Puritan Life Plans & Review South Dakota Medicare Supplement Plans
MedicareWire Rating:  |  |
|---|---|
| A.M. Best Rating: | n/a |
| A.M. Best Outlook: | - |
| S&P Rating: | n/a |
| Established: | 2007 |
| NAIC Number: | 71390 |
| Policy Fee: | $25.00 |
What Medicare Supplements does Puritan Life offer in South Dakota?
Puritan Life Insurance Company of America offers 4 different Medigap Plans in South Dakota. Each plan covers the gaps in Original Medicare differently (see Comparison Chart or check out our Review). Here's what Puritan 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.
Puritan Life Medicare Supplement Comparison Chart
The table below outlines the coverage of each Puritan Life Medicare Supplement:
| Medigap Plans Offered in South Dakota | ||||
|---|---|---|---|---|
| Benefits | A | F | G | N |
| Part A Deductible | No | Yes | Yes | Yes |
| Part A Co-insurance | Yes | Yes | Yes | Yes |
| SNF Co-insurance | No | Yes | Yes | Yes |
| Part B Deductible | No | Yes | No | No |
| Part B Co-insurance | Yes | Yes | Yes | Yes |
| Excess Charges | No | Yes | Yes | No |
| Foriegn Travel | No | 80% | 80% | 80% |
| Out-of-Pocket Limits | No | No | No | No |
REVIEW: Puritan Life Medicare Supplements in South Dakota
Puritan Life scored 3.0 out of 5.0 based on our scoring method. Puritan Life has a good Plan F rate (top 10), and they have been servicing Medicare Supplements for 11 years, but their A.M. Best financial rating is unknown or not great. Plus, they charge a policy fee. Consequently, we cautiously recommend this carrier to South Dakota seniors. See the top 10 competition.
Here are the pros and cons from our analysis:
Pros
- Competitive Plan F premium.
- More than 10 years in the Medicare Supplements business.
Cons
- Unknown financial strength (no A.M. Best rating).
- Does not offer Medicare SELECT plans.
- Does not offer the 5 most popular plans.
- Charges a fee to write the policy.
We reviewed Puritan Life's Medigap plan offering in South Dakota versus all other carriers in the state. Our review is unbias. 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.
Puritan Life Medigap Plan F vs. Competition
Medicare Supplement F is the most popular plan sold in South Dakota. The following table shows how Puritan Life stacks up with the competition.
| Carrier | Premium | Fee | Review[2] |
|---|---|---|---|
| Puritan Life | $127.19 | $25.00 | |
| Transamerica | $122.99 | None |  |
| Equitable National | $124.54 | $20.00 |  |
| Guarantee Trust Life | $124.68 | $25.00 | |
| Globe Life | $125.00 | None | |
| Liberty Bankers Life | $125.06 | $25.00 | |
| Philadelphia American | $125.42 | $20.00 | |
| Combined Insurance | $126.93 | $25.00 |  |
| Assured Life | $127.24 | $25.00 | |
| Cigna | $128.81 | None | |
| Americo Life | $129.24 | None | |
Compare Plan Rates
The average South Dakota senior compares three or more quotes before making an enrollment decision.
Contact Puritan 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.
Eligibility
Puritan 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 Puritan 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.
Availability
Puritan Life services Medicare supplement insurance in Sioux Falls, Rapid City, Aberdeen, Brookings, Watertown, and most other South Dakota cities. Visit the Puritan Life Medicare page for more information.
Tips and Disclaimers
The Medicare Supplement plan data on MedicareWire comes directly from CMS.gov and private sources and is subject to change. The CMS, the South Dakota State Insurance Commission, and Puritan Life Insurance Company of America has neither reviewed nor endorsed the information on this site.
The benefit information provided on this page is a brief summary only, not a complete description. Limitations and restrictions may apply. For more information contact the insurance carrier directly at https://www.puritanlifeinsurance.com/Medicare-Supplement.
This page presents an independent review of Puritan 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. MedicareWire is not a substitute for legal, health, or financial advice from a licensed professional. On this page we help comsumers:
Compare Puritan Life Medicare Supplement Plans in South Dakota with competing Medigap plans. Shop lowest prices on Medicare Plan F, G, N and more. Guaranteed issue on all Puritan Life Medigap plans when turning age 65. See our 5-star review of Puritan Life Medicare Supplements vs. Top Ten Competition.
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 Puritan 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 only difference between Medigap policies sold by different insurance companies.
Trademarks
The Puritan Life logo and name are legal U.S. trademarks of Puritan Life Insurance Company of America. We make no claim to the marks whatsoever. All trademarks remain the property of their owner, and are used by MedicareWire only to describe products and services offered by the trademark holder. The use of third party trademarks on this site in no way indicates any relationship, connection, association, sponsorship, or affiliation between MedicareWire and Puritan Life. MedicareWire is a comparison and research website that does not offer Medicare insurance products. We use brand names and logos for editorial purposes only, as permitted by U.S. Trademark Fair Use Law and the laws of the Great State of South Dakota.
Foot Notes
[1] 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.
[2] Review rating stars are derived from MedicareWire reviews on our South Dakota Medigap Plan Reviews page.
The Medicare supplement insurance information on MedicareWire is maintained by David Bynon and was last updated on .
