Aetna Medicare Supplement Plans in Alabama
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| MedicareWire Rating: | |
|---|---|
| A.M. Best Rating: | A |
| A.M. Best Outlook: | Under Review - Negative |
| S&P Rating: | AA- |
| Established: | 2013 |
| NAIC Number: | 78700 |
| Policy Fee: | $20.00 |
What Medicare Supplements does Aetna offer in Alabama?
Aetna Health and Life Insurance Co offers 6 different Alabama Medigap Plans. Each plan covers the gaps in Original Medicare differently (see Comparison Chart or check out our Review). Here's what Aetna offers:
Attained Age Rated Medigap Plans: With this plan rating type your monthly premium is based on your current age. As you age your premium will increase. As an example, if you enroll in a Medigap policy at age 65 with a premium of $120, it may increase to $138 when you turn 69, and $162 at age 72. Also, Attained Age rated plans may increase with inflation.
Aetna Medicare Supplement Benefits Comparison Chart
The table below outlines the coverage of each Aetna Medicare Supplement:
Medigap Plan Benefits
| Benefits | A | B | F | G | F (HD) | N |
|---|---|---|---|---|---|---|
 Part A Deductible | No | Yes | Yes | Yes | Yes | Yes |
| Part A Co-insurance | Yes | Yes | Yes | Yes | Yes | Yes |
| SNF Co-insurance | No | No | Yes | Yes | Yes | Yes |
| Part B Deductible | No | No | Yes | No | Yes | No |
| Part B Co-insurance | Yes | Yes | Yes | Yes | Yes | Yes |
| Excess Charges | No | No | Yes | Yes | Yes | No |
| Foriegn Travel | No | No | 80% | 80% | 80% | 80% |
| Out-of-Pocket Limits | No | No | No | No | No | No |
REVIEW: Aetna Medicare Supplements in Alabama
Aetna scored 3.5 out of 5.0 based on our scoring method. Although they have less than 10 years experience servicing Medicare Supplements, Aetna has a top 10 Plan F premium and a strong financial rating from A.M. Best. They might be relatively new in the business, but they are financially strong and have good rates, so we feel they are one of the better options for Alabama seniors. See the top 10 competition.
Here are the pros and cons from our analysis:
Pros
- Competitive Plan F premium.
- Excellent financial strength.
Cons
- Less than 10 years in the Medicare Supplements business.
- Does not offer Medicare SELECT plans.
- Does not offer the 5 most popular plans.
- Charges a fee to write the policy.
About This Review
We reviewed Aetna's Medigap plan offering in Alabama versus all other 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.