Policy Scout Summary
Based in Salt Lake City, Utah, Policy Scout is an insurance company created with client convenience in mind and a goal to create a one-stop shopping experience for people looking for Medicare Supplement insurance. This online model allows you to easily browse, compare, and apply for Medigap coverage from several different insurance companies, all from one website.
Pros
- Convenient Online Platform
- Ability to Compare Many Options
- Unbiased Resources
Considerations
- Newer company, focused on technology
- Limited call center hours for licensed agents
- Young reputation
Top 3 Supplement Companies
Overview
Options
The major customer benefit of a one-stop-shop service is the wide array of options that are offered. Policy Scout has partnerships with several major insurance providers, allowing them to provide you with a variety of Medicare Supplement plans. Knowing your options can help you make the best choice so you can pay less for the services you need.
Convenience
If you’ve ever had to research to try to figure out which product or service is right for you, then you know the hassle that can come along with juggling different websites while trying to keep all the details straight. Policy Scout does the work for you by putting all of that information in one place and allowing you to compare the benefits of each Medigap plan and get real-time quotes based on your information.
Information Resources
On the Policy Scout website, you can find a large library of informative and easy-to-read articles that help answer many of the questions people have when shopping for Medicare Supplement insurance plans. These articles are clear and well-written, covering a wide variety of topics; they even include several useful, state-specific guides that explain available Medigap plans.
Real-Time Quotes
One of the things that we think you’ll appreciate about Policy Scout is its real-time quote engine that offers you quotes from available providers. After answering a few basic questions, you are matched with insurance providers in your area and given a list of available Medicare Supplement plans to choose from.
Why Medicare Supplement Insurance?
Having Medicare Supplement Insurance (also called Medigap) in addition to Original Medicare benefits helps to protect you from unexpected costs, allowing you to receive the care you need without worry of financial burden. Because of the guaranteed coverage protection offered during the Open Enrollment Period, it's a great option for those with pre-existing conditions as well. Plus, it allows you to continue to receive the federal Medicare benefits you’ve been paying toward throughout your working years.
Key advantages of Medicare Supplement Insurance:
- Guaranteed renewability each year
As long as you pay your premium, your coverage will continue year after year and cannot be cancelled (except in specific cases, like providing inaccurate information on your application).
- Simple, straightforward plan options
Because they are federally standardized, it’s fairly straightforward to understand and compare your options when it comes to Medigap coverage.
- Nationwide network of doctors and specialists
Medicare Supplement enrollees can visit any doctor that accepts Medicare coverage. Doctors or hospitals that accept Medicare are required to accept all Medigap plans, regardless of insurance carrier.
- More flexibility with treatment options.
Some Medicare plans require you to choose a primary care physician, who has the final say on what providers you can see. Medigap plans allow you the flexibility to select any treatment option you prefer.
