Transamerica Medicare Supplement Plans, West Virginia
This page contains editorial content that is not endorsed or approved by Transamerica Life Insurance Company[2]. This is not a solicitation of insurance.
| MedicareWire Rating: | |
|---|---|
| A.M. Best Rating: | A+ |
| A.M. Best Outlook: | Negative |
| S&P Rating: | AA- |
| Established: | 2005 |
| NAIC Number: | 86231 |
| Policy Fee: | None |
What Medigap Policies Does Transamerica Sell in West Virginia?
Transamerica Life Insurance Company sells 10 Medicare supplements in West Virginia. Each lettered plan pays Medicare benefits differently (see comparison chart or check out our review). Here they are at a glance:
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.
The following table shows the coverage benefits you get with of each Medicare supplemental plan offered by Transamerica:
REVIEW: Transamerica Medicare Supplements in West Virginia
Transamerica scored 4.0 out of 5.0 based on our scoring method. Although their Plan F is not in the top 10 best rates, Transamerica 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 West Virginia. See the top 10 competition.
Here are the pros and cons from our analysis:
Pros
- Superior financial strength.
- More than 10 years in the Medicare Supplements business.
- Offers the 5 most popular plans.
- No charge for writing the policy.
Cons
- Uncompetitive Plan F premium.
- Does not offer Medicare SELECT plans.
About This Review
We reviewed Transamerica's Medicare supplement plan offering in West Virginia 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.
Transamerica Medigap Plan F vs. Competition
Medigap Plan F is the best selling plan sold in West Virginia. Below you can compare Transamerica's starting rate on Plan F vs. their top ten competitors.
Contact Transamerica 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
Transamerica Medigap plans are available to all West Virginia Medicare beneficiaries, ages 65 and older, who have enrolled in Medicare Part A and Medicare Part B.
If you are just turning age 65, you have guaranteed issue rights and cannot be turned down by Transamerica. 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.
Before choosing an insurance company, be sure to get the Transamerica Medicare Supplement rate increase history in West Virginia. This is the best way to predict future rate increases.
Availability
Transamerica services Medicare supplement insurance in Charleston, Huntington, Parkersburg, Morgantown, Wheeling, and most other West Virginia 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 Transamerica Medigap plans in West Virginia with the best Medicare supplements available. Read our review. Get a free quote. Did we succeed?