Haris Ashley
USAA offers Medicare Supplement Insurance plans in 45 states and Washington, D.C. The company has a long-standing reputation for serving military members and their families with various financial products, including insurance. USAA's Medicare Supplement Insurance premiums tend to be on the higher side, and the company's service is rated as average. USAA offers a 5% household discount in nine states: Alabama, Illinois, Maryland, North Carolina, Ohio, Pennsylvania, South Carolina, Texas, and Georgia. While USAA is a fine option, other competitors may offer lower prices, bigger discounts, and better bundled perks.
| Characteristics | Values |
|---|---|
| Availability | USAA offers Medicare Supplement Insurance in 45 states and Washington, D.C. It is not available in Massachusetts, Minnesota, New Jersey, New York, or Wisconsin. |
| Target Customers | USAA products are typically offered to current and former U.S. military members. However, anyone can buy its Medicare Supplement Insurance. |
| Medigap Plans Offered | Plan A, Plan G, and Plan N for new Medicare members in most states, plus Plan F for those who qualify. |
| Discounts | USAA offers a 5% household discount in Alabama, Illinois, Maryland, North Carolina, Ohio, Pennsylvania, South Carolina, Texas, and possibly eight other states. |
| Customer Satisfaction | USAA has about 4% more complaints than average for a company its size, according to the National Association of Insurance Commissioners (NAIC). Other reviews describe USAA's customer satisfaction as average. |
| Pricing | USAA's Medigap plans are described as expensive, with premiums for Plan G and Plan N being significantly higher than competitors' offerings. |
| Perks | USAA does not advertise any perks or extras with its Medicare Supplement Insurance policies. However, it does offer certain perks and discounts on other products and services to its members. |
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What You'll Learn
- USAA Medicare Supplement Insurance is available in 45 states and Washington, D.C
- USAA offers a 5% household discount in eight states
- USAA's Medicare Supplement Insurance premiums can be expensive
- USAA has average customer satisfaction for its Medicare Supplement plans
- USAA offers Medigap Plan A, G, and N for new Medicare members in most states
USAA Medicare Supplement Insurance is available in 45 states and Washington, D.C
USAA has a long-standing reputation for serving military members and their families with various financial products, including insurance. While most USAA products are offered to current and former U.S. military members, anyone can buy its Medicare Supplement Insurance.
USAA offers Medigap Plan A, Plan G, and Plan N for new Medicare members in most states, as well as Plan F for those who qualify. However, USAA's Medicare Supplement Insurance premiums can be on the higher side, especially for Medigap Plan N. USAA's Medigap Plan G premiums averaged about 43% higher than the cheapest alternative available in the same location, and for Plan N, USAA's premiums were an average of 71% higher.
USAA offers a 5% household discount in eight states: Alabama, Illinois, Maryland, North Carolina, Ohio, Pennsylvania, South Carolina, and Texas. To qualify, you must live in the same household as someone who also has a USAA Medicare Supplement plan.
It is important to note that USAA Life Insurance Company itself doesn't directly sell Medigap policies. Instead, they've partnered with Humana to offer Medicare Advantage plans tailored specifically for veterans.
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USAA offers a 5% household discount in eight states
USAA offers Medicare Supplement Insurance, also known as Medigap, in 45 states and Washington, D.C. However, it does not offer Medigap policies in Massachusetts, Minnesota, New Jersey, New York, or Wisconsin.
USAA has a long-standing reputation for serving military members and their families with various financial products, including insurance. While its Medicare Supplement Insurance is available to anyone, it primarily caters to current and former U.S. military members. USAA offers Medigap Plans A, G, and N for new Medicare members in most states, with Plan F available for those who qualify.
It is worth noting that USAA's Medicare Supplement Insurance premiums tend to be higher than those of its competitors, and the company has average customer satisfaction. Other companies may offer lower rates, more perks, and better customer service. Therefore, it is advisable to compare quotes from several companies and consider working with a licensed insurance agent or broker to find the best Medigap option.
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USAA's Medicare Supplement Insurance premiums can be expensive
USAA's Medigap Plan G premiums averaged about 43% higher than the cheapest alternative available in the same location. For Plan N, USAA's premiums were an average of 71% higher. USAA does not match competitors' offerings for premium discounts or perks, such as gym memberships or hearing and vision products. The company has also received more complaints than average, indicating slightly below-average customer satisfaction.
USAA's Medicare Supplement Insurance is available in 45 states and Washington, D.C. The company has a long-standing reputation for serving military members and their families with various financial products, including insurance. While most USAA products are offered to current and former U.S. military members, anyone can buy its Medicare Supplement Insurance.
