New Texas Medicare Supplements Competitors
The best Texas 2020 Medicare supplement plans companies on the market now have a run for their money. Two competitive carriers have taken the stage and are struggling to top many Texas postal codes. Manhattan Life and Cigna, insured by the American Retirement Life Insurance Company, have recently attracted the attention of Texas consumers and agents. With low rewards and fast processing, it’s not surprising that these two carriers are rapidly acquiring a huge amount of new business and knowledge.
The American Retirement Life Insurance Company is a subsidiary of Cigna. In early February 2013, it began selling Medicare supplemental plans in Texas. Last year, ARLIC provided very competitive prices, significantly improving the landscape of Texas Medicare supplements. Prior to the Cigna brand, only three insurers were able to offer lower premiums: Omaha Insurance, Continental Life (Aetna), and Oxford Life. These carriers have their postal codes, which they are looking for competitively. The probability of them getting more than one or two “good” rating in each zip code was slim a year ago. They have Omaha, Oxford or Continental with one of the least competitive brands. They were slim pickings.
Consumers will find better rates and increased options for selecting a quality carrier now that Cigna has been added to the mix. Cigna also provides an easy and fast application process, as well as Manhattan Life. An electronic application allows agents to engage in new activities and save their customers effortlessly. The new activity is usually published between 3 days and 2 weeks. Of course, this also depends on the season in which the application is made – the months of open registration are inevitably more crowded.
Because of its low prices, Cigna has experienced a surge in demand. They quickly hire more staff to meet the demand for their products. This growth of your business in the first year is exceptional and can be successful. If you are a consumer and worry about the financial prospects of this company, you should be aware that the low rates of ARLIC and the Cigna brand have been around for a long time. ARLIC rates are located in Austin, Texas, and are highly competitive for residents of Travis County and surrounding areas. There are also other “hot” areas, such as postcodes in North Texas and surrounding areas. If you are a health insurance insurer and you live in one of these areas, it may be time to call an agent and review your current policy.
ARLIC offers plans A, F, G and N, also available in 18 other states. You can check availability on the ARLIC website. Manhattan Life is a young addition to the Texas Medicare supplement market. Manhattan did not sell life in Texas a few months ago. In fact, I did not know anything about this company. Then, slowly, I began to see his name appear on my list engine – and now, when I look for postcodes in Texas, Manhattan Life is definitely the top 5 in many areas, even the top 2 in some areas. This will change (for good) if they grow up the following year.