United World Life Medicare Supplement Plans

United World Life Medicare Supplement plan options, cost comparisons, when to enroll, and overall rating and reviews.

United World Life Medicare Supplement Plans offer various options to meet Medicare recipients’ health care needs. Many seniors quickly find out that traditional Medicare coverage (Original Medicare Part A and Part B) is not enough to cover all of their medical expenses. A Medicare Supplement insurance plan provides additional health coverage and protects against high out-of-pocket costs.

Established in 1983, United World Life Insurance Company is a subsidiary of Mutual of Omaha, an insurance and financial services company. Its insurance products include life and accident insurance policies as well as Medicare Supplement Plans.

United World Life uses an automated underwriting process that enables the company to issue policies within four days. It delivers excellent customer service and has a successful track record.

Medicare Supplement Plans Offered by United World Life

Medicare Supplement insurance covers out-of-pocket expenses left over after Original Medicare (Medicare Part A and Part B) pays its share of a claim. Also known as a Medigap policy, Medicare Supplement insurance plans cover expenses such as deductibles, copayments, and coinsurance. United World Life sells six of the 10 standardized Medigap policies available.

Plan options include:

  • Plan A
  • Plan B
  • Plan F
  • Plan G
  • Plan M
  • Plan N

Each plan letter is identical in 47 states. (Plan A is the same in Florida as in North Dakota.) The plans are standardized in Minnesota, Massachusetts, and Wisconsin but have different terms than in the other 47 states. United World Life does not sell Plan C, Plan D, Plan K, or Plan L.

The plan options differ in cost and benefits. An insurance agent can review the plan options and find one that fits your health care needs and finances.

Under federal guidelines, no Medigap policy pays for the Medicare Part B deductible for seniors eligible for Medicare after Jan. 1, 2020. Medigap plans only cover Medicare-approved services, so they do not include perks such as vision or dental.

Medicare Supplement Plan G

Medicare Supplement Plan G provides the same health insurance as Plan F except for the Part B deductible:

  • Medicare Part A coinsurance
  • Part A hospice copayment
  • Medicare Part B copayment
  • Medicare Part B coinsurance
  • First 3 pints of blood
  • Medicare Part A deductible (100%)
  • Part B excess charges
  • Preventive care for Part B charges
  • Skilled nursing facility care coinsurance
  • Foreign travel emergency coverage (80%)

Plan G is gaining popularity among seniors who become eligible for Medicare Supplement Insurance Plans after Jan. 1, 2020. It has a lower premium than Plan F because it does not cover the Medicare Part B deductible, but it still provides security through comprehensive coverage.

Medicare Supplement Plan N

Medicare Supplement Plan N allows seniors to get solid coverage at a reduced cost. In return for a lower premium, Medicare beneficiaries pay a $20 copayment for each doctor visit and a $50 copay for each emergency room visit. If your doctor admits you from the ER, Plan N waives the $50 copay.

Plan N covers the following expenses:

  • Medicare Part A coinsurance
  • Part A hospice copayment
  • Medicare Part B copayment
  • Medicare Part B coinsurance
  • First 3 pints of blood
  • Medicare Part A deductible (100%)
  • Skilled nursing facility care coinsurance
  • Foreign travel emergency coverage (80%)

Medicare Supplement Plan F

Plan F is the most popular Medicare Supplement Insurance Plan United World Life offers because it offers the most coverage.

Plan F covers everything Plan B covers plus additional benefits:

  • Medicare Part A coinsurance
  • Part A hospice copayment
  • Medicare Part B copayment
  • Medicare Part B coinsurance
  • First 3 pints of blood
  • Medicare Part A deductible (100%)
  • Part B deductible
  • Part B excess charges
  • Preventive care for Part B charges
  • Skilled nursing facility care coinsurance
  • Foreign travel emergency coverage (80%)

Because Plan F offers the most coverage, it has the highest monthly premium. Seniors who want comprehensive coverage but are willing to pay more out-of-pocket before coverage kicks in might be interested in the high deductible Plan F option. In return for the higher cost-sharing, high deductible Plan F offers lower premiums than Plan F.

Plan F and high deductible Plan F are not available to seniors who become eligible for Medicare coverage after Jan. 1, 2020 (those born after Jan. 1, 1955). However, if you’re eligible for Medicare coverage before Jan. 1, 2020, you can still buy Medicare Supplement Plan F and high deductible Plan F.

Medicare Supplement Plan A

Medicare Supplement Insurance Plan A has the most basic benefits available.

Plan A covers the following:

  • Medicare Part A coinsurance
  • Part A hospice copayment
  • Medicare Part B copayment
  • Medicare Part B coinsurance
  • First 3 pints of blood

Plan A typically has the lowest monthly premium among United World Life Medicare Supplement Plans.

Medicare Supplement Plan B

Plan B covers everything that Plan A covers, plus the Medicare Part A deductible:

  • Medicare Part A coinsurance
  • Part A hospice care coinsurance
  • Medicare Part B copayment
  • Medicare Part B coinsurance
  • First 3 pints of blood
  • Medicare Part A deductible (100%)

Medicare Supplement Plan M

United World Life Medicare Supplement Plan M offers a lower premium than Plans G or F while still providing good coverage:

  • Medicare Part A coinsurance
  • Part A hospice copayment
  • Medicare Part B copayment
  • Medicare Part B coinsurance
  • First 3 pints of blood
  • Medicare Part A deductible (50%)
  • Skilled nursing facility coinsurance
  • Foreign travel emergency (80%)

How much do United World Life Medicare Supplements cost?

Medigap Plan Premium Gender/Age State
Plan F $195.09 Male age 70 TX
Plan G $105.62 Female age 65 OH
Plan N $91.46 Female age 65 PA
High G n/a n/a FL
Plan A $185.93 Male age 65 CA
These sample rates are subject to Medicare Part B start date, and or medical underwriting.

How to enroll in a United World Life Medicare Supplement Plan

The ideal time to enroll in a United World Life Medicare Supplement Plan is during your Medigap Open Enrollment Period. Open enrollment is a six-month period that starts when you turn 65 and enroll in Medicare Part B.

Buying a supplement plan during open enrollment guarantees that the insurance company will accept your application. You can buy supplement coverage at other times, but the carrier usually requires medical underwriting. As a result, you risk the carrier charging a higher price based on pre-existing conditions or rejecting your application entirely.

United World Life Medicare Supplement Reviews

United World Life Medicare Supplement insurance plans have no provider network restrictions. You are free to see any health care provider or seek care at any facility as long as the providers and facilities accept Original Medicare. That’s good news for seniors who might need health care treatment while traveling.

Backed by the financial stability of Mutual of Omaha, United World Life shares the excellent financial ratings of its parent company:

  • A+ rating from AM Best
  • A1 rating from Moody’s
  • A+ rating from Standard & Poor’s

United World Life also gets excellent reviews from policyholders as a Medicare Supplement insurance company.

Here are a few advantages of choosing Medicare Supplement policies through United World Life:

  • Excellent customer service
  • Household discount depending on location
  • Guaranteed policy renewal
  • Free “30-day look period”
  • Outstanding claims support
  • Quick issue of policy

If you are interested in a Medigap plan to supplement your Medicare benefits, give one of our licensed insurance agents a call. We will help you find the plan that is right for you.