Welcome, here you can learn about New York Medicare and New York Medicare supplemental insurance. The goal here is to provide you with the knowledge needed to purchase a Medicare supplement plan that best suits your needs at the least expensive price available.
|Is Medicare supplement Plan F right for you?
So what is New York Medicare?
New York Medicare is just Medicare operated within the state of New York. Medicare is our country’s health insurance program for everyone age 65 or older. Some people younger than age 65 can receive Medicare if they have specific disabilities. The program helps with the cost of healthcare, but it will not cover all medical expenses or the cost of most long-term care.
When should I apply for New York Medicare?
If you are not currently receiving retirement benefits you will want to contact Social Security about three months before your 65th birthday to join Medicare. It is possible to enroll in Medicare even when 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 bills when you have been admitted into a hospital, skilled nursing facility, hospice, plus some home health care.
You pay (2012): The per incident period (not annual) deductible for Medicare Part A of $1156, $289 daily for the 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 per day for skilled nursing facility for days 21-100 and all costs thereafter.
Medicare Part B (Doctor Insurance)
Medicare Part B covers part of your medical bills 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 can charge up to 15% above what Medicare authorizes)
Though Medicare covers a substantial percentage of your Medical expenses there are plenty of gaps left for you to pay. These gaps can certainly strain a person’s financial resources. A New York Medicare supplemental insurance policy can provide protection from most or all the Medicare gaps and they are very affordable for most people.
New York Medicare supplement insurance plans are offered by private insurance companies. The federal government has standardized all of these plans. This means that all plans labelled by the same letter provide exactly the same coverage whether or not you get 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.
New York Medicare supplement plan F: This is easily the most popular and comprehensive plan. It covers all of the gaps left both in Medicare Part A and Part B.
New York Medicare supplement plan G: This plan is just like Medicare supplement plan F except for not covering the yearly Medicare Part B deductible. For many people this is the best option when you don’t mind paying the yearly deductible as opposed to the often higher monthly premiums for Medicare supplement plan F.
New York Medicare supplement plan N: Unlike Medicare supplement plan F this plan contains 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 stability of a Medicare supplement plan. This plan also does not cover excess charges.
There are many different insurance companies offering New York Medicare supplement plans and the costs can vