Which Medicare Supplement Plans does Equitable Life sell in Alabama?
Equitable Life & Casualty Insurance Company writes 4 of the standardized Alabama Medicare supplemental insurance plans. Each Medigap plan offers a different range of coverage (see Comparison Chart or check out our Review). Here's a quick look at Equitable Life's offering:
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 Benefits Comparison Chart
The following table shows the coverage benefits you get with of each Medicare supplemental plan offered by Equitable Life:
REVIEW: Equitable Life Medicare Supplements in Alabama
Equitable Life scored 3.0 out of 5.0 based on our scoring method. See the top 10 competition.
Here are the pros and cons from our analysis:
- Over 25 years in the Medicare Supplements business.
- Uncompetitive Plan F premium.
- Fair financial strength.
- 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 Equitable Life'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.