Medicare Supplement Quotes

United Health Care Company Review

Written by Evens Stevenson

Having the proper health care coverage is one of the most important decisions that people can make – regardless of your age or income. This includes ensuring that you have proper coverage for reducing or even eliminating the out-of-pocket costs that you may be subject to, such as with Medicare coverage.

One way to provide yourself with a financial cushion from the deductibles, copayments, and coinsurance required by Medicare Parts A and B is to purchase a Medicare Supplement (Medigap) insurance plan.

When considering a Medicare Supplement insurance policy, it is important to consider several factors. These include the benefits that are offered, the premium price that will be charged, and the company that is providing the plan. One of the top insurance carriers in the industry that offers Medicare Supplement is United Health Care.

History of United Health Care Company

united healthcare company reviewUnited Health Care (UHC) is known for being dedicated to helping people live healthier lives by simplifying the health care experience. The company also sustains trusted relationships with care providers to better meet its customers’ overall health and wellness needs.

The company offers both employer-sponsored and individual health insurance plans – including Medicare Supplement. UHC arranges for discounted access to care via networks that include approximately 1 million physicians and other health care professionals, as well as roughly 6,000 hospitals and other health care facilities.

United Healthcare is considered to be the single largest health carrier in the U.S. The company has a mission of improving the quality and effectiveness of health care for all Americans. UHC creates products and services that can help to make health care more affordable. The company also uses technology to make the health care system easier to navigate.

UHC is a subsidiary of United Health Group, a company that is headquartered in Minneapolis, Minnesota, and offers a wide variety of different products and services via six operating companies. These include:

  • United Health Care
  • Ovations
  • AmeriChoice
  • OptumHealth
  • Ingenix
  • Prescription Solutions

United Health Group was initially founded in 1974 as Charter Med Incorporated, a Minnetonka, Minnesota-based privately held company. In 1977, the company reorganized, and at that time, United Health Care Corporation was created, with the purpose of managing the newly created Physicians Health Plan of Minnesota.

Today, United Health Group serves more than 70 million customers throughout the United States. The company provides benefits to people who reside in all 50 states, as well as in 125 other countries. The company is a member of the Dow Jones Industrial Average.

As of the nine months ended on September 30, 2016, United Health Care had more than $110,633 million in overall revenues. This is an increase of more than 10 percent as compared to the same time the previous year. For this same period, UHC took in nearly 5,900 million in earnings. This, too, was an increase over the same time period the prior year.

United Health Group has earned numerous awards and accolades throughout the years. Most recently, the company was named as a Top 100 Military Friendly Employer and a Top 50 Military Spouse Friendly Employer (for 2016) by Victory Media.

Also, the company is extremely active in community involvement and volunteerism. In 2015, United Health Group supported more than 12,000 different charities worldwide through giving. That same year, employee volunteers logged 1.1 million hours. United Healthcare is headquartered in Hartford, Connecticut.

Ratings and BBB Grade

Due to its strong financial standing, Untied Healthcare has been given high ratings by the insurer ratings agencies. These include the following:

  • A from A.M. Best
  • A1 from Moody’s
  • AA- from Fitch

Even though United Health Care is not an accredited company through the Better Business Bureau (BBB), the company has been given the grade of A (on an overall grade scale of A+ to F). Over the past three years, United Health Care has closed out a total of 1,293 customer complaints – of which 473 were closed out within the past year.

Of the 1,293 complaints throughout the past three years, 598 had to do with the company’s products and / or services. Another 240 were about billing and / or collection issues, 224 had to do with the company’s advertising and / or sales, 211 were regarding delivery issues, and 20 had to do with guarantee / warranty issues.

Which Medigap Plans Does United Health Care Company Offer?

The Medicare Supplement insurance plans that are offered through United Health Care are endorsed by AARP. Those who are members of AARP may enroll in an AARP Medicare Supplement plan.

In addition to health insurance coverage, United Health Care also offers a number of other insurance protection products, including:

  • Vision Insurance
  • Dental Insurance
  • Term Life Insurance
  • Critical Illness Insurance
  • Accident Insurance
  • Hospitalization Insurance
  • Disability Income Insurance
  • Supplemental Insurance
  • International Travel Medical Insurance

Currently, there are seven Medicare Supplement insurance plans that are offered nationwide. (The plans that are available in the states of Minnesota, Massachusetts, and Wisconsin may differ somewhat).

The seven plans that are offered include:

  • Plan A
  • Plan B
  • Plan C
  • Plan F
  • Plan K
  • Plan L
  • Plan N

Plan A offers the most basic set of “core” benefits. Most of the other Medicare Supplement insurance plans that are offered must provide at least these core benefits – as well as other, additional coverage.

