Philadelphia American is a New Era Life Insurance Company subsidiary, a more prominent insurance firm. They are located in Houston, Texas. They specialize in offering Medicare supplement insurance. This includes the Philadelphia American Medicare plans and other end-of-life insurance coverage, for people who qualify for Medicare.

Philadelphia American was founded in 1924, with new management taking over in 1989. They have several subsidiary brand names, including New Era Lide Insurance Company, New Era Life Insurance Company of the Midwest, and Philadelphia American Life Insurance.

Philadelphia American Medicare Supplement Plans

Philadephia American offers Medicare Supplemental plans in many states throughout the United States. All Medigap plan options are available except Plans K and L.

In addition to Medigap plans, Philadelphia American also offers Final Expense. Accident, Dental, and Critical Illness insurance options.

Philadelphia American Medicare Supplement Plans

Medicare Supplement plans are the most comprehensive coverage you can add to your Original Medicare. Philadelphia not only offers the nation’s top three plans, but they offer just about every Medigap option available. Philidelphia American Medigap plans are offered by all three subsidiaries. Offerings and prices can vary from state to state.

Philadelphia American Medicare Advantage Plans

Medicare Advantage, all-in-one plans aren’t offered by Philadelphia American Insurance Company or any of its subsidies.

Philadelphia American Prescription Drug Plans

Philadelphia American Insurance Company and its subsidies don’t offer Part D prescription drug plans.

Suppose you need help with Medicare Advantage or Prescription Drug plans. In that case, we are experts in all aspects of Medicare and can help resolve those issues for you.

Philadelphia American Financial Strength Ratings

All three of Philadelphia American’s subsidiaries have good financial strength ratings.

  • New Era Life Insurance Company: B++ (Outlook Positive) from A.M. Best
  • New Era Life Insurance Company of the Midwest: B++ (Outlook Positive) from A.M. Best
  • Philadelphia American Life Insurance Company: B++ (Outlook Positive) from A.M. Best

These ratings indicate that each company can promptly pay out claims and meet policyholder obligations.

Philadelphia American Reviews

When looking at Philadelphia American Insurance Company reviews, it’s essential to remember that the company has three different subsidiaries. New Era Life Insurance Company, New Era Life Insurance Company of the Midwest, and Philadelphia American Life Insurance Company have independent reviews.

Philadelphia American and its subsidiaries have worked with Medicare beneficiaries for many years. They are a financially stable company with great rates in many of the states they do business in.

FAQs

How long has Philadelphia American been in business?

Philadelphia American was founded in 1924. New management took over in 1989.

Where is Philadelphia American located?

Houston, Texas. They also have offices in many states across the country.

Does Philadelphia American only offer Medicare Supplement plans?

Yes. Philadelphia American offers Plans A, B, C, D, F, G, M, and N.

They also provide the high deductible version of Plan F as well as the high deductible version of Plan G. These plan options are named Plans HDF and HDG. Not all plans are available in all states.

Is Philadelphia American a PPO?

No, Philadelphia American offers Medigap plans. Like a PPO, you can go to any healthcare provider nationwide, assuming they accept Medicare. A Medicare Supplement plan isn’t a PPO.

Are Philadelphia American and New Era the same company?

Yes, Is Philadelphia American is a subsidy of the New Era.

How to enroll in a Philadelphia American Medicare Plan?

To enroll in a Philadelphia American, you must have Medicare Part A and B. Then, simply by speaking to one of our licensed insurance agents. Our agents specialize in Medicare and are standing by to help you. We can review your options, explain the details and process involved, and assist you with the enrollment process.

Let us be your one-stop shop for Medicare. We pride ourselves on making the process stress-free and straightforward. Fill out our online request form or give us a call.

Picture of the author
by Lindsay Malzone, Lindsay Malzone is the Medicare expert for Medigap.com. She's been contributing to many well-known publications as an industry expert since 2017. Her passion is educating Medicare beneficiaries on all their supplemental Medicare options so they can make an informed decision on their healthcare coverage.