 Personal Finance PowerPoint Presentation Medicare Supplement Insurance Companies Prepare to get financially fit by practicing personal finance. Insurance is part of our long-term risk mitigation strategy where we follow the adage of measure twice, cut once, put in a formal process and place something like set the goals, develop a plan to reach them, put the plan in action, review the results, repeat the process periodically. Most of this information can be found at Investopedia Best Medicare Supplemental Insurance Companies, which you can find online. Take a look at the references, resources, continue your research from there. This is by Stephanie Travato, updated May 29, 2022. Remember that these are going to be insurance companies that we don't have any affiliation with. Possibly Investopedia might have some kind of affiliation with in somewhere, at least some advertising related to them. But this is just to get an idea of a starting point if you want to do some comparisons between different companies of companies recommended by Investopedia. Once again, you can go to Investopedia, look at their references to see more there and possibly link then to the companies themselves, of course, to do your comparisons and continue your research. So we got the best medical supplement insurance companies according to Investopedia. A Medicare supplement plan, also called a Medigap plan, is a plan sold by private companies separate from Medicare. Medicare supplement plans pay for the costs or gaps in coverage that are not paid for by the original Medicare. So these can include prescriptions, doctor visits, vision, dental care and more. The best Medicare supplement insurance companies offer competitive pricing and modern, easy to use website interfaces. They also make it easy to reach customer service agents and offer discounts to their customers. So these are the best Medicare supplement insurance companies of 2022, again, according to Investopedia. So you can do your own research from here, but this is the list they got. They've got the best overall mutual of Omaha, the best user experience. Humana, the best set for pricing, the AARP, best Medigap coverage information. Etna, best discounts for multiple policy holders. So they've got their items that they say are the best in their categorizations. We'll just take a look at a couple of them here. And again, you can go to Investopedia and do more research from there and then go to the actual websites themselves to continue your research. So we got the mutual of Omaha. The company offers multiple plans, a comprehensive website that is user friendly and customer discounts. The pros website with easy to follow information, comparison charts for different plans, which is nice to help your comparison shopping. Customer reviews on the plan information page. It's nice to have some feedback. You might want to think about how accurate are the reviews or some other places you can go for reviews and third-party feedback. So multi-step process to pay online. This is a con. So there's a multi-process step to pay online, multi-step process to pay online. No app for the Medicare supplement insurance, which is just insane. Because you know everybody that has Medicare is on their phones constantly and trying to do everything with an app possibly. Or maybe at that point, at some point maybe they are at this point. So no app. It's a done deal. Done deal. They're out in business since 1909. Mutual of Omaha offers high quality in-depth information through the company website. The website is simple, uncluttered and includes a comparison checklist showing who each plan is best for with the option to include further coverage such as dental or prescription drug coverage. Mutual of Omaha also offers a 7% to 12% discount if your spouse or domestic partner has applied for or is applying for coverage with Mutual of Omaha or an affiliate company. So you got two people on there, you might get a discount on there. That's nice. So plan availability differs by location, but you should have around three to five options to get price estimates. Just enter your zip code. You can contact them online or over the phone for a personalized quote. But the company does not offer a mobile app for its Medigap customers. Once again, it's just no app. No app. I mean, they're out. They're out. Mutual of Omaha is ranked by AM best at A double plus. A double plus for financial health. Then we've got Humano. This I think this is the last one we'll just take a look at. You can take a look at the other ones on your list. Do your comparisons yourself. This is according to Investopedia. Humano has a user friendly website where you can easily compare plans and find out policy information. What are the pros? User friendly website lists quotes by zip codes. You can just put in your zip code and then they just track you for the rest of your life. But in exchange for that, they don't actually track you for the rest of your life. But in exchange for that, they give you some information by location. So it's easy to find information and contact numbers. Enough introductory information without being overwhelming. What are the cons then? Some of the deductibles run higher than other plans. Well, that's not good. Not available in all 50 states. So there's some limitations and the availability depending on where you are in the country. Humano's website offers an easy to use self explanatory content that makes the process of finding the best Medicare supplemental policy simple and straight forward. Each plans coverage details are clearly displayed by zip code without needing to enter your personal information into the site. You can also request a phone call with a Humano Medicare agent and talk to someone like a real person that knows stuff. Or is it just like someone that doesn't know anyone? I don't know. You might have to try it out. See if it's actually a person that speaks English at least that you can talk to. And maybe they know stuff at the same time. So you can compare specific plans if you enter your personal data. And Humano also provides a PDF with detailed plan information by state. So you got that PDF. You can look when you're not even online. You're not even online and you can look at all that stuff that's on the PDF without the internet connection. Deductibles for some Humano plans are a little higher than other carriers. Humano covers every state except Massachusetts, Minnesota and Wisconsin. Why not them? Why not them? I wonder. I don't know. With the same basic plans that they include parts A, B, C, F, G, K, L and N. We talked about the complexities of this lettering system that you just kind of know. It's kind of like learning that your guitar musical scales, you know, you got the half, half, whole, half, whole, whole, half kind of thing and all the stuff related to. So A, B, C, F, G, K, L and then N. Plans F has an additional high deductible option. So it's kind of like an F sharp that you have in there or you know, which is actually the same as you know. It's like kind of like a G flat. But we call it the F sharp or F high deductible option. So Humano earns an A minus with A and best for financial health. The My Humano app is available from both Google Play and Apple's Plus. That's all I needed to hear. You should have just put that up top. They have an app. They have an app that I'm sold right there. They should have just put that at the top of the page. So they've got an app that's there for Google Play and the Apple's App Store. Thanks for watching.