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SmartFinancial Medicare Supplement Insurance Review

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Smart Financial Medicare Supplement Insurance is a digital comparison tool that helps customers easily approach the Supplement Insurance market by providing quotes from qualified providers in their area. The service is available in all states and the District of Columbia; parent company, Smart Financial LLC, has been in business since 2004 and is based in Costa Mesa, California.

How is SmartFinancial Medicare Supplement Insurance rated?

Breakdown

4.0/5
Level of Coverage
4.0/5
Services
4.0/5
Reputation and Customer Experience
4.0/5
Financial Strength

Overall Rating: 4 / 5 (Very good)

SmartFinancial Medicare Supplement Insurance is a great resource that helps current and future Medicare beneficiaries comparison shop for Medigap policies. With the company's proprietary system, customers can see what competing carriers have to offer and can review all available Medicare Supplement Plans available in their state from the comfort of their home. Through the company's highly secure site, customers, agents, and carriers can be assured that their information is safe.

SmartFinancial Medicare Supplement Insurance Coverage

Level of Coverage - 4 / 5

Coverage for Medicare Supplement Insurance is standardized across the nation, which means that each available plan within a letter category offers the same coverage. Making SmartFinancial the right tool to help customers check plan availability by state. Customers will also be able to talk to a licensed agent who can help them consider what each carrier provides regarding perks, extra benefits, and customer support.

Plan Types

  • Plan A - It includes hospital copayment costs up to a year after Medicare benefits are exhausted, the first three pints of blood, Part B coinsurance including preventive care services after deductible, and hospice care.
  • Plan B - Offers the same amount of coverage as Plan A, with the addition of a hospital deductible in each benefit period.
  • Plan C - One of the most popular plans, it adds on a skilled nursing facility daily copay, the Part B annual deductible, and emergency care outside of the U.S.
  • Plan D - Though this includes most of the same benefits as plan C, it does not cover the Part B deductible.
  • Plan F - Less expensive than other plans, F covers all the same benefits as C, with the addition of 100% of Part B's excess charges.
  • Plan G - Covers almost every Medicare supplemental insurance benefit, with the exception of Part B's annual deductible.
  • Plan K - Covers half of: Part B co-insurance, first 3 pints of blood, hospital deductible, skilled nursing facility, and hospice care. It also covers all the co-insurance for Part B preventive care services.
  • Plan L - Just like Plan K, this covers all of your Part A & B copays after a certain amount out-of-pocket, and 75% of every benefit that Plan K covers (instead of 50%).
  • Plan M - Covers hospital copayments, 75% of Part B co-insurance, first 3 pints of blood, 50% of hospital deductible, skilled nursing facility, foreign emergency care, 100% Part B preventive care services post-deductible, and hospice care.
  • Plan N - Covers hospital copayments, Part B co-insurance except $20 for office visits & $50 for emergency visits, first 3 pints of blood, hospital deductible, SNF, foreign care, all of Part B co-insurance for preventive care, and hospice care.

At a Glance

Network Size
20

SmartFinancial Medicare Supplement Insurance Pricing

Services - 4 / 5

As a marketplace that connects Medicare beneficiaries with the right Medicare Supplemental Insurance plan in their area, SmartFinancial has a comprehensive network of trusted carriers that can cater to any budget and medical need. Consequently, since each private insurance company can offer additional products or services, actual prices will be given by the authorized agent.

SmartFinancial Medicare Supplement Insurance Customer Experience

Reputation and Customer Experience - 4 / 5

SmartFinancial has licensed agents to help customers explore all the coverage options available in their state. Agents can provide a clear explanation to complex questions about coverage in today's market that will facilitate their decision-making process. As a marketplace, SmartFinancial holds an A+ rating with the BBB.

Reviews

BBB Rating
A+
Date Collected
2018-04-10

SmartFinancial Medicare Supplement Insurance Financial Strength

Financial Strength - 4 / 5

Although established in 2004, we could not obtain financial rating information for SmartFinancial. This is likely due to the fact that the company is a marketplace and not a direct provider of Medigap insurance. Hence, before making a selection, the chosen carrier should be analyzed based on its own merits.

Year Founded

1998

Company Profile

Full Name
SmartFinancial Medicare Supplement Insurance
Company Website
Headquarters
1901 Newport Boulevard Suite 300, Costa Mesa, CA, 92627

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Top Rated
Our Partner
  • Coverage available in 48 states + Washington D.C.
  • Offers five types of Medigap plans (A, F, F+, G, N)
  • Policies can include additional benefits beyond what regulations require
  • TrustPilot average customer rating: 4.2 out of 5 stars