State Farm Medicare Plans
Affiliated Brand Names
- State Farm
- State Farm Mutual Automobile Insurance Company
- Humana
Company Overview
State Farm was founded back in 1922. Their dedication to customer service, as well as their famous slogan (“Like a good neighbor, State Farm is there”) are just about as old as the company itself. While their main focus is auto and home insurance, they also offer life insurance and, more recently, have teamed up with Humana to offer Medicare supplemental insurance policies to their auto and homeowner’s insurance customers.
Company Highlights
- Medicare supplement partnership with Humana
- More than 90 years of experience in the insurance industry
- Has a well-known, nationally trusted brand
- Top employer for military veterans
- Ranked #41 on the Fortune 500 list
- Manages nearly 1 million health insurance policies
State Farm Medicare Plans Offered
The Medicare Advantage and Medicare Part D prescription drug plan offered nationally by State Farm is actually underwritten by Humana. The Medicare supplement insurance (a.k.a. “Medigap”) policies, however, are handled by local insurance agents.
| Medicare Supplement Plans | YES |
| Medicare Advantage Plans | YES |
| Medicare Part D Drug Plans | YES |
State Farm Premium Comparison
State Farm is a nationally recognized company, so it’s safe to assume that they have some competitive rates to offer. But that doesn’t mean you shouldn’t perform your due diligence and shop around thoroughly. Below is a bar graph which compares State Farm’s rates to the national average; to get a more precise number, though, you can contact our agents for your free quote.
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 |
| Plan F Most popular |
$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 |
Financial Strength Ratings
State Farm is a large, national agency offering a variety of different insurance products across all 50 states. As you can see below, all three of the top credit rating agencies have given State Farm exemplary ratings with regard to the company’s financial strength.
| A.M. Best Rating | A++ |
| Standard & Poor’s Rating | AA |
| Moody’s Rating | Aa1 |
*Ratings as of 2/17/15
State Farm Video
State Farm Review
State Farm has established a large, reliable, financially strong business throughout the United States. Although their main expertise is car and homeowner’s insurance, they have partnered up with major health insurance provider Humana to offer Medicare-qualified seniors Part C and/or Part D insurance supplements. They also offer Medigap policies through qualified local agents.
- Market Experience
- Fast Claims Processing
- Strong Financial Reserves
- Competitive Rates
- Customer Satisfaction
How To File A Claim With State Farm
Telephone Number: 1-800-782-8332
To speak with a person:
- Press “1” for claims
- Press “2” to report a new claim on “other policies”
- Press “0” for all other calls
- Press “1” to report a new claim
- You will be transferred to a live customer service representative
Company Contact Information
Customer Service:
1-800-782-8332
Mailing Address:
State Farm Insurance
One State Farm Plaza
Bloomington, IL 61710
How To Get A Rate Quote
Customers looking to get a rate quote, or learn more about State Farm Medicare Plans have 2 options:
- Call a licensed insurance representative at: (877) 910-7579
- Complete an online quote request at: http://www.medigap.com/form/