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Aetna Medicare Supplement Reviews

Last Updated on

Aetna Medicare Supplement Logo

 

Aetna

Rate stability
Competitive rates
Financial Stability
Coverage Area

Overall Rating

4.5 / 5 stars

Our Take

Aetna was given a financially strong rating by both A.M. Best and S&P. Aetna has the added benefit of having the gym membership, Silver & Fit, "built in" to their policies which makes them more attractive. In certain areas, they are extremely stable. We enjoy working with Aetna and feel confident in recommending them.

Chat with us about your options
1-888-227-6836

While shopping for Medicare Supplement products, you have probably run across Aetna. Aetna is a well-known company that has worked in healthcare longer than most insurance companies.

 An Aetna Medicare Supplement is a stellar choice in today’s increasingly complicated Medicare Supplement market. The company makes it easy for you to pick the right plan for your needs.

Because we want you to understand a company you are considering, we will go through the pros and cons of the company along with our own recommendation. We want you to make an informed decision about you own healthcare.

 

 

Medicare Supplement Plans Offered by Aetna

The company offers Plans F, G and N in most states. These plans are federally standardized which means all carriers must offer the same benefits. This makes shopping around extremely important. Like most health carriers, Aetna also offers Aetna Medicare Advantage plans. 

 

Aetna Medicare Supplement Plan F

When the piece of the pie that Medicare doesn’t cover hits you in the eye like a big pizza pie, it can be quite unnerving. How will you get the money to pay the portion that Medicare doesn’t cover? Important things like hospital deductibles, nursing costs, co-pays for primary provider visits and other specialists.

That’s what makes Medicare Supplement Plan F the Cadillac of Medicare supplement programs out there.

And don’t worry. You can see any doctor or hospital who sees Medicare patients. With 100 percent coverage, you’ll enjoy peace of mind by seeing the providers you’re comfortable with.

Medigap plan F holds the highest premium amount but covers everything your Medicare doesn’t. Rate increases also prove higher on average with Medigap Plan F. Please contact us to find out more about rates in your area.

Medicare Plan F is being discontinued in 2020. If you are a current subscriber to Plan F, you will be grandfathered into the plan each year. It’s your choice whether to leave Plan F and opt for something different. Although it’s a good plan, many are opting for Plan G, so they don’t have to switch to a new plan in 2020. Let us help you analyze your current needs to determine if choosing Plan F makes sense for 2019 and beyond. You may decide to join Plan F this year so you have the option to maintain for future years.

Aetna Medicare Supplement Plan G

The most popular choice for Aetna Medicare supplement plans is Aetna Plan G.

It does hold an annual deductible of $198.00 per year paid to the primary care provider. Copays, no problem! When you visit a doctor or specialist with Plan G Medigap, you can skip the copays.

Really, Plan G is fairly like Medigap Plan F. The difference is in that the Plan B is not in the coverage. For 2020, the deductible is $198.00, but with Plan G Medigap, if you go to a doctor or hospital that accepts Medicare, the $198.00 is your only out-of-pocket expense.

Plan G offers:

  • Complete and fully paid coverage in the hospital
  • Fully paid skilled nursing visits
  • Following deductible of $198.00, doctors’ visits are covered at 100 percent
  • Any excess charges related to Part B Medicare are covered at 100 percent
  • Copays and coinsurance costs are waived
  • Foreign emergency travel 
  • Ability to see your doctor of choice, provided they are a Medicare provider

Even if you are leaning toward Plan F because of the deductible, it is worth quoting Plan G. You may save enough money to negate the extra out of pocket deductible. If this is true for you, Plan G may be the most cost effective option.

Aetna Medicare Supplement Plan N

Another choice for Medigap insurance is Medicare Supplement Plan N. One of the main differences with Plan G and Plan N is that there is a copay to see the doctor or healthcare provider. The copay is not very much, and it ranges between nothing and an affordable $20.00. Part B deductibles are also not part of the coverage, like Plan B Medigap policy.

Conversely, the most you’ll dish out at the doctor’s office is a $20 copay with Plan N. This includes any specialist’s office that you may need to frequent. A $50 copay at the Emergency Room will be waived upon admission to the facility.

Part B excess Medicare charges are not covered under Medigap Plan N. That means that a provider is allowed to charge a patient 15% more than the Medicare-approved negotiated price of services.

