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The Medicare Supplement insurance plan is available to both AICPA members and their spouses who are Medicare eligible. These quality plans are designed to help pay expenses which Medicare does not cover. Plans are underwritten by AEGON companies: Transamerica Life Insurance Company, Cedar Rapids, IA; and for NY residents only Transamerica Financial Life Insurance Company, Purchase, NY.
What is Medicare Supplement Insurance?
Medicare Supplement plans are designed to help pay some of the medical expenses that Medicare does not pay. For example, you can choose a Medicare Supplement plan that pays the Part A deductible.
What is Medicare?
Medicare was started in 1965 to help with medical expenses. It's a national health insurance program designed to help people age 65 and over with medical expenses. It is also available to some disabled people under the age of 65 and people who have End Stage Renal Disease.
Medicare includes Hospital Insurance (referred to as Part A); Medical Insurance (referred to as Part B); and a Prescription Drug benefit option (referred to as Part D). Part A helps to pay for your in-hospital expenses, and care in a skilled nursing facility, and provides limited benefits for home health care and hospice care. Part B helps to pay doctor bills, outpatient hospital care and other medical services not covered by Part A. Part D Medicare Prescription Drug plans provide insurance coverage for prescription drugs. Click here for more information on Medicare Part D.
Why should I choose an AICPA Medicare Supplement plan?
It will help pay some of the medical expenses that Medicare doesn't pay. AICPA members now have a choice of Medicare Supplement Plans* at affordable group rates. These Plans are underwritten by companies known for prompt, personal, and responsive service. Other features of the Plans include:
- Freedom to Choose - Select your own doctors and hospitals.
- Efficient Claims Processing - Hassle-free claims processing within approximately 7 days.
- 30 day right to examine the policy
- Direct Bill, Electronic Funds Transfer and Credit Card payment - Options available for premium payments.
Make sure you can help pay for the expenses that Medicare does not cover.
Call 1-800-247-1771 for a free, no-obligation Medicare Supplement information kit
*Provided that plans are approved in your state. Note: A more complete description of the plan details including benefits, rates, eligibility requirements, limitations, and exclusions are in the plan information package, sent to you at your request.
Aon Insurance Services, a division of Affinity Insurance Services, Inc. (in CA, MN, & OK (CA Insurance License #0795465), a division of AIS Affinity Insurance Agency, Inc., and in NH and NY, a division of AIS Affinity Insurance Agency. ©2007.), as a licensed insurance agent, broker and/or producer, is compensated by the AEGON companies in the form of a seven percent (7%) commission on first-year earned premiums for its services in connection with the Medicare Supplement Program. Aon Insurance Services pays a royalty and license fee semi-annually in an amount equivalent to a one percent commission to AICPA for use of its logo and maining information as well as other administrative support.