Gerber Life Medicare Supplement Plans, Virginia
This page contains editorial content that is not endorsed or approved by Gerber Life Insurance Company[2]. This is not a solicitation of insurance.
| MedicareWire Rating: | |
|---|---|
| A.M. Best Rating: | A |
| A.M. Best Outlook: | Stable |
| S&P Rating: | BBB |
| Established: | 2009 |
| NAIC Number: | 70939 |
| Policy Fee: | $25.00 |
Which Supplemental Medicare Plans Does Gerber Life Offer in Virginia?
Gerber Life Insurance Company offers 3 different Medigap plans in Virginia . Each plan covers the gaps in Original Medicare differently (see comparison chart or check out our review). Here's what Gerber Life 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.
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.
Gerber Life Medigap Plan Benefits Comparison Chart
The table below outlines the coverage of each Gerber Life Medicare Supplement:
REVIEW: Gerber Life Medicare Supplements in Virginia
Gerber Life scored 3.0 out of 5.0 based on our scoring method. Although their Plan F is not in the top 10 best rates, Gerber Life has been servicing Medicare Supplements for over 10 years and has a good financial rating from A.M. Best. Another slight negative is their $25.00 policy fee. This is a good carrier, but there are other good Medigap carriers with lower rates in Virginia. See the top 10 competition.
Here are the pros and cons from our analysis:
Pros
- Excellent financial strength.
- More than 10 years in the Medicare Supplements business.
Cons
- Uncompetitive Plan F premium.
- 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 Gerber Life's Medicare supplement plan offering in Virginia 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.
Gerber Life Medicare Supplement Plan F Compared to Top Ten
Plan F is the most popular plan sold by Gerber Life in Virginia. The table below gives you an idea of rates by the top ten vs. Gerber Life.
Contact Gerber Life 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
Gerber Life Medicare Supplements are available to all Virginia beneficiaries, ages 65 and older, who have enrolled in both Medicare Part A and Part B.
If you are just turning age 65, you have guaranteed issue rights and cannot be turned down by Gerber Life. 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.
Availability
Gerber Life services Medicare supplement insurance in Virginia Beach, Norfolk, Chesapeake, Richmond, Newport News, Alexandria, Hampton, Roanoke, Portsmouth, Suffolk, Lynchburg, Harrisonburg, Charlottesville, Danville, Manassas, and most other Virginia 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 Gerber Life Medigap plans in Virginia with the best Medicare supplements available. Read our review. Get a free quote. Did we succeed?