New Era Medigap Plans

New Era Medigap plans fill the GAP left after Medicare pays their portion. A New Era Medicare supplement plan not only protects your wallet against catastrophic claims but can generate hundreds of dollars per year in premium savings.New Era Medicare supplement plans

New Era Medigap plans, including plan F, are identical in every way to Medicare supplement plan F from Blue Cross, Mutual of Omaha, AARP or any other carrier.

Identical in every way except without the high premium.

In some states New Era offers Medicare supplement plans through Philadelphia American.

 

Georgia Medigap plans & Prices
Georgia Medigap plans & Prices

 

New Era Medigap plans offer policyholders outstanding value.  Other benefits include:

  • Quick underwriting and fast policy issue
  • Friendly customer service
  • Efficient paperless claim service on all New Era Medigap plans

All New Era Medigap plans allow you to use any Medicare approved doctor or medical facility. There are never any networks and you do not need a referral to see a specialist.

With a New Era Medigap plans you have access to over 16,000 Georgia doctors and over 200 hospitals.

New Era has a 40+ year history of providing coverage to policyholders. Georgia residents can pick from Medigap plan A, C, F, G or N.

All Medigap plans issued since 2010 are standardized to meet CMS guidelines. Most people will buy Medigap plan F because that is usually the only plan presented by most carriers and agents. They never are given a chance to learn how to maximize their dollars by considering money saving options in plan G or plan N.

All modernized Medicare plans offer all government mandated benefits including preventive care. Medicare preventive services include diabetes screening, immunizations, glaucoma testing, mammograms and pelvic screening. Click for a complete list of Medicare  preventive benefits.

New Era plans do not cover outpatient prescription drugs. For that you will need a separate Part D prescription drug plan.

The only way to obtain New Era Medicare supplement rates is through an independent agent. Get instant Medigap quotes.

 

#NewEraMedicareSupplement

GA Medigap Rates March 2015

GA Medigap rates are increasing for some carriers in the next few months. Lock in lower rates now. Prepare for increases on grumpy old personrenewal. Continental Life closing their block. Aetna introducing new, lower rates. New Era Medigap rates increasing slightly. Manhattan Life rates jump.

Click to shop and compare GA Medigap rates now.

GA Medigap rates

 

Aetna GA Medigap rates

History teaches us that when a carrier closes out a line of coverage, or stops issuing new plans, the rates increase. In some cases rate adjustments are slight at first but pick up steam over the next few years.

In 2010 Mutual of Omaha introduced Medigap plan N for the first time. Less than a year later they pulled the plan off the market and began increasing rates at a steady clip. In some years plan N rates increased by double digits. If you bought a Mutual of Omaha plan N in 2010 you probably can no longer afford it.

In 2011 Aetna offered Medicare supplement plans using a Continental Life as a subsidiary issuing carrier. An age 65 female in Macon, Georgia would be expected to pay a non-tobacco rate of $145.

Today that same plan through Continental would be $175.

Aetna Health and Life is currently offering that same Medigap plan F for $126.

GA Medigap rates

 

 

New Era Medigap quotes

New Era is one of those carriers you don’t hear much about. About 40 years old with 10+ years in the Medicare supplement market (including 5 in Georgia), you won’t find their rates on most instant quote engines.

Medicare supplement plan F ratesMost Medicare shoppers looking for instant rates believe they should limit themselves to the “brand name” carriers like Blue Cross, Mutual of Omaha and United Healthcare (co-branded with AARP).

The 2015 edition of Choosing a Medigap Policy tells you on page 9.

All Medigap policies must follow federal and state laws designed
to protect you, and policies must be clearly identified as “Medicare
Supplement Insurance.” Medigap insurance companies in most
states can only sell you a “standardized” Medigap policy identified by
letters A through N. Each standardized Medigap policy must offer
the same basic benefits, no matter which insurance company sells it.
Cost is usually the only difference between Medigap policies with
the same letter sold by different insurance companies.

That’s pretty simple and easy to understand. In other words, what CMS is saying is this.

When you pay more for a Medigap plan you don’t get more, you simply paid too much.

We have been using New Era consistently for  years and will gladly share their rates with prospective clients. The recent 3% increase in GA Medigap rates is the lowest we have seen for any carrier in the last 5 years.

Georgia Medigap plans & Prices

Georgia Medigap plans & Prices

 

Manhattan Life Medicare supplement rates

Manhattan Life is a 100+ year old company with a storied past but they are new to the Medigap business. They entered the GA market a little over a year ago and took off like a bandit. Their plan F rates were among the lowest in the state at younger ages and in certain zip codes.

Our 65 year old female in Macon could buy Medigap plan F from Manhattan for as little as $115 when household discounts are applied.

In May of this year Manhattan Life Medigap rates for plan F will increase by 9%. In some situations those rates are still competitive but you need to take into account we have not seen that kind of rate increase from anyone (other than Continental) in almost 2 years.

 

GA Medigap rates, last 5 years

The last few years have been interesting times.

Aetna bought Continental, dropped their rates significantly, and suddenly started writing new business.affordable medigap plans

The Duck (AFLAC) entered the Medigap market for the second or third time in 2012 and then disappeared in 2013. If you bought an AFLAC policy then and didn’t change to another carrier when you could you are probably paying too much now.

In the early part of 2010 Mutual of Omaha was issuing Medigap plans in Georgia under the United World umbrella. That came to an end in the summer of 2010 when they introduced United of Omaha with “new lower rates” (but only for new applicants). In October of 2013 Omaha Insurance Company was rolled out with “new lower rates”.

