On this page we help consumers: Compare Liberty Bankers Life Medicare Supplement Plans in South Dakota with competing Medigap plans. Shop lowest prices on Medicare Plan F, G, N and more. Read our 5-star review of Liberty Bankers Life vs. Top Ten Competition.
What Medicare Supplements does Liberty Bankers Life offer in South Dakota?
Liberty Bankers Life Insurance Company offers 4 different South Dakota Medigap Plans. Each plan covers the gaps in Original Medicare differently (see Comparison Chart or check out our Review). Here's what Liberty Bankers 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.
Liberty Bankers Life Medigap Plan Comparison Chart
The following Medicare Supplement Plans Comparison Chart shows what each Liberty Bankers Life Medigap plan covers:
REVIEW: Liberty Bankers Life Medicare Supplements in South Dakota
Liberty Bankers Life scored 3.5 out of 5.0 based on our scoring method. Although they have less than 10 years experience servicing Medicare Supplements, Liberty Bankers Life has a top 10 Plan F premium and a strong financial rating from A.M. Best. They might be relatively new in the business, but they are financially strong and have good rates, so we feel they are one of the better options for South Dakota seniors. See the top 10 competition.
Here are the pros and cons from our analysis:
- Highly competitive Plan F premium.
- Good financial strength.
- Fewer than 5 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.
We reviewed Liberty Bankers Life's Medigap plan offering in South Dakota 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 did not take into account rate increase history.
Competition vs. Liberty Bankers Life Plan F
Plan F is the most popular plan sold by Liberty Bankers Life in South Dakota. The table below gives you an idea of rates by the top ten vs. Liberty Bankers Life.
Contact Liberty Bankers Life Medigap Sales
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. You can learn more about Medigap on the Wikipedia page and on WebMD.
Compare Plan Rates
The average South Dakota senior compares three or more quotes before making an enrollment decision.
Liberty Bankers Life Medicare Supplements are available to all South Dakota beneficiaries, ages 65 and older, who are enrolled in Medicare Part B. If you are just turning age 65, you have guaranteed issue rights and cannot be turned down by Liberty Bankers Life. 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.
Liberty Bankers Life services Medicare supplement insurance in Sioux Falls, Rapid City, Aberdeen, Brookings, Watertown, and most other South Dakota cities. Visit the Liberty Bankers Life Medicare page for more information.
About this Review
This page presents an independent review of Liberty Bankers Life as a Medicare Supplement insurance carrier in South Dakota as compared to all other carriers. MedicareWire provides this information for consumer educational purposes. Our goal is to present information accurately and without bias, based on our interpretation of factual information about each carrier.
Medicare Supplement insurance, also known as Medigap insurance, must follow federal and state laws and does not work with any other type of health insurance, including Medicare Advantage Plans, employer/union group health coverage, Medicaid, Veterans Administration (VA) benefits, or TRICARE. Insurance companies, including Liberty Bankers Life, can only sell you a standardized Medigap policy identified by letters A through M. Each standardized policy must offer the same benefits, no matter which insurance company sells it. Cost is the primary difference between Medigap policies sold by different insurance companies.
Additional Information About Medicare Supplements
- Medicare Advantage vs. Supplement: Which is Better?
- Compare Medicare Supplement Plans with no Premiums
- Guaranteed Issue Medicare Supplement
- Do I Really Need Supplemental Insurance with Medicare?
- How to Choose a Medicare Supplement Plan
Additional Foot Notes
 Sample premium is for a 65 year old, non smoking, woman living in South Dakota. The rate was accurate on date of publication. Rates change frequently and they are priced by county. You must contact a licensed agent to get a current rate for your situation.
 Review rating stars are derived from MedicareWire reviews on our South Dakota Medigap Plan Reviews page. Visitors can go to our main directory page to compare Medicare supplement plans in other states.