Medico Insurance Company offers several insurance products in a number of states, including Medicare Supplement Insurance (Medigap) plans.
Medico has roots that date back to 1930 and is has a team of more than 20,000 brokers and agents.1
Medicare Supplement Insurance (also called Medigap) plans help cover some of the out-of-pocket expenses associated with Original Medicare (Medicare Part A and Part B).
These costs can include things like certain Medicare deductibles, copayments and coinsurance.
You can use the comparison chart below to compare the benefits that are offered by each of the 10 types of standardized Medicare Supplement Insurance plans available in most states.
|Medicare Supplement Benefits||A||B||C||D||F1||G||K2||L3||M||N4|
|Part A co-insurance and hospital costs||✓||✓||✓||✓||✓||✓||✓||✓||✓||✓|
|Part B co-insurance or co-payment||✓||✓||✓||✓||✓||✓||50%||75%||✓||✓|
|First 3 pints of blood||✓||✓||✓||✓||✓||✓||50%||75%||✓||✓|
|Part A hospice care co-insurance or co-payment||✓||✓||✓||✓||✓||✓||50%||75%||✓||✓|
|Co-insurance for skilled nursing facility||✓||✓||✓||✓||50%||75%||✓||✓|
|Medicare Part A deductible||✓||✓||✓||✓||✓||50%||75%||50%||✓|
|Medicare Part B deductible||✓||✓|
|Medicare Part B excess charges||✓||✓|
|Foreign travel emergency||80%||80%||80%||80%||80%||80%|
|1. Plan F offers a high-deductible plan. This plan requires you to pay a $2,300 deductible in 2019 before it covers anything.
2. Plan K has an out-of-pocket yearly limit of $5,560 in 2019. After you pay the out-of-pocket yearly limit and yearly Part B deductible, it pays 100% of covered services for the rest of the calendar year.
3. Plan L has an out-of-pocket yearly limit of $2,780 in 2019. After you pay the out-of-pocket yearly limit and yearly Part B deductible, it pays 100% of covered services for the rest of the calendar year.
4. Plan N pays 100% of the Part B coinsurance, except for a copayment of up to $20 for some office visits and up to a $50 copayment for emergency room visits that don’t result in an inpatient admission.
View an image version of this table.
Medico Insurance Company and its subsidiaries offer various Medicare Supplement Insurance plans in a number of states.2
Medico holds over $2.4 billion in assets and has around 250,000 active policies.1
All Medico-branded companies maintain an A- (Excellent) rating and stable outlook with AM Best.1
You can learn more about Medicare Supplement Insurance in your area by clicking on your state from the list below.
Learn more about Medicare Supplement Insurance plans, including how 2020 changes may affect certain plans.
Learn more about Medicare Supplement InsuranceVisit MedicareSupplement.com
* MedicareSupplement.com does not offer plans from Medico Insurance Company. This page is presented for informational purposes only for consumers to learn basic information about recognized Medicare Supplement Insurance Carriers. This article does not represent any relationship or affiliation with Medico Insurance Company.
Copyright 2019 TZ Insurance Solutions LLC. All rights reserved.
1 Medico. About Us. Retrieved June 2019, from www.gomedico.com/about-us.
A.M. Best rating as of April, 2019. The A- (Excellent) rating is the fourth highest of 15 possible ratings given by AM Best. As an independent non-government company, AM Best does not recommend products or services but provides independent opinions of a company's overall financial strength.
2 Medico Insurance Company, Medico Corp Life Insurance Company, and Medico Life and Health Insurance Company are not financially responsible for each other’s products.
MedicareAdvantage.com is a website owned and operated by TZ Insurance Solutions LLC. TZ Insurance Solutions LLC and TruBridge, Inc. represent Medicare Advantage Organizations and Prescription Drug Plans having Medicare contracts; enrollment in any plan depends upon contract renewal.
Plan availability varies by region and state. For a complete list of available plans, please contact 1-800-MEDICARE (TTY users should call 1-877-486-2048), 24 hours a day/7 days a week or consult www.medicare.gov.
Medicare has neither reviewed nor endorsed this information.
MedicareSupplement.com is owned and operated by TZ Insurance Solutions LLC. It serves as an invitation for you, the customer, to inquire about further information regarding Medicare Supplement Insurance. TZ Insurance Solutions LLC and the licensed insurance agents who may call you are not connected with or endorsed by the U.S. Government or the federal Medicare program. Medicare has neither reviewed nor endorsed the information contained on MedicareSupplement.com.