|Plan Type||Est. Premium*|
|Medigap Plan A:||$87.88||(shop rates)|
|Medigap Plan B:||$113.45||(shop rates)|
|Medigap Plan C:||$135.97||(shop rates)|
|Medigap Plan D:||$124.45||(shop rates)|
|Medigap Plan F:||$139.75||(shop rates)|
|Medigap Plan G:||$122.97||(shop rates)|
|Medigap Plan N:||$97.83||(shop rates)|
*Premiums shown are samples for a 65 year old, non-smoking woman in Colorado. You must request a quote to get an exact premium for your situation.
The Colorado State Board of Insurance has licensed United Commercial Travelers of America to sell United Commercial Travelers Medigap plans (Medicare Supplement insurance) to Colorado seniors with Medicare benefits. Supplemental insurance protects you from hospital and doctor bills not covered by Original Medicare (e.g., deductibles, copayments and coinsurance, etc.). This insurance carrier has participated in the supplement insurance market for 24 years and offers a range of plans for Colorado seniors (see plans offered below). A.M. Best Company, a nationally recognized insurance rating company, gave United Commercial Travelers an B+ rating.
All insurance companies that sell Medicare Plans must offer Plan A. This is the most basic policy covering the portions of Medicare Part A and Part B that the government doesn’t pay.
Colorado seniors with Medicare benefits are eligible to apply for a United Commercial Travelers of America Medigap Plan A policy. It's a Attained Age based premium. We recommend comparing this company's Plan A rate with these carriers:
- UnitedHealthcare Medigap Plan A (Colorado)
- Globe Life Medigap Plan A (Colorado)
- Sentinel Security Medigap Plan A (Colorado)
Plan B is available in most states. It covers basic benefits plus your Skilled Nursing coinsurance, but nothing else. In some rare cases, the premium for this policy could make it worth taking on the risk of those things not covered. Most people find a better alternative by choosing a Plan D, G, or H at a similar price.
You can get Plan B in Colorado from United Commercial Travelers of America . They use the Attained Age cost method to calculate their monthly rates. Before making your final decision, you might want to compare premiums with these carriers:
- Sentinel Security Medigap Plan B (Colorado)
- Central States Medigap Plan B (Colorado)
- UnitedHealthcare Medigap Plan B (Colorado)
Plan C covers every penny of what Medicare approves, up to the approved payment amount. In other words, there are only two instances in which Plan C will not cover what is left of your charges after Medicare pays its share. The first instance is when Medicare doesn’t approve the charge at all. The second is when your healthcare provider charges more than the Medicare approved amount. This is because Plan C does not cover Medicare Part B Excess Charges.
If you take care to avoid the Medicare Part B excess charges, this is an attractive policy, and United Commercial Travelers of America offers it in Colorado. The monthly premium is calculated using the Attained Age cost method. Before you make a final decision, be sure to compare. Here are a few companies with good rates:
- Sentinel Security Medigap Plan C (Colorado)
- Central States Medigap Plan C (Colorado)
- Medico Medigap Plan C (Colorado)
Plan D covers most of the high risk areas not covered by Medicare. Most often the premium for a Plan D is less than the more comprehensive plans, like Plan F and G, but it leaves gaps in the coverage that these plans don’t.
People who choose this plan frequently do so because they are willing to risk the potential expense of the Part B deductible, preventative care and Medicare Part B excess charges. Before purchasing this plan be sure to compare rates on Plan F and G, as well.
United Commercial Travelers of America offers a Plan D policy in Colorado. It's not the most common plan, but here are a couple carriers we think you should check out to see if they offer a better price:
- Sentinel Security Medigap Plan D (Colorado)
- Assured Life Association Medigap Plan D (Colorado)
- Heartland National Medigap Plan D (Colorado)
Plan F is the most popular of all supplements. It offers comprehensive coverage for everything Original Medicare doesn’t cover as long as the charge is approved.
There are No Co Pays, No Deductibles and No Out of Pocket Costs with Plan F. That means if your Medicare Part A or Part B pay a penny on any doctor or hospital charges, this policy will cover the gap. Period.
The two gaps that are not covered are At Home Recovery and Preventative Care. These expenses are not covered by Medicare at all.
Plan F is by far the most commonly purchased Medicare supplement in Colorado. United Commercial Travelers of America offers a good Medigap Plan F, however, don't forget to compare prices. Make sure you're getting the lowest premium available in Colorado by comparing quotes from these insurance carriers:
- Sentinel Security Medigap Plan F (Colorado)
- Medico Medigap Plan F (Colorado)
- Heartland National Medigap Plan F (Colorado)
Plan G has almost as much coverage as a Plan F. The difference is the Part B deductible. After your annual Medicare Part B deductible is met, this plan will cover the coinsurance amount of Medicare-approved medical services, which is generally 20% of the approved amount.
If you stay in the hospital for longer than 60 days, but less than 90 days, Plan G covers your Medicare Part A coinsurance for each benefit period. For each Medicare “hospital reserve day” you use, Plan G pays the full per day Medicare Part A coinsurance amount. “Hospital reserve days” are 60 nonrenewable hospital days that Medicare provides you which can only be used once in a lifetime. After all Medicare hospital benefits are exhausted, Plan G covers 100% of Medicare Part A eligible hospital expenses.
Most experts agree that Plan G is the best alternative to the F Plan. It offers all of the same benefits, except the Part B deductible. United Commercial Travelers of America offers a Plan G and we think it's worth comparing with the rates offered by these carriers:
- Assured Life Association Medigap Plan G (Colorado)
- Medico Medigap Plan G (Colorado)
- Heartland National Medigap Plan G (Colorado)
Offering benefits similar to Plan D, Plan N features a $20 co-payment for doctor visits and a $50 co-payment for emergency room visits. These co-pays are applied once the annual deductible is met. Most Plan N premiums are approximately 70% of a Plan F and 77% of Plan D premiums.
Plan N gives you all of the basic coverage benefits, plus it pays your Medicare Part A deductible. You pay the Part B deductible and the Part B excess charges. You are also responsible for a $20 co-pay when you visit the doctor and up to $50 for each emergency room visit. If saving money is your goal, this plan will help. Compare premiums with these carriers before you buy:
- Sentinel Security Medigap Plan N (Colorado)
- Heartland National Medigap Plan N (Colorado)
- Central States Medigap Plan N (Colorado)
You are eligible to apply for a United Commercial Travelers Medicare Supplement if you are:
- A resident of Colorado,
- Enrolled in Medicare Parts A and B, and
- You are age 65 or over.
United Commercial Travelers offers plans in Denver, Aurora, Colorado Springs and most other areas of the state.
This page is maintained by 9/22/2015.and was last updated on