|Plan Type||Est. Premium*|
|Medigap Plan A:||$97.73||(shop rates)|
|Medigap Plan C:||$125.03||(shop rates)|
|Medigap Plan F:||$158.37||(shop rates)|
|Medigap Plan L:||$94.67||(shop rates)|
|Medigap Plan N:||$81.90||(shop rates)|
*Premiums shown are samples for a 65 year old, non-smoking woman in Indiana. You must request a quote to get an exact premium for your situation.
The Indiana State Board of Insurance has licensed Everence Association Inc. to sell Everence Association Medigap plans (Medicare Supplement insurance) to Indiana 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.). The underwriter has been selling supplemental insurance in Indiana for over 20 years. Their plan offerings are outlined below. Everence Association received an 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.
Indiana seniors with Medicare benefits are eligible to apply for a Everence Association Inc. Medigap Plan A policy. It's a Issue Age based premium. We recommend comparing this company's Plan A rate with these carriers:
- Combined Medigap Plan A (Indiana)
- Globe Life Medigap Plan A (Indiana)
- UnitedHealthcare Medigap Plan A (Indiana)
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 Everence Association Inc. offers it in Indiana. The monthly premium is calculated using the Issue Age cost method. Before you make a final decision, be sure to compare. Here are a few companies with good rates:
- Forethought Life Medigap Plan C (Indiana)
- Central States Medigap Plan C (Indiana)
- Globe Life Medigap Plan C (Indiana)
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 Indiana. Everence Association Inc. offers a good Medigap Plan F, however, don't forget to compare prices. Make sure you're getting the lowest premium available in Indiana by comparing quotes from these insurance carriers:
- Heartland National Medigap Plan F (Indiana)
- Medico Medigap Plan F (Indiana)
- Forethought Life Medigap Plan F (Indiana)
Plan L offers many of the same basic benefits as other plans at a much lower monthly premium. The low premium is available because Plan L covers less of the copayments and coinsurance than other supplemental plans. The good news is that you are covered by an annual out-of-pocket maximum, which limits the amount you will be required to pay, should you need the care.
Plan L is a good option if you need a policy with an affordable premium, but still want a reasonable amount of coverage for a wide variety of services. Plan L is like Plan K, but it covers a higher percentage of your costs, has a lower annual out-of-pocket limit ($2,470 in 2015), and the monthly premium is only slightly higher.
The Medigap Plan L offered by Everence Association Inc. offers all of the basic benefits and pays 75% of your deductibles, skilled nursing care and blood. You are required to pay the Medicare Part B excess charges, and the plan does not offer coverage when you travel outside of the United States. The maximum out of pocket limit for Plan L is about $2,500 (compared to as much as $6,700 with Medicare Advantage). Compare Everence Association Inc. 's Plan L with the premiums from these carriers:
- UnitedHealthcare Medigap Plan L (Indiana)
- Thrivent Financial Medigap Plan L (Indiana)
- Transamerica Medigap Plan L (Indiana)
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:
- Heartland National Medigap Plan N (Indiana)
- Forethought Life Medigap Plan N (Indiana)
- Central States Medigap Plan N (Indiana)
You are eligible to apply for a Everence Association Medicare Supplement if you are:
- A resident of Indiana,
- Enrolled in Medicare Parts A and B, and
- You are age 65 or over.
Everence Association offers plans in Fort Wayne, Evansville, South Bend, Noblesville, Bloomington, Fishers, Hammond, Gary, Muncie, Lafayette, Terre Haute, Greenwood, Elkhart, Indianapolis, Carmel, Anderson and most other areas of the state.
This page is maintained by 9/22/2015.and was last updated on