Transamerica Medicare Supplemental Insurance Reviews
- We require contact information to ensure our reviewers are real.
- Our moderators read all reviews to verify quality and helpfulness.
- We use intelligent software that helps us maintain the integrity of reviews.
About Transamerica Medicare Supplemental Insurance
This profile has not been claimed by the company. See reviews below to learn more or submit your own review.
Transamerica is a life insurance and Medicare supplemental coverage provider. Its plans help pay for costs not covered by Medicare and let you choose your medical service provider. While some of its coverage options can be pricey, Transamerica offers a wide variety of plans — you should be able to find policies to fit most budgets.
Helpful Reviews
What is Transamerica Medicare supplemental insurance?
Transamerica’s Medicare supplement program helps cover out-of-pocket health care costs for those with Medicare insurance. This coverage can also be used to pay for unexpected costs associated with nursing homes, home health care and other services related to aging. Transamerica offers this supplemental insurance in addition to its many financial and retirement account services.
How does Transamerica Medicare supplemental insurance work?
Because the Medicare program isn’t designed to pay for all medical expenses outright, many families choose to add supplemental coverage to help cover out-of-pocket costs not covered by their Medicare plans. If you’re interested in obtaining supplemental insurance from Transamerica, you must first confirm your eligibility for Medicare assistance — the company’s representatives can help with this step over the phone.
Transamerica’s supplemental insurance rates are based on your age at the time of application. Your quoted rates could increase due to inflation or claims, but they won’t change as you age. Once approved, you can use the supplemental coverage at your doctor’s office or the medical facility of your choice. You’ll also get an initial trial period to review your policy; if you’re unsatisfied, return it within 30 days to receive a refund.
Transamerica Medicare supplemental insurance costs
Policy rates for Transamerica’s supplemental coverage depend on your age at the time of enrollment. You can choose from 10 different Transamerica Medicare supplement plans, each with various additional coverage options and associated fees. Depending on the plan you choose, your monthly costs might range from $40 to over $200.
Transamerica does offer opportunities to lower your monthly costs, including enrollment in its EasyPay program — by enrolling, you can save 5% on your premiums.
Transamerica Medicare supplemental insurance FAQ
Where is Transamerica Medicare supplement coverage available?
Transamerica has agents across the nation for its Medicare supplemental insurance, and because you can select the medical provider of your choice, you won’t be limited to a specific network.
What does Transamerica Medicare supplemental insurance cover?
Transamerica’s Medicare supplemental insurance pays for health care costs not covered by the Medicare program. These might be costs associated with visits to a doctor’s office, nursing home or other medical facility.
Does Transamerica Medicare supplemental insurance offer Silver Sneakers?
No, the Transamerica Medicare supplement program doesn’t offer the Silver Sneakers fitness incentive program.
Where is Transamerica located?
The Transamerica headquarters is located in Maryland. The company also has underwriting offices in other states like Iowa.
Still have questions?
Is Transamerica Medicare supplemental insurance worth it?
Transamerica’s Medicare supplemental insurance is worth it for those looking for assistance with health care costs not covered by the Medicare program. The basic programs offer affordable monthly rates, but if you’re interested in more widespread coverage, you might find the monthly fees for the more comprehensive programs fairly expensive.
Transamerica Medicare Supplemental Insurance Reviews
Filter by Rating
- (5)
- (5)
- (3)
- (3)
Popular Mentions
- 4,888,580 reviews on ConsumerAffairs are verified.
- We require contact information to ensure our reviewers are real.
- We use intelligent software that helps us maintain the integrity of reviews.
- Our moderators read all reviews to verify quality and helpfulness.
A link has directed you to this review. Its location on this page may change next time you visit.
- 4,888,580 reviews on ConsumerAffairs are verified.
- We require contact information to ensure our reviewers are real.
- We use intelligent software that helps us maintain the integrity of reviews.
- Our moderators read all reviews to verify quality and helpfulness.
Transamerica Medicare Supplemental Insurance Company Information
- Company Name:
- Transamerica Medicare Supplemental Insurance
- Website:
- www.transamerica.com