While there still may be Philadelphia Life policy holders out there, the life insurance company known as Philadelphia Life was merged with Conseco back in 1998. Since then, old policy holders and potential new clients have been managing their health insurance policies (including their signature Philadelphia Life Medicare Plans) through Conseco and its subsidiaries.

Affiliated Brand Names

  • Philadelphia Life
  • Philadelphia Life Insurance Company
  • Conseco
  • Conseco Life Insurance Company
  • CNO Financial Group

Company Highlights

  • Closed its doors and merged with Conseco in 1998
  • Manages health policies through a variety of subsidiaries
  • Changed its name to CNO Financial Group in 2010

Medicare Plans Offered

Depending on which one of Conseco’s many subsidiaries are operating in your area, you can choose between any of the following products:

Medicare Supplement Plans YES
Medicare Advantage Plans YES
Medicare Part D Drug Plans YES

Philadelphia Life Medicare Plans Premium Comparison

Comparing rates is a good place to start when shopping around for an insurance company. Take a look at the bar graph below. The included data helps consumers like you compare Philadelphia Life’s premiums to national averages across the country:
This Table Represents National Average Costs of Medicare Supplement Plans

Plan Type Starting From Part A Deductible Part B Deductible Excess Nursing Travel
Plan C $118* $0 $0 Not Covered 100% Covered 100% Covered
Plan F $116* $0 $0 100% Covered 100% Covered 100% Covered
Plan G $105* $0 $233 100% Covered 100% Covered 100% Covered
Plan B $104* $0 $233 Not Covered Not Covered Not Covered
Plan N $70* $0 $233 Not Covered 100% Covered 100% Covered
Plan D $97* $0 $233 Not Covered 100% Covered 100% Covered
Plan A $69* $1,556 $233 Not Covered Not Covered Not Covered
Plan L $76* $389 $233 Not Covered 75% Covered Not Covered
Plan K $45* $778 $233 Not Covered 50% Covered Not Covered
Plan M $97* $778 $233 Not Covered 100% Covered 100% Covered

Financial Strength Ratings

The stronger a company is, financially speaking, the more reliable they will be over the long haul. According to the top 3 major ratings agencies, Philadelphia Life has earned the following ratings. It should be noted, though, that their parent company, Conseco, has an “A” rating from A.M. Best.

A.M. Best Rating No Rating
Standard & Poor’s Rating No Rating
Moody’s Rating No Rating

*Ratings as of 2/17/15

Philadelphia Life Video

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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.