USAA has partnered with Humana to offer Medicare Advantage plans tailored specifically for veterans. These co-branded plans provide comprehensive coverage options that complement the benefits veterans receive through the Veterans Affairs (VA) department.
In summary, while USAA's Medicare Supplement Insurance may be a convenient option for military members and their families, it is important to consider the potentially higher premiums and average service. Shopping around and comparing plans during the Medigap Open Enrollment Period can help individuals find the best option for their healthcare needs.
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USAA has average customer satisfaction for its Medicare Supplement plans
USAA offers Medicare Supplement Insurance, also known as Medigap, to current and former U.S. military members and their families. The company has a range of plans available, including the popular Plan G, Plan F, and Plan N. However, USAA has received mixed reviews for its Medicare Supplement Insurance plans. While some customers report high customer satisfaction and excellent customer service, others have criticised the company for its high premiums and lack of additional perks.
According to ValuePenguin, USAA has about 4% more complaints than average for a company of its size, which makes its customer satisfaction slightly below average. The website gives USAA's Medigap plans a rating based on price, coverage options, customer satisfaction, and unique features. As a result, USAA receives a low rating. Mutual of Omaha, for example, has 3% fewer complaints than the average, whereas Blue Cross Blue Shield of Michigan has 31% fewer.
NerdWallet gives USAA Medicare Supplement Insurance 3 out of 5 stars for overall performance, taking into account pricing, coverage options, online quote availability, and complaint data. USAA's Medicare Supplement Insurance premiums can be expensive, especially for Medigap Plan N. USAA's Medigap Plan G premiums are around 43% higher than the cheapest alternative, and for Plan N, USAA's premiums are 71% higher.
On the other hand, HelpAdvisor.com states that USAA has high customer satisfaction and has been rated A++ by A.M. Best in 2023. The website also highlights USAA's strong financial ratings and the fact that it offers plans in almost every state. Medigap.com also reports that USAA Medicare Supplement plans have some of the best customer service ratings, with efficient and accurate electronic claims processing.
Overall, while USAA's Medicare Supplement Insurance plans have received some positive reviews for customer service and financial stability, there are also criticisms of high premiums and average customer satisfaction. Those considering USAA's Medicare Supplement Insurance may want to compare quotes from several companies and consider working with a licensed insurance agent or broker to find the best option for their needs.
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USAA offers Medigap Plan A, G, and N for new Medicare members in most states
USAA offers Medicare Supplement Insurance in 45 states and Washington, D.C. The company does not offer Medigap policies in Massachusetts, Minnesota, New Jersey, New York, or Wisconsin.
USAA offers a 5% household discount in eight states: Alabama, Illinois, Maryland, North Carolina, Ohio, Pennsylvania, South Carolina, and Texas. To qualify, you must live in the same household as someone who also has a USAA Medicare Supplement plan.
USAA's Medicare Supplement Insurance premiums can be high, especially for Medigap Plan N. For example, USAA's Medigap Plan G premiums averaged about 43% higher than the cheapest alternative available in the same location.
It is important to note that USAA Life Insurance Company itself does not directly sell Medigap policies. Instead, they have partnered with Humana to offer Medicare Advantage plans tailored specifically for veterans.
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Frequently asked questions
Yes, USAA offers Medicare Supplement Insurance, also known as Medigap, in 45 states and Washington, D.C. USAA Life Insurance Company provides these plans, but they don't directly sell them. Instead, they've partnered with Humana to offer Medicare Advantage plans tailored for veterans.
While most USAA products cater to current and former U.S. military members, anyone can buy their Medicare Supplement Insurance.
USAA's Medicare Supplement Insurance offers comprehensive coverage options that complement the benefits veterans receive through the Veterans Affairs (VA). They also provide certain perks and discounts on products and services to their members. Additionally, USAA offers a 5% household discount in eight states: Alabama, Illinois, Maryland, North Carolina, Ohio, Pennsylvania, South Carolina, and Texas.
USAA's Medicare Supplement Insurance has received mixed reviews. It has earned 3 out of 5 stars on NerdWallet's Medigap rubric. While USAA is a fine option, it doesn't stand out compared to competitors. Their plans tend to be more expensive, and they don't offer as many discounts or perks, such as gym memberships or hearing and vision products. USAA also has slightly below-average customer satisfaction, with about 4% more complaints than average, according to the National Association of Insurance Commissioners (NAIC).
