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||C1||D||F1||G||K||L||M||N|
|Part A coinsurance and hospital costs||✓||✓||✓||✓||✓||✓||✓||✓||✓||✓|
|Part B coinsurance or copayment||✓||✓||✓||✓||✓||✓||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. Plans C and F are not available to new beneficiaries who became eligible for Medicare on or after January 1, 2020.
2. Plans F and G also offer a high deductible plan which has an annual deductible of $2,370 in 2021. Once the annual deductible is met, the plan pays 100% of covered services for the rest of the year. The high deductible Plan F is not available to new beneficiaries who became eligible for Medicare on or after January 1, 2020.
3. Plan K has an out-of-pocket yearly limit of $6,220 in 2021. Plan L has an out-of-pocket yearly limit of $3,110 in 2021.
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 $50 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 $2.6 billion in assets and has around 685,565 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
1 Medico. 2019 Annual Report. Retrieved December 2020, from www.gomedico.com/about-us.
A.M. Best rating as of December, 2020. 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.
* 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.
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