AMA Insurance Medicare Review & Complaints: Health Insurance (2024)
The AMA Insurance Medicare Supplement provides every Medicare plan, although Plans F and C are not available to newly eligible for Medicare. The cheapest AMA Medicare insurance rates are $72.52 for Plan K, and Plan A runs $105.84/mo. AMA membership is not required to apply for AMA Medicare coverage.
Free Health Insurance Comparison
Compare Quotes From Top Companies and Save
Secured with SHA-256 Encryption
Michael Leotta
Insurance Operations Specialist
Michael earned a degree in Business Management degree with an insurance focus, which led to a successful 25-year career in insurance claims operations and support. He possesses a high-level of business acumen across multiple areas of the insurance industry. Over the course of his career, he served in multiple roles supporting claims operations including: Claims Specialist, Claims Trainer, Claim Au...
Insurance Operations Specialist
UPDATED: Feb 28, 2024
It’s all about you. We want to help you make the right coverage choices.
Advertiser Disclosure: We strive to help you make confident insurance decisions. Comparison shopping should be easy. We are not affiliated with any one insurance provider and cannot guarantee quotes from any single provider.
Our insurance industry partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different insurance companies please enter your ZIP code on this page to use the free quote tool. The more quotes you compare, the more chances to save.
Editorial Guidelines: We are a free online resource for anyone interested in learning more about insurance. Our goal is to be an objective, third-party resource for everything insurance related. We update our site regularly, and all content is reviewed by insurance experts.
UPDATED: Feb 28, 2024
It’s all about you. We want to help you make the right coverage choices.
Advertiser Disclosure: We strive to help you make confident insurance decisions. Comparison shopping should be easy. We are not affiliated with any one insurance provider and cannot guarantee quotes from any single provider.
Our insurance industry partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different insurance companies please enter your ZIP code on this page to use the free quote tool. The more quotes you compare, the more chances to save.
On This Page
AMA Insurance is a subsidiary of the American Medical Association, one of the best-known medical professional organizations in the nation. The company provides a wide variety of insurance products to physicians and their families, including business insurance for medical practices and supplemental health insurance policies like Medicare Supplement. Remember: it’s imperative that you search for the best insurance companies in your area to get the best plan for you.
This AMA Insurance Medicare review will look at which insurance plans are available and how the insurance company’s reputation stacks up. We’ll also cover how to get AMA Insurance Medicare quotes and who is eligible.
You may decide to buy the company’s Medicare coverage after you read this review, but first make sure you’ve compared your options. Enter your ZIP code into our FREE tool above to get an insurance quote today.
What is AMA Insurance?
The American Medical Association was founded in New York City by Dr. Nathan Davis in 1847. The group works to advance medical science, establish and maintain medical ethics, and improve public health. They have become one of the most trusted medical groups in the world and their recommendations help to guide public health decisions. The AMA Medicare for all opposition is one of the organization’s more controversial stances.
AMA Insurance is a branch of the AMA created to help provide physicians with the insurance they need, both professionally and personally. The subsidiary does not underwrite all of the products they offer; in fact, most are part of partnerships with other insurance companies designed to provide easy access and discounted rates to doctors. These products are referred to as AMA sponsored, and include auto insurance and home insurance through Liberty Mutual and Medicare Supplement insurance underwritten by Transamerica.
AMA products are available only to physicians and their families, but AMA membership is not required to apply for coverage. Products are sold through the AMA Insurance Agency’s licensed agents.
Read more: AMA Insurance Review & Complaints: Auto, Home, Life & Health Insurance
Are you looking for free insurance quotes?
Your one-stop online insurance guide. Get free quotes now!
Secured with SHA-256 Encryption
What Medicare Supplement Insurance is available?
AMA Medicare insurance includes Medicare Supplement plans and Part D coverage. These plans are available across the country to doctors with special discounts, and the plan options vary by state.
California is our usual sample state for comparing plans and rates, so we used a ZIP code there to obtain some plan and rate information. These rates will differ for you based on location and age.
Our search in this state returned a solid list of plan options. AMA Insurance products include plans A, B, C, D, G, F, K, L, M, and N – that is every available plan with the exception of the high deductible version of plan F. There are more options here than we see from most insurance companies, some of which may offer only a handful of these standard plans.
