Medicare Supplement Quotes

Liberty National Life Insurance Company

Written by Jason Patterson

Are you enrolled in Medicare or about to be? Do you know what’s covered and what isn’t? If you’re like most people, you may have a general idea, but don’t understand the complexities of the program.

Even with this broad range of coverage, there are still numerous out-of-pocket charges that Original Medicare beneficiaries can incur, such as deductibles, coinsurance, and copayment expenses. For a lot of seniors, those costs can drain their savings.

There is nothing you can do about the Medicare coverage itself, but you can buy some additional protection. That’s where Medigap plans come in.

liberty nationalMedigap policies are designed to work with your traditional Medicare to cover the expenses left behind. There are ten different policies. Each has different protection you can buy to suit your suites.

There are hundreds of supplement carriers out there, but there is some regulation to the coverage they must provide. The government determines the makeup of the plans. A Plan C from one company is identical to a Plan C from a different company.

Just because the coverage is the same means you should by a plan from just any old company out there. Not all companies are the same. Some are going to have cheaper rates, better customer service, and additional benefits.

To help you get through all the companies and not be overwhelmed, we are going to review some of the big names out there. This article is going to take a look at Liberty National Life Insurance Company. We hope this will give you the info you need to make the best decisions.

The History of Liberty National Life Insurance Company

Liberty National Life Insurance Company has been in the business since 1900. It was initially formed as a fraternal benefit society, and it was incorporated in Huntsville, Alabama on August 31, 1900. Over time, the company has become known for offering affordable life and health insurance products via both in-home and workplace sales.

Headquartered in McKinney, Texas, this insurer is licensed to provide its products and services throughout the United States. Liberty National considers policyholder education to be important, and in turn, the company offers one-on-one policyholder service, as well as additional coverage related information, such as its MedFacts Kit, its Memorial Guide, and its Child Safe Kit.

Liberty National Life Insurance Company Review

Liberty National offers individual, single parent, and family insurance plans – and it is well regarded for its stellar customer service – which is something that it has done throughout its entire history.

The company has a long-standing firm financial foundation, which as earned it very high insurer ratings, as well as an excellent reputation via the Better Business Bureau. It has also received numerous awards and accolades, such as being one of Ward’s Top 50 Life and Health Insurers.

Insurer Ratings and Better Business Bureau (BBB) Grade

Liberty National Life Insurance Company is rated as an AA- (Very Strong) by Standard and Poor’s, an A+ from A.M. Best Company, and A1 from Moody’s, and as an A+ from Fitch Ratings. All of these grades represent high-quality financial status.

Also, Liberty National received accreditation from the BBB in 1952. Meaning they’ve been offering quality service and products for over 50 years.

Medicare Supplement Insurance Plans Offered By Liberty National Life Insurance Co.

Liberty National Life Insurance sells  Plan A, Plan C, Plan F (as well as the High Deductible Plan F), and Plan N.

Because of the variety of Medicare Supplement plans that are provided through Liberty National, customers can pick the perfect plan. For example, for those who only anticipate needing the most basic of coverage options, Plan A offers the following benefits:

  • Medicare Part A hospital copayment for days 61 through 150, as well as an additional 365 lifetime days once the enrollee’s lifetime reserve day’s end.
  • The first three pints of blood needed each year
  • Part A hospice copayment and coinsurance
  • Medicare Part B copayment

Those who alternatively wish to purchase more comprehensive benefits, Medigap Plan F is the way to go:

  • Medicare Part A hospital copayment for days 61 through 150, as well as an additional 365 lifetime days once the enrollee’s lifetime reserve days end.
  • The first three pints of blood needed each year
  • Part A hospice copayment and coinsurance
  • Medicare Part B copayment or coinsurance
  • Medicare Part A deductible
  • Skilled nursing facility copayment (Days 21 through 100)
  • Medicare Part A deductible
  • Medicare Part B deductible
  • Medicare Part B excess charges
  • Foreign Travel Emergency coverage

If an individual (or a couple) would like to obtain the comprehensive coverage offered via Plan F, but are concerned about the premium cost, there is a high deductible option. With this plan, all of the benefits offered through the regular Plan F are available; however, these benefits will not start to pay out until an annual deductible has been satisfied. In 2017, the amount of this deductible is $2,200.

