Welcome, on this website you will learn about Illinois Medicare and Illinois Medicare supplemental insurance. The goal here is to provide the knowledge needed to select a Medicare supplement plan that best fulfills your needs at the least expensive price available.
|Is Medicare supplement Plan F right for you?
Just what is Illinois Medicare?
Illinois Medicare is simply Medicare run in the state of Illinois. Medicare is the country’s health insurance program for everyone age 65 or older. Some people younger than age 65 can get Medicare if they have specific disabilities. Medicare helps with the cost of healthcare, but it does not cover all medical expenses as well as the cost of most long-term care.
When do I need to sign up for Illinois Medicare?
If you are not currently getting retirement benefits it is advisable to contact Social Security around three months before your 65th birthday to join Medicare. It is possible to sign up for Medicare even when you do not intend to retire at 65. Click here to go to the Social Security online Retirement/Medicare application.
Medicare Part A (Hospital Insurance)
Medicare Part A covers part of your medical bills after you have been admitted into a hospital, skilled nursing facility, hospice, and some home health care.
You pay (2012): The per incident period (not per year) deductible for Medicare Part A of $1156, $289 each day for days 61-90 hospital room and board, $578 per day after 90 days (up to a maximum of 60 days over your lifetime and total costs thereafter), $144.50 each day for skilled nursing facility for days 21-100 and all of costs thereafter.
Medicare Part B (Doctor Insurance)
Medicare Part B covers a portion of your medical bills for doctor services, some preventive services as well as other medical services and supplies that are not covered by Medicare Part A. If you have Medicare Part B you will pay a premium each month out of your Social security benefits.
You pay (2012): The yearly deductible of $140, the costs for the first 3 units of blood, 20% for durable medical equipment, 20% for doctor services to include doctor service while as a hospital patient, 40% outpatient mental health care, any excess charges (some doctors charge as much as 15% above what Medicare authorizes)
Even though Medicare covers a large percentage of your Medical expenses there are plenty of gaps left for you to pay. These gaps can easily deplete a person’s financial resources. A Illinois Medicare supplemental insurance policy can fill in most or all the gaps in Medicare and they are very affordable for most people.
Illinois Medicare supplement insurance plans are offered by private insurance companies. The federal government has standardized all of these plans. This means all plans identified by the same letter provide identical coverage regardless of whether you obtain your insurance from Gerber, AARP, United Health, Mutual of Omaha or some other insurance company. Nationwide three of the most popular plans are F, G, and N.
Illinois Medicare supplement plan F: This is easily the most common and comprehensive plan. It covers all of the gaps left in both Medicare Part A and Part B.
Illinois Medicare supplement plan G: This plan is almost the same as Medicare supplement plan F except for not paying the annual Medicare Part B deductible. For many this plan is the best option when you don’t mind paying the yearly deductible as opposed to the often more expensive monthly premiums for Medicare supplement plan F.
Illinois Medicare supplement plan N: Unlike Medicare supplement plan F this plan has got some cost-sharing ($20 doctor’s office co-pay and $50 emergency room co-pay in 2011) in return for reduced monthly premiums. Plan N is designed as an alternative to Medicare Advantage plans, while adding the freedom and security of a Medicare supplement plan.
There are numerous insurance companies selling Illinois Medicare supplement plans and the rates can vary wildly from company to company. Many people who do not utilize the services of an independent agent end up paying over 40-50% more a month for insurance! It is a shame especially when getting your Medicare supplement insurance through us cost you absolutely nothing.
Click here to see the Medicare supplement plans chart
You can request Medicare supplement quotes now by clicking here and filling out a simple form. An agent will look up the rates based off of the information you provide and send the quotes to you by email.
Hello! My name is Sergeant First Class (retired) Joel Moyer, an owner and independent agent for Centaur Medicare Solutions LLC. I served our country in the US Army for over twenty years, and I look forward to serving you.
Centaur Medicare Solutions is a Limited Liability Company specializing in Medicare Supplement Insurance and Term Life Insurance. We provide our customers with an independent agent dedicated to finding the best services for that customer.
Centaur Medicare Solutions prides itself on being an ethical agency obligated to recommend products that best meet your needs, goals and financial resources. Our desire is to act as an adviser, letting you take your time to make decisions about purchases and answer any questions that you may have. Selling the right product, to the right person, at the right time is our priority. Thank you for visiting our website.