What Medigap plans does Loyal American offer in Maine?
Loyal American Life Insurance Company (by Cigna) offers 4 different Medicare Supplement Plans in Maine. Each lettered plan pays Medicare benefits differently (see Comparison Chart or check out our Review). Here they are at a glance:
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.
Loyal American Medigap Plan Benefits Comparison Chart
The following table shows what each Loyal American Medigap plan covers:
REVIEW: Loyal American Medicare Supplements in Maine
Loyal American scored 3.5 out of 5.0 based on our scoring method. With a top 10 Plan F premium, more than 10 years in the Medicare Supplements business, and a strong financial rating from A.M. Best, we have confidence in Loyal American. These are just a few reasons we recommend this carrier to seniors in Maine. See the top 10 competition.
Here are the pros and cons from our analysis:
- Competitive Plan F premium.
- Excellent financial strength.
- More 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 Loyal American's Medigap plan offering in Maine 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.