TOP 6 Worst Medicare Supplement Companies in 2023

There are hundreds of different Medicare supplement plans on the market today. Each offers a unique set of benefits and costs to consumers.

If you plan on enrolling in Medicare, you want to ensure you work with a company that will treat you right.

One of the biggest problems with Medicare is that it is difficult to find the right Medicare supplement policy tailored to your specific needs.

Most seniors rely on Medicare for their health care. That makes them an attractive target for Medicare supplement insurance companies. But some companies are taking advantage of this. First, they make big promises about the coverage they offer. 

Then they gouge seniors by charging them much higher prices than similar products sold by their competitors. Worse, some companies are marketing directly to seniors, not through Medicare intermediaries. Seniors should beware of companies like these. They may be away in 2023.

Selecting the best Medicare Advantage plan

Compare monthly costs

Compare monthly costs to figure out which plan is right for you. The cost of Medicare depends on several factors, including the health status of the person covered by the plan. It also depends on which Part A or B coverage the person has chosen. 

Medicare costs for people under 65 years old are $0. The cost per person for Medicare Part B is $0. Medicare Advantage costs are $0. Medicare costs for people over 65 are $0. Medicare costs for people 65 and older are $0. The annual deductible for Medicare Part A is $0. The annual deductible for Medicare Part B is $0.

Assess How Much Health Care You Expect To Need

Health insurance is expensive. To figure out how much you need, you must understand how much medical care you need. Determining how much medical care you already have is critical to estimating your healthcare needs. 

You don’t know how much you’ll need if you have yet to receive medical care. So the next step is to find out what kind of medical care you’ve had and what kind you’re likely to have in the future. Estimating how much you’ll need will be easier if you do this.

Consider any additional benefits that are included.

Almost everyone who takes Medicare plans to get additional coverage. However, they may need to learn that they can get these additional benefits. These include coverage for hearing aids, eyeglasses, dental care, and even vision insurance. 

The best thing about this is that it does not have to be paid in full. Instead, you pay a monthly premium for the services you receive. You can use it much more quickly this way. There are many different providers you can choose from as well.

The benefits can vary depending on the plan you choose. For example, some plans include dental insurance, while others do not. Likewise, some plans provide vision coverage, while others do not. 

Some plans cover prescription drugs, while others do not. In addition, some plans provide supplemental benefits such as life insurance, long-term care, or additional hospital stays. To get the benefits you want, you should select a plan that provides what you want.

Look at provider networks.

When you go to visit a doctor’s office or hospital, you need to know what services they provide. You also need to know if they participate in Medicare. There are two main networks: the Medicare Advantage network and the Medicare Standard network. 

Private insurance companies provide the Medicare Advantage network, and the federal government provides the Medicare Standard network. You pay for the services you receive through your health plan or out of pocket. Therefore, it is essential to ask about the doctor or hospital’s services before deciding where to go. The private insurance company now takes over your Medicare health insurance administration from the federal government.

The Six worst Medicare Supplement Insurance Companies

Colonial Penn

Colonial Penn is a well-known guaranteed issue life insurance provider offering Medicare supplement plans. Although Colonial Penn may be well-known, we recommend using another provider for your Medicare supplement needs. The Colonial Penn Company offers above-average prices and has many unsatisfactory customer reviews.

In 2016, Colonial Penn was named the worst Medicare supplement insurance company by Consumer Reports. They ranked number one with a score of 1 out of 10. 

Harvard Pilgrim

Harvard Pilgrim is one of the worst insurance companies. Humana owns it and has been repeatedly criticized for its business practices. It also has a history of being slow to pay claims and failing to cover basic needs like vision care. Because of this, consumers should look elsewhere for coverage.

Consider looking into an independent provider network (IPN) which will help you find the right policy. Harvard Pilgrim is one of the worst Medicare Supplement Insurance Companies. Their policies cover very little and don’t give you any money back. Their only reason to exist is to make money from your sick days.

In addition to high Medicare supplement insurance rates, Harvard Pilgrim has a poor reputation with customers.

State Farm

State Farm has been named the worst Medicare supplement company in America. They are known for having high premiums and low benefits. However, their policies still need to meet the minimum requirements set forth by the government. 

In 2011, Medicare spent 19 billion dollars on Medicare Part B premiums, and State Farm paid $2 billion in claims. That means that State Farm paid only 2% of what it charged in premiums.

Preferred Provider Organizations (PPOs)

Medicare PPOs often charge high premiums for insurance plans and don’t give seniors the same discounts as Medicare Advantage plans. In addition, these companies typically have high deductibles and meager reimbursement rates, which makes them less affordable than Medicare Advantage plans. 

