Welcome, here you will learn about Michigan Medicare and Michigan Medicare supplemental insurance. Our goal is to supply you with the information to purchase a Medicare supplement plan that best meets your needs at the least expensive price available.
|Is Medicare supplement Plan F right for you?
So what is Michigan Medicare?
Michigan Medicare is simply Medicare run in the state of Michigan. Medicare is our country’s health insurance program for people age 65 or older. Some people younger than age 65 can get Medicare when they have certain disabilities. The program helps pay for the cost of healthcare, but it will not cover all medical expenses or the cost of most long-term care.
When do I need to sign up for Michigan Medicare?
For those that are not already receiving retirement benefits it is best to contact Social Security about three months prior to your 65th birthday to enroll in Medicare. You may sign up for Medicare even if you do not intend 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 a portion of your medical bills after you have been admitted to 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 per day for days 61-90 hospital room and board, $578 daily 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 costs thereafter.
Medicare Part B (Doctor Insurance)
Medicare Part B covers a portion of your medical expenses for doctor services, some preventive services and various 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 to include doctor service while as a hospital patient, 40% outpatient mental healthcare, any excess charges (some doctors charge as much as 15% above what Medicare authorizes)
Although Medicare covers a substantial portion of your Medical expenses there are plenty of gaps left for you to pay. These gaps can certainly strain a person’s financial resources when they are on a set budget. A Michigan Medicare supplemental insurance policy can cover most or all of the Medicare cost and they are very affordable for most people.
Michigan Medicare supplement insurance plans are provided by private insurance companies. The federal government has standardized these plans. Which means that all plans labelled by the same letter provide the exact same coverage regardless of whether you get your insurance from AARP, Blue Cross, Loyal American, Mutual of Omaha or any other insurance company. Nationwide three of the most popular plans are F, G, and N.
Michigan Medicare supplement plan F: This is the most common and comprehensive plan. It covers all the gaps left both in Medicare Part A and Part B.
Michigan Medicare supplement plan G: This plan is just about the same as Medicare supplement plan F except for not covering the yearly Medicare Part B deductible. For many this is the best choice when you don’t mind paying the yearly deductible as opposed to the often higher monthly premiums for Medicare supplement plan F.
Michigan Medicare supplement plan N: Unlike Medicare supplement plan F this plan has 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.
There are many insurance companies providing Michigan Medicare supplement plans and the prices 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 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.