In 2016, the benefits that are offered via Medicare Supplement Plan A include the following:

  • Medicare Part A coinsurance and hospital costs, up to an additional 365 days after Medicare benefits have been used up
  • Medicare Part B coinsurance or copayment
  • First three pints of blood per year
  • Medicare Part A hospice care coinsurance or copayment

Plan B offers all of the above benefits, in addition to the following:

  • Medicare Part A deductible

Plan C offers all of the Plan A core benefits, as well as:

  • Skilled nursing facility care coinsurance
  • Medicare Part A deductible
  • Medicare Part B deductible
  • 80 percent foreign travel exchange – up to plan limits

Plan F, likewise, also offers all of the Medicare Supplement Plan A benefits, as well as the following additional coverages:

  • Skilled nursing facility care coinsurance
  • Medicare Part A deductible
  • Medicare Part B deductible
  • Medicare Part B excess charge
  • 80 percent foreign travel exchange – up to the plan limits

*Note: There is also a high deductible Medicare Supplement Plan F. If this option is chosen, it means that the insured must pay for his or her Medicare-covered cots, up to the deductible amount of $2,180 in 2016, and of $2,200 in 2017, before the Medicare Supplement plan will pay anything.

Once the out-of-pocket annual limit and the yearly Medicare Part B deductible has been paid by the insured, the Medicare Supplement insurance plan will then pay 100 percent of the covered services for the remainder of the calendar year.

Plan K offers a somewhat different configuration of benefits, such as:

  • Medicare Part A coinsurance and hospital costs, up to an additional 365 days after Medicare benefits are used up
  • 50 percent of the Medicare Part B coinsurance or copayment
  • 50 percent of the first three pints of blood per year
  • 50 percent of the Medicare Part A hospice care coinsurance or copayment
  • 50 percent of the skilled nursing facility care coinsurance
  • 50 percent of the Medicare Part A deductible

Medicare Supplement Insurance Plan K has an out-of-pocket limit of $4,960 in 2016, and an out-of-pocket limit of $5,120 in 2017.

Plan L also has a somewhat different configuration of the benefits that are offered. This plan has the following coverage:

  • Medicare Part A coinsurance and hospital costs, up to an additional 365 days after Medicare benefits are used up
  • 75 percent of Medicare Part B coinsurance or copayment
  • 75 percent of the first three pints of blood per year
  • 75 percent of Medicare Part A hospice care coinsurance or copayment
  • 75 percent of the skilled nursing facility care coinsurance
  • 75 percent of the Medicare Part a deductible amount

This plan has a total out-of-pocket limit of $2,480 in 2016 and $2,560 for 2017.

Plan N offers all of the core benefits that are provided with Medicare Supplement Plan A, as well as the following benefits:

  • Skilled nursing facility care coinsurance
  • Medicare Part A deductible
  • 80 percent of foreign travel exchange – up to the plan’s limits

Medicare Supplement Insurance Plan N will pay 100 percent of the Medicare Part B coinsurance – other than a copayment of up to $20 for some office visits, and up to a $50 copayment for emergency room visits that do not result in the insured’s inpatient admission.

What States is Medicare Supplement Insurance Offered In Through United Health Care?

Medicare Supplement insurance plans from Untied Health Care are sold in all 50 of the U.S. states. These plans, which are designed to help with limiting the out-of-pocket costs that are associated with Medicare Part A and Part B, can pay for some or all of the costs that Original Medicare does not pay, such as deductibles, coinsurance, and / or copayments.

Likewise, the United Health Care Medicare Supplement insurance plans that are offered through AARP are also offered in all 50 states, including Washington, D.C., and most U.S. territories.

Medigap plans that are offered in Massachusetts, Wisconsin, and Minnesota can differ. For example, in Massachusetts, the plans will cover a set of basic benefits, including:

  • Inpatient hospital care for the Medicare Part A coinsurance, plus coverage for an additional 365 days after Medicare coverage ends
  • Medicare Part B coinsurance – 20 percent of the Medicare-approved amount
  • The first three pints of blood each year
  • Medicare Part A hospice coinsurance or copayment

Residents of Massachusetts can then choose from a variety of different coverages, either via a core plan or a supplement plan. In Wisconsin, the above list of benefits are available, plus additional coverage through a basic plan. In Minnesota, the list above of basic benefits also includes coverage for Medicare Parts A and B home health services, and supplies cost sharing.

How to Get the Best Premium Rates on Medicare Supplement Insurance

If you are in the process of seeking Medicare Supplement Insurance, it is often best to work with an independent insurance brokerage or agency. That is because in doing so, you will be able to more directly compare the plans, the benefits, the numerous insurance companies, and the premium prices – and from there, you can determine which one will be the best for you.

When you are seeking the very best Medicare Supplement insurance plan, we can help. We work with many of the top Medigap carriers in the marketplace today, and we can assist you with obtaining all of the key details that you may need for making a well-informed buying decision. We can do so for you quickly, easily, and conveniently – all from your computer – and without having to meet in person with an insurance agent. If you are ready to move forward, then please just simply take a moment to fill out the form on this page.

Should you find that you still have any additional questions or concerns regarding Medicare Supplement Insurance through United Health Care – or, even if you just have a question about Medigap in general – please feel free to call us directly. We can be reached by phone, toll-free, by dialing 1-800-376-0824.

The purchase of the right Medicare Supplement insurance overage can often seem a bit overwhelming. There are many different plans to choose from – and you want to be sure that you are obtaining the best benefits for your needs at an affordable cost. We suggest you read some other reviews such as our Mutual of Omaha company review before making a final decision. We will walk you through the Medicare Supplement insurance quote process – and we can help to provide you with all of the information that you require. So, contact us today – we’re here to help.

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