At the end of 2012 Blue Cross of Georgia withdrew plans G and Hi F. In January, 2014 they changed their rating structure and started charging more for males vs. females  and added a higher rate for tobacco users. It didn’t help since they are still not competitive.

If you bought one of these Medicare supplement plans and can qualify for new coverage, you probably should check your rates. We just save Ted in Clermont, GA over $100 per month by switching him off his old, old Mutual of Omaha plan F.

Shop and compare GA Medigap rates now.

Your information is never sold

 

#GAMedigapQuotes #AetnaMedicareSupplementRates #NewEraMedigap #ManhattanLifeMedigap

Medicare Supplement Rate Changes February 2014

Medicare supplement rate changes report for February, 2014. Which carriers are increasing rates? Which ones are lowering rates?

View report here.

 

 

Medicare supplement rate changes

Bob Vineyard - Georgia Medicare PlansGeorgia Medicare carriers are changing rates too. Some, like New Era, are increasing rates slightly. Other carriers, notably Aetna, recently increased rates for Continental Life (an Aetna subsidiary) right before closing out that block. At the same time they introduced Aetna Health and Life with lower rates.

I am a baby boomer, born in 1950. In September of 2014 I will join you on Medicare. With all the options available, which one is right for you? While I will share with you my choice the bottom line is the plan you pick needs to be right for you.

Shop and compare rates now.

Your information is never sold! 

 

Shop and compare GA Medigap quotes

Georgia Medicare plans specializes in Medicare supplement coverage and Medicare Part D. On average, our clients save over $450 per year when they follow our advice for Medigap coverage and more than $1,000 on Part D plans.AP20C7

We can’t guarantee that much savings for you but we will work to find a plan that fits YOUR needs and budget.

With more than 170 different Medigap plans in Georgia, how do you find the right one?

We can help.

Searching online more often than not results in your phone ringing off the hook. With MOST sites (but not with ours) your data is sold to a dozen or more agents that will call and call in hopes of getting you to buy anything.

Attending seminars with bitter coffee and stale cookies is no fun either. These meetings are usually boring and designed to get you to commit to an in home sales visit. Anytime you invite a sales person into your home you can expect a lot of pressure to buy on the spot.

Who wants to do that?

We will call, but only once.

We ask questions, then listen.

Our goal is to educate you on your options, then help you find a plan that fits your needs and budget.

Medicare supplement rates change from year to year, some more than others. Shop and compare now.

Georgia Medigap plans & Prices

Georgia Medigap plans & Prices

 

New Era Medicare Supplement Rate Increase

New Era Medicare supplement rates are changing, but not by much. Since 2011 New Era Medigap rates in Georgia have increased less than any other carrier. Georgia Medicare Plans has complete confidence in New Era and consider them a New Era Medigap rates2preferred carrier for our Medigap clients.

Retirees turning 65 can easily become confused with all the options. Medicare Advantage or original Medicare plus a supplement plan?

Your zip code may offer as few as 4 Advantage plans or up to a dozen. With more than 170 Medicare supplement plans state wide your head is probably spinning.

medicareshopcompare2 (1)

How do you find the right plan that fits your needs and budget?

 

Medigap or Medicare Advantage?

Which plan is best for you?

It depends. Each approach to funding your out of pocket medical needs is unique. What works for Joe may not be good for Mary, and vice versa.

Medicare Advantage plans have moving parts (deductibles, copay’s, out of network penalties, etc.).  The lower premium can be attractive but trying to budget for out of pocket expenses which can run as high as $6700 for network approved charges is a challenge.

Medigap (also known as Medicare supplement) is easy to understand. There are no doctor or hospital networks, you can use your plan anywhere in the state of Georgia or across the country without worry. With most Medigap plans your out of pocket is less than $500 per year, even if you use your plan a lot.

Over 80% of our clients chose a Medicare supplement plan from New Era and have never regretted that decision.

New Era Medigap rates are not available online but we are happy to provide you with a quote via email.

 

Choosing a Medigap plan

CMS (Center for Medicare Services) makes it easy for Georgia retirees to choose a Medigap plan. The 2015 edition of Choosing a Medigap Plan is just a click away. This 50 page booklet explains the difference in Medicare Advantage vs. original Medicare and a Medicare supplement plan. Page 9 of the publication contains the following statement. 2015 choosing medigap policy

Each standardized Medigap policy must offer the same basic benefits, no matter which insurance company sells it. Cost is usually the only difference between Medigap policies with the same letter sold by different insurance companies.

If all plans with the same letter are identical in every way why not just find the plan with the lowest rate and buy it?

That theory used to work, for a while. As more carriers entered the market they jockeyed to gain market share by undercutting the premiums of other, established carriers. New carriers enter with low “teaser” rates then exit the market (like AFLAC) or they swap out an old carrier (such as United World with United of Omaha). When the swap occurs older (loyal) policyholders are stuck with paying higher rates to subsidize the lower rates offered to new policyholders.

Musical chairs was a fun game when we were kids but not so much when the music stops and you get left out of the circle because you are unable to qualify for a new, lower priced plan due to your health.

 

New Era rate increase

New Era has announced a rate increase for 2015. The new rates apply to plans with an April, 2015 effective date or later. It is not too late to save money by applying now.

Let us know how we can help.

Georgia Medigap plans & Prices

Georgia Medigap plans & Prices