The Green Cover plan has been discontinued as of Nov 21, 2018.
There are alternative plans available on the Green Card Insurance Plans page. You can also send an email to email@example.com to speak with a licensed insurance expert to help you find a suitable insurance policy.
US residents who are waiting on Medicare to begin may be eligible for Bridge Plan or Green Cover Insurance. These temporary health insurance plans provide medical insurance for green card holders and US residents during the transition period between regular insurance and Medicare.
Bridge Plan and Green Cover insurance policies both provide medical coverage for US residents, green card holders above the age of 60 years and have the same policy maximum ranging from $25,000 to $250,000. US residents ages 60 to 95 are eligible for these plans, and both plans have the same policy maximum for each age range. With these similarities in place, eligible US residents should consider the ways in which the plans differ to decide which is the best fit. The four main differences of Bridge Plan Insurance and Green Cover Insurance are outlined below.
1. Premium Cost
Green Cover has a lower average monthly premium than Bridge Plan. However, the difference is not significant. Someone age 75 might pay a monthly premium of $382 for Bridge Plan and $376 for Green Cover, for example.
2. Length of Policy Period
The policy period of Green Cover is 364 days compared to that of the Bridge Plan, which is only 11 months. Although not a significant difference, this could still be a deciding factor in selecting between the two policies. Green Cover can give you a little longer length of coverage compared to Bridge Plan.
3. Coverage Area
Green Cover provides worldwide coverage while the Bridge Plan only provides US coverage. Anyone who needs US as well as international coverage may be better off with Green Cover.
4. PPO Network
Green Cover has a PPO Network, which means that the hospital will bill the insurance company directly when you go to a hospital within the network. This makes the process more convenient since those who receive treatment within the PPO Network dont have to get reimbursement from the insurance company.
Additional differences between Bridge Plan and Green Cover Insurance are presented in the table below.
|Bridge Plan Insurance||Green Cover Insurance|
|Underwriting Process||Approximately 2 weeks||Approximately 2 days|
|Policy Period||11 months||364 days|
|Not Available In||Delaware, Iowa, Kentucky, Mississippi, Montana, Nebraska, New Jersey, New York, North Carolina, Pennsylvania, Rhode Island, Tennessee, Wyoming||Maryland, Washington|
|Part A||Hospitalization (& prescriptions during hospitalization),
Skilled Nursing Facility,
Home Health Care
|Hospitalization (& prescriptions during hospitalization),
Skilled Nursing Facility,
Home Health Care
|Part B||Physicians & Surgeons Benefits, Supplies, Therapy, Ambulance||Physicians, Surgeons Benefits, Inpatient & Outpatient Care, Supplies, Therapy, Ambulance|
|Specialized Benefits||Alzheimer's Disease ($25,000),
Cardiac/Cancer ($25,000), Cataract Surgery ($2,000)
|Alzheimer's Disease ($25,000),
Cardiac/Cancer ($25,000), Cataract Surgery ($2,000), Dental ($200/accident)
|Monthly Premium (Average)||Ranging from $271 to $843 depending on age||Ranging from $266 to $831 depending on age|
|Policy Administrator||Peterson Int. Underwriters||Seven Corners|
|Underwriters||Lloyds of London||Lloyds of London|
If you are a green card holder, or new immigrant waiting on Medicare health insurance, Bridge Plan Insurance and Green Cover Insurance are both good options for you. However, depending on your specific insurance needs and eligibility, you should compare your options and weigh the differences before selecting one policy over the other.
It is extremely important that Seniors or elderly travelers have a medical insurance while they are waiting for their medicare, mediCAL or any other state based medical insurance program. To get more information about health insurance for green card holders, visit medical insurance for green card holders or see our seniors section.