Colonial Penn - Maine Medigap Plan

Colonial Penn Life Insurance Co (formerly Conseco Direct Life Insurance Co) is licensed with the Maine State Board of Insurance to sell Medicare Supplement (Medigap) policies to seniors with Medicare Benefits in Maine. With an affordable monthly premium, Medicare Supplemental insurance plans provide senior's with coverage of the parts of hospital and doctor bills that are not covered by your Original Medicare Benefits. Colonial Penn has provided Medicare Supplemental Health Insurance in Maine for 14 years and offers a range of Medigap plans for Maine seniors. See plans offered below. Colonial Penn received an B+ rating from A.M. Best Company, the leading provider of credit ratings and financial data for the insurance industry.

Medigap Plan A

Colonial Penn Life Insurance Co (formerly Conseco Direct Life Insurance Co) provides Medicare Supplement Plan A to Maine seniors with Medicare Benefits. It's a Community Rated based premium. We suggest comparing this company's Plan A rate with other carriers:

• Transamerica Maine Medicare Supplements
• Globe Life Maine Medicare Supplements
• UnitedHealthcare Maine Medicare Supplements

Medigap Plan B

YMedicare Supplement Plan B is available from Colonial Penn Life Insurance Co (formerly Conseco Direct Life Insurance Co) in Maine. They use the Community Rated cost method to calculate their monthly rates. Compare premiums with these carriers:

• Transamerica Maine Medicare Supplements
• UnitedHealthcare Maine Medicare Supplements
• Globe Life Maine Medicare Supplements

Medigap Plan F

Plan F is the most purchased Medicare supplement in Maine. It covers 100% of the approved expenses that your Original Medicare does not pay (approximately 20%). Compare Colonial Penn Life Insurance Co (formerly Conseco Direct Life Insurance Co) to other plans:

• Transamerica Maine Medicare Supplements
• Anthem Maine Medicare Supplements
• UnitedHealthcare Maine Medicare Supplements

Medigap Plan G

Medicare Supplement Plan G is widely considered a great alternative to the F Plan. It provides all of the same benefits except the Part B deductible. Colonial Penn Life Insurance Co (formerly Conseco Direct Life Insurance Co) offers a Plan G worth comparing against these companies:

• Transamerica Maine Medicare Supplements
• Anthem Maine Medicare Supplements
• GPM Life Maine Medicare Supplements

Medigap Plan K

With Plan K, there is up to $4,660 in out-of-pocket costs. Plan K is offered by Colonial Penn Life Insurance Co (formerly Conseco Direct Life Insurance Co) in Maine. Premiums for a Plan K can vary. Compare prices with these carriers:

• UnitedHealthcare Maine Medicare Supplements
• Transamerica Maine Medicare Supplements
• Humana Maine Medicare Supplements

Medigap Plan L

Medicare Supplement Plan L covers basic benefits and 75% of 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 $2,330 (2012 limit). Compare Colonial Penn Life Insurance Co (formerly Conseco Direct Life Insurance Co)'s Plan L with the premiums from these carriers:

• UnitedHealthcare Maine Medicare Supplements
• Transamerica Maine Medicare Supplements
• Humana Maine Medicare Supplements

Medigap Plan M

Plan M is a good plan for a beneficiary on a budget. With all Plan M providers, including Colonial Penn Life Insurance Co (formerly Conseco Direct Life Insurance Co), it only pays 50% of your Medicare Part A. You pay the Part B deductible and Part B excess charges. This plan is not offered by many carriers, so be sure to compare premiums with these carriers:

• Harvard Pilgrim Maine Medicare Supplements
• Transamerica Maine Medicare Supplements
• United of Omaha Maine Medicare Supplements

Medigap Plan N

Medicare Supplement Plan N provides basic coverage benefits and also covers the Medicare Part A deductible. The Part B deductible and the Part B excess charges are your responsibility, as well as a $20 co-pay for each visit to the doctor and up to $50 for each emergency room visit. Compare the premium of Colonial Penn Life Insurance Co (formerly Conseco Direct Life Insurance Co) to other insurance companies:

• Anthem Maine Medicare Supplements
• UnitedHealthcare Maine Medicare Supplements
• Harvard Pilgrim Maine Medicare Supplements