Physicians Mutual Medicare Supplements Offered in South Dakota
This page contains editorial content that is not endorsed or approved by Physicians Mutual Insurance Company[2]. This is not a solicitation of insurance.
| MedicareWire Rating: | |
|---|---|
| A.M. Best Rating: | A |
| A.M. Best Outlook: | Stable |
| S&P Rating: | n/a |
| Established: | 1978 |
| NAIC Number: | 80578 |
| Policy Fee: | None |
What Medigap Policies Does Physicians Mutual Sell in South Dakota?
Physicians Mutual Insurance Company offers 5 of the standardized Medigap policies in South Dakota. 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:
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.
Physicians Mutual Medigap Plan Benefits Comparison Chart
The table below outlines the coverage of each Physicians Mutual Medicare Supplement:
REVIEW: Physicians Mutual Medicare Supplements in South Dakota
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 SupplementsMedicare Supplements are additional insurance policies that Medicare beneficiaries can purchase to cover the gaps in their Original Medicare (Medicare Part A and Medicare Part B) health insurance coverage. 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 South Dakota. See the top 10 competition.
Here are the pros and cons from our analysis:
Pros
- Excellent financial strength.
- Over 25 years in the Medicare Supplements business.
- No charge for writing the policy.
Cons
- Uncompetitive Plan F premium.
- Does not offer Medicare SELECTMedicare SELECT is a type of Medigap policy (Medicare supplement plan) that requires its members to get their primary care from a contracted provider. plans.
- Does not offer the 5 most popular plans.
About This Review
We reviewed Physicians Mutual's Medicare supplement plan offering in South Dakota 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 premiumsA premium is an amount that an insurance policyholder must pay for coverage. Premiums are typically paid on a monthly basis. In the federal Medicare program, there are four different types of 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.
Physicians Mutual Medigap Plan F vs. Competition
Medigap Plan F is the best selling plan sold in South Dakota. Below you can compare Physicians Mutual's starting rate on Plan F vs. their top ten competitors.
Contact Physicians Mutual 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
Physicians Mutual supplemental Medicare insurance policies are available to all Medicare beneficiaries in South Dakota at age 65. You must be enrolled in both Medicare Parts A and B.
If you are within your first six months of Medicare enrollment, you have guaranteed issue rightsGuaranteed-issue is a right granted to Medicare beneficiaries and applies to Medicare Supplement insurance (aka, Medigap plans). All states and the federal government enforce this essential right, which protects Medicare beneficiaries from medical underwriting. and cannot be turned down. Physicians Mutual is required to issue the Medicare Supplement policy of your choice. So long as you make no material misrepresentations and pay your premiums, your policy cannot be canceled.
Before choosing a Medicare Supplement carrier, be sure to get the Physicians Mutual Medigap rate increase history in South Dakota. The lowest rate now may not be the lowest rate in the future.
Availability
Physicians Mutual services Medicare supplement insurance in Sioux Falls, Rapid City, Aberdeen, Brookings, Watertown, and most other South Dakota 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 Physicians Mutual Medigap plans in South Dakota with the best Medicare supplements available. Read our review. Get a free quote. Did we succeed?
The Medicare Supplement information on this page originates from CMS Data Files, is maintained by David Bynon, and was last updated on .