Take a look at this comprehensive review of Greek Catholic Union Medicare supplement plans. To learn more about their plans and services, contact us at 800-208-4974.
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GCU Company Background and Overview
The GCU (Greek Catholic Union) was founded in 1892, with headquarters in Wilkes-Barre, in the state of Pennsylvania. The first location was close to Pittsburgh, but in 1987 they moved to Beaver, in the same state.
The union was originally founded by 14 Catholic Greek Lodges with the same goal to ensure the education and protection of all its members. In the 1920s, the number of members reached 130,000, the highest number ever. At that time, the Greek Catholic Church had a huge impact and importance to the union.
Only in 1979, this relation was ended. Although the union is still popular, the number of total members is low, around 30,000.
Nowadays, the Greek Catholic Union provides a variety of healthcare and life insurances including long-term care, long life and etc. Their main product is the Medicare supplement plans which have been around for the last 3 years and they are marketed as A, F, G, and N. All the plans are for men and women age 65 or above.
One of the most useful features the Greek Catholic Union offers is the application over the telephone. It is easy and it takes just a couple of minutes, requiring the name, address, medications, and the list of medical conditions.
Medicare Supplement Plans Offered By Greek Catholic Union
| Medigap Benefits | Plan F | Plan G | Plan N |
| Medicare Part A Coinsurance | 100% | 100% | 100% |
| Medicare Part B Coinsurance | 100% | 100% | 100% ** |
| Blood (First 3 Pints) | 100% | 100% | 100% |
| Part A Hospice Coinsurance | 100% | 100% | 100% |
| Skilled Nursing Facility Coinsurance | 100% | 100% | 100% |
| Medicare Part A Deductible | 100% | 100% | 100% |
| Medicare Part B Deductible | 100% | X | X |
| Medicare Part B Excess Charges | 100% | 100% | X |
| Foriegn Travel* | 80% | 80% | 80% |
The Greek Catholic Union offers Medigap plans F, G, and N in most states across the country. The most popular plans are F and G.
Plan F covers all costs that Medicare does not pay in full, including the Part B deductible of $226. Because Plan F covers the most, it is the most expensive.
Plan G is becoming the most popular plan as it is much more cost-effective than Plan F. The only benefit difference between F and G is the Part B deductible.
The premium savings between the two plans often more than covers the benefit difference. In addition, the rates tend to increase less with Plan G.
Plan N is another great option for folks who want to save on premium. Plan N covers all the major “gaps” leftover. The only out-of-pocket costs are $0-$20 copays at an office visit, the Part B deductible and in most states “Part B excess charges” are not covered.
Only folks that were Medicare-eligible prior to January 1st, 2020 are able to enroll in GCU Medigap Plan F. However, folks can sign up for Plan G which is almost identical to Plan F and with a lower monthly premium.
Greek Catholic Union Medicare supplement plans are available in all states in the United States, but the plans are different depending on the state. We recommend that folks speak with a licensed insurance agent to find the best plan and rate for their unique needs.
Greek Catholic Union Medigap Plan F
GCU offers Medicare supplement Plan F, one of the most robust plans yet. With Plan F Medicare-eligible folks will have coverage from all the “gaps,” that Original Medicare doesn’t cover. Here are some of the highlights of Medicare supplement Plan F
- Medicare Part B coinsurance
- Medicare Part B excess charges
- First three pints of blood used in an approved medical procedure (annually)
Medigap Plan F has much more coverage that is perfect for folks who need a lot of medical attention or frequent a specialist or doctor. This plan will surely give you the peace of mind you deserve.
GCU Medicare Supplement Plan G
Another option for folks that want comprehensive Medicare supplement care but don’t want to pay the premiums that Medicare Plan F has, a great alternative is Plan G. With Greek Catholic Union Plan G, policyholders will get everything that Plan F has to offer except for coverage on the Part B deductible.
Here are some of the reasons why folks choose to sign up for Plan G:
- Full coverage minus the Part B deductible
- No copays
- Coverage for Excess Charges
It covers way more with Medigap Plan G, satisfying the 20% that Original Medicare doesn’t cover. If you’re having a hard time deciding whether Plan G or Plan F is meant for you, we recommend speaking with a licensed insurance agent that can walk you through making a calculated decision.
Greek Catholic Union Medicare Supplemental Plan N
Medicare supplement Plan N is a great value for folks that want coverage and the lowest premium. With this plan, you can avoid many out-of-pocket costs and make sure you are covered for the unexpected ordeals in life. With Plan N, you get all the basic benefits; however, you will be responsible for paying $20 for each doctor’s visit, $50 for each emergency room visit, and any excess charges.
Here are the things Plan N doesn’t Cover:
- Part B deductible
- Part B Excess Charges
- Copay at doctor or E.R.
Even though Plan N may be the leanest plan, it still provides ample coverage that is perfect for folks who don’t need a lot of medical attention and want unpredictable happenings in life.
Explore other reviews: United World Life Medigap Review
Our Recommendation
Greek Catholic Union does not have an A.M.s Best rating and is a very small carrier. Generally, we only recommend companies that have a solid financial rating so we are not putting our clients at risk.
There are A rated companies like Aetna and Cigna who have competitive rates and are a better/safer option.
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Alex Wender is the founder and CEO of Bluewave Insurance. He has been blogging about Medicare-related topics since 2010. Since then, he and his agency have helped thousands of people across the country choose the right Medicare to fit their needs.