Plan A is considered the base plan that covers Medicare coinsurance at 100% as well as the first three pints of blood each year. The remaining plans add varying amounts of coverage – some do not cover coinsurance amounts at 100%, but most do – up to the highest level of coverage offered by Plan F. Plan F covers all out of pocket costs, which usually makes it the most expensive option. This is the reason for the high deductible version that brings down the monthly cost of coverage, but this plan is not listed as an option.
Plans K and N are the two that do not include the same basic benefits as Plan A and all of the rest, meaning coinsurance amounts are not paid in full. These plans are often a budget option due to the differences in coverage.
In accordance with new rules, Medicare supplement Plan F is no longer available to those newly eligible for Medicare on or after January 1, 2020. The same applies to Plan C.
Medicare Part D prescription drug coverage is sold through eHealth (read our “eHealthInsurance Review & Complaints” for more information) and may be underwritten by a variety of companies.
Does the company have competitive rates?
Because rates vary by location and age, it is difficult to compare the quotes we did receive; still, these numbers provide us with some information about the pricing of plans.
Plan A came back at a monthly rate of $105.84, which is reasonable for this plan based on what we see from Supplement insurers across the country. The cheapest plan is Plan K at$72.52/mo.
Plan G had a rate of $145.04. Plan D was the most expensive plan at $146.02/mo., but not by a wide margin. For the comprehensive coverage this plan offers, it is a good value compared to some of the other AMA branded options.
The AMA offers a 5% discount when you enroll a spouse at the same time, as well as 2% off if you pay your monthly premiums using EFT.
Claims Process With AMA Insurance Medicare
Ease of Filing a Claim
Customers often wonder about the ease of filing a claim with their insurance provider. In today’s digital age, insurance companies offer multiple channels for filing claims. These include online platforms, phone support, and mobile apps.
- Online: Most insurance companies provide a user-friendly online portal where policyholders can easily submit claims. This method allows for quick and convenient claim initiation, with policyholders providing necessary details and documentation electronically.
- Over the Phone: Some customers prefer the personal touch of speaking to a representative. Insurance companies typically offer a toll-free claims hotline, making it accessible for policyholders to report incidents and begin the claims process over the phone.
- Mobile Apps: Many insurance companies have developed mobile apps that enable policyholders to file claims on the go. These apps often include features like uploading photos, documenting incidents, and tracking the progress of a claim.
Average Claim Processing Time
The time it takes for an insurance company to process a claim is a crucial factor in customer satisfaction. Policyholders expect a timely resolution to their claims to get their lives back on track.
The average claim processing time can vary from one insurance company to another and depends on the complexity of the claim. In general, insurance companies strive to streamline their processes to minimize delays and provide efficient claim settlements.
Customer Feedback on Claim Resolutions and Payouts
Customer feedback plays a pivotal role in assessing the performance of an insurance company’s claims department. Policyholders’ experiences with the claims process, especially the resolution and payout stages, are indicative of the company’s commitment to customer satisfaction.
Insurance companies often collect feedback through surveys, customer reviews, and direct interactions. Positive feedback highlights efficient claims handling and fair payouts, while negative feedback can signal areas for improvement.
Are you looking for free insurance quotes?
Your one-stop online insurance guide. Get free quotes now!
Secured with SHA-256 Encryption
Digital and Technological Features With AMA Insurance Medicare
Mobile App Features and Functionality
The advent of mobile technology has transformed how insurance companies interact with their policyholders. Mobile apps have become a valuable tool for insurers to enhance customer experience and provide a range of services.
Insurance mobile apps typically offer features such as policy management, claims filing, document storage, and bill payment. These apps aim to simplify the insurance process, allowing policyholders to access essential information and services from the convenience of their smartphones.
Online Account Management Capabilities
Online account management is a fundamental component of the digital experience offered by insurance companies. Policyholders can log in to their accounts through web portals to access policy documents, make changes to their coverage, view billing statements, and update personal information.
The availability of online account management streamlines administrative tasks, reducing the need for policyholders to contact customer service for routine requests.
Digital Tools and Resources
Insurance companies are increasingly providing digital tools and resources to help policyholders make informed decisions and mitigate risks. These tools may include calculators for estimating coverage needs, educational content on insurance topics, and safety guides.
