The North Carolina State Board of Insurance has licensed Medico Insurance Company to sell Medico Medigap plans (Medicare Supplement insurance) to North Carolina seniors with Medicare benefits. A Medicare Supplement protects you from hospital and doctor bills, including deductibles, copayments and coinsurance, that Original Medicare does not pay. The company has been selling supplements for more than 20 years. Their full range of plans for North Carolina seniors are listed below. Medico received an B+ rating from A.M. Best Company, the leading provider of credit ratings and financial data for the insurance industry.
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.
North Carolina seniors with Medicare benefits are eligible to apply for a Medico Insurance Company Medigap Plan A policy. It's a Attained Age based premium. We recommend comparing this company's Plan A rate with these carriers:
- Central States Medigap Plan A (North Carolina)
- United of Omaha Medigap Plan A (North Carolina)
- American Continental Medigap Plan A (North Carolina)
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 North Carolina. Medico Insurance Company offers a good Medigap Plan F, however, don't forget to compare prices. Make sure you're getting the lowest premium available in North Carolina by comparing quotes from these insurance carriers:
- World Corp Medigap Plan F (North Carolina)
- Central States Medigap Plan F (North Carolina)
- United of Omaha Medigap Plan F (North Carolina)
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:
- Central States Medigap Plan N (North Carolina)
- American Continental Medigap Plan N (North Carolina)
- GPM Life Medigap Plan N (North Carolina)
You are eligible to apply for a Medico Medicare Supplement if you are:
- A resident of North Carolina,
- Enrolled in Medicare Parts A and B, and
- You are age 65 or over.
Medico offers plans in Charlotte, Gastonia, Concord, Raleigh, Greensboro, High Point, Winston, Salem, Durham, Fayetteville, Cary, Wilmington, Ashville, Jacksonville, Chapel Hill, Rocky Mount, Burlington, Wilson and most other areas of the state.
This page is maintained by 9/22/2015.and was last updated on