United American Medicare Supplement Plans
United American Insurance provides life, supplemental health, and accident insurance coverage to individuals, families, and Seniors. UA is licensed in 49 states, the District of Columbia, and Canada. The Company conducts its business in New York through its wholly-owned subsidiary First United American Life Insurance Company.
United American Medicare Supplement Highlights:
- Ultra-competitive premiums.
- Excellent commissions with lifetime renewals.
- Quick turnaround on New Business.
Medicare Supplement plans are regulated by the State Department of Insurance and offered by private insurance companies. These plans are separate from Medicare Part A and Part B. Medicare Part A is required coverage and Part B is optional. Medicare Supplements are purchased to provide extra insurance coverage in addition to Medicare Part A and Part B.
Some states require designated Medicare Supplement plans also be available to people under age 65 and eligible for Medicare due to disability (different application forms may be required). Policy benefits are identical for people over or under age 65. Premiums are based on Preferred or Standard, age, sex, State/Area.
A Medicare Supplement plan would help pay some of the cost. For example, some Medicare Supplement plans cover the Medicare Part A deductible and excess doctor’s charges. Excess doctor’s charges, as defined by Medicare, are charges not approved by Medicare that you are still responsible for paying.
What Do United American Medicare Supplement Plans Offer?
Here are a few common features of Medicare Supplements:
- Guaranteed renewable.
- Portable – policy stays in force even if you move or change jobs.
- Policy can’t be canceled as long as premiums are paid on time.
- Also available as a group plan.