Avoid This Common Medicare Mistake By Using EZ

The time has finally come for you to begin enjoying your retirement – and to finally begin reaping the rewards of all of those Medicare taxes you paid throughout your working life! But when you do enroll in Medicare, you’ll find that it doesn’t cover everything, so you’ll probably want to choose a Medicare Supplement Plan, which will help you save hundreds of dollars in medical expenses each year. That might be easier said than done, though: for first-time enrollees, searching through all the different Medicare Supplement Plans (there are 10 to choose from), can get overwhelming. In fact, 80% of people get so frustrated that they make this one common (and big) Medicare mistake, which ends up costing them in the long run.

Going With Familiar Companies

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Oftentimes people will choose to buy a plan from a familiar company, which can cost them more money.

Let’s face it, when we have to make a decision, many of us choose something that we are familiar with because it’s just easier, and feels like a safer option; in fact, research shows that roughly 80% of consumers will go with a brand or company they are already familiar with. This is exactly what many Medicare beneficiaries end up doing when searching for a Medicare Supplement Plan. Instead of researching multiple insurance companies, many go with a familiar company, like the  health insurance company that they had an individual plan with. If they had a great experience with, let’s say, Blue Cross, they will lean towards choosing a Blue Cross Medicare Supplement Plan. Is Blue Cross a great company? Yes! Is it your best option? The answer to that question is only: maybe. 

Before you can really answer that question, you’ll need to check out all of your options –  limiting yourself to a familiar company will prevent you from determining which company has the plan that will offer you the most benefits for the best price. There are hundreds of insurance companies that sell Medicare Supplement Plans, so why settle for one you only think is offering a good plan? Going with a plan simply because you’re familiar with the insurance company could mean you’ll end up with a plan that is more expensive than others, or worse, with one that does not offer enough coverage for your needs. 

Avoid this Medicare mistake: compare plans from multiple insurance companies! And if that becomes too much to deal with, too confusing, or just downright annoying, let EZ do all that work for you!

Getting Help From An EZ Agent

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EZ works with the top-rated companies and can compare plans based on different factors.

There are a lot of things that set EZ apart from other companies. Not only do we work with the top-rated insurance companies in the country, we also partner you with one and only one agent who will be dedicated to finding you the best plan possible. Instead of wasting your time getting frustrated and anxious about which plan to go with, we can do all the heavy lifting for you at no cost – we’ll compare all available plans in your area for free! Unlike other companies, we genuinely want to help you, not make money off you. So what exactly will our agents do for you? Well, they’ll look at each insurance company offering Medicare Supplement Plans in your area, and give you information on:

  • The history of the company
  • The quality of their customer service
  • Their prices
  • Their coverage options
  • What savings they can offer you

We will discuss all of your options and explain which Medicare Supplement Plan will work best for you – and you might find that what you thought was a great plan because it was with a company you’ve already worked with is actually one that would cost you more than other plans out there. Avoid this by talking to a trusted EZ agent, who will compare your options for you in minutes. You don’t have to go through the process of researching or comparing, or end up making the Medicare mistake of settling and losing money. Instead, get the best plan with the most savings with an EZ agent. To get free instant quotes, simply enter your zip code in the bar above, or to speak to a licensed agent in your area, call 888-753-7207.

Get A Plan From One of The Best Rated Medicare Supplement Companies Through EZ

There are a lot of choices when it comes to Medicare Supplement Plans. You not only have the choice between 10 different letter plans, but you also have the choice of multiple companies to buy your plan from. There’s Aetna, Cigna, Humana, Mutual of Omaha, and so many more. But which one in this sea of companies should you go for? First you need to determine which companies service your area. Next, you need to check each company’s ratings. At EZ, we have agents who can find the company that best fits your needs, so you can get the best possible plan and service. 

How Companies Are Rated

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Organizations like the Better Business Bureau will sometimes evaluate multiple companies and give awards based on certain factors. 

Ratings for insurance companies that offer Medicare Supplement Plans are not based on the coverage that their plans offer. This is because Medicare Supplement Plans are standardized by Medicare, so each insurance company has to offer the same benefits for each letter plan across the board. Insurance companies can, however, set the premiums for their plans, so those vary from one company to another. Ratings aren’t generally determined by price alone, though. Insurance company ratings are based on: 

  • The variety of plans offered. Many companies only offer a limited number of policies out of the 10 different letter plan types. 
  • Their customer service. This is determined by customer reviews.
  • Awards received. Organizations like the Better Business Bureau will sometimes evaluate multiple companies and give awards based on certain factors. 
  • How many states they offer plans in. Some companies only offer plans in a handful of states, while others serve more areas.

The Top Rated Companies

After evaluating all of the criteria above, we have determined that the top 5 Medicare Supplement insurance companies are:

  1. Humana– Covers all 50 states, offers plans A,B,C,K,L,N, and has the best additional member benefits. This company generally uses attained-age pricing, meaning premiums increase as you age, and premiums depend on your location, age, tobacco use, and gender. They offer small discounts to those who are living with another senior member who has one of their Medicare Supplement Plans.
  2. Aetna- Covers 42 states, offers plans A,B,G,N, and is rated best for customer service. Aetna generally uses attained-age pricing, so premiums increase as customers age. They  also offer a 12-month rate lock, which guarantees that your premiums will not go up in the first year. They offer a 12% discount for customers who live with another senior who has one of their Medicare Supplement Plans. 
  3. Cigna– Covers 50 states, offers plans A,B,C,D,G,N, and has been rated the best overall value for the plans they offer. They do not require customers to use an in-network doctor, and they offer competitive premiums and some of the most affordable options. They offer a 7% discount for customers living with one other person that is enrolled in one of their Medicare Supplement Plans. map of the US with the states in different colors

  4. AARP– Covers 50 states, offers plans A,B,C,G,K,L,N, and is rated the most experienced in working with seniors. To qualify for a plan, you must be an AARP member. Their plan prices are community-rated. They offer an enrollment discount in most states of up to 30% for seniors aged 65, and they offer a 5% discount when more than one person in the household is enrolled in one of their plans.
  5. Mutual of Omaha– Covers 50 states, offers plans A,G,N, and is rated the most experienced in working with the Medicare system; they have been offering Medicare Supplement Plans since 1966. Their plans usually use attained-age pricing, so premiums increase as customers age. They offer a 12% discount if you live with one other person (over 60 years old) that is also covered by one of their plans. 

If you are interested in getting a plan from a top-rated Medicare Supplement company, EZ can help. We work with all of these companies, and more, and we will provide you with a highly trained licensed agent who works with these companies. Your agent will compare all available Medicare Supplement Plans to find the best one for you. You deserve the best, so we’ll make sure you get the best. To get free Medicare Supplement Plan quotes, enter your zip code in the bar above, or if you prefer to speak to an agent directly, call 888-753-7207. Our agents are ready to help!