IAC Medicare Supplement Plans, California
This page contains editorial content that is not endorsed or approved by Individual Assurance Company Life, Health, & Accident[2]. This is not a solicitation of insurance.
| MedicareWire Rating: | |
|---|---|
| A.M. Best Rating: | B+ |
| A.M. Best Outlook: | Stable |
| S&P Rating: | n/a |
| Established: | 2014 |
| NAIC Number: | 81779 |
| Policy Fee: | $25.00 |
What Medigap Policies Does IAC Sell in California?
Individual Assurance Company Life, Health, & Accident offers 4 different Medigap plans in California . Each plan covers the gaps in Original Medicare differently (see comparison chart or check out our review). Here's what IAC 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.
The following table shows the coverage benefits you get with of each Medicare supplemental plan offered by IAC:
REVIEW: IAC Medicare Supplements in California
IAC scored 3.0 out of 5.0 based on our scoring method. IAC 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 $25.00 policy fee. We are confident in their financial strength, but feel there are better options in California. See the top 10 competition.
Here are the pros and cons from our analysis:
Pros
- Good 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 IAC's Medicare supplement plan offering in California 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.
Competition vs. IAC Plan F
Plan F is the most popular plan sold by IAC in California. The table below gives you an idea of rates by the top ten vs. IAC.
Contact IAC 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
IAC supplemental Medicare insurance policies are available to all Medicare beneficiaries in California 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 IAC. 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
IAC services Medicare supplement insurance in Los Angeles, Long Beach, Anaheim, San Francisco, Oakland, Hayward, Riverside, San Bernardino, Ontario, San Diego, Carlsbad, Chula Vista, Sacramento, Roseville, San Jose, Sunnyvale, Santa Clara, Fresno, Bakersfield, Oxnard, Thousand Oaks, Ventura, Sonoma, Napa, Stockton, Irvine, and most other California 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 IAC Medigap plans in California with the best Medicare supplements available. Read our review. Get a free quote. Did we succeed?