Bankers Fidelity Medicare Supplement Reviews
Are you worried about the coverage gaps that you’re responsible for with Original Medicare? A Bankers Fidelity Medicare Supplement can protect you and cover those unexpected medical costs.
Founded in 1955 and headquartered in Atlanta, Georgia — Bankers Fidelity Life operates in over 46 states in the US. Bankers Fidelity Assurance Company is a subsidiary of Bankers Fidelity Life Insurance Company. It’s also worth noting that they are a wholly owned subsidiary of the Atlantic American Corporation. They are one of the top Medicare Supplement carriers that we offer. Let’s look into Bankers Fidelity and their Medicare Supplement plans.
bankers fidelity Financial Ratings
Bankers Fidelity has received high marks from several rating organizations. Please note that any “Not Available” (N/A) entry is not necessarily a poor reflection on a company’s practices. It often means that they simply haven’t been rated.
- A.M. Best Rating: A-
- Fitch Rating: N/A
- Standard & Poor’s Rating: N/A
- Moody’s Rating: N/A
- Better Business Bureau Rating: A+
bankers fidelity medicare supplement rates
Prices for a Bankers Fidelity Medigap plan will vary depending on a variety of factors. These factors can include your location, gender, age, tobacco use and your health. To narrow down the prices of the most popular Medigap plans F, G, and N we can provide you custom quotes. Get started by clicking on “GET QUOTES” on this page.
Bankers Fidelity medicare supplement
Your out-of-pocket costs can quickly skyrocket when you’re only covered under Original Medicare. Bankers Fidelity understands that and their Medigap plans will help you pay for these gaps in coverage. These gaps include out-of-pocket costs such as deductibles, copays or coinsurance, as well as other health care costs.
What comes with your Bankers Fidelity Medicare Supplemental policy?
- Initial 12-month rate is locked in.
- A 30-day “free look period”
- Guaranteed renewable health insurance coverage — for life!
- Go to any hospital, see any doctor or specialist in the U.S.A. that accepts Medicare
- Most supplement plans have some foreign travel coverage
Benefits of a Bankers Fidelity Medigap plan?
- Strong market experience
- Quick processing of claims
- Sound financial history
- Rates that are competitive
- Excellent customer satisfaction
Bankers Fidelity medicare supplement plans
It’s really important for shoppers to know that all Medicare Supplement plans are federally standardized. What does this mean? In short, it means that Medigap plans have to cover the same benefits as other plans of the same plan letter. So a Plan G from Mutual of Omaha has the same exact benefits as a Plan G from Aetna or Cigna.
This step is sometimes lost during the Medicare supplement buying process. Make sure that you are looking and comparing at all the important factors before you decide on your Medicare supplement plan.
Let’s look over the Bankers Fidelity’s most popular Medicare supplement plans:
Bankers Fidelity Medicare Supplement Plan F
Bankers Fidelity Supplemental Plan F is popular with Medicare shoppers because of the comprehensive coverage that comes with Medicare Supplement Plan F. With Plan F, your only downside is that you’ll typically pay the highest price for this plan compared to Plan G or Plan N.
As of January 1, 2020, Plans C, F and High Deductible F cannot be sold to those newly eligible for Medicare. Newly eligible is defined as anyone who: (a) attains age 65 on or after January 1, 2020
Medicare
Medigap Plan F Coverage
| Medicare Supplement Benefits | Plan F Covers? |
|---|---|
| Medicare Part A coinsurance & hospital costs (up to additional 365 days after medicare benefits are used | Yes |
| Medicare Part B coinsurance or copayment | Yes |
| Blood (first 3 pints) 3 | Yes |
| Part A hospice care coinsurance or copayment | Yes |
| Skilled nursing facility care coinsurance | Yes |
| Part A deductible | Yes |
| Part B deductible | Yes |
| Part B excess charges | Yes |
| Foreign travel emergency (up to plan limits) | Yes |
Bankers Fidelity medicare supplement plan g
Medicare Supplement Plan G may overtake Plan F as the most popular plan. Medigap Plan G gives you all of the insurance benefits of a Plan F except you need to pay for your Part B deductible. Anyone who purchases a Bankers Fidelity Financial Medicare supplement Plan G will be responsible for paying their Part B deductible.
