Manhattan Life Medicare Plans Review
Manhattan Life offers Medicare Supplement Insurance (Medigap) plans in areas of many states across the country. Learn more about Manhattan Life Medicare plans including what they cover, what they may cost and how you can apply for a plan.
Manhattan Life is among the oldest health insurance companies in the U.S., with a history that dates back to 1850. The company’s range of products include Medicare Supplement Insurance plans, and many U.S. seniors rely on Manhattan Life Medicare Supplement plans (also called Medigap) to help them bridge the gaps in their Medicare coverage.
Below is a review of Manhattan Life Medicare Supplement plans, including plan benefits, costs and enrollment information.
What Is Medicare Supplement Insurance?
Original Medicare (Medicare Part A and Part B) does not provide 100% coverage of your health care costs. There are still deductibles, copayments, coinsurance and other out-of-pocket expenses you may face when you receive Medicare-covered services.
Medicare Supplement Insurance, or Medigap, picks up the cost of some of those out-of-pocket expenses. “Medigap” helps fill in the “gaps” in your Medicare coverage.
Medicare Supplement Insurance is accepted anywhere Original Medicare is. There are no network restrictions, and the benefits of each type of Medigap plan are standardized by the federal government and remain consistent in most states (Massachusetts, Minnesota and Wisconsin standardize their Medigap plans differently).
There are a total of 10 different Medicare Supplement Insurance plans offered in most states, all of which are identified by a letter of the alphabet. Manhattan Life offers Medicare Supplement Plans A, C, F, G and N.
|Medicare Supplement Benefits||A||B||C1||D||F1||G||K||L||M||N|
|Part A coinsurance and hospital costs||✓||✓||✓||✓||✓||✓||✓||✓||✓||✓|
|Part B coinsurance or copayment||✓||✓||✓||✓||✓||✓||50%||75%||✓||✓|
|First 3 pints of blood||✓||✓||✓||✓||✓||✓||50%||75%||✓||✓|
|Part A hospice care co-insurance or co-payment||✓||✓||✓||✓||✓||✓||50%||75%||✓||✓|
|Co-insurance for skilled nursing facility||✓||✓||✓||✓||50%||75%||✓||✓|
|Medicare Part A deductible||✓||✓||✓||✓||✓||50%||75%||50%||✓|
|Medicare Part B deductible||✓||✓|
|Medicare Part B excess charges||✓||✓|
|Foreign travel emergency||80%||80%||80%||80%||80%||80%|
|1. Plans C and F are not available to new beneficiaries who became eligible for Medicare on or after January 1, 2020.
2. Plans F and G also offer a high deductible plan which has an annual deductible of $2,370 in 2021. Once the annual deductible is met, the plan pays 100% of covered services for the rest of the year. The high deductible Plan F is not available to new beneficiaries who became eligible for Medicare on or after January 1, 2020.
3. Plan K has an out-of-pocket yearly limit of $6,220 in 2021. Plan L has an out-of-pocket yearly limit of $3,110 in 2021.
4. Plan N pays 100% of the Part B coinsurance, except for a copayment of up to $20 for some office visits and up to $50 for emergency room visits that don’t result in an inpatient admission.
View an image version of this table.
Manhattan Life Medigap Plan A
Medigap Plan A covers the following out-of-pocket Medicare costs:
- Medicare Part A coinsurance
- Medicare Part B coinsurance and copayments
- Medicare Part A hospice care coinsurance and copayments
- The first 3 pints of blood needed for a transfusion
Manhattan Life Medigap Plan C
Medicare Supplement Plan C provides coverage for everything included in Plan A as well as the following costs:
- Skilled nursing facility care coinsurance
- Medicare Part A deductible
- Medicare Part B deductible
- Foreign travel emergency care
Manhattan Life Medigap Plan F
Plan F is the most complete Medigap plan and the only one to offer coverage for each of the nine Medicare costs that Medigap plans can cover. Plan F offers all of the same coverage found in Plan C in addition to having coverage of Medicare Part B excess charges.
Manhattan Life Medigap Plan G
Plan G is another comprehensive Medigap plan offering all of the same coverage as Plan F with the exception of the Part B deductible.
Manhattan Life Medigap Plan N
Plan N provides the same coverage as Plan G with the exception of Part B excess charges.
Manhattan Life offers a dental, vision and hearing benefits package that beneficiaries may pair with their Original Medicare benefits to get much additional coverage that typically isn’t covered by Original Medicare.
Manhattan Life also provides cancer insurance and hospitalization insurance.
Some of the things that can influence the cost of a Medigap plan include:
- Gender – Women may sometimes pay lower rates for Medigap because of their longer life expectancy.
- Age – It’s not uncommon for companies to charge higher rates to older enrollees.
- Discounts – Many companies offer various discounts to non-smokers and other criteria. Not every company offers plan discounts, however, so be sure to ask about any potential discounts before you apply.
- Health – If you wait to sign up for Medicare Supplement Insurance until after your Medigap Open Enrollment Period has passed or during another time when you don’t have a guaranteed issue right, you may be subject to medical underwriting, and your health status could potentially trigger a higher rate.
To be eligible for a Manhattan Life Medicare Supplement plan, you must be enrolled in both Medicare Part A and Part B and be 65 or over. Some states may allow for Medigap insurance to be sold to beneficiaries under the age of 65 who qualified for Medicare because of a disability.
To be eligible for a Medigap plan from Manhattan Life, you must live in the service area for the plan in which you wish to enroll. The Medigap plans offered by Manhattan Life may not be available in every state, county or zip code.
You may have a licensed insurance agent from Manhattan Life contact you by requesting a call on the Manhattan Life Medicare site.