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News State / Region N.C. approves postcard mailer informing seniors of new low cost Medicare supplement insurance

The North Carolina Department of Insurance has approved the postcard mailer describing a low-cost Medicare Supplement insurance plan now available to North Carolina seniors. The postcard will be mailed to senior citizens who are eligible for Medicare Supplemental insurance.

State Mutual President and CEO, Delos Yancey III, said that North Carolina residents of Medicare age now have access to the lowest cost Medicare supplement insurance available anywhere in the nation.

Yancey said that State Mutual Insurance Company will allow Medicare-age consumers to apply for the supplemental Medicare insurance policy online, without having to talk with an insurance agent.

Information on the low cost Medicare supplement policy is available at www.ncdoi.com/medisupp/citizen/ search/asp or on the company website www.statemutualinsurance.com.

A random comparison of Medicare supplement policies listed on the SHIIP website, shows that the State Mutual policy is generally the lowest-cost in most categories, and in some cases, costing less than half the price of the most expensive policies for the same coverage.

The online program allows an interested customer to review and select a product; see a price quote; submit an application; receive confirmation of coverage and receive his or her policy in a few minutes of online time. Most policies will be issued within a working day, rather than the customary one to two month wait for underwriting review and processing.

The customer can also download his or her policy and store it for review at any time. Consumers who wish to speak to a customer service representative, either to obtain information, or to apply for a policy, can do so by calling 1-855-764-4000.


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