GPM Health and Life Medicare Supplement Plans, Arkansas
This page contains editorial content that is not endorsed or approved by Government Personnel Mutual Life Insurance Company (GPM)[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: | 2010 |
| NAIC Number: | 63967 |
| Policy Fee: | $25.00 |
Which Supplemental Medicare Plans Does GPM Health and Life Offer in Arkansas?
Government Personnel Mutual Life Insurance Company (GPM) offers 5 different Medigap plans in Arkansas . Each plan covers the gaps in Original Medicare differently (see comparison chart or check out our review). Here's what GPM Health and Life offers:
Community Rated Medigap Plans: When a plan is "Community Rated" the community will all be charged the same monthly premium if enrolled in the same plan. As an example, if you enroll at age 65 or 72 you would be charged the same amount. Premiums will increase, but your age will not be a factor.
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.
The table below outlines the coverage of each GPM Health and Life Medicare Supplement:
REVIEW: GPM Health and Life Medicare Supplements in Arkansas
GPM Health and 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, GPM Health and 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 Arkansas. See the top 10 competition.
Here are the pros and cons from our analysis:
Pros
- Excellent financial strength.
Cons
- Uncompetitive Plan F premium.
- 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 GPM Health and Life's Medicare supplement plan offering in Arkansas 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.
GPM Health and Life Medigap Plan F vs. Competition
Medicare Supplement F is the most popular plan sold in Arkansas. The following table shows how GPM Health and Life stacks up with the competition.
Contact GPM Health and 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
GPM Health and Life supplemental Medicare insurance policies are available to all Medicare beneficiaries in Arkansas at age 65. You must be enrolled in both Medicare Parts A and B.
If you are just turning age 65, you have guaranteed issue rights and cannot be turned down by GPM Health and 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.
Before choosing a Medicare Supplement carrier, be sure to get the GPM Health and Life Medigap rate increase history in Arkansas. The lowest rate now may not be the lowest rate in the future.
Availability
GPM Health and Life services Medicare supplement insurance in Little Rock, Fort Smith, Fayetteville, Springdale, Jonesboro, Rogers, Pine Bluff, Conway, and most other Arkansas 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 GPM Health and Life Medigap plans in Arkansas with the best Medicare supplements available. Read our review. Get a free quote. Did we succeed?