|Plan Type||Est. Premium*|
|Medigap Plan A:||$107.37||(shop rates)|
|Medigap Plan F:||$150.02||(shop rates)|
|Medigap Plan G:||$125.84||(shop rates)|
|SELECT Plan F:||$124.52||(shop rates)|
|SELECT Plan G:||$104.97||(shop rates)|
*Premiums shown are samples for a 65 year old, non-smoking woman in Alabama. You must request a quote to get an exact premium for your situation.
The Alabama State Board of Insurance has licensed Gerber Life Insurance Co to sell Gerber Life Medigap plans (Medicare Supplement insurance) to Alabama seniors with Medicare benefits. Medicare Supplements help pay the deductibles, copayments and coinsurance that come with Original Medicare. The underwriter has been selling supplemental insurance in Alabama for over 3 years. Their plan offerings are outlined below. Gerber Life received an A 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.
Alabama seniors with Medicare benefits are eligible to apply for a Gerber Life Insurance Co 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 (Alabama)
- Globe Life Medigap Plan A (Alabama)
- Central States Medigap Plan A (Alabama)
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 Alabama. Gerber Life Insurance Co offers a good Medigap Plan F, however, don't forget to compare prices. Make sure you're getting the lowest premium available in Alabama by comparing quotes from these insurance carriers:
- Central States Medigap Plan F (Alabama)
- Combined Medigap Plan F (Alabama)
- Philadelphia American Medigap Plan F (Alabama)
Medicare SELECT is a managed care supplement plan (like an HMO or PPO) for Medicare beneficiaries. If you purchase this plan, Gerber Life Insurance Co requires you to use the hospitals and, in some instances doctors, within the company's network. Other than that, this policy offers you the same great coverage as a standard Plan F. Compare the premium on this plan with these carriers to be sure you're getting the best price:
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. Gerber Life Insurance Co offers a Plan G and we think it's worth comparing with the rates offered by these carriers:
- Sterling Investors Medigap Plan G (Alabama)
- Philadelphia American Medigap Plan G (Alabama)
- GPM Life Medigap Plan G (Alabama)
Like a regular Plan G, the Medicare SELECT offers good coverage for a reduced price. Gerber Life Insurance Co offers this Medicare SELECT policy to Alabama seniors. It's a managed care supplement plan, so be sure to review the restrictions and compare premiums:
You are eligible to apply for a Gerber Life Medicare Supplement if you are:
- A resident of Alabama,
- Enrolled in Medicare Parts A and B, and
- You are age 65 or over.
Gerber Life offers plans in Birmingham, Auburn, Decatur, Dothan, Huntsville, Mobile, Montgomery, Tuscaloosa and most other areas of the state.
This page is maintained by 9/22/2015.and was last updated on