Sentinel Security Life Medigap Plans Colorado Medicare Supplement Review
On this page we help consumers: Compare Sentinel Security Life Medicare Supplements in Colorado with competing Medigap plans. Shop lowest prices on Medicare Plan F, G, N and more. Read our 5-star review of Sentinel Security Life vs. Top Ten Competition.
MedicareWire Rating:  |  |
|---|---|
| A.M. Best Rating: | B++ |
| A.M. Best Outlook: | Stable |
| S&P Rating: | n/a |
| Established: | 2010 |
| NAIC Number: | 68802 |
| Policy Fee: | $25.00 |
What Medicare Supplements does Sentinel Security Life offer in Colorado?
Sentinel Security Life Insurance Company offers 13 different Medigap Plans in Colorado. Each plan covers the gaps in Original Medicare differently (see Comparison Chart or check out our Review). Here's what Sentinel Security 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.
SAVINGS OPPORTUNITY: Sentinel Security Life offers Medicare SELECT plan policies in some areas of Colorado. A Select plan is a Medigap policy that requires you to use specific hospitals and, in some cases specific doctors, to get the full financial benefit of the plan. A Medicare SELECT plan pays the Medicare Part A inpatient deductible when you use a network hospital or if you use a non-network hospital for emergency care. Otherwise, you pay the inpatient deductible. Other than that it's the same as the standard Medigap plan.
Sentinel Security Life Medicare Supplement Comparison Chart
The table below outlines the coverage of each Sentinel Security Life Medicare Supplement:
| Medigap Plans Offered in Colorado | |||||||
|---|---|---|---|---|---|---|---|
| Benefits | A | B | C | D | F | G | N |
| Part A Deductible | No | Yes | Yes | Yes | Yes | Yes | Yes |
| Part A Co-insurance | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| SNF Co-insurance | No | No | Yes | Yes | Yes | Yes | Yes |
| Part B Deductible | No | No | Yes | No | Yes | No | No |
| Part B Co-insurance | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Excess Charges | No | No | No | No | Yes | Yes | No |
| Foriegn Travel | No | No | 80% | 80% | 80% | 80% | 80% |
| Out-of-Pocket Limits | No | No | No | No | No | No | No |
REVIEW: Sentinel Security Life Medicare Supplements in Colorado
Sentinel Security Life scored 3.0 out of 5.0 based on our scoring method. Sentinel Security Life has a good financial rating from A.M. Best, but their Plan F is not in the top 10 best rates and they have less than 10 years experience servicing Medicare Supplements. Plus, they ding you with a $25.00 policy fee. We are confident in their financial strength, but feel there are better options in Colorado. See the top 10 competition.
Here are the pros and cons from our analysis:
Pros
- Good financial strength.
- Offers Medicare SELECT plans.
Cons
- Uncompetitive Plan F premium.
- Less than 10 years in the Medicare Supplements business.
- Does not offer the 5 most popular plans.
- Charges a fee to write the policy.
We reviewed Sentinel Security Life's Medigap plan offering in Colorado 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.
Sentinel Security Life Medigap Plan F vs. Competition
Medicare Supplement F is the most popular plan sold in Colorado. The following table shows how Sentinel Security Life stacks up with the competition.
| Carrier | Premium[3] | Fee | Review[4] |
|---|---|---|---|
| Sentinel Security Life | $221.91 | $25.00 | |
| American National | $133.89 | None |  |
| Liberty Bankers Life | $136.66 | $25.00 |  |
| Reserve National | $140.90 | None |  |
| Bankers Fidelity | $141.10 | $25.00 | |
| Cigna | $141.34 | None | |
| USAA Life | $142.46 | None | |
| Pan-American Life | $142.52 | $25.00 | |
| AARP | $143.76 | None | |
| S.USA Life Insurance | $144.46 | $25.00 | |
| United American | $146.00 | None | |
Contact Sentinel Security 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.
Compare Plan Rates
The average Colorado senior compares three or more quotes before making an enrollment decision.
Eligibility
Sentinel Security Life 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 Sentinel Security 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
Sentinel Security Life services Medicare supplement insurance in Denver, Aurora, Colorado Springs, and most other Colorado cities. Visit the Sentinel Security Life Medicare page for more information.
About this Review
This page presents an independent review of Sentinel Security Life 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 Sentinel Security 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 primary difference between Medigap policies sold by different insurance companies.
Additional Foot Notes
[3] 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.
[4] Review rating stars are derived from MedicareWire reviews on our Colorado Medigap Plan Reviews page.
The Medicare Supplement information on this page originates from CMS Data Files, is maintained by David Bynon, and was last updated on .