Monday, September 2, 2013

How to Compare the Medicare Supplement Plans?

How to Compare the Medicare Supplement Plans? Are there surveys to evaluate the providers and who is on top?

 
 
.There aren't any real "surveys" to evaluate the providers for Medicare Supplements. By what do you mean "on top"? Who is on top is a matter of opinion depending on your definition. It also matters where you are located because companies do not write in every state.

Medicare Advantage plans and Prescription drug plans are rated by CMS with the STAR rating. This rating take into consideration a large number of factors, including Healthcare Effectiveness Data, Consumer Assessment, Administrative date on the plan qualify and member satisfaction, Surveys of clients, Independent Reviews, and Patient Safety. For example, if a higher percentage of clients have their physical each year the plan gets a better score.
 
All Medicare supplement Plan F policies, for example, pay exactly the same. Have your broker guide you. Some companies have good reputations and others don't.
 
Look, you're asking for EXACTLY what an insurance agent does. Go find an insurance broker who specializes in Medicare supplemental plans in YOUR area. They've done all this work already.

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