Medicare is one of the U.S. government’s most popular programs for senior citizens. But some healthcare costs actually fall into a gap that Medicare doesn’t cover. After all, Medicare was never meant to cover every aspect of your health needs.
Medicare Supplement insurance includes standardized plans, regulated by the government, that are designed to provide additional medical coverage for expenses not covered by Medicare.
Medicare Supplement plans cover a number of your out-of-pocket costs, and most cover all or part of coinsurance and deductibles for hospital stays (Part A) and physician visits (Part B) under Medicare.
Current Everest Policyholders
Everest continually monitors the insurance landscape to ensure we offer insurance products that meet customer needs and company priorities. As a result of this process, Everest made the decision to discontinue new Medicare Supplement sales for Everest Reinsurance Company effective January 1, 2022.
It is very important to note this action affects new sales only;no in-force policies will be cancelled or non-renewed due to the discontinuation of these plans. Current policyowners may keep their policies for as long as they wish by continuing their payment of premiums.
Everest values its partnership with our policyholders and are appreciative of the trust placed with us. We look forward to continuing to provide the best service possible.
For additional information, review resources developed jointly by the Centers for Medicare & Medicaid Services (CMS) and the National Association of Insurance Commissioners (NAIC) or “A Guide to Health Insurance for People with Medicare” developed jointly by the Centers for Medicare & Medicaid Services (CMS) and the National Association of Insurance Commissioners (NAIC) or “Medicare & You” the U.S. government Medicare handbook developed by CMS.
Neither Everest Reinsurance Company nor its Medicare supplement insurance policies are connected with or endorsed by the U.S. Government or the federal Medicare program.
This website is intended to be a brief summary of coverage and is not intended to be a legal contract. The entire provisions of benefits and exclusions are contained in the Policy. In the event of a conflict between the Policy and this description, the terms of the Policy will prevail.