American Retirement Life Medicare Supplement Plans Alabama
On this page we help consumers: Compare American Retirement Life Medicare Supplement Plans in Alabama with competing Medigap plans. Shop lowest prices on Medicare Plan F, G, N and more. Read our 5-star review of American Retirement Life vs. Top Ten Competition.
MedicareWire Rating:  |  |
|---|---|
| A.M. Best Rating: | A- |
| A.M. Best Outlook: | Stable |
| S&P Rating: | n/a |
| Established: | 2013 |
| NAIC Number: | 88366 |
| Policy Fee: | $20.00 |
What Medigap plans does American Retirement Life offer in Alabama?
American Retirement Life Insurance Co (a Cigna company) offers 4 different Medicare Supplement Plans in Alabama. Each lettered plan pays Medicare benefits differently (see Comparison Chart or check out our Review). Here they are at a glance:
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.
Plan Comparison Chart
The following table shows the coverage benefits you get with of each Medicare supplemental plan offered by American Retirement Life:
| Medigap Plans Offered in Alabama | ||||
|---|---|---|---|---|
| Benefits | A | F | G | N |
| Part A Deductible | No | Yes | Yes | Yes |
| Part A Co-insurance | Yes | Yes | Yes | Yes |
| SNF Co-insurance | No | Yes | Yes | Yes |
| Part B Deductible | No | Yes | No | No |
| Part B Co-insurance | Yes | Yes | Yes | Yes |
| Excess Charges | No | Yes | Yes | No |
| Foriegn Travel | No | 80% | 80% | 80% |
| Out-of-Pocket Limits | No | No | No | No |
REVIEW: American Retirement Life Medicare Supplements in Alabama
American Retirement Life scored 3.0 out of 5.0 based on our scoring method. American Retirement Life has a good financial rating from A.M. Best, but their Plan F is not in the top 10 best rates and they have less than 10 years experience servicing Medicare Supplements. Plus, they ding you with a $20.00 policy fee. We are confident in their financial strength, but feel there are better options in Alabama. See the top 10 competition.
Here are the pros and cons from our analysis:
Pros
- Excellent financial strength.
Cons
- Uncompetitive Plan F premium.
- Fewer than 5 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.
We reviewed American Retirement Life's Medigap plan offering in Alabama versus all other carriers in the state. Our review is unbias. We use a formula that looks at years in business, A.M. Best financial strength rating, plans serviced, plan premiums and fees. We did not take into account rate increase history.
American Retirement Life Medicare Supplement Plan F Compared to Top Ten
Medigap Plan F is the best selling plan sold in Alabama. Below you can compare American Retirement Life's starting rate on Plan F vs. their top ten competitors.
| Carrier | Premium[3] | Fee | Review[4] |
|---|---|---|---|
| American Retirement Life | $165.19 | $20.00 | |
| Pekin Insurance | $122.21 | $25.00 |  |
| State Mutual Insurance | $123.71 | $25.00 |  |
| S.USA Life Insurance | $124.16 | $25.00 | |
| Thrivent | $124.73 | $25.00 | |
| Cigna | $125.48 | None | |
| Aetna | $126.37 | $20.00 |  |
| AARP | $127.21 | None | |
| Bankers Fidelity | $127.36 | $25.00 | |
| New Era Life | $128.93 | $20.00 | |
| Everest | $129.26 | $25.00 | |
Contact American Retirement Life Medigap Sales
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. You can learn more about Medigap on the Wikipedia page and on WebMD.
Compare Plan Rates
The average Alabama senior compares three or more quotes before making an enrollment decision.
Eligibility
American Retirement Life Medicare Supplements are available to all Alabama beneficiaries, ages 65 and older, who are enrolled in Medicare Part B. If you are just turning age 65, you have guaranteed issue rights and cannot be turned down by American Retirement Life. Plus, your policy cannot be canceled and it will continue to be renewed as long as you pay the premiums on time and make no material misrepresentations.
Availability
American Retirement Life services Medicare supplement insurance in Birmingham, Auburn, Decatur, Dothan, Huntsville, Mobile, Montgomery, Tuscaloosa, and most other Alabama cities. Visit the American Retirement Life Medicare page for more information.
About this Review
This page presents an independent review of American Retirement Life as a Medicare Supplement insurance carrier in Alabama as compared to all other carriers. MedicareWire provides this information for consumer educational purposes. Our goal is to present information accurately and without bias, based on our interpretation of factual information about each carrier.
Medicare Supplement insurance, also known as Medigap insurance, must follow federal and state laws and does not work with any other type of health insurance, including Medicare Advantage Plans, employer/union group health coverage, Medicaid, Veterans Administration (VA) benefits, or TRICARE. Insurance companies, including American Retirement Life, can only sell you a standardized Medigap policy identified by letters A through M. Each standardized policy must offer the same benefits, no matter which insurance company sells it. Cost is the primary difference between Medigap policies sold by different insurance companies.
Additional Foot Notes
[3] Sample premium is for a 65 year old, non smoking, woman living in Alabama. The rate was accurate on date of publication. Rates change frequently and they are priced by county. You must contact a licensed agent to get a current rate for your situation.
[4] Review rating stars are derived from MedicareWire reviews on our Alabama Medigap Plan Reviews page. Visitors can go to our main directory page to compare Medicare supplement plans in other states.
The Medicare Supplement information on this page originates from CMS Data Files, is maintained by David Bynon, and was last updated on .