Welcome, on this website you can learn about Kentucky Medicare and Kentucky Medicare supplemental insurance. Our goal is to provide you with the knowledge needed to select a Medicare supplement plan that best matches your needs at the lowest price available.
|Is Medicare supplement Plan F right for you?
Just what is Kentucky Medicare?
Kentucky Medicare is simply Medicare operated in the state of Kentucky. Medicare is the country’s health insurance program for folks age 65 or older. Some people younger than age 65 can receive Medicare if they have certain disabilities. The program helps with the cost of health care, but it fails to cover all medical expenses as well as the cost of most long-term care.
When should you sign up for Kentucky Medicare?
If you are not currently receiving retirement benefits it is advisable to contact Social Security about three months prior to your 65th birthday to sign up for Medicare. You can enroll in Medicare even if you do not plan to retire at 65. Click here to visit the Social Security online Retirement/Medicare application.
Medicare Part A (Hospital Insurance)
Medicare Part A covers a portion of your medical expenses once you have been admitted to 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 each 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 expenses 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 of 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 healthcare, any excess charges (some doctors may charge up to 15% above what Medicare authorizes)
Even though Medicare covers a large part of your Medical expenses there are many gaps left where you will pay. These gaps can certainly strain a person’s financial resources when they are on a set budget. A Kentucky Medicare supplemental insurance policy can cover most or all of the Medicare cost and they are very affordable for most people.
Kentucky Medicare supplement insurance plans are offered by private insurance companies. The federal government has standardized these plans. Which means that all plans identified by the same letter provide identical coverage regardless of whether you purchase your insurance from New Era, Gerber, Sterling, AARP or some other insurance company. Nationwide three of the most popular plans are F, G, and N.
Kentucky Medicare supplement plan F: This is the most common and comprehensive plan. It covers all of the gaps left in both Medicare Part A and Part B.
Kentucky Medicare supplement plan G: This plan is almost the same as Medicare supplement plan F with the exception of not covering the annual Medicare Part B deductible. For many this plan is often the smartest choice if you don’t mind paying the yearly deductible instead of the sometimes higher monthly premiums for Medicare supplement plan F.
Kentucky 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 return for lower monthly premiums. It is designed as an alternative to Medicare Advantage plans, while still giving you the freedom and security of a Medicare supplement plan. This plan also does not cover excess charges.
There are numerous insurance companies offering Kentucky Medicare supplement plans and the prices can vary wildly from company to company. Many who do not use the services of an independent agent wind up paying over 40-50% more a month for insurance! It is a shame because 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.