There will be a higher out-of-pocket limit for out-of-network services in PPO plans. For example, PPOs allow for out-of-network and in-network doctor visits. Still, the out-of-pocket limits will be higher for out-of-network items and services.

The worst Medicare Advantage plans are from Wellcare because it has a low overall rating of 2.8 stars, and existing policyholders give their medical plans just 1.9 stars.

Health maintenance organizations (HMOs)

You only have coverage in your service area with an HMO plan. In addition, you will receive fewer benefits and lower costs with these health maintenance organizations (HMOs). 

As a result, therefore, it is possible to put yourself at risk when traveling. You will give up your freedom to make healthcare decisions to some extent.


Co-pays are the worst medicare supplement insurance companies. Copays are bad for Medicare. This is because they take money away from Medicare and put it towards private insurance companies. 

If you do not use your private insurance, you pay more into Medicare. Therefore, it would be best if you looked for a better alternative. In addition, it would be best to avoid Co-pays for your Medicare supplement needs.

Best Medicare Advantage for customer satisfaction: Kaiser Permanente

Kaiser Permanente has the best Medicare Advantage plans for customer satisfaction in 2023. The plan has a high satisfaction rating from people who have used this plan. In addition, your doctor must be part of your Kaiser Permanente plan. This ensures that you will have access to the best doctors available.

Kaiser Permanente is one of the largest healthcare systems in the United States. Kaiser has over 9.2 million members and serves millions more through its various healthcare services. Kaiser is one of the largest health insurance providers in the country and is known for its quality of service and excellent customer satisfaction record. In many cases, the per-day co-pay for Medicare Advantage plans will exceed the Part A deductible for hospital admissions during your inpatient visit.

Medicare Advantage company with the most extensive network: Blue Cross Blue Shield

Blue Cross Blue Shield of Michigan is the largest Medicare Advantage Company. It offers plans in 45 states, including Florida. They also offer a range of different plan options for seniors. 

These plans include Medicare Advantage plans, Medicare Supplement plans, and Medicare Part D plans. Most also include Part D prescription drug coverage and may offer additional dental, vision, hearing, and fitness benefits. Most of the remaining 52 percent of the state’s Medicare recipients opted for insurance coverage under Original Medicare.

Star ratings are used by the Centers for Medicare & Medicaid Services to determine the quality of a Medicare Advantage plan.

Final Thought

It’s hard to find a good Medicare Supplement plan. And finding the one that fits your needs can be challenging. It takes time to decide which plan to choose. The following are some of the worst Medicare Supplement plans that we have reviewed. 

These companies need more transparency, are challenging to work with and fail to provide high-quality service to their clients. Hopefully, you will benefit from our advice in choosing a better Medicare Supplement plan.

What is the highest-rated Medicare Supplement company?

The highest-rated Medicare Supplement company in 2019 is SelectMed. 

SelectMed is rated 8.5 out of 10 based on reviews from 1,933 customers. In addition, it has an A+ rating with the Better Business Bureau. You can compare the prices and benefits of SelectMed to Medicare Advantage plans in your area. 

What is the most widely accepted Medicare Advantage plan?

The most widely accepted Medicare Advantage plan is the Medicare Part D Preferred Plan. The most commonly accepted Medicare Advantage Plan is the Medicare Advantage Plan from UnitedHealthcare. 

The UnitedHealthcare Medicare Advantage Plan has a low premium, no deductible, and no maximum out-of-pocket expenses. In addition, you are not required to pay a premium, and there is no cost sharing.

How famous will Medigap plans be in 2023?

The most widely accepted Medicare Advantage plan in 2023 is Humana. Humana has over 2.2 million members, and many of the nation’s leading healthcare providers accept its Medicare Advantage plans.

Humana also has many different Medicare Advantage plans to choose from. For example, Humana offers over ten different plans. In addition, many other Medicare Advantage plans that many healthcare providers accept.

Are most people happy with Medicare Advantage?

Medicare Advantage is a health insurance plan for people who don’t qualify for Medicare. The plan is offered by private insurance companies that sell Medicare Advantage Plans. Most people like this insurance because they don’t have to pay deductibles or copays. 

They are also offered different plans with different benefits. They can even choose to have a Health Savings Account, a savings account that gives them tax breaks. This makes Medicare Advantage a good choice for many people.

What’s the Best Medicare Advantage Plan in 2023?

The best Medicare Advantage Plan in 2023 is the Humana Health Choice plan. It is a Medicare plan that offers comprehensive benefits and provides Medicare coverage. This Medicare plan is offered to people who meet specific criteria. 

This plan is affordable for most individuals. Humana Health Choice plan offers extra benefits such as dental, vision, and prescription coverage. It has no deductible or coinsurance. Humana Health Choice plan is a low premium plan with no cost-sharing requirements.

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