Continental Life Medicare Supplement Plans

About Continental Life 

The Continental Life Insurance Company is based in Brentwood, Tennessee and is a wholly-owned subsidiary company of Aetna, Inc as of 2006. They provide health and life insurance for many states and have been offering supplemental products since 1983.

Aetna Medigap insurance plans in many states and may be sold under a subsidiary company as with American Continental or Continental Life insurance which is the same family of companies. Aetna is a fanatically solid insurance company and has a rating of “A-Excellent” with the AM Best insurance rating organization.

Continental Life Medicare Plans Available

For those seniors who find it challenging to manage their budget with all the healthcare expenses, choosing a Medicare supplement plan with Continental Life could help pay for the costs not covered with your Original Medicare Part A and Medicare Part B. Continental Life offers the different standardized Medicare options available. What is covered will depend on the type of plan you enroll in. Supplemental insurance might cover Medicare Part A hospital deductibles or coinsurance as well as your Medicare Part B outpatient deductibles and coinsurance.

The full scope of Medicare changes in 2022 has yet to be revealed, but below, you will find an up-to-date breakdown of the changes you can expect, including premium amounts from 2021.

Original Medicare

Medicare is a government-sponsored health insurance program that provides coverage for people age 65 and older, regardless of their income. It covers inpatient hospital stays, outpatient services like physician visits or lab tests. Original Medicare consists of two parts: Part A, which covers hospital visits and Part B, which covers doctors.

Medicare Part A

Medicare Part A is hospital insurance. It covers inpatient care at a variety of different facilities. In general, services covered under Medicare Part A include: 

  • Hospital care (inpatient)
  • Limited home health services
  • Care in a skilled nursing facility (SNF), provided that custodial care not be the only care required
  • Hospice care

Medicare Part B

Medicare Part B is medical insurance. It covers various types of outpatient services as well as some types of preventative care. In general, services covered under Medicare Part B include: 

  • Visits to a healthcare facility
  • Ambulance services
  • Part-time or temporary home health care
  • Rehabilitation services and physical therapy
  • Flu and hepatitis b shots
  • Cardiovascular, cancer, and diabetes screenings
  • Limited outpatient prescription drugs
  • Durable medical equipment
  • Clinical research
  • Mental health services (inpatient, outpatient, and partial hospitalization)
  • Second opinions before surgery

Continental Life Medicare Advantage (Part C)

Starting January 1st, 2020, people new to Medicare could no longer purchase the Plans C or F Medigap plans. If you are currently enrolled in one of these plans or have purchased Plan F with a high deductible before then (if eligible), they can still use this plan until it expires.

Continental Life Medicare Part D – Drug Plans

Continental Life Medicare Insurance does not offer prescription drug coverage. As a Continental Life Medicare Insurance customer, you may decide to enroll in an Aetna Advantage or stand-alone Prescription Drug Plan if you need prescription drug coverage.

Continental Life Medicare Supplement Plans

Continental Life Medigap Insurance plans include:

  • Plan A
  • Plan B
  • Plan F
  • Plan G
  • Plan N

Note that plans available vary by state. 

Plan A

Plan A supplemental insurance is the most basic plan covering the most important gaps when using Medicare. These are hospital coinsurance and hospital outpatient coinsurance. Your Plan A will pay for your daily hospital copays when you have inpatient stays lasting longer than 60 days. Additionally, Plan A will provide 365 days of healthcare coverage after your Medicare Part A hospital benefits have run out.

Plan B

Medigap Plan B will cover the same items as Plan A plus your Part A hospital deductible. This will help when you have any inpatient stays. Cost-sharing for skilled nursing is not covered with Medigap Plan A and your Part B deductible or Part B foreign travel emergencies and any Medicare Part B excess charges.

Plan F

Plan F is considered one of the more complete Medigap plans on the market, covering almost every gap found in Medicare Part A & Medicare Part B plans. With Plan F, your out-of-pocket expenses are covered for any hospital and outpatient medical services. So, no deductibles or coinsurance needs to be met while in the hospital to have surgery. Your doctor’s visits, ambulance rides, labwork, chemotherapy and more are also covered. Foreign travel emergency coverage for Plan F can be up to 50,000.

Plan F provides all the basic benefits on Plan C with these extra benefits:

  • 100% of the Part B excess charge

Starting January 1st, 2020, people new to Medicare could no longer purchase the Plans C or F Medigap plans. If you are currently enrolled in one of these plans or have purchased Plan F with a high deductible before then (if eligible), they can still use this plan until it expires.

Plan G

Plan G Medigap plan is the most popular plan in the nation, covering the same items found in Plan F except for the Part B deductible. Going to your first outpatient visit for any calendar year, you have to pay the Part B deductible, which is out of pocket. Then your plan will work the same as a Plan F for the remainder of the year.

Plan N

Plan N, first offered in 2021, is one of the newest Medigap plans offered. With Plan N, you often have lower premiums than Plan G because you will have to pay for additional copays for some of your medical services. For example, you could pay as much as $20 in copays for doctor visits and as high as $50 for emergency room visits. You must pay any additional excess charges and your Part B deductible.

Enrolling in Continental Life & Open Enrollment Period

You can apply for a Medicare Supplement insurance policy if you are:

  • A resident of a state where the policy is offered
  • Enrolled in Medicare Parts A and B
  • Age 65 or over or, in some states, under age 65 with a disability (plan offerings and eligibility vary by state)

In most cases, once you are enrolled in Medicare, you don’t have to re-enroll or renew your Medicare plan every year. If you want to change your Medicare policy, though, you can do that during the annual Medicare open enrollment period. This gives you the chance to change your policy or choose a different coverage option that meets your needs. 

Open enrollment for 2022 coverage will start November 1st, 2021. In most states, it will end on December 15th, 2021, but some states will have later deadlines.