CHICAGO, June 8, 2022
/PRNewswire/ -- Bankers Life, a national life and health
insurance brand that focuses on the insurance needs of Americans
who are near or in retirement, announced today a new set of
Medicare Supplement insurance plans that better addresses
consumers' health care needs.
"These plans are great for consumers who value the freedom to
choose their own providers and gain access to services," said
Scott Goldberg, president of the
Consumer Division. "With health care costs continuing to rise, our
enhanced Medicare Supplement offerings will help protect consumers
against unexpected expenses and minimize the financial burden."
Through its new offering of GenHealthy Medicare Supplement Plans
A, F, G, High-G and N, consumers have additional flexibility to
choose their doctors, specialists, and hospitals through the
traditional Medicare system. These plans are open to both current
beneficiaries and those who are newly eligible to Medicare (with
the exception of Plan F, which is available to individuals eligible
for Medicare prior to January 1,
2020.)
Our new offering includes the most popular Plan G and Plan
N:
- Plan G is the most comprehensive plan available to new Medicare
beneficiaries
- Plan N has co-pays and can be an attractive alternative to many
Medicare Advantage plans
Using our myHealthPolicy online platform, Bankers Life agents
will be able to quote Medicare Supplement plan rates and assist
with the selection of standalone Part D prescription drug
plans.
Medicare Supplement Plan benefits are standardized by the
Centers for Medicare & Medicaid Services (CMS). Silver
Sneakers® and WholeHealth Living
Choices® will also be included with Plans G and
N. Silver Sneakers is an opportunity for members to improve health
and gain confidence with access to more than 14,000 gyms nationwide
and home exercise programs. WholeHealth Living Choices provide
members discounts on health and wellness products.
The new Medicare Supplement plans are underwritten by Washington
National Insurance Company. The issue age is 65 and older or
disabled, and policy benefits may vary by state. SilverSneakers and
WholeHealth Living Choices membership subject to state availability
and are non-insurance programs offered through Tivity
Health ®.
Medicare Supplement Plans A, F, G, High-G and N are currently
available in 26 states: AL, AZ, CO, DE, GA, IA, IL, IN, KS,
KY, LA, MD, ME, MI, MO, MS, NC, NH, NV, OH, OK, TN, TX, UT, WA,
WV.
More information about Medicare Supplement insurance plans can
also be found on the products page of Bankers Life or on
myHealthPolicy.com
About Bankers Life
Bankers Life focuses on the
insurance and investment needs of middle-income Americans who are
near or in retirement. The Bankers Life brand is a part of CNO
Financial Group, Inc. (NYSE: CNO), whose companies provide
insurance and wealth management solutions that help protect the
health and retirement needs of working Americans and retirees.
There are approximately 4,000 exclusive agents, including 650
financial representatives working from more than 250 U.S. sales
offices. To learn more, visit BankersLife.com.
Bankers Life is the marketing brand of Bankers Life and Casualty
Company, Medicare Supplement insurance policies sold by Washington
National Insurance Company, and select policies sold in
New York are underwritten by
Bankers Conseco Life Insurance Company (BCLIC). BCLIC is authorized
to sell insurance in New York.
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SOURCE Bankers Life