AARP Medigap Plans Colorado Medicare Supplement Review
On this page we help consumers: Compare AARP 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 AARP vs. Top Ten Competition.
MedicareWire Rating:  |  |
|---|---|
| A.M. Best Rating: | A |
| A.M. Best Outlook: | Stable |
| S&P Rating: | AA- |
| Established: | 1998 |
| NAIC Number: | 79413 |
| Policy Fee: | None |
Which Medicare Supplement Plans does AARP sell in Colorado?
AARP (Insured by UnitedHealthcare Insurance Company) writes 8 of the standardized Medicare Supplements in Colorado. Each Medigap plan offers a different range of coverage (see Comparison Chart or check out our Review). Here's a quick look at AARP's offering:
Community Rated Medigap Plans: When a plan is "Community Rated" the community will all be charged the same monthly premium if enrolled in the same plan. As an example, if you enroll at age 65 or 72 you would be charged the same amount. Premiums will increase, but your age will not be a factor.
AARP Medigap Plan Comparison Chart
The following table shows what each AARP Medigap plan covers:
| Medigap Plans Offered in Colorado | ||||||||
|---|---|---|---|---|---|---|---|---|
| Benefits | A | B | C | F | G | K | L | N |
| Part A Deductible | No | Yes | Yes | Yes | Yes | 50% | 75% | Yes |
| Part A Co-insurance | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| SNF Co-insurance | No | No | Yes | Yes | Yes | 50% | 75% | Yes |
| Part B Deductible | No | No | Yes | Yes | No | No | No | No |
| Part B Co-insurance | Yes | Yes | Yes | Yes | Yes | 50% | 75% | Yes |
| Excess Charges | No | No | No | Yes | Yes | No | No | No |
| Foriegn Travel | No | No | 80% | 80% | 80% | No | No | 80% |
| Out-of-Pocket Limits | No | No | No | No | No | $5,240 | $2,620 | No |
REVIEW: AARP Medicare Supplements in Colorado
AARP scored 4.0 out of 5.0 based on our scoring method. With a top 10 Plan F premium, more than 10 years in the Medicare Supplements business, and a strong financial rating from A.M. Best, we have confidence in AARP. Plus, they do not charge a policy fee. These are just a few reasons we recommend this carrier to seniors in Colorado. See the top 10 competition.
Here are the pros and cons from our analysis:
Pros
- Competitive Plan F premium.
- Excellent financial strength.
- Over 15 years in the Medicare Supplements business.
- Offers the 5 most popular plans.
- No charge for writing the policy.
Cons
- Does not offer Medicare SELECT plans.
We reviewed AARP'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.
AARP Medigap Plan F vs. Competition
Medicare Supplement F is the most popular plan sold in Colorado. The following table shows how AARP stacks up with the competition.
| Carrier | Premium[3] | Fee | Review[4] |
|---|---|---|---|
| AARP | $143.76 | None | |
| 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 | |
| S.USA Life Insurance | $144.46 | $25.00 |  |
| United American | $146.00 | None | |
| Thrivent | $146.29 | None | |
Contact AARP 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
AARP 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 AARP. 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
AARP services Medicare supplement insurance in Denver, Aurora, Colorado Springs, and most other Colorado cities. Visit the AARP Medicare page for more information.
About this Review
This page presents an independent review of AARP 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 AARP, 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 .