Compare Medicare Supplement Rates.  But first you may want to look at the information below to better understand Medicare and what type of plan will work best for your needs.  You will first need Medicare Parts A and B.  Part D is your prescription plan, and you will also want to review the “Guaranteed-Issue” options below.

If you are new to Medicare and have a table full of marketing brochures, enrollment kits and Medicare guides, you are deffinately not alone if you have thrown them all away and are simply looking for some good accurate information to make the right decisions so you can move on!

Please feel free to contact me anytime with your questions.

 

When looking for a Medicare Supplement plan to help cover the costs which are not covered by Original Medicare such as; deductibles, coinsurance and percentages, you must first be familiar with what Medicare covers.

Medicare Part A …

Medicare Part A coverage is for ‘Inpatient Hospitalization.’  With Original Medicare if you are admitted to a hospital you will be responsible for a “Benefit Period Deductible” of $1,132.00.  This deductible is NOT an annual deductible but a 60-Day Benefit Period deductible.  If the situation is right a person may have to pay this $1,132.00 deductible every 60 days.

Medicare Part B …

Part B coverage is for ‘outpatient hospital’ services, outpatient physician costs, medical equipment and supplies and skilled nursing care.  Part B has an annual deductible of $162 and you are also responsible for 20% of all Part B costs after the deductible is satisfied.  Part B also has a monthly premium of $115.40.  Click here to view Part B premiums.

Medicare Part D Rx plans …

Medicare Supplement plans do not include prescription service, so you will need to enroll in a Medicare Part D plan to help cover the costs of your medications.  There are hundreds of insurance companies which provide Part D plans.  Most monthly premiums range from $15 to $50, and are typically “county specific” which means you need to choose a company and plan which provides coverage in your county.  A good place to start your search is www.Medicare.gov.  This site will list all the companies in your area along with the plan details and premiums.  Or, you can contact me and I show you the best three plans for your zip code.  Click here for more Part D info.

Confused … Don’t be

It’s not as confusing as it may appear.  When comparing Medicare Supplement Plans also known as Medigap, all companies offering insurance must offer identical Medicare Supplement plans, there are currently 11 plans as of 6/1/2010.  This can be a confusing, time consuming and overwhelming process, with so many plans, benefits, rates, websites and articles distributing all sorts of information.  Once you become familiar with Medicare and the different Medicare Supplement plans and the benefits they offer, the comparison process becomes much easier. 

• Is your Doctor or Hospital “Medicare-Approved?”  Three types of Medicare Doctors and Hospitals.

As we all know, Medicare alone leaves many gaps in coverage for both inpatient care along with outpatient coverage.  This is why so many Medicare Beneficiaries purchase a Medicare plan to cover the out-of-pocket expenses Medicare doesn’t cover.  Medicare Supplement plans C, D, F and G are the most popular of all Medigap plans, with F being the most comprehensive.  Please see the benefit chart below.  A very popular Medicare Advantage (Medicare PPO plan) is the Anthem Freedom Blue plan which is a Medicare PPO plan (Not in all areas).  In certain states this plan is a zero ($0) premium plan which includes your Part D prescription drug coverage.  The Freedom Blue plan, as popular as it is, has deductibles and copays which you are responsible for throughout the year. Whichever type of plan you choose, you will be much more secure than having Medicare alone.

 

Under-Age 65 Medicare Supplement …

Depending on the state you live in, you may have access to any of the Medicare Supplement companies and plans in your state, once you are on Medicare.  Under-Age 65 Medicare Supplement info.

Guaranteed Acceptance …

New to Medicare, coming off of an employer health insurance plan or is your Medicare Advantage plan cancelling?  These are just a few of the guaranteed-issue options available to you.  Click below to review all Guaranteed-Issue options.  

• Guaranteed Issue Rights

If you are new to Medicare or would simply like to compare rates of other companies, feel free to contact me anytime with your questions.  I’m here to help.

Need help or have Questions?

John Conner
Health & Medical
www.JohnConner.com
john@johnconner.com
800-700-1246 – phone
800-995-9913 – fax