Who Is Lumos Insurance?

The Plateau Group, an insurance company that has served financial institutions and insurance partners since 1981, is now Lumos Insurance. The name has change, but the company’s underlying business and more than 40 years of insurance experience remain. Lumos maintains an A- (Excellent) financial strength rating from AM Best, according to the company.

What Types Of Insurance Does Lumos Do?

Lumos provides insurance products designed to help individuals and financial partners manage financial and health-related risks. Its offerings include:

• Medicare Supplements (Medigap)
• Credit protection products, including credit life, health, and property insurance
• Life and health products, including solutions designed for seniors
• Supplemental health insurance
• Specialty property and casualty (P&C) insurance

The company says it plans to expand its product offerings in 2026, including an underwritten payout annuity, long-term care plans, supplemental health products, and specialty P&C programs.

Instant Medicare Supplement Rates

Lumos Medicare Supplement Enrollment Rules At A Glance

• You’re eligible to apply for a Lumos Medigap plan up to six months prior to the month your Medicare Parts A and B are going to start with the exception of a few states including Michigan, Texas and Wisconsin.  Some companies let you apply six months early (not to be confused with the Medicare Part B enrollment period of 3 months prior), while others limit it to three months.  If you’re turning 65 and need help enrolling in Medicare Part B, or Parts A and B, call (833) 709-LIFE, and we can help with that and compare Lumos rates with other companies in your area.
• If you’re not in an enrollment period or Guarantee Issue period, and your going through medical underwriting, you can apply up to two months before you want your policy to start.

What Benefits Does Lumos Offer?

• Covers the full 20% Medicare doesn’t cover
• Accepted anywhere Medicare is approved
• No referrals necessary
• No prior authorization required (depending on state)
• Household discounts
• Foreign Travel (depending on plan)

LUMOS MEDICARE SUPPLEMENT PROS & CONS

Pros

• Lumos is rated A- by A.M. Best
• There are no preexisting condition limitations.
• No additional charges to pay monthly instead of one time per year
• Guaranteed renewable for life (provided that premiums are paid when due)
• Available in: AL, AR, AZ, CO, FL, GA, IA, KY, LA, MI, MO, NJ, NV, OH, SC, SD, TX, UT, VT, WI, WV, WY
• States pending approval: CA, DE, ID, IL, IN, KS, MD, ME, MN, MS, MT, NC, ND, NE, NH, OK, OR, PA, RI, TN, VA, WA
• If your state offers a household discount (all states other than VT), your premiums will be 3-7% less, depending on your state, if you have lived with another adult age 60 or older continuously for the last 12 months.
• Freedom to choose any effective date between the 1st and 28th of the month
• Reinstatements are available for 90 days based on medical underwriting requirements
• Automated underwriting decisions based on Milliman data.  The application will be either accepted or declined instantly about 98% of the time

Cons

• If you are in a Guaranteed Issue (SEP) Special Election Period, you can choose to go through medical underwriting and apply for a Plan N or High Deductible Plan G or F, if you don’t want a Standard Plan G or F. Our licensed agent will help you determine if you are eligible to pass medical underwriting.
• Lumos will only offer you the plans required by your state for Guaranteed Issue. For example, if you live in Texas and retire 2 years after you signed up for Medicare, you can only choose a Lumos Medicare Supplement Plan A or F. You would not be eligible to apply for an N plan on a Guaranteed Issue basis.  You can choose to be medically underwritten and apply for any plan Lumos offers in your state.
• Automated underwriting decisions based on Milliman data.  The application will be either accepted or declined instantly about 98% of the time

Lumos Medicare Supplement Plan Choices

Plan A

• Part A coinsurance and hospital costs up to an additional 365 days after Medicare benefits are depleted.
• Part A Hospice care coinsurance or copayment.
• Part B coinsurance and copays.
• Blood transfusions (first three pints).

Plan G

• Part A coinsurance and hospital costs. Medicare will cover an additional 365 days after the Medicare benefits are depleted.
• Part A deductible.
• Part A hospice care coinsurance or copayment.
• Part B coinsurance or copayment.
• Part B excess charges (Most States allow a provider to charge you 15% more than Medicare’s approved amount.)
• Skilled nursing facility care coinsurance.
• Blood transfusion (first three pints).
• Emergency health care services for the first 60 days when traveling outside the U.S.

Plans F and High Deductible F (HDF)*

• Part A coinsurance and hospital costs. Medicare will cover an additional 365 days after the Medicare benefits are depleted.
• Part A deductible.
• Part A Hospice care coinsurance or copayment.
• Part B coinsurance and copays.
• Part B deductible.
• Part B excess charges. (Most States allow a provider to charge you 15% more than Medicare’s approved amount.)
• Skilled nursing facility care coinsurance.
• Blood transfusions (first three pints).
• Emergency health care services for the first 60 days when traveling outside the U.S.

Plans G and High Deductible G (HDG)*

• Part A coinsurance and hospital costs. Medicare will cover an additional 365 days after the Medicare benefits are depleted.
• Part A deductible.
• Part A hospice care coinsurance or copayment.
• Part B coinsurance or copayment.
• Part B excess charges (Most States allow a provider to charge you 15% more than Medicare’s approved amount.)
• Skilled nursing facility care coinsurance.
• Blood transfusion (first three pints).
• Emergency health care services for the first 60 days when traveling outside the U.S.

Plan N

• Part A coinsurance and hospital costs.  Medicare will cover an additional 365 days after the Medicare benefits are depleted.
• Part A deductible.
• Part A hospice care coinsurance or copayment.
• Part B coinsurance other than up to a $20 copay for office visits or a $50 emergency room visit if you aren’t admitted to the hospital.
• Skilled nursing facility care coinsurance.
• Blood transfusion (first three pints).

* Plans F and G are also available with a high deductible option. Medicare determines the new deductible every calendar year.  You will need to pay the annual Part B deductible as with regular plans G and N also determined each year by Medicare.  Then Medicare will cover it’s part as with all other plans.  You will continue to pay the Part A and B coinsurance until the High Deductible limit is met.  After you meet the annual deductible, the plan will pay 100% of Medicare covered services for the rest of the calendar year.  Out-of-pocket costs for Foreign Travel emergency deductibles are not included in the out-of-pocket limit on the High Deductible plans.