Reserve National Medicare Supplement Plans, Illinois
This page contains editorial content that is not endorsed or approved by Reserve National Insurance Co (a Kemper Life and Health 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: | 1992 |
| NAIC Number: | 68462 |
| Policy Fee: | None |
What Medigap Policies Does Reserve National Sell in Illinois?
Reserve National Insurance Co (a Kemper Life and Health Company) offers 6 of the standardized Medigap policies in Illinois. Each Medigap plan offers a different range of coverage (see comparison chart or check out our review). Here's a quick look at Reserve National'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.
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.
Reserve National Medigap Plan Benefits Comparison Chart
The following table shows what each Reserve National Medigap plan covers:
REVIEW: Reserve National Medicare Supplements in Illinois
Reserve National scored 4.0 out of 5.0 based on our scoring method. Although their Plan F is not in the top 10 best rates, Reserve National 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 Illinois. 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 SELECT plans.
- Does not offer the 5 most popular plans.
About This Review
We reviewed Reserve National's Medicare supplement plan offering in Illinois 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 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.
Reserve National Medicare Supplement Plan F Compared to Top Ten
Medigap Plan F is the best selling plan sold in Illinois. Below you can compare Reserve National's starting rate on Plan F vs. their top ten competitors.
Contact Reserve National 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
Reserve National supplemental Medicare insurance policies are available to all Medicare beneficiaries in Illinois at age 65. You must be enrolled in both Medicare Parts A and B.
If you are just turning age 65, you have guaranteed issue rights and cannot be turned down by Reserve National. Once issued, your Medicare Supplement policy can't be canceled. And, it will automatically renew for as long as you continue to pay the premiums and make no material misrepresentations.
Before choosing a Medicare Supplement carrier, be sure to get the Reserve National Medigap rate increase history in Illinois. The lowest rate now may not be the lowest rate in the future.
Availability
Reserve National services Medicare supplement insurance in Chicago, Naperville, Elgin, Aurora, Rockford, Joliet, Springfield, Peoria, Waukegan, Cicero, and most other Illinois 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 Reserve National Medigap plans in Illinois with the best Medicare supplements available. Read our review. Get a free quote. Did we succeed?