of the iceberg of the coverage available. The most important part is that with Part B excess charges covered, that means if a specialist of doctor recommends you take a certain treatment for a condition, then Medicare supplement covers those costs.

If you have any questions about Pekin Medicare supplement insurance Plan F, give us a call at 800-208-4974. One of our trusted insurance agents can help you find the right plan and compare rates with different providers, at no cost to you. 

Pekin Medigap Plan G

Pekin Medicare supplement Plan G is probably the second most popular plan that they have available for people on Medicare. This plan is identical to Plan F, but the only difference is that it doesn’t pay the Medicare  Part B deductible. In that case, you must pay 20% of the out-of-pocket costs of a Medicare-approved Part B service. Even though that is a disadvantage of Plan G, there are still many advantages of Plan G to significantly reduce medical costs. 

Here are some of the benefits Plan G has to offer: 

• Part A hospice care
• Part B excess charges
• Part B copay or coinsurance 
• Part A deductible 

If you would like to learn more about Pekin Medicare supplement Plan G, give us a call at 800-208-4974. One of our trusted insurance agents would be able to help you with any questions you may have. In addition, they will be able to help you compare rates with other providers and find the plan that best suits your needs. 

Pekin Medigap Plan N

Plan N is another plan that is offered by Pekin insurance company, this plan is one of the most affordable plans they have available in the market. With this plan you’ll be able to get 100% coverage to all of the following:

• Part B coinsurance 
• Part A hospital coinsurance 
• Part A deductible 
• Part B preventative care
• Skilled nursing facility 

However, Plan N does not cover Part B deductibles or excess charges, meaning that those costs have to be paid out of pocket. If you go to a doctor or specialist for instance, and they request that you get more medical services, that cost would be left at your responsibility. 

Wondering if Plan N could be the medicare supplement plan for you and your medical needs? Give us a call at 800-208-4974, we’d be more than happy to answer any questions you may have, as well as provide you price comparisons with different providers. 

Our Agency Recommendations

At Bluewave insurance we understand that signing up for Medigap can be long and confusing, that’s why we recommend that folks sign up for Pekin Medicare supplement plans. Our trusted insurance agents believe that they are able to provide top Medigap service. They also have a great standing with their stakeholders and policyholders, with great rankings on A.M.’s best and the Better Business Bureau. The choice is clear if you want to sign up for a reliable Medicare supplement company, consider signing up for Pekin Medicare supplement products. 

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If you need help signing up for a Medicare supplement plan or would like to receive a free consultation and rate comparison, give us a call at 800-208-4974. One of our experienced insurance agents will be happy to you, at no cost or obligation for you. 

Read More:

• National General Medicare Supplement Review
• Heartland Medigap Plans
• Reserve National Medicare Supplement Plans

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