State Mutual Insurance Company has been serving the heartland of America. Its headquarters is located in Rome, Georgia, and it was founded at the end of the Great Depression in 1936 by a group of community-minded citizens.

The hope was that it would provide much-needed jobs for people in the community. Nowadays, State Mutual focuses on helping older Americans living in small communities and rural areas.

State Mutual offers insurance coverage in 44 states and the District of Colombia. As a Mutual company, the policyholders are the owners. It keeps the profits going back into the company to lower costs.

Looking at State Mutual Supplemental Medicare Plans

State Mutual products are catered toward Medicare beneficiaries. Coverages available include accident, critical illness, hospital indemnity, and Medicare Supplement policies.

State Mutual Medicare Supplement Plans

Medicare Supplement plans help cover costs you are responsible for once Medicare pays. There are 10 Medigap options available, and Medicare Supplement policies are handled by their Platinum Supplemental Insurance company.

State Mutual offers Medigap plans in Arkansas, Illinois, Iowa, Kansas, Oklahoma, South Dakota, Texas, and Wisconsin. Plans F, G, and N are the most popular Medigap options.

State Mutual Medicare Advantage Plans

State Mutual doesn’t offer Medicare Advantage plans. Still, they offer a few programs to fill in the gaps for a Medicare Advantage plan. Two of the most significant holes in Medicare Advantage are a hefty per-day hospital copay and radiation treatments for cancer.

State Mutual offers a hospital plan that you can use to offset your per-day copay if you’re admitted to the hospital. They also provide a Critical Illness plan that will pay you a lump sum when diagnosed with cancer. You can use this money to offset costs you would otherwise have to pay out of pocket.

If you need help with Medicare Part C, don’t hesitate to ask, we can help you find the right plan for you.

State Mutual Medicare Part D

Unfortunately, State Mutual doesn’t offer Medicare Part D plans. Just like with Part C, we can help you with that.

State Mutual Medicare Pros and Cons

Pros

  • Good customer care team
  • liberal underwriting process
  • Offers the top three Medicare Supplement plan letters

Cons

  • Liberal rate increases
  • Limited Medicare plan options

State Mutual Financial Strength Ratings

Regarding the financial strength of insurance companies, three rating companies will chime in. Moodys, AM Best, and Standard & Poors rate insurance companies based on their financial strength.

Strong financial strength usually corresponds with quick claims processing and lower rate increases.

Moodys rates State Mutual with an A1 rating, and AM Best rates them with a B+.

State Mutual Reviews

State Mutual has old-fashioned values and a customer service-oriented mindset. They dedicate their time to assisting and helping our older Americans get the help and coverage needed for their individual needs.

You can’t go wrong with State Mutual. They have many years of Medicare experience, fast claims processing, excellent customer service, and solid financial backing.

FAQs

What states does State Mutual offer Medigap plans in?

Arkansas, Illinois, Iowa, Kansas, Oklahoma, South Dakota, Texas, and Wisconsin are states where State Mutual sells Medicare Supplements.

What’s the best State Mutual Medicare Supplement?

Plan F! Since Plan F is discontinued for new Medicare beneficiaries, Plan G is becoming the most popular.

What other insurance policies can I buy from State Mutual?

In addition to Medicare Supplement plans, State Mutual offers Critical Illness, hospital, and accidental policies.

How to Enroll in a State Mutual Medicare Plan

Whether it’s State Mutual or another company, enrolling in a Medicare Supplement plan with us is easy as 1-2-3.

Our Medicare-licensed insurance agents will educate you and help you determine which plan best suits your needs. Finally, we can help you through the enrollment process once you’ve chosen your plan.

So give us a call today. Or easily complete our online rate form to access the best rates in your area.

Written By:
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Lindsay Malzone, Lindsay Malzone is the Medicare editor for Medigap.com. She's been contributing to many well-known publications since 2017. Her passion is educating Medicare beneficiaries on all their supplemental Medicare options so they can make an informed decision on their healthcare coverage.
Reviewed By:
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Rodolfo Marrero, Rodolfo Marrero is one of the co-founders at Medigap.com. He has been helping consumers find the right coverage since the site was founded in 2013. Rodolfo is a licensed insurance agent that works hand-in-hand with the team to ensure the accuracy of the content.