Group Medicare Supplement Plans

Industry Leader

Globe Life Insurance Company of New York has been selling Medicare Supplement insurance since 1986. In addition to individual Medicare Supplement insurance plans, Globe Life Insurance Company of New York offers Group Medicare Supplement insurance plans to retired employees, members, and spouses of qualifying employer and union group sponsors.

Group Medicare Supplement Insurance Plans For Retirees

One of the most common challenges faced by employers and unions today is how to provide cost effective healthcare to retired employees, members, and spouses. The administrative burden and significant expense of leaving retirees on active employee plans is becoming too cumbersome and has employers and unions looking for alternative options.

Globe Life Insurance Company of New York offers a cutting-edge solution for carving out retiree populations and providing healthcare coverage supplemental to Medicare. Our Group Medicare Supplement plans are competitively priced and help manage future liabilities and enhance comprehensive benefits to Medicare-eligible retirees. Medicare’s coverage changes every year and healthcare costs continue to rise, which leaves employers and unions who provide coverage to their retirees with an increasing share of medical costs. Our plans accurately coordinate with the benefits of Medicare and are automatically revised according to annual Medicare changes.

In addition to the items outlined above, here are some other benefits of Globe Life Insurance Company of New York’s Group Medicare Supplement plans:

Group benefits with individual service
Experienced, reliable insurer
Competitive first year and renewal year rates
Guaranteed acceptance
Freedom to choose providers that accept Medicare
Excellent service and customer satisfaction

Visit www.medicare.gov for more information on Medicare for your eligible retirees.

Learn more about premium rate changes for Group Medicare Supplement plans by viewing our Narrative Summary.

Group Eligibility

Globe Life Insurance Company of New York does not exclude any industry from consideration. Currently, we underwrite employer and union groups in the following industries: municipalities, manufacturing, energy, utility, financial institutions, insurers, hospitals, religious groups, service organizations, and many more.

Eligible enrollees – retirees, spouses, and surviving spouses who are age 65 and older, enrolled in Medicare Part A and B, are eligible for Globe Life Insurance Company of New York’s Group Medicare Supplement plans. Coverage for pre-65 disabled persons who are Medicare-eligible can also be added to a quote.

How to Get a Quote

Once a qualified group is determined, all that is needed to deliver a quote is the group domicile state, a census with date of birth and ZIP code of participating members and the employer/union contribution percentage towards the premium. Quotes are generated in five days or less and Globe Life Insurance Company of New York will deliver a professional proposal document specifically for your group. Our dedicated team of professionals will provide you with the flexibility and expertise you need for your Group Medicare Supplement solutions for your retirees.

Group Benefits, Individual Service

Administering group benefits costs employers and unions a significant amount of time and money. We are here to reduce this burden. Globe Life Insurance Company of New York takes pride in providing prompt, personal, and knowledgeable customer service. Globe Life Insurance Company of New York’s services include:

Dedicated team of live customer service representatives
Choice of billing options for both the employer and retiree, including
List bill – 100% of premium billed to employer or union sponsor
Split bill – percentage of premium or fixed-dollar portion of premium billed to employer or union sponsor and remainder billed to retiree
Direct bill – 100% of premium billed to retiree
“Automatic” Claims Filing Plus^®
Globe Life Insurance Company of New York claims are paid within 9.09 days on average.*

* According to Company records (2022)

Globe Life Insurance Company of New York also has a dedicated team of Group Administrators who are assigned group accounts and handle billing and collection of premium, enrollment and disenrollment of participants, as well as many other troubleshooting and administrative tasks. Group Administrators also handle any questions your retirees have regarding their Group Medicare Supplement insurance.

How Can You Learn More?

This is a solicitation for insurance. Globe Life Insurance Company of New York is not connected with or endorsed by the U.S. government or the federal Medicare program. Policy Form GNYGRMSP10 is available from our Company.