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Vedanth Bhartee
Writer · Reviewed by Richard ChanUpdated Jun 12, 2026
2 min read
Wellabe (Medico) provides Medicare Supplement plans that cover costs not paid by Original Medicare, such as Part B coinsurance and hospital deductibles.
Medico Medigap policyholders have the flexibility to seek care from any provider in the United States that accepts Original Medicare.
Wellabe may offer various discounts, including household discounts for spouses or roommates who also enroll in their Medicare Supplement plans.
When evaluating health insurance, heritage matters. Wellabe (which many long-time policyholders still recognize by its former name, Medico Insurance Company) is a steadfast, privately held insurance provider headquartered in Omaha, Nebraska. For over 80 years, they have quietly built a rock-solid reputation for delivering dependable, highly affordable coverage. Today, Wellabe focuses heavily on providing Medicare Supplement plans specifically designed to protect seniors from the frightening out-of-pocket costs that Original Medicare leaves behind.
To shield your retirement savings from unpredictable hospital bills and clinic fees, Wellabe offers a streamlined portfolio of Medicare Supplement (Medigap) plans. Their offerings include Plan A, Plan F, Plan G, and Plan N. These policies operate as your financial safety net, automatically covering burdensome expenses like high deductibles, mounting coinsurance, and sudden copayments.
Crucially, because Medigap policies are heavily regulated by the federal government, a Plan G from Wellabe provides the exact same core medical benefits as a Plan G from any massive national carrier—often at a more competitive price point.
While they are headquartered in the Midwest, Wellabe's reach is impressive. Their Medicare Supplement plans are actively available across 39 states, spanning from Alabama to Wyoming, ensuring millions of seniors have access to their competitive rates.
Financial stability is the backbone of any reliable insurance policy. Wellabe holds a strong "A-" rating from A.M. Best, one of the most rigorous and respected independent insurance rating agencies in the world. This indicates a high level of financial health and claims-paying ability.
While the company opts out of ratings from S&P, Moody’s, or Fitch, their most important critics—their actual policyholders—are incredibly satisfied. Wellabe boasts a stellar 4.5 out of 5 customer satisfaction rating from J.D. Power, proving that they treat their members with the care and respect they deserve.
Healthcare is often a shared household expense, and Wellabe rewards families who enroll together. If two eligible individuals living under the same roof purchase a Medigap plan through Wellabe, they can unlock a valuable household discount. Depending on your state's specific regulations, this discount can knock up to 7% off your monthly premiums.