Great American Life started out as a subsidiary of its parent company, the Great American Insurance Group. While under their control, it was also known as the Great American Supplemental Benefits Group (GASBG). In August of 2012, it was acquired by Cigna, and now operates as an underwriter and manager of policies under the Cigna umbrella.
Since Great American Life was acquired by Cigna in 2012, they now offer policies from the same luxurious portfolio that Cigna offers its clients.
|Medicare Supplement Plans||YES|
|Medicare Advantage Plans||YES|
|Medicare Part D Drug Plans||YES|
How does Great American Life compare to the average rates of other agencies? We’ve compiled some data in the graph below which we believe can help answer this question. If GAL is offering you a premium which is dramatically higher or lower than the national average, then that might be something worth looking into in order to find out why.
This Table Represents National Average Costs of Medicare Supplement Plans
|Plan Type||Starting From||Part A Deductible||Part B Deductible||Excess||Nursing||Travel|
|Plan C||$118*||$0||$0||Not Covered||100% Covered||100% Covered||Request Info|
|$116*||$0||$0||100% Covered||100% Covered||100% Covered||Request Info|
|Plan G||$105*||$0||$147||100% Covered||100% Covered||100% Covered||Request Info|
|Plan B||$104*||$0||$147||Not Covered||Not Covered||Not Covered||Request Info|
|Plan N||$70*||$0||$147||Not Covered||100% Covered||100% Covered||Request Info|
|Plan D||$97*||$0||$147||Not Covered||100% Covered||100% Covered||Request Info|
|Plan A||$69*||$1||$147||Not Covered||Not Covered||Not Covered||Request Info|
|Plan L||$76*||$304||$147||Not Covered||75% Covered||Not Covered||Request Info|
|Plan K||$45*||$608||$147||Not Covered||50% Covered||Not Covered||Request Info|
|Plan M||$97*||$608||$147||Not Covered||100% Covered||100% Covered||Request Info|
Buying a Medicare supplement policy can directly affect your health, so it’s important to get one from a stable, successful provider. Agencies with good financial strength ratings can be more trustworthy when it comes to paying claims and providing you with stellar service.
|A.M. Best Rating||A|
|Standard & Poor’s Rating||A+|
*Ratings as of 2/17/15
The Great American Life Insurance Company has worn a lot of different hats over the years. Most recently, as of August 2012, Great American became one of the newest members of the Cigna health network. This major health insurance conglomerate is now in charge of the Medicare supplement policies that continue to be managed by Great American Life.
Since Great American Life is now operating under the umbrella of insurance companies within the Cigna network, the process is essentially the same as contacting Cigna directly:
Telephone Number: (800) 228-7104
To speak with a person:
Cigna Supplemental Benefits
P.O. Box 26580
Austin, TX 78755-0580
Customers looking to get a rate quote, or learn more about plans have 2 options:
Mon-Fri, 8am-8pm EST