Great Southern Life Medicare Supplement Insurance for Your Needs

Great Southern Life offers a range of Medicare Supplement Insurance plans to cater to different needs. These plans can help cover out-of-pocket costs not covered by Original Medicare.

Medicare Supplement Insurance plans are standardized, meaning they offer the same benefits, regardless of the insurance company. Great Southern Life's plans, such as Plan F, Plan G, and Plan N, offer varying levels of coverage.

Plan F, for example, covers 100% of Medicare-approved costs, while Plan G covers 80% of Medicare-approved costs, leaving the remaining 20% to the policyholder. Plan N, on the other hand, covers 80% of Medicare-approved costs, with a $20 copayment for doctor visits and a $50 copayment for emergency room visits.

Expand your knowledge: Cigna Medicare Supplement Plan N

Qualifying for Great Southern Life Insurance Medicare Supplement plans involves answering health-related questions for underwriting purposes. However, during Open Enrollment and Guaranteed Issue periods, certain health conditions may not disqualify an applicant from coverage.

You'll be declined if any of the health-related questions are answered "Yes". But don't worry, if you're in an Open Enrollment or Guarantee Issue period, your health doesn't matter.

Curious to learn more? Check out: Medicare Supplement Open Enrollment Period 2023

Great Southern Life Medicare Supplement plans may be a bit more lenient than most other companies, looking back only 6 months for confinements and mobility aids, compared to 12 or 24 months for most other companies.

If you use a wheelchair or motorized device, you'll likely need to find another company if the need never ends. And if you get home health care or need assistance with activities of daily living (ADL's), you won't qualify until the 6 months are over.

Here are some specific health-related questions that may disqualify you from coverage:

Great Southern Life Insurance offers a range of Medicare Supplement plans to cater to diverse healthcare needs. You can purchase a policy with them if you live in 34 states, including Alabama, Arizona, and Florida.

Plan F is only available for those who were eligible for Medicare before January 1, 2020. This means that if you enrolled in Medicare after this date, you won't be able to get Plan F.

You can choose from plans A, G, N, F, and HDF, as well as other plans like B, C, D, HDG, K, L, M, and N, depending on your state of residence. Some states offer more plan options than others.

The most comprehensive coverage is offered by Plan F and Plan G. However, starting in 2020, Plan F is no longer available to new members, and it's the most expensive plan option.

Here are the 10 standardized Medicare Supplement plans, each offering different levels of cost coverage:

Plan G is a popular choice, as it offers comprehensive coverage at a lower premium than Plan F. In fact, about 95% of Great Southern Life Insurance clients choose Plan G.

Great Southern Life Insurance Company offers a 10% household discount in most states for those residing with one to three other adults aged 60 or older.

This discount is available in many states, but not in Florida, Idaho, Illinois, North Dakota, New Jersey, Ohio, or Oklahoma.

The age requirement for this discount is waived for legal spouses, civil union partners, and domestic partners.

Great Southern Life Insurance Company also offers separate rates for tobacco and non-tobacco users, making it more affordable for individuals with different lifestyles.

You can enjoy a 10% discount on your healthcare coverage by residing with 1-3 other adults aged 60 or older in most states.

This discount is not available in some states, so be sure to check with Great Southern Life Insurance Company to see if you qualify.

Consider reading: Western & Southern Life Insurance Cincinnati Oh

Great Southern Life Medicare Supplement plans have certain restrictions and limitations. Individuals with serious diagnoses such as cancer metastasis, brain tumors, lymphoma, and melanoma may be impacted by their eligibility for coverage.

Certain serious diagnoses, such as rheumatoid arthritis, crippling/disabling arthritis, and joint replacements, can also influence coverage options. Treatment for alcoholism or drug abuse, mental or nervous disorders requiring hospitalization, may also be a factor.

Understanding these restrictions is crucial when selecting a Medicare Supplement plan. If you have a chronic kidney disease, kidney failure, renal insufficiency, or kidney disease requiring dialysis, you may be ineligible for coverage with Great Southern Life.

Autoimmune and neurological disorders, such as systemic lupus, myasthenia gravis, muscular dystrophy, amyotrophic lateral sclerosis (ALS), and multiple sclerosis, can also impact your eligibility for coverage.

Here's a summary of the Medicare Supplement plans offered by Great Southern Life:

Great Southern Life Insurance Company is known for its leniency when it comes to confinements. This leniency is reflected in its 6-month look-back period for confinements.

The company's leniency extends to mobility aid usage as well, where eligibility for coverage is not affected by the use of these aids.

Cancer and other serious diagnoses can impact your eligibility for Great Southern Life Medicare Supplement plans coverage. Certain serious diagnoses, such as cancer metastasis, brain tumors, lymphoma, and melanoma, can affect your coverage options.

If you have a serious diagnosis, it's essential to understand how it may impact your coverage. Treatment for alcoholism or drug abuse, mental or nervous disorders requiring hospitalization, rheumatoid arthritis, crippling/disabling arthritis, and joint replacements can also influence your coverage options with Great Southern Life.

Individuals with chronic kidney disease, kidney failure, renal insufficiency, or kidney disease requiring dialysis may be ineligible for coverage with Great Southern Life. This means it's crucial to consider these kidney disease-related coverage limitations when selecting a Medicare Supplement plan.

Autoimmune and neurological disorders, such as systemic lupus, myasthenia gravis, muscular dystrophy, amyotrophic lateral sclerosis (ALS), and multiple sclerosis, can also impact your eligibility for coverage with Great Southern Life.

Having a Medicare Supplement insurance plan can be a valuable solution to this problem. It can help reduce your out-of-pocket expenses and provide added protection.

You don't have to worry about medical expenses piling up, as Medicare Supplement insurance can cover a significant portion of them. This can give you peace of mind and financial security.

Here are some of the benefits of having a Medicare Supplement insurance plan:

*Source: Gallup, Inc., American’s Financial Worries Poll, April 2018. (Based on survey of 1,015 U.S. adults, aged 18 and older). https://news.gallup.com/poll/233642/paying-medical-crises-retirement-lead-financial-fears.aspx.

For more insights, see: Thrivent Lutheran Medicare Supplement

Great Southern Life Insurance Company has over 100 years of experience in life insurance and annuities, giving them a strong foundation in the industry.

Their financial stability is evident with an A.M. Best rating of “A” (Excellent) and a stable outlook, which is a testament to their solid financial standing.

With total assets amounting to more than $6.6 billion, Great Southern Life Insurance Company is a reputable and trustworthy company.

As a member of Americo Life, Inc., they have contributed to the growth of one of the largest independent insurance groups in the United States.

They offer several standardized Medicare Supplement plans that are designed to provide additional medical coverage for expenses not covered by Medicare, such as coinsurance, copayments, and deductibles.