That’s the only difference compared to Plan F.
Medigap Plan G is a wonderful choice because you can potentially save money simply by paying your Part B deductible on your own.
Plan G also has shown a fairly stable rate increase history.
Plan G Coverage
| Medicare Supplement Benefits | Plan G Covers? |
|---|---|
| Medicare Part A coinsurance & hospital costs (up to additional 365 days after medicare benefits are used | Yes |
| Medicare Part B coinsurance or copayment | Yes |
| Blood (first 3 pints) 3 | Yes |
| Part A hospice care coinsurance or copayment | Yes |
| Skilled nursing facility care coinsurance | Yes |
| Part A deductible | Yes |
| Part B deductible | Yes |
| Part B excess charges | Yes |
| Foreign travel emergency (up to plan limits) | Yes |
Bankers Fidelity medicare supplement plan N
Medicare Supplement Plan N has also become popular recently. The potential savings that a Plan N can offer can be significant.
With Medicare Supplement Plan N, you will receive help paying for all of your coverage gaps except for the following:
- Part B deductible,
- Some copayments when visiting doctors, emergency rooms,
- Excess charges.
Affiliated Company Names
Here are all of Bankers Life affiliated brand names:
- BFLIC
- Bankers Fidelity
- Bankers Fidelity Life
- Bankers Fidelity Life Insurance Company
- Bankers Fidelity Assurance Company
- Atlantic American Corporation
Company Contact Information
Bankers Fidelity Medicare Supplement claims address:
PO Box 105652
Atlanta, GA 30348-5652
Bankers Fidelity Medicare Supplement provider phone number:
Phone:
1-800-241-1439
Our reviews of bankers fidelity medicare supplement
Bankers Fidelity get high marks from us for their Medigap plans, ratings, stability, history & financial strength in the Medicare market.
You’ll also get extra help when enrolling in a Bankers Fidelity Medigap plan with REMEDIGAP. You’ll get free support for the life of your policy and our service team will help you to overcome any issues that may come up with your Medigap plan.
Our service will not cost you a penny. That’s right — you get to pay the same exact premium as if you shopped direct with Bankers Fidelity.
Want to see Medigap quotes from your location for a Bankers Fidelity Supplement plan? We can provide you quotes from the top Medigap companies in your area for you to compare.
Contact us at 1-888-411-1329.
Michael Quinn is an independent licensed insurance agent with a passion for helping others navigate the complex world of Medicare insurance. With over a decade of experience in the field, Michael has established himself as a trusted advisor to countless individuals seeking guidance on their healthcare coverage options.
In 2013, Michael obtained his license as an insurance agent, laying the foundation for his successful career in the industry. Prior to that, he earned his Masters Degree in Communicative Disorders from the University of Central Florida, which equipped him with strong communication and interpersonal skills.
Driven by a genuine desire to make a positive impact on people's lives, Michael co-founded REMEDIGAP in 2013. It was created as a dedicated platform that aims to educate individuals about Medicare insurance. Through REMEDIGAP, Michael provides comprehensive resources and unbiased information to empower individuals to make informed decisions about their healthcare coverage.
With his extensive knowledge and expertise, Michael has been able to guide thousands of individuals towards finding the most suitable Medicare insurance plans tailored to their unique needs. His dedication to his clients' well-being, coupled with his passion for simplifying complex insurance concepts, has earned him a reputation as a compassionate and reliable advisor.
His work has appeared on many blogs and websites including, USA Today, Yahoo.com, Nerdwallet, Think Advisor, and REAL SIMPLE.