The integration of digital tools and resources into an insurance provider’s offerings demonstrates a commitment to supporting policyholders beyond just selling policies. These resources empower policyholders to take proactive steps in managing their insurance needs and safeguarding their assets.
Are the company’s reviews and ratings positive?
AMA Insurance Agency, Inc. has an A+ rating with the Better Business Bureau (BBB), and there are a total of three customer complaints on file in the past three years. There are no customer reviews listed.
Since the Medicare Supplement plans are underwritten by Transamerica, which is mostly a life insurance company, we also took a look at their BBB file. It’s not really one of the top rated companies. There, we found a B rating which is reduced by the BBB due to failure to respond to two complaints and four complaints that were not resolved. The insurance company has a total of 413 customer experience complaints on file in the past three years. To have total confidence in a company’s reputation, we would like to see fewer complaints and resolution of those complaints; even a high volume is not an issue if the company is resolving all of the issues.
Transamerica is a life insurance company primarily, and the complaints likely focus mainly on those products rather than the AMA branded Medicare Supplement. Still, a company’s overall reputation applies to every product they sell.
Read more: Transamerica Insurance Review & Complaints: Life Insurance
AMA Insurance Medicare: What’s the bottom line?
While the company has a good reputation and offers good prices on coverage to those that qualify (physicians and their families), Transamerica is the underwriting company and their reputation is not as solid as we would like to see. Since it is Transamerica that would be handling the most vital part of any insurance contract – claims – we would recommend being sure to weigh all of your options for your Medicare Supplement health care coverage.
Affordable AMA Insurance Medicare supplements might be an option for you, but comparing rates will make your choice easier.
Enter your ZIP code now to get free quotes.
Are you looking for free insurance quotes?
Your one-stop online insurance guide. Get free quotes now!
Secured with SHA-256 Encryption
Frequently Asked Questions
What is AMA Insurance Medicare?
AMA Insurance Medicare is a health insurance plan designed for individuals who are 65 years or older, or for those who are disabled or have certain chronic conditions. It is a federally funded health insurance program, and it covers a wide range of medical services, including hospital stays, doctor visits, and prescription drugs.
How do I enroll in AMA Insurance Medicare?
To enroll in AMA Insurance Medicare, you can visit the Medicare website or call 1-800-MEDICARE. You can also visit your local Social Security office to enroll. It is important to enroll during the designated enrollment period, which is typically between October 15th and December 7th.
What are the benefits of AMA Insurance Medicare?
The benefits of AMA Insurance Medicare include coverage for hospital stays, doctor visits, preventive services, prescription drugs, and other medical services. It also provides coverage for certain medical supplies, such as walkers and wheelchairs. Additionally, AMA Insurance Medicare offers a number of preventative services, including mammograms, colorectal cancer screenings, and flu shots.
Are there any complaints about AMA Insurance Medicare?
Like any health insurance program, there are bound to be some complaints. However, AMA Insurance Medicare has generally received positive reviews from its members. Some common complaints include issues with customer service, high costs for certain services, and limitations on coverage.
How can I file a complaint about AMA Insurance Medicare?
If you have a complaint about AMA Insurance Medicare, you can contact Medicare directly by calling 1-800-MEDICARE or by visiting their website. You can also file a complaint with the Office of the Medicare Ombudsman, which is an independent organization that helps people with Medicare complaints and appeals. Additionally, you can contact your state’s insurance department to file a complaint.
Are you looking for free insurance quotes?
Your one-stop online insurance guide. Get free quotes now!
Secured with SHA-256 Encryption
Michael Leotta
Insurance Operations Specialist
Michael earned a degree in Business Management degree with an insurance focus, which led to a successful 25-year career in insurance claims operations and support. He possesses a high-level of business acumen across multiple areas of the insurance industry. Over the course of his career, he served in multiple roles supporting claims operations including: Claims Specialist, Claims Trainer, Claim Au...
Insurance Operations Specialist
Editorial Guidelines: We are a free online resource for anyone interested in learning more about insurance. Our goal is to be an objective, third-party resource for everything insurance related. We update our site regularly, and all content is reviewed by insurance experts.