Transamerica Medicare Supplement Plans, Maine
What Medigap Policies Does Transamerica Sell in Maine?
Transamerica Life Insurance Company sells 10 Medicare supplements in Maine. Each lettered plan pays Medicare benefits differently (see comparison chart or check out our review). Here they are at a glance:
Community Rated Medigap Plans: When a plan is "Community Rated" the community will all be charged the same monthly premium if enrolled in the same plan. As an example, if you enroll at age 65 or 72 you would be charged the same amount. Premiums will increase, but your age will not be a factor.
Call 1-855-728-0510 (TTY 711) for plan assistance.
If you qualify for Medicare and don't know where to start, MedicareEnrollment.com, an independent HealthCompare insurance broker, has licensed agents who can help you with your Medicare enrollment options.
The following table shows what each Transamerica Medigap plan covers:
REVIEW: Transamerica Medicare Supplements in Maine
Transamerica scored 4.5 out of 5.0 based on our scoring method. With a top 10 Plan F premium, more than 10 years in the Medicare Supplements business, and a strong financial rating from A.M. Best, we have confidence in Transamerica. Plus, they do not charge a policy fee. These are just a few reasons we recommend this carrier to seniors in Maine. See the top 10 competition.
Here are the pros and cons from our analysis:
Pros
- The lowest Plan F premium.
- Superior financial strength.
- More than 10 years in the Medicare Supplements business.
- Offers the 5 most popular plans.
- No charge for writing the policy.
Cons
- Does not offer Medicare SELECT plans.
About This Review
We reviewed Transamerica's Medicare supplement plan offering in Maine versus all other insurance carriers in the state. Our review is unbiased. We use a formula that looks at years in business, A.M. Best financial strength rating, plans serviced, plan premiums and fees. We do not take into account rate increase history. Our goal is to present information accurately and without bias, based on our interpretation of factual information about each carrier.
Transamerica Medigap Plan F vs. Competition
Medicare Supplement F is the most popular plan sold in Maine. The following table shows how Transamerica stacks up with the competition.
Contact Transamerica Medigap Sales
For more information about this Medicare Supplement carrier, and other plans on this site, call 1-855-728-0510 (TTY 711). You may also start your Medicare Supplement enrollment online. You can contact the plan directly at:
For assistance 24 hours a day, call 800-633-4227. TTY users should call 877-486-2048 or visit www.medicare.gov. If you qualify for Medicare but have not yet enrolled or verified your enrollment status, you can do so on the Social Security Administration website.
Eligibility
Transamerica Medigap plans are available to all Maine Medicare beneficiaries, ages 65 and older, who have enrolled in Medicare Part A and Medicare Part B.
If you are just turning age 65, you have guaranteed issue rights and cannot be turned down by Transamerica. Once issued, your Medicare Supplement policy can't be canceled. And, it will automatically renew for as long as you continue to pay the premiums and make no material misrepresentations.
Before choosing a Medicare Supplement carrier, be sure to get the Transamerica Medigap rate increase history in Maine. The lowest rate now may not be the lowest rate in the future.
Availability
Transamerica services Medicare supplement insurance in Portland, Lewiston, Bangor, South Portland, Auburn, Biddeford, Sanford, and most other Maine cities.
Related Medicare Supplement Insurance Topics
- Do I really Need Supplemental Insurance with Medicare??
- Is Medicare Plan G Better Than Plan F?
- What is the Average Cost of Supplemental Insurance for Seniors?
On this page our goal is to help consumers: Compare Transamerica Medigap plans in Maine with the best Medicare supplements available. Read our review. Get a free quote. Did we succeed?