State Farm Medigap Plans in Texas
This page contains editorial content that is not endorsed or approved by State Farm Mutual Automobile Insurance Company[2]. This is not a solicitation of insurance.
| MedicareWireMedicareWire is a Medicare insurance consulting agency. We founded MedicareWire after seeing and hearing how confusing and frustrating it is to find, understand, and choose a plan. Our services are free to the consumer. Rating: | |
|---|---|
| A.M. Best Rating: | A++ |
| A.M. Best Outlook: | Stable |
| S&P Rating: | AA |
| Established: | 1981 |
| NAIC Number: | 25178 |
| Policy Fee: | None |
What Medigap Policies Does State Farm Sell in Texas?
State Farm Mutual Automobile Insurance Company offers 3 of the standardized Medigap policies in Texas. Each Medigap plan offers a different range of coverage (see comparison chart or check out our review). Here's a quick look at State Farm'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.
The following table shows what each State Farm Medigap plan covers:
REVIEW: State Farm Medicare Supplements in Texas
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 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 Texas. 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 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 State Farm's Medicare supplement plan offering in Texas 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.
Competition vs. State Farm Plan F
Plan F is the most popular plan sold by State Farm in Texas. The table below gives you an idea of rates by the top ten vs. State Farm.
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 Texas beneficiaries, ages 65 and older, who are enrolled in Medicare Part BMedicare Part B is medical coverage for people with Original Medicare benefits. It covers doctor visits, preventative care, tests, durable medical equipment, and supplies. Medicare Part B pays 80 percent of most medically necessary healthcare services.. If you are just turning age 65, 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 by State Farm. 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
State Farm services Medicare supplement insurance in Houston, San Antonio, Dallas, Austin, Fort Worth, El Paso, Arlington, Corpus Christi, Plano, Laredo, Lubbock, Garland, Irving, Amarillo, Grand Prairie, Brownsville, Pasadena, McKinney, Mesquite, McAllen, Killeen, Frisco, Waco, Carrollton, Denton, Midland, Abilene, Beaumont, Round Rock, Odessa, Wichita Falls, Tyler, Richardson, Lewisville, and most other Texas 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 Texas 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 .