Medico Insurance Company (Wellabe)
Medicare Supplement Plans - 2026 Rates, Reviews & Coverage
About Medico
Medico Insurance Company, a subsidiary of Wellabe, Inc. (formerly American Enterprise Group), has been providing insurance products since 1930 and is headquartered in Des Moines, Iowa. Medico offers Medicare Supplement plans in 28 states and is known for stable rates and solid customer service. In May 2025, AM Best affirmed Wellabe's A (Excellent) Financial Strength Rating with a stable outlook. Medico focuses on a streamlined plan selection - offering Plans A, F, G, HD-F, HD-G, and N - and is particularly popular in the Midwest and South.
Available Medigap Plans
All Medigap plans are standardized by federal law - a Plan G from Medico offers identical benefits to a Plan G from any other carrier. The only difference is the premium.
Plan C and Plan F are not available to anyone who became eligible for Medicare on or after January 1, 2020.
Strengths
- Long history of rate stability since 1930
- Subsidiary of Wellabe - A (Excellent) AM Best rating affirmed May 2025
- Competitive pricing in many Midwestern states
- Household discount available
- Optional dental rider available in select states
- Streamlined plan selection focused on the most popular options
Considerations
- Limited plan selection (6 plans - no Plans B, C, D, K, L, or M)
- Available in 28 states (not nationwide)
- Less name recognition than some larger carriers
- Has exited some state markets (AL, MS, OK, UT, WV in late 2024)
Best For
Enrollees in Midwestern states looking for a carrier with a long track record and stable rates.
Not Ideal For
Enrollees in coastal states where other carriers may offer better pricing.
Pricing Overview
Medico offers competitive mid-range pricing, particularly strong in the Midwest and South.
Compare Other Top Medigap Carriers
Compare Medico Rates
Our licensed Medicare agents compare Medico rates against other top carriers at no cost to you. Get your personalized quote in minutes.