Continental Life Insurance Medicare Supplements have been very popular in recent years. Here at our agency, we have thousands of people enrolled in Continental Life Medicare Supplement plans. In fact, we were the #1 producer in the nation for Aetna Medicare supplement products in 2016. We have a lot of experience with this dependable carrier.
Continental Life Insurance Company of Brentwood, Tennessee is a provider of health and life insurance in many states. As of 2006, it is a fully-owned subsidiary company of Aetna, Inc. Aetna is a financially sound insurance company, rated “A Excellent” by A.M. Best insurance rating organization.
For seniors who may find it a challenge balancing their budget with health care expenses, a Continental Life Medicare Supplement plan can help pay for those expenses not covered by original Medicare (Parts A & B). Continental Life Insurance has been offering senior supplemental products since 1983.
Continental Life Medicare Supplement Features
Medicare supplement insurance plans can help provide coverage where Original Medicare benefits leave off. These plans pay for your cost-sharing under Medicare, such as your hospital and outpatient copays and co-insurance.
As long as you pay your premiums, the insurance company will cannot cancel your coverage. It is guaranteed renewable for life. You can choose your own doctor without network restrictions. No referrals are necessary when you need to see a specialist. Your coverage is also portable, meaning you can use it anywhere in the nation. If you move, your plan goes with you.
Continental Life Medicare supplement products and plans vary by state. Our agency can quote this Medicare supplement in your area. We’ll check to see how rates compare with other big-name carriers like Mutual of Omaha or United Healthcare Medicare Solutions.
Continental Life Insurance Medigap Plans
Here is a brief overview of some of the Medigap plans available from Continental Life:
Continental Life Medicare Supplement Plan A
Plan A is the supplement with the least coverage. Even still, it covers 100% of your hospital copays and coinsurance. It also provides an additional 365 days after Medicare benefits are used up. It also pays for your share of blood and hospice. There is no coverage beyond what Medicare already pays for skilled nursing, Part A deductible, Part B deductible, and Part B excess charges. There is also no coverage for foreign travel emergency.
Continental Life Medicare Supplement Plan B
Medigap Plan B covers everything that Plan A covers as well as your Part A hospital deductible. This is a relief if you have an inpatient stay. Medigap Plan A does not cover your cost-sharing for skilled nursing, Part B deductible, Part B excess charges or foreign travel emergency.
Continental Life Medicare Supplement Plan F
Plan F is the most comprehensive Medicare supplement insurance plan available. It covers all of you coinsurance and copays for both Part A and Part B. It also covers your cost-sharing for blood, skilled nursing, excess charges and hospice. In addition, Plan F provides up to 50,000 of foreign travel emergency coverage.
Industry professionals call Medicare Supplement Plan F “first-dollar coverage”. We call it this because you literally will not pull out your wallet for any Part A or B covered services. This even includes very expensive items like surgeries and chemotherapy.
Continental Life Medicare Supplement Plan G
Plan G offers most of the same coverage as Plan F so it is still a comprehensive coverage package. It is usually slightly cheaper than Plan F. The only difference between the two plans is that there is no coverage for the Part B deductible.
Continental Life Medicare Supplement Plan N:
Plan N offers a good amount of coverage for the price except for the Part B deductible and the Part B excess charges which you will pay on your own. There is no coverage under this plan for those items. In addition, people with Plan N will pay up to $20 per doctor visit and up to $50 for an emergency room visit. It does, however, include the foreign travel emergency benefits.
Continental Life Insurance Medicare Eligibility and Open Enrollment
You are eligible to buy a Medicare supplement plan after you reach age 65 and have applied for original Medicare Parts A and B. For the first 6 months after you begin Part B, there is an open enrollment period for any Medigap plan. You cannot be denied coverage or charged a higher premium based on any medical conditions during this enrollment window.
After the open enrollment period ends, you no longer have guaranteed acceptance so the best time to buy is during the open enrollment period.
Continental Life Insurance Company has a good record and is backed by its parent company, Aetna who has a long standing good reputation and excellent financial strength ratings. There are a variety of plans to choose from no matter your budget or medical needs.
Our Review of Continental Life Medicare Supplements
We easily give this carrier 5 stars for stability, financial strength, and longevity in the Medicare market. Parent company Aetna has been around forever.
There is a also huge advantage to you for enrolling in your Continental Life Medicare Supplement through Boomer Benefits. You get free claims support for the life of your policy. This means that if Medicare denies a claim or your doctor mis-codes any billing, you just call Boomer Benefits. Our amazing Client Service Team will work with you to resolve it.
Our service is absolutely free. You’ll pay the same premium as if you had enrolled direct with Continental Life Insurance.
Want to see quotes for Continental Life Insurance Medicare Supplements in your area today? We can quote 30 carriers to compare rates in your area. Contact us at 1-855-732-9055.