Wellabe Medicare Supplement Plans
Founded: 1929
Home Office: Des Moines, Iowa
Medico Insurance Company (A Wellabe Company) provides Medicare Supplement plans, also known as Medigap plans, to individuals who want to enhance their Original Medicare coverage. These plans offer additional benefits that help policyholders manage out-of-pocket healthcare costs, including copayments, coinsurance, and deductibles. Medico's Medicare Supplement plans are designed to provide financial predictability and peace of mind by filling the gaps left by Original Medicare.
Medico's Medicare Supplement plans include various options such as Plan A, Plan B, Plan F, Plan G, and Plan N. Each plan offers different levels of coverage, allowing individuals to choose the one that best suits their specific healthcare needs and budget. For instance, Plan F provides comprehensive coverage, while Plan G and Plan N offer significant benefits with variations in cost-sharing and coverage details.
Insurance agents can present Medico's Medicare Supplement plans as valuable solutions for clients who want to enhance their healthcare coverage. Medico is renowned for its commitment to providing straightforward and reliable coverage options, and the range of plan choices enables agents to tailor their recommendations to individual clients. By offering Medico's Medicare Supplement plans, agents can help clients achieve greater financial security in healthcare and ensure they have access to necessary care without the burden of high out-of-pocket costs.
About Wellabe
Wellabe was founded by Watson Powell in 1929 as American Republic Insurance Company. From the beginning with 200 charter policies, our company was dedicated to providing personal insurance services at an affordable price.
Through sound fiscal responsibility, our young company survived the Great Depression, which came just six months later. By 1945, our company moved beyond our Iowa borders to do business in a second state, Minnesota, rapidly followed by more states. And today, Wellabe’s six insurance companies are licensed in 49 states and the District of Columbia and are recognized by AM Best as having excellent financial strength.
Mr. Powell’s vision was to create a company founded on the principal of caring. While we have seen tremendous growth over the years, that same caring attitude has carried on to today and will continue to carry on for the next 100 years as we unify under our new brand, Wellabe.
We are in a people helping people business, and our entire team is dedicated to always being here for our customers. That’s actually where the name Wellabe comes from – the phrase “we’ll always be.” We’ll always be here for our customers, fulfilling our promises and helping them be well. Even 90-plus years later, we are still caring for our customers, pushing boundaries, embracing growth, and transforming our organization.