State Farm Medicare Supplement Plans, Iowa
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| MedicareWire Rating: | |
|---|---|
| A.M. Best Rating: | A++ |
| A.M. Best Outlook: | Stable |
| S&P Rating: | AA |
| Established: | 1981 |
| NAIC Number: | 25178 |
| Policy Fee: | None |
What Medicare Supplements does State Farm Offer in Iowa?
State Farm Mutual Automobile Insurance Company sells 3 Medicare supplements in Iowa. Each lettered plan pays Medicare benefits differently (see comparison chart or check out our review). Here they are at a glance:
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.
State Farm Medigap Plan Benefits Comparison Chart
The following table shows what each State Farm Medigap plan covers:
REVIEW: State Farm Medicare Supplements in Iowa
State Farm scored 3.5 out of 5.0 based on our scoring method. Although their Plan F is not in the top 10 best rates, State Farm 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 Iowa. See the top 10 competition.
Here are the pros and cons from our analysis:
Pros
- Superior 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 State Farm's Medicare supplement plan offering in Iowa 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.
State Farm Medigap Plan F vs. Competition
Medicare Supplement F is the most popular plan sold in Iowa. The following table shows how State Farm stacks up with the competition.
Contact State Farm 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
State Farm Medicare Supplements are available to all Iowa beneficiaries, ages 65 and older, who have enrolled in both Medicare Part A and Part B.
If you are just turning age 65, you have guaranteed issue rights and cannot be turned down by State Farm. 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.
Availability
State Farm services Medicare supplement insurance in Des Moines, Cedar Rapids, Davenport, Sioux City, Iowa City, Waterloo, Council Bluffs, Ames, Dubuquq, Ankeny, and most other Iowa 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 State Farm Medigap plans in Iowa with the best Medicare supplements available. Read our review. Get a free quote. Did we succeed?