There is also Medicare Supplement Plan N which provides:

  • Medicare Part A coinsurance and hospital costs – up to an additional 365 days after Medicare benefits have been used up
  • Medicare Part B coinsurance or copayment amount
  • The first three pints of blood that may be needed each year
  • Medicare Part A hospice copayment or coinsurance amount
  • Skilled nursing facility care coinsurance deductible amount (affiliated with Medicare Part A)
  • Foreign travel exchange – up to the plan’s limits (80 percent)

Medicare Supplement Insurance Plans Offered Through Liberty National Life Insurance Company

 Plan APlan BPlan CPlan FPlan N
Part A coinsurance and hospital costs, up to an additional 365 days after Medicare benefits are used upYesYesYesYesYes
Part B coinsurance or copaymentYesYesYesYesYes***
Blood - the first 3 pintsYesYesYesYesYes
Part A hospice care coinsurance or copaymentYesYesYesYesYes
Skilled nursing facility care coinsuranceNoNoYesYesYes
Part A deductibleNoYesYesYesYes
Part B deductibleNoNoYesYesNo
Part B excess chargeNoNoNoYesNo
Foreign travel exchange - up to plan limitsNoNo80%80%80%
Out-of-pocket limit**N/AN/AN/AN/AN/A

In addition, while all Medicare Supplement insurance plans must be standardized in the same manner (i.e., each plan of the same corresponding letter has to provide the same set of benefits – regardless of where they are purchased), for those who reside in the states of Minnesota, Massachusetts, or Wisconsin, the plans are set up differently.Source:

Other Products and Services that are Offered

While Liberty National Life Insurance Company is known for offering quality and affordable Medicare Supplement insurance coverage, they also sell some other quality products:

  • Life Insurance Coverage
  • Cancer Coverage
  • Critical Illness Insurance
  • Hospital Intensive Care Plans
  • Hospital Accident Insurance
  • Accident Insurance Coverage

The company also provides introductory offers on educational and coverage items, such as:

  • $3,000 Accidental Death Policy (ADP) – The $3,000 accidental death policy (ADP) can cover an individual and his or her spouse with $3,000 of coverage each, along with $1,000 for each child that resides in their home. During the first policy year, there is no premium charge for this coverage, and at the end of the first policy, this coverage may be kept in force for just a $10 premium payment. (The actual amount of coverage that is offered with this plan may differ in some states).
  • Child Safe Kit – The child safe kit provides a convenient way to record comprehensive information about an insured’s child (or children) so that authorities can help clients to find their child quickly in the event of an adverse situation. This kit comes with an inking strip so that children may be fingerprinted, which can provide an additional resource to help in finding them.
  • MedFacts Kit – With the MedFacts kit, clients can learn certain information that could result in saving their or a loved one’s life. This kit also provides the ability to detail the dosage, as well as the frequency, of prescription medications that are taken so that doctors can better understand in the case of an emergency.
  • Memorial Guide – In the Memorial Guide, clients can list relevant information regarding their future wishes for those who are left behind. When completed, the guide can offer comfort for the individual’s family, as well as assurance that the insured’s funeral is conducted in the way that they would have liked it to be.

Getting the Best Supplemental Coverage

How do you know if you’re getting the best deal for your supplemental coverage? It’s easy, all you have to do is compare carriers.  By doing some shopping around, you can guarantee you have the most affordable policy available.

Sure, you can call every carrier yourself, or you can make one single call to us. How are we different? We are independent. Meaning we represent more than just one company. We have the ability to show you dozens of quotes all at once.

If you’re ready to get additional protection or you have questions, give us a call today.


About us
About us

Jason Patterson has been in the insurance industry for over fifteen years. Starting in 2005, he became one of the first agents to sell medicare supplements online. From that small start, he grew an agency that helped thousands of people with their insurance needs in all fifty states.

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