Manhattan Life Medicare Supplement Plans (2024)

Manhattan Life Medicare Supplement plans are highly-rated supplemental coverage options that can help you pay for the out-of-pocket expenses left behind when using Original Medicare benefits, Medicare Part A and Part B, alone. Also known as Manhattan Life Medigap Plans, your coverage fills in the gap and saves you money on healthcare.

Since 1850, Manhattan Life Insurance Company has offered a range of products under its subsidiaries. Headquartered in Houston, Texas, there are many options among the Manhattan Life, Western United Life Assurance, Central United Life, and Family Life Insurance companies. Manhattan Life Insurance Medicare Supplement coverage falls under the ManhattanLife Lighthouse Series and can vary depending on location.

Enrolling in Manhattan Life supplemental insurance for Medicare helps you cut healthcare costs. Because there are many different options available, you can find one for your specific healthcare needs and budget. Explore your options below, learn more about the cost of your Manhattan Life Medicare Supplement plan, discover reviews, and see how you can compare your options to save on healthcare costs.

Manhattan Life Medicare Supplement Plans for 2024

Healthcare comes in many different forms, which is why it’s encouraging to note that there are many different Manhattan Life Medicare Supplement plans available. This includes the following offerings:

• Manhattan Life Medicare Supplement Plan A (Manhattan Life Plan A)
• Manhattan Life Medicare Supplement Plan C (Manhattan Life Plan C)
• Manhattan Life Medicare Supplement Plan F (Manhattan Life Plan F)
• Manhattan Life Medicare Supplement Plan G (Manhattan Life Plan G)
• Manhattan Life Medicare Supplement Plan N (Manhattan Life Plan N)

Known as ManhattanLife’s Lighthouse Series, each plan offers a varying level of coverage for your healthcare. Generally, the more benefits you receive, the more you’ll pay. Thus, different options exist for different beneficiaries’ needs.

Furthermore, it’s important to mention that availability for each plan may vary, and there are enrollment restrictions that apply to both Manhattan Life Medicare Supplement Plan C and Plan F if you are newly eligible for Medicare. However, out of all of these options, Manhattan Life Plan F, Plan G, and Plan N are the most popular. Below, we’ll break each down to better understand what you’ll receive when enrolling.

Manhattan Life Medicare Supplement Plan F

Manhattan Life Plan F offers the highest coverage level available on the market. But availability is an important point to make. In order to be eligible for this coverage, you will have had to become eligible for Original Medicare benefits before January 1, 2020.

However, beneficiaries who are eligible for Manhattan Life Medicare Supplement Plan F can enjoy having their out-of-pocket expenses left over after using Original Medicare covered. This includes the following coverages:

• Your Medicare Part A and Part B deductibles.
• Coinsurance and copayments for Original Medicare services, including skilled nursing facilities.
• Medicare Part B excess charges, although rare, when they apply.
• $50,000 of emergency foreign travel lifetime coverage. However, a $250 deductible does apply.

While Manhattan Medicare Supplement Plan F has been one the most popular options for some time, increasing costs and Medicare changes have cut into the plan’s affordability for most beneficiaries, causing beneficiaries to search for alternative options. Fortunately, there are other Manhattan Life Insurance Medicare Supplement options with similar benefits.

Manhattan Life Medicare Supplement Plan G

Manhattan Life Medicare Supplement Plan G is the most popular plan currently, as it gives you the most coverage for the lowest price. You’ll receive all of the same coverage with your Manhattan Life Plan G benefits as you would with Plan F, except for your Medicare Part B deductible.

Despite this expense, many beneficiaries find that the coverage provided by Manhattan Life Supplement Plan G far outweighs the yearly deductible cost, resulting in fewer overall healthcare expenses. But the amount you pay for coverage is only part of the equation.

Many factors go into determining how much your Manhattan Life Medicare Supplement plan will cost, but the number of benefits you have will be one of the largest. This is why it’s essential to consider your budget, as more affordable options are available, and you can remain covered for high medical costs while keeping your monthly premium low.

Manhattan Life Medicare Supplement Plan N

Manhattan Life Medicare Supplement Plan N is an attractive option if you’re looking to cut costs on your monthly premium. You’ll need to cover your Medicare Part B deductible and co-pays for the doctor and emergency room, along with your premium, as well as Part B excess charges when they apply.

But Manhattan Life Plan N is a great balance of coverage and affordability that continues to be one of the most popular choices for beneficiaries, particularly if you don’t receive healthcare often.

At the end of the day, the differing levels of coverage and premium coincide with the differing healthcare needs and budgets of beneficiaries. Working with a licensed Medicare agent can help you assess your needs and compare plans to find the right one for you.

Manhattan Life Medicare Supplement Rates

Every insurance company raises rates annually as the cost of healthcare continues to rise. Each state, company, and letter plan will have a different increase, and Manhattan Life Medicare Supplement rates are no different. For these reasons, it’s difficult to determine the exact rate increase you can expect to face.

An example of Manhattan Life Medicare Supplement rate increases can be found in the state of Arizona, where the average rate increase for Medigap plans with Manhattan Life was 15.5%. Still, in some states, this rate could be lower or higher.

Rather than focusing solely on Manhattan Life Medicare Supplement rates, it’s important to look at the factors that go into your premium, to begin with. For starters, the best time to enroll is during your Medicare Supplement Open Enrollment Period, which gives you access to coverage without answering medical underwriting questions.

Next, you’ll want to look at additional personal factors that affect the Manhattan Life Medicare Supplement rates of everyone who enrolls, such as gender, age, use of tobacco, the amount of coverage you need, and where you live.

