Cigna Medicare Supplement Company Review

 

Cigna Medicare Supplement Logo

We also find that many of our customers like Cigna because of its ease of use and customer experience.

Medicare supplement insurance through Cigna also does not require in-network doctors and will work with any provider that accepts Medicare.One of the top Medicare supplement carriers we offer is Cigna. Here, we’ll highlight Cigna and the three main Cigna Medicare Supplement plans.

Who is Cigna?

Cigna is a health service company that provides an array of health products and services to individuals, families, and businesses. These products include health, dental, pharmacy insurance, Cigna supplemental insurance, and Cigna Medicare plans.

Cigna has cultivated more than 95 million customer relationships worldwide as a global company. With 40,000 employees, they can maintain a high level of customer service. It is considered an A-rated carrier and has earned an “Excellent” review from Consumers Advocate.

Cigna traces its roots back more than 200 years. The company we know as Cigna originated in 1982 with the INA Corporation and the Connecticut General Corporation merger.

INA was formed in Philadelphia in November of 1792 in the same building where the Declaration of Independence had been signed 16 years prior. They also have the distinction of being the oldest insurance stock company in the U.S. Connecticut General was incorporated in 1865, right after the Civil War.

Here’s what Consumers Advocate had to say:

“With a robust financial record, a worldwide network of physicians, and substantial customer service support, Cigna should be a part of anyone’s research for the right Medicare Supplement Insurance plan.” 2

Cigna Subsidiaries and Offered Plans

Some notable companies operate as subsidiaries of Cigna, from which you can purchase your Medicare supplemental plan. These include Loyal American Life Insurance (LOYAL), Cigna Health and Life and Retirement (CHLIC), American Retirement Life Insurance Company (ARLIC) and Cigna National Health Insurance Company (CNHIC). Cigna offers Medicare Supplement Plans A, F, G, and N. Depending on the availability in your state, Cigna plan rates may differ for LOYAL, CHLIC, and ARLIC.

Stethoscope Medicare

 

Medicare Supplement Plans offered by Cigna

 

The most popular Medicare supplement plans offered by Cigna are the Medicare Supplement Plan F, Medicare Supplement Plan G, and Medicare Supplement Plan N. Each plan offers unique benefits and coverage. We’ll compare the three below to give you a sense of where the plans differ and how they can meet your different healthcare needs

Cigna Medicare Supplement Plan F

Plan F covers all that Medicare does not. This includes helping to pay Medicare deductibles and the 20% coinsurance for Medicare services. Plan F covers both Part A and Part B deductibles.

Plan F accounts for the majority of all active Supplement policies. It is also the most expensive Medicare supplement plan. Even with increasing rates in Plan F, many retirees feel it’s worth the investment because of the broad coverage. We suggest comparing it to Plan G to determine overall savings since the only difference is the Part B deductible coverage.

The government phased out Plan F on January 1, 2020. However, you can still purchase Plan F if you were born before January 1, 1955, or if you are currently on the plan, you will be grandfathered in.

Cigna Medicare Supplement Plan G

Plan G is nearly identical to Plan F’s comprehensive coverage, except for one major difference: it does not cover the Part B deductible. However, Plan G may make up for this in other ways.

For example, you may end up saving more by paying for the Part B deductible due to Plan G’s lower premium while also taking into account that Plan G tends to have lesser rate increases than Plan F.

We can provide quotes for both Plan F & G. If the savings is much greater than the potential deductible, then going with Plan G will help you keep healthcare dollars in your pocket.

Cigna Medicare Supplement Plan N

Plan N is the newest and most affordable of the supplement plans.

Cigna’s Plan N coverage is similar to Plan G; however, it has copays. With Plan N, you are responsible for co-payments up to $20 when visiting the doctor’s office and up to $50 for the emergency room.

Additionally, Plan N does not cover the Part B deductible. However, due to the potential need to pay for more out-of-pocket health expenses, this plan will lower the monthly premium.

Again, like Plan G, it is worth getting a quote for Plan N. The savings may be substantial, and if you are a healthy individual with little medical costs, Plan N could be a wise financial decision.

Medicare Cigna Assistance

 

Cigna Pricing

Rates can vary based on the company you choose and where you live. We have provided illustrative rates, and you might find your location cheaper or more expensive.

