On this page we help consumers: Compare State Mutual Insurance Medicare Supplement Plans in Colorado with competing Medigap plans. Shop lowest prices on Medicare Plan F, G, N and more. Read our 5-star review of State Mutual Insurance vs. Top Ten Competition.
What Medigap plans does State Mutual Insurance offer in Colorado?
State Mutual Insurance Company offers 9 different Medicare Supplement Plans in Colorado. 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.
State Mutual Insurance Medigap Plan Comparison Chart
The following Medicare Supplement Plans Comparison Chart shows what each State Mutual Insurance Medigap plan covers:
REVIEW: State Mutual Insurance Medicare Supplements in Colorado
State Mutual Insurance 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 Mutual Insurance has been servicing Medicare Supplements for over 10 years and has a good financial rating from A.M. Best. Another slight negative is their $25.00 policy fee. This is a good carrier, but there are other good Medigap carriers with lower rates in Colorado. See the top 10 competition.
Here are the pros and cons from our analysis:
- Good financial strength.
- More than 20 years in the Medicare Supplements business.
- Uncompetitive Plan F premium.
- Does not offer Medicare SELECT plans.
- Does not offer the 5 most popular plans.
- Charges a fee to write the policy.
We reviewed State Mutual Insurance's Medigap plan offering in Colorado versus all other 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 did not take into account rate increase history.
State Mutual Insurance Medicare Supplement Plan F Compared to Top Ten
Medigap Plan F is the best selling plan sold in Colorado. Below you can compare State Mutual Insurance's starting rate on Plan F vs. their top ten competitors.
Contact State Mutual Insurance 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.
State Mutual Insurance 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 State Mutual Insurance. 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.
About this Review
This page presents an independent review of State Mutual Insurance 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 State Mutual Insurance, 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 Information About Medicare Supplements
- Medicare Advantage vs. Supplement: Which is Better?
- Compare Medicare Supplement Plans with no Premiums
- Guaranteed Issue Medicare Supplement
- Do I Really Need Supplemental Insurance with Medicare?
- How to Choose a Medicare Supplement Plan
Additional Foot Notes
 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.
 Review rating stars are derived from MedicareWire reviews on our Colorado Medigap Plan Reviews page. Visitors can go to our main directory page to compare Medicare supplement plans in other states.