Home › Knowledge › Medicare Carrier Reviews
CJ Karrer
Writer · Reviewed by Richard ChanUpdated Jun 12, 2026
2 min read
Lumico offers several standardized Medicare Supplement plans that allow policyholders the freedom to choose any doctor who accepts Medicare without needing a network.
When enrolling in a Lumico Medigap plan during the Initial Enrollment Period, beneficiaries cannot be denied coverage or charged more due to past or present health problems.
Lumico's Medicare Supplement plans typically do not cover routine vision, dental, or hearing services, as these are not covered by Original Medicare.
Lumico is a newer entrant to the Medicare Supplement market, having been founded in 2018 — but don't let its relative youth give you pause. The company is backed by Swiss Re, one of the world's leading global reinsurance firms, and Elips Life, a Swiss-based life insurance company. That institutional backing brings significant financial depth to a young organization. Lumico's stated mission is straightforward and consumer-focused: provide affordable, reliable Medicare Supplement coverage to seniors across the United States.
Lumico offers several Medicare Supplement options, including Plan A, Plan F, Plan G, Plan N, and a high-deductible version of Plan G. Each plan is designed to shoulder the out-of-pocket costs — deductibles, coinsurance, and copayments — that Original Medicare leaves uncovered. Because all Lumico Medicare Supplement plans are federally standardized, you receive the same coverage for a given letter plan regardless of which insurance company you purchase it from. That means choosing Lumico ultimately comes down to price, service, and availability in your area.
Lumico Medicare Supplement plans are currently available in the following states: Alabama, Arizona, Arkansas, Colorado, Georgia, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maryland, Michigan, Mississippi, Missouri, Nebraska, New Mexico, North Carolina, Ohio, Oklahoma, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Virginia, and West Virginia.
Lumico is actively expanding its footprint, with plans to enter additional states in the near future — so if your state isn't currently listed, it may be worth checking back.
Lumico holds an A- rating from A.M. Best — a strong signal of financial stability and a low default risk. For a Medicare Supplement policyholder, this matters: you want to know that your insurer can pay claims reliably, especially as healthcare usage tends to increase with age.
While Lumico has not been rated by S&P, Moody's, or Fitch, the company has earned notably positive feedback from customers, reflected in a 4.5 out of 5 rating from JD Power — an impressive score for a company that's only been in the Medicare Supplement market since 2018.
Lumico offers a household discount for its Medicare Supplement plans — a practical way to reduce costs if two people in the same household are both enrolling. To qualify, both individuals must purchase a Lumico Medicare Supplement plan. The discount varies by state, but can reach up to 14% in some areas, which translates to meaningful savings when factored across twelve months of premium payments.