Aetna Medicare Supplement Plans Comparison Chart:

Sometimes it is easier to visualize the differences in the Plans to make an informed decision. This chart will help you see clearly the differences between the plans.

Medigap BenefitsPlan FPlan GPlan N
Medicare Part A Coinsurance and hospital costs – up to additional 365 days after Medicare Benefits are used up

 

 

Yes

 

 

Yes

 

 

Yes

Medicare Part B Coinsurance or Copayment

 

Yes

 

Yes

 

Yes

Blood (first 3 pints)YesYesYes
Part A Hospice Care Coinsurance or Copayment

 

Yes

 

Yes

 

Yes

Skilled nursing facility Coinsurance

 

Yes

 

Yes

 

Yes

Medicare Part A Deductible

 

Yes

 

Yes

 

Yes

Medicare Part B Deductible

 

Yes

 

No

 

No

Medicare Part B Excessive charges

 

Yes

 

Yes

 

No

Foreign travel emergency (up to plan limits)

 

Yes

 

Yes

 

Yes

 

Aetna Premiums

*The rates are from zip code 20120 in Centreville, VA for females age 65. Rates vary based on zip code, gender, age and, in some areas, health.

  • Plan A: $103.13
  • Plan F: $151.02
  • Plan G: $119.87
  • Plan N: $95.63

It’s important to keep in mind that all Medicare supplements are federally standardized. Meaning, they must cover the same exact benefits. This makes shopping around a critical step in the Medicare supplement decision process. Be sure to check out the other important factors that should be driving your Medicare supplement decision.

What makes Aetna special?

Want a free gym membership? Aetna knows that healthy customer create lower and more stable rates. Because of this, they offer free exercise programs and gym membership as a benefit to their product. Aetna is behind you cheering you on with coverage that counts to encourage your wellness endeavors. Once you sign up as an Aetna customer, you can locate an Aetna Fitness class at many YMCAs and community centers.

Aetna is an incredibly stable company. Their size and scope throughout the United States allows them to manage cost more efficiently than most insurance carriers. They also have a large amount of data that allows them to price more accurately. Both these factors create a very stable rate environment. In certain situations you won’t see a rate increase due to age in the first couple of years.

Aetna doesn’t only want to insure you but you and your spouse. They know that by insuring the full household, it lowers confusion over coverages and benefits. You and your spouse only have to manage one platform for claims and billing. This is a huge advantage to consumers. As a reward for buying together, you may receive a household discount based on certain factors, such as zip code and subsidiary available in your area.

History of the company

The Aetna company has been around for a long time. It’s a company that has traditionally sold insurance and other services. The main payers are employment-paid benefits or through Medicare. In 2008, the company became a subsidiary of CVS.

When in 1819, Henry Ellsworth, an attorney, became the president of the Aetna (Fire) Insurance Company in Hartford, Connecticut, the Aetna name became a big player in the insurance business. It’s interesting to note that the name, “Aetna” is based on a volcano located on the shores of Sicily. At the time, it was the most active volcano in Europe.

Aetna Insurance Company organized an annuity fund to sell life insurance in 1850. The “Aetna” name is retained to take advantage of the good reputation of the original Aetna. The name was inspired by an 11,000-foot volcano on the eastern shores of Sicily, Mt. Etna, which was the most active volcano in Europe. After years of history working with customers in the insurance business, Aetna has also become a major player in the Medicare supplement arena. Seek them out with confidence when choosing your Medigap supplement.

Insurance Company

Aetna’s subsidiaries

Please give us a call to find out what subsidiary is available in your area.

  • American Continental Insurance Company
  • Aetna Health and Life
  • Continental Life Insurance Company of Brentwood, Tennessee 

 

Become our lifelong Aetna client and discover the difference

We think once you see the expertise of Aetna in providing you with the best products to ensure your senior years are productive and healthy, you’ll be a lifelong client with an impeccable relationship with us. Don’t wait. Start today and act by clicking the button below. You’ll be at ease once you do.

1-888-227-6836

Aetna

Rate stability
Competitive rates
Financial Stability
Coverage Area

Overall Rating

4.5 / 5 stars

Our Take

Aetna was given a financially strong rating by both A.M. Best and S&P. Aetna has the added benefit of having the gym membership, Silver & Fit, "built in" to their policies which makes them more attractive. In certain areas, they are extremely stable. We enjoy working with Aetna and feel confident in recommending them.

Chat with us about your options
1-888-227-6836

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