The below rates were generated from ZIP code 73008 in Bethany, OK, for females age 65. Rates vary based on ZIP code, gender, age, and, in some areas, health.

  • Plan A: $104.09
  • Plan F: $128.81
  • Plan G: $103.55
  • Plan N: $87.96

This rate is for illustrative purposes and is subject to change.

It’s important to remember that all Medicare supplements are federally standardized. Meaning they must cover the same 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.

Benefits of Choosing a Cigna Medicare Supplemental Plan

Finding the right Medicare Supplemental plan can offer you not only peace of mind but significant reductions in out-of-pocket health costs not covered by Medicare.

Some noteworthy aspects of Cigna differentiate it from other Medicare supplement providers. For starters, Cigna offers excellent coverage and service at competitive rates with plans that cover you nationwide. You can also enroll in Cigna’s Health Rewards to take advantage of the following discounts:

  • Gym memberships
  • Yoga equipment
  • Vitamins and other health products
  • Chiropractic work and massage
  • Organic Food discounts

Additionally, Cigna offers discounts for vision and hearing care, such as eyewear and vision exams, Lasik vision correction, hearing aids and exams, and hearing protection devices. All are subject to the plan chosen and state availability.

Medicare supplement insurance through Cigna also does not require in-network doctors and will work with any provider that accepts Medicare.

We also find that many of our customers like Cigna because of its ease of use and customer experience. 

They have the following benefits:

  • Easy to use customer portal
  • Electronic application via the agent portal website
  • Quick Policy approval in just 1 to 3 days
  • Access to their highly-rated Health Information Line, a 24/7 phone service staffed by real nurses
  • 12-month lock-in rate, no increases in the first year
  • Access to 880,000 healthcare providers around the U.S.
  • Household discounts
  • Guaranteed renewable plans that cannot be canceled due to health conditions
  • A U.S-based customer service team
  • No referral requirements to see a medical specialist
  • Foreign medical coverage

Rating organizations continue to agree that Cigna Medicare plans continue to rate highly in a wide variety of customer satisfaction surveys. Cigna ranks so high that they continue to invest in technology that provides a superior customer experience. Their health lines and customer service teams also contribute to their high ranking. These features make it easy for us to recommend Cigna more often to our clients.

 

Frequently Asked Questions

We hope we have addressed most of your questions about Cigna, but we often get questions when discussing with our customers.

 

What is a copay?

  • Copays protect healthcare costs by preventing people from abusing frequent doctor visits. A copay is a fee you pay to a health provider, such as a doctor. Usually, these fees are small; $ 10 – $25 is the norm. You may have paid these on doctor visits depending on your health insurance before Medicare. The payments will not reduce your deductible calculation.

What is coinsurance?

  • Coinsurance is the percentage you are responsible for paying after the insurance pays its portion. A typical coinsurance percentage is 20 percent. The rate can vary based on the service you receive. Emergency services sometimes have higher percentages than family doctor visits.

What is a deductible?

  • A deductible is the amount of money you must pay before insurance pays for any services. Deductibles protect the health care system. They keep patients vigilant with billing and keep the system from being clogged by people visiting doctors and emergency rooms for frivolous reasons.

Does Cigna offer a Medigap policy?

  • Yes. A Medigap policy is another word for a Medicare Supplement plan because it fills the gap left by traditional Medicare coverage. It is not a Medicare Advantage plan.

Professional Medicare Support

 

The Bottom Line

We’ve had an excellent track record offering Cigna as one of our insurance carriers. We know that Cigna offers people great value in their plans and reliable choices that meet the needs of different individuals. We recommend Cigna plans with confidence from the customer reviews we’ve received and the strong reputation Cigna has built.

We love connecting people with the right insurance plans.

Learn more about the Cigna Supplement Insurance Plans by connecting directly with one of our trusted agents.

Prefer to chat by phone? Give us a call at 1-888-559-0103.

Cigna

Rate stability
Competitive rates
Financial Stability
Coverage Area

Overall Rating
5 / 5 stars

Our Take:  Cigna is an A rated carrier by A.M. Best. They have highly competitive rates along with great added benefits like household discounts and gym memberships. We feel confident in offering them to our clients.

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