Cigna’s global corporations; based in Bloomfield Connecticut, carries a wide variety of insurance products for over 70 million people around the world. Cigna provides many insurance products for health, disability, accident, life as well as Cigna Medicare Supplements.
Cigna Medicare Supplements are made available in many of the states and will sometimes sell Medigap plans under subsidiary companies as with CHLIC, American Retirement Life or Loyal American. This is all still part of a great family of companies who is well known for having stable rates year to year. This is important with Medigap health insurance.
Cigna Medicare supplements offer policies with competitive premiums in many of the states like many Medicare supplement companies do.
You need to remember when using any Medicare supplement; Medicare is your base insurance and if you make sure to pay both your Medicare and Cigna Medicare supplement premiums your policy will stay in force regardless of what your current health status is.
Most people who decide to use Medicare supplements do this to ensure they have the freedom of choice should a serious condition arise, and they need to choose the top specialist in the are or country. This is provided the doctor accepts the Original Medicare, then the doctor will accept your Cigna Medicare supplement as well.
Medicare receives and processes your claims; pays there share of your bill. Once this is done Medicare sends the balance of the bill to your Cigna Medicare supplement.
Cigna offers the different standardized Medicare options available. What is covered will depend on the type of plan you enroll in. Supplemental insurance might cover Medicare Part A hospital deductibles or co-insurance as well as your Medicare Part B outpatient deductibles and coinsurance.
Below we look at two of the most popular Cigna Medicare Supplements.
Cigna Medicare Supplements like all other Medicare supplemental companies are standardized by the federal government. You can be assured that when purchasing a Cigna Medicare Supplemental insurance, your Plan F will contain the exact benefits as any other Medicare Plan F.
Plan F is considered one of the more complete Medigap plans on the market covering almost every gap found in Medicare Part A & Medicare Part B plans. With Plan F your out of pocket expenses are covered for any hospital and outpatient medical services. So, there are no deductibles or coinsurance that needs to be met while in the hospital to have surgery. Your doctor’s visits, ambulance rides, labwork, chemotherapy and more are also covered.
Plan G Medigap plan is the section most popular plan in the nation covering the same items found in Plan F except for the Part B deductible.
Going to your first outpatient visit for any calendar year you have to pay the Part B deductible which is out of pocket and then your plan will work the same as a Plan f for the remainder of the year.
There are a couple reasons a lot of people are going to a Plan G over Plan F is that first you will have a lower premium, and many don’t mind paying a one-time deductible for lower premiums. Then the second is the Plan G will often have lower premium rate increases year to year over the Plan F. Plan G is a great choice for many people.