To help you better understand, we’re comparing the three most popular Manhattan Life Insurance Medicare Supplement plans across different states. Our methodology compares rates involving male and female beneficiaries ages 65 and 75, all of which refrain from the use of tobacco:

Manhattan Life Medicare Supplement Plan Eligibility

Manhattan Life Supplement plans are available to those who are eligible for Original Medicare benefits. Remember, using Original Medicare alone can leave out-of-pocket expenses, and Manhattan Life supplemental insurance helps cover those costs. Therefore, you must be enrolled in Medicare Part A and Part B to be eligible for supplemental coverage.

However, even if you are eligible for a Manhattan Life Medicare Supplement plan, you may have difficulty enrolling if you do so outside of your Medicare Supplement Open Enrollment Period. By enrolling outside of this period, you can still gain coverage, but you’ll need to first pass medical underwriting questions to do so. This means you may be denied. Furthermore, even if you aren’t denied, you’ll likely pay a higher premium than you would when enrolling as soon as you are eligible at age 65.

Manhattan Life Medicare Supplement (Medigap) Reviews

Manhattan Life Medicare Supplement reviews consistently show the value that beneficiaries enjoy when enrolling. The Better Business Bureau has provided an A+ rating for the company. Because of Manhattan Life’s relaxed underwriting, it can be a viable solution for beneficiaries with less-than-perfect health to enroll in the comprehensive coverage they deserve. Manhattan Life Medigap reviews continue to prove that the company is a favorite among many beneficiaries for cutting healthcare costs.

Manhattan Life Dental, Vision, Hearing Insurance

Original Medicare can provide many different benefits for your health, but there are some areas in which you won’t find coverage. By extension, you won’t find it with a Manhattan Life Medicare Supplement plan either because your coverage is supplemental to the services covered by Medicare Part A and Part B. Fortunately, Manhattan Life Dental, Vision, and Hearing coverage help you curtail these costs as well.

Manhattan Life offers coverage for dental, vision, and hearing in most states, but it’s important to note that there are a few guidelines to remember:

• You’ll need to wait for at least 12 months before receiving high-cost services. Smaller time restrictions may also apply to your coverage for certain services.
• Your policy will come with a maximum yearly benefit of either $1,000 or $1,500, depending on what you choose.
• There is also a yearly deductible of $100 per person you’ll need to cover before your benefits kick in.

Together, Manhattan Life Dental, Vision, and Hearing coverage can be an affordable way to mitigate costs not covered by Medicare benefits. Here’s how your coverages protect you:

Manhattan Life Dental

Manhattan Life Dental coverage allows you to choose your dentist. You receive guaranteed issue from ages 18 to 85, it’s guaranteed renewable for life, and there are no health questions when applying. You can even receive a discount thanks to family rates when including as many as three children.

A Manhattan Life Dental insurance policy covers preventive services and basic services, such as semi-annual exams, cleanings, x-rays, fillings, and extractions. These services receive increasing coverage beginning at 60% coverage during year one and increasing to 80% by year 3. Major services provide coverage for things such as crowns, dentures, root canals, etc. After the first year, you’ll receive 70% coverage in year 2, which increases to 80% in year 3, except in Ohio.

Manhattan Life Vision

Manhattan Life Vision insurance provides viable coverage for your eye healthcare. This means basic eye exams and eye refractions. You can also receive coverage for your glasses and contacts, but you’ll need to wait at least six months before these benefits kick in. Afterward, you receive the same escalating rate of coverage as you do with Manhattan Life Dental, except Ohio, which maximizes at 70% coverage after year two.

Manhattan Life Hearing

The cost of hearing exams is covered with hearing coverage from Manhattan Life, as are hearing aid supplies. But there is a 12-month waiting period for new hearing aids and repairs. Your coverage is similar to the other offerings from Manhattan Life, with 60% in the first year, 70% in the second year, and 80% in the third year and beyond, except for Ohio residents.

Manhattan Life Providers

When you enroll in a Manhattan Life Medicare Supplement plan, you don’t have to worry about networks. You can receive healthcare services from any doctor accepting Original Medicare benefits without needing a referral for a specialist.

You also don’t have to worry about a Manhattan Life provider network when using the company’s dental, vision, and hearing plan. This can be an attractive option because of the lack of a network. Beneficiaries will receive a reimbursem*nt based on the percentage of their benefits, and it provides the ability to potentially negotiate a cash price for your visit before sending the bill for reimbursem*nt.

Manhattan Life Ratings

Regarding carrier ratings, A.M. Best is an industry-leading standard for determining the financial strength of insurance companies. Manhattan Life has an A.M. Best rating of B++ (Good), noting a continual pattern of the company’s history of paying its customers on time. AM Best has been providing ratings on Manhattan Life since 1976, and the company has always had a strong rating.

Manhattan Life Household Discount

At Manhattan Life, the “Spousal Discount” can help you save money on premiums through discounted rates for married beneficiaries who live with their spouse who is also enrolled in a Manhattan Life Medigap plan.

Furthermore, the Manhattan Life “Household Discount” is also available to non-married individuals living together that also meet the company’s qualifications, such as individuals that aren’t married but live with another individual at least 60 years of age for a year or more.

This opens up saving opportunities for those in common-law marriages, living with older family members, or any other situation in which a discount may become applicable. The amount you will save varies from state to state but is, on average, between 7% and 12%. It’s important to also note that qualifications will also vary from state to state, and additional requirements may apply.