Accendo and its Affiliation with Aetna and CVS
Accendo Insurance Company is a subsidiary of Aetna, which is part of CVS Health. The three companies work together to provide Accendo’s Medicare Supplement plans. The Accendo plans are issued by Aetna Health and Life Insurance Company, which has an A rating from A.M. Best.
With its parent and grandparent companies, Accendo has a strong financial backing and nationwide presence.
Accendo’s Medicare Supplement Plans
Accendo offers a range of Medicare Supplement plans, including Plan A, Plan B, Plan F, Plan G, and Plan N. These plans help cover the out-of-pocket costs that Original Medicare (Part A and Part B) doesn’t cover. Depending on the plan, benefits may include deductibles, copayments, coinsurance, foreign travel emergency coverage, and more.
For a comprehensive guide on how to compare different Medicare Supplement plans read this article.
States Where Accendo’s Medicare Supplement Plans are Available
Accendo’s Medicare Supplement plans are available in select states across the country. As of 2023, the plans are available in Arizona, Colorado, Georgia, Iowa, Illinois, Indiana, Kansas, Kentucky, Louisiana, Michigan, Minnesota, Missouri, Mississippi, North Carolina, Nebraska, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Utah, and Wisconsin.
Accendo’s Ratings from A.M. Best and JD Power
A.M. Best rates Accendo’s parent company Aetna Health and Life Insurance Company as A, which indicates excellent financial strength.
The company has not yet been rated by S&P, Moody’s, or Fitch.
Additionally, JD Power has not yet rated Accendo specifically, but Aetna (its parent) has received high scores in the Medicare Advantage plan category.
Household Discounts Available for Accendo’s Medicare Supplement Plans
Accendo offers a household discount for spouses who apply for an Accendo Medicare Supplement plan together.
The discount amount may vary depending on the state, but eligible couples may save up to 14% on their premiums.
How to Purchase an Accendo Medicare Supplement Plan Through CoverRight
If you’re interested in purchasing an Accendo Medicare Supplement plan, you can use CoverRight.com to compare plans and enroll. CoverRight is an online marketplace that offers free quotes, plan comparisons, and enrollment assistance for Medicare Supplement plans. Simply enter your zip code and answer a few questions to get started. The site is user-friendly, and you can compare Accendo’s plans with other top carriers in your area.
