Welcome, here you will learn about Iowa Medicare and Iowa Medicare supplemental insurance. Our goal is to supply you with the knowledge to select a Medicare supplement plan that best suits your needs at the least expensive price available.
|Is Medicare supplement Plan F right for you?
Just what is Iowa Medicare?
Iowa Medicare is just Medicare run inside the state of Iowa. Medicare is the country’s health insurance program for people age 65 or older. Some people younger than age 65 can qualify for Medicare when they have specific disabilities. The program helps pay for the cost of healthcare, but it will not cover all medical expenses as well as the cost of most long-term care.
When should you sign up for Iowa Medicare?
For those that are not currently receiving retirement benefits you will want to contact Social Security around three months before your 65th birthday to sign up for Medicare. It is possible to sign up for Medicare even if you do not plan to retire at age 65. Click here to visit the Social Security online Retirement/Medicare application.
Medicare Part A (Hospital Insurance)
Medicare Part A covers part of your medical expenses when you have been admitted into a hospital, skilled nursing facility, hospice, and some home health care.
You pay (2012): The per incident period (not annual) deductible for Medicare Part A of $1156, $289 per day for days 61-90 hospital room and board, $578 each 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 part of your medical bills for doctor services, some preventive services as well as other medical services and supplies which 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 including 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)
While Medicare covers a large portion of your Medical expenses there are plenty of gaps left where you will pay. These gaps can easily strain a person’s financial resources. A Iowa Medicare supplemental insurance policy can provide protection from most or all the Medicare gaps and they are very reasonably priced for most people.
Iowa Medicare supplement insurance plans are offered by private insurance companies. The federal government has standardized all of these plans. Which means all plans labelled by the same letter provide the exact same coverage regardless if you get your insurance from Family Life, Mutual of Omaha, AARP, Blue Cross or some other insurance company. Nationwide three of the most popular plans are F, G, and N.
Iowa 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.
Iowa Medicare supplement plan G: This plan is just about the same as Medicare supplement plan F except for not paying the yearly Medicare Part B deductible. For many people this plan is often the smartest choice if you don’t mind paying the yearly deductible instead of the often more expensive monthly premiums for Medicare supplement plan F.
Iowa Medicare supplement plan N: Unlike Medicare supplement plan F this plan contains a bit of cost-sharing ($20 doctor’s office co-pay and $50 emergency room co-pay in 2011) in exchange for less expensive monthly premiums. It is designed as an alternative to Medicare Advantage plans, while adding the freedom and security of a Medicare supplement plan. This plan also does not cover excess charges.
There are lots of insurance companies selling Iowa Medicare supplement plans and the rates can vary greatly from company to company. Many who do not utilize the services of an independent agent wind up paying over 40-50% more for their 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.