Our team at Bluewave Insurance are proud to present our clients with Sterling Insurance Medicare supplement plans. To learn more call us at 800-208-4974.
Sterling Company Background and History
A brief history about Sterling Insurance, they were established in 1958 and provide health care services to all Americans. They started in the Medicare supplement market around 1999 and have been thriving in the industry ever since.
Sterling really prides themselves for providing best-in-class health care services for their clients. They were the first to contract with the Center for Medicare and Medicaid Services (CMS) for a Medicare health plan.
Additional Sterling Insurance Products
- Life Insurance
- Long Term Care Insurance
- Medicare Prescription Drug Plans (Individual or group)
- Medicare Health Insurance (Individual or group)
- Critical Condition Insurance
- Senior Vision and Hearing Plans
- Senior Dental Plans
Sterling Financial Points and Rating
Sterling Insurance Company boasts a strong financial score. They are currently rated A- (Excellent) by A.M. Best, this indicates that they have been performing well for their stakeholders and beneficiaries by upholding expectations and goals. Most of all, they show predictability in their spreadsheet for continuous growth and success.
Sterling Medicare Supplement Products
Sterling offers a robust Medigap plan and can provide customers with some of the best supplement products. They have their standardized benefits that Original Medicare (Part A and Part B) do not cover. In this case, with any of Sterling’s Medicare supplement plans, you’ll be able to reduce the 20% cost that Original Medicare does not cover. Further saving you money in the long run.
Sterling’s Medicare supplement inventory runs from Plans A-N. However, in this article we will only be talking about their most popular plans which are: Plan F, Plan G, and Plan N. We will dive deep on the benefits and what it does and doesn’t cover.
If you are wondering if Sterling is the right insurance company for you and would like some guidance, contact us at 800-208-4974 to speak with an experienced insurance agent. Our team at Bluewave Insurance would be happy to answer any of your questions and guide you through your Medicare supplement journey.
You are eligible for Sterling Medigap plans when you are 65 or older, or enrolled onto Medicare. This is during the time when you are automatically placed into Original Medicare Part A and Part B. However, the best time to purchase a Medicare supplement plan is during the Open enrollment period, so during the 6-month period of the first day of your 65th birthday.
Unfortunately, Sterling does not offer Medicare Part D. To obtain prescription drug coverage you will need to buy a stand-alone Part D plan.
Sterling offers Medicare SELECT which provides the same offerings as other Medicare supplement plans but with more benefits. With Sterling Medicare SELECT, policy holders will be in a unique in-network Medicare supplement plan which will avoid out of pockets for non-emergency services. To learn more about Sterlings Medigap plans or if you have any questions, contact us at 800-208-4974 to speak with one of our experienced insurance agents.
Sterling Life Insurance Company Medigap Plan F
Sterling used to offer Medicare supplement Plan F to new enrollees. However, since January 1, 2020, Plan F is no longer available to new beneficiaries. If you are enrolled in a Plan F or you became Medicare eligible after January 1st, 2020, you can still Purchase a Plan F.
Plan F is one of the most popular plans since it offers the most comprehensive coverage that by Sterling. With Plan F you get all the coverage from Plan C, plus Plan B excess charges.
Here are a few highlights of Plan F:
- No Copays
- No deductibles
- No out of pocket costs
Plan F will definitely “fill” the gap that Original Medicare does not cover. If you currently have Plan F and have questions or would like to switch Medigap plans, give us a call at 800-208-4974. We’d be happy to assist you with any of you Medicare supplement needs.
Sterling Medicare Supplement Plan G
With Sterling Medicare supplement Plan G, it offers pretty much that same range of coverage as Plan F. So if you are a new enrollee and want something as robust as Plan F (which is currently not available for new Medicare supplement users) than Plan G may be the Plan for you!
Plan G covers everything that Plan F covers except for the Part B deductible which is $226 in 2023. Here are some of the benefits of Plan G and why folks prefer this plan over the other Medigap Plans:
Plan G covers:
- Inpatient hospital costs
- Blood transfusions
- Skilled nursing
- Hospice care
Those are just some of the benefits of Medicare supplement Plan G that Sterling offers. To get the full list and to receive a free rate comparison, contact one of our insurance at 800-208-4974, they would be happy to answer any questions to may have.
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Sterling Medigap Plan N
Medicare supplement Plan N is one of the more affordable options. Similar to Plan G, however, it does not cover Medicare Part B deductibles or Part B excess charges. In that case, beneficiaries would have to pay out of pocket for those costs.
However, Plan N still provides coverage for a multitude of services such as:
- Hospital costs up to 365 days after Original Medicare
- Hospice care copay or coinsurance
- Part A deductible
- Part B coinsurance costs
- Part B preventative care
- Skilled nursing
Wondering if Sterling Medigap Plan N is right for you? Give us a call at 800-208-4974 to learn more and to receive a free quote comparison.
Our Expert Advice
Even though Original Medicare does cover all of your needs, there is still a 20% gap that Medicare Part A and Part B don’t cover. That’s when having a Medicare supplement plan comes in handy. With a supplement plan, you can greatly reduce out-of-pocket costs and avoid high health care expenses.
At Bluewave Insurance, we are elated to offer Sterling Life Insurance company to our clients. We believe that they have amazing Medigap policies that will cover your needs.
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To learn more or for a free consultation, contact us at 800-208-4974. Our experienced insurance agents will be happy to answer any questions or provide you a free quote comparison.
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