National States Insurance Company Specialized in long-term care policies in 37 states, including Missouri and Florida. However, in 2010, legal action was taken by the Missouri Department of Insurance regulators once it was discovered that the company was in hazardous financial condition. It has since been legally liquidated, and the majority of its former policies have been turned over to other companies.
Back when National States was in business, it offered the following products to consumers:
|Medicare Supplement Plans||YES|
|Medicare Advantage Plans||NO|
|Medicare Part D Drug Plans||NO|
Comparing quotes and prices from one company to another is a great way to get the best deal. Below, you can see how Nationwide States Insurance compares with national averages across the country. Keep in mind, these are just averages; they don’t necessarily reflect your exact future quotes.
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|
You want to choose a financially strong company to help you with your Medicare supplement needs. A financially strong company will be more likely to pay out claims quickly and efficiently, as well as less likely to keep raising rates over time. National States is a textbook example of how a financially weak company can go out of business and complicate your long-term planning.
|A.M. Best Rating||No Rating|
|Standard & Poor’s Rating||No Rating|
|Moody’s Rating||No Rating|
*Ratings as of 2/17/15
National States Insurance Company was officially ordered to liquidate on September 1, 2010, and the remainder of its active policies were transferred to other companies in early 2012. Some reports of underpriced financial products, specifically with respect to Medicare supplement policies, are blamed for the company’s demise. Just remember: if a low-priced quote seems too good to be true, it probably is.
Telephone Number: 1-800-868-6788
To speak with a person:
Since the company has been liquidated, they no longer have a mailing address.
Customers looking to get a rate quote, or learn more about plans have 2 options:
Mon-Fri, 8am-8pm EST