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Texas
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Bankers Fidelity

Bankers Fidelity Medigap Plans in Texas

On this page we help consumers learn more about Medicare Supplements sold by Bankers Fidelity in the state of Texas. Call call 1-855-728-0510 (TTY 711) for plan assistance.
Bankers Fidelity Medigap Plans in Texas

This page contains editorial content that is not endorsed or approved by Bankers Fidelity Life Insurance Co[2]. This is not a solicitation of insurance.


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Contact the Plan
MedicareWireMedicareWire is a Medicare insurance consulting agency. We founded MedicareWire after seeing and hearing how confusing and frustrating it is to find, understand, and choose a plan. Our services are free to the consumer. Rating:
☆☆☆☆☆
A.M. Best Rating:A-
A.M. Best Outlook:Stable
S&P Rating:n/a
Established:1983
NAIC Number:61239
Policy Fee:$25.00

What Medicare Supplement Insurance does Bankers Fidelity offer in Texas?

Bankers Fidelity Life Insurance Co sells 6 Medicare supplements in Texas. Each lettered plan pays Medicare benefits differently (see comparison chart or check out our review). Here they are at a glance:

Plans Offered by Bankers Fidelity

Plan TypePremium[3]Rating TypeEffective
Medigap Plan A$159.41Issue AgeJanuary 01, 2018
Medigap Plan F$120.01Attained AgeJanuary 01, 2018
Medigap Plan F (HD)$30.86Attained AgeJanuary 01, 2018
Medigap Plan G$138.33Attained AgeJanuary 01, 2018
Medigap Plan K$67.00Attained AgeJanuary 01, 2018
Medigap Plan N$85.09Attained AgeJanuary 01, 2018

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.

If you need a Medicare Supplement but don't know where to start, we have licensed Medicare insurance agents[1] available at 1-855-728-0510 (TTY 711) who can answer your questions and help you get the best plan for your needs. No obligation.

Bankers Fidelity Medigap Plan Benefits Comparison Chart

The following table shows what each Bankers Fidelity Medigap plan covers:

Medigap Plan Benefits

BenefitsAFGF (HD)KN
Part A DeductibleNoYesYesYes50%Yes
Part A CoinsuranceYesYesYesYesYesYes
SNF CoinsuranceNoYesYesYes50%Yes
Part B DeductibleNoYesNoYesNoNo
Part B CoinsuranceYesYesYesYes50%Yes
Excess ChargesNoYesYesYesNoNo
Foriegn TravelNo80%80%80%No80%
Out-of-Pocket LimitsNoNoNoNo$5,880No

REVIEW: Bankers Fidelity Medicare Supplements in Texas

Bankers Fidelity scored 4.0 out of 5.0 based on our scoring method. With a top 10 Plan F premium, more than 10 years in the Medicare SupplementsMedicare Supplements are additional insurance policies that Medicare beneficiaries can purchase to cover the gaps in their Original Medicare (Medicare Part A and Medicare Part B) health insurance coverage. business, and a strong financial rating from A.M. Best, we have confidence in Bankers Fidelity. These are just a few reasons we recommend this carrier to seniors in Texas. See the top 10 competition.

Here are the pros and cons from our analysis:

Pros

  • Highly competitive Plan F premium.
  • Excellent financial strength.
  • Over 25 years in the Medicare Supplements business.

Cons

  • Does not offer Medicare SELECTMedicare SELECT is a type of Medigap policy (Medicare supplement plan) that requires its members to get their primary care from a contracted provider. plans.
  • Does not offer the 5 most popular plans.
  • Charges a fee to write the policy.

About This Review

We reviewed Bankers Fidelity's Medicare supplement plan offering in Texas 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 premiumsA premium is an amount that an insurance policyholder must pay for coverage. Premiums are typically paid on a monthly basis. In the federal Medicare program, there are four different types of 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.

Competition vs. Bankers Fidelity Plan F

Medicare Supplement F is the most popular plan sold in Texas. The following table shows how Bankers Fidelity stacks up with the competition.

Compare Plan F Base Rates

CarrierPremium[3]FeeReview[4]
Bankers Fidelity$120.01$25.00
☆☆☆☆☆
S.USA Life Insurance$118.82$25.00
☆☆☆☆☆
Guarantee Trust Life$119.60$25.00
☆☆☆☆☆
Philadelphia American$119.98$20.00
☆☆☆☆☆
Unified Life$120.01$25.00
☆☆☆☆☆
Equitable National$120.28$20.00
☆☆☆☆☆
Cigna$120.94None
☆☆☆☆☆
Puritan Life$121.27$25.00
☆☆☆☆☆
Shenandoah Life$122.95$25.00
☆☆☆☆☆
Everest$123.67$25.00
☆☆☆☆☆
Western United Life$123.83$25.00
☆☆☆☆☆

Contact Bankers Fidelity 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:

Sales:866-458-7504
Website:https://bankersfidelity.com/
Address:4370 Peachtree Road NE, Atlanta, GA 30319

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

Bankers Fidelity Medicare Supplements are available to all Texas beneficiaries, ages 65 and older, who are enrolled in Medicare Part BMedicare Part B is medical coverage for people with Original Medicare benefits. It covers doctor visits, preventative care, tests, durable medical equipment, and supplies. Medicare Part B pays 80 percent of most medically necessary healthcare services.. If you are just turning age 65, you have guaranteed issue rightsGuaranteed-issue is a right granted to Medicare beneficiaries and applies to Medicare Supplement insurance (aka, Medigap plans). All states and the federal government enforce this essential right, which protects Medicare beneficiaries from medical underwriting. and cannot be turned down by Bankers Fidelity. 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

Bankers Fidelity services Medicare supplement insurance in Houston, San Antonio, Dallas, Austin, Fort Worth, El Paso, Arlington, Corpus Christi, Plano, Laredo, Lubbock, Garland, Irving, Amarillo, Grand Prairie, Brownsville, Pasadena, McKinney, Mesquite, McAllen, Killeen, Frisco, Waco, Carrollton, Denton, Midland, Abilene, Beaumont, Round Rock, Odessa, Wichita Falls, Tyler, Richardson, Lewisville, and most other Texas 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 Bankers Fidelity Medigap plans in Texas with the best Medicare supplements available. Read our review. Get a free quote. Did we succeed?

The Medicare Supplement information on this page originates from CMS Data Files, is maintained by David Bynon, and was last updated on March 13, 2022.

[1] Licensed Sales Agent

Licensed sales agent (“advisor”) services are provided by HealthCompare Insurance Services, Inc., MedicareWire’s trusted partner. Online enrollment service provided through MedicareEnrollment.com, a HealthCompare affiliate. Read our full sales agent disclosure.

[2] Trademark Notice

MedicareWire uses legal U.S. trademarks to identify and describe Medicare and other insurance products for shoppers. See our full trademark use disclosure.

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Get a FREE Medigap Rate Analysis... and Save!


We'll save you money with a FREE Medicare Supplement insurance rate analysis!

The only way to know if you are getting the best deal on your Medicare Supplement insurance is to see all rates from all insurance carriers. That's what we'll send you when you fill out the form below. We won't spam you, call you, or sell your information. That's a promise!

Complete this form and we'll email your free report in 1 business day or less.

  • This field is for validation purposes and should be left unchanged.