On this page we help consumers: Compare Physicians Mutual Medicare Supplement Plans in Colorado with competing Medigap plans. Shop lowest prices on Medicare Plan F, G, N and more. Read our 5-star review of Physicians Mutual vs. Top Ten Competition.
Which Medicare Supplement Plans does Physicians Mutual sell in Colorado?
Physicians Mutual Insurance Company writes 6 of the standardized Colorado Medicare supplemental insurance plans. Each Medigap plan offers a different range of coverage (see Comparison Chart or check out our Review). Here's a quick look at Physicians Mutual's offering:
Issue-Age Rated Medigap Plans: With an Issue Age rated plan your monthly premium is based on your age you're first issued coverage. For instance, if your get your policy at age 65 and your premium is $125, it may remain the same rate until age 72. However, you're age 72 when you enroll, your premium might start at $170, but would not increase based on by your age. Premiums will increase with inflation.
Plan Comparison Chart
The following table shows the coverage benefits you get with of each Medicare supplemental plan offered by Physicians Mutual:
REVIEW: Physicians Mutual Medicare Supplements in Colorado
Physicians Mutual scored 3.5 out of 5.0 based on our scoring method. Although their Plan F is not in the top 10 best rates, Physicians Mutual has been servicing Medicare Supplements for over 10 years and has a good financial rating from A.M. Best. This is a good carrier, but there are other good Medigap carriers with lower rates in Colorado. See the top 10 competition.
Here are the pros and cons from our analysis:
- Excellent financial strength.
- Over 25 years in the Medicare Supplements business.
- No charge for writing the policy.
- Uncompetitive Plan F premium.
- Does not offer Medicare SELECT plans.
- Does not offer the 5 most popular plans.
We reviewed Physicians Mutual's Medigap plan offering in Colorado 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.
Physicians Mutual Medicare Supplement Plan F Compared to Top Ten
Medigap Plan F is the best selling plan sold in Colorado. Below you can compare Physicians Mutual's starting rate on Plan F vs. their top ten competitors.
Contact Physicians Mutual 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 Colorado senior compares three or more quotes before making an enrollment decision.
Physicians Mutual Medicare Supplements are available to all Colorado 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 Physicians Mutual. 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.
About this Review
This page presents an independent review of Physicians Mutual as a Medicare Supplement insurance carrier in Colorado 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 Physicians Mutual, 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 Foot Notes
 Sample premium is for a 65 year old, non smoking, woman living in Colorado. 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 Colorado Medigap Plan Reviews page. Visitors can go to our main directory page to compare Medicare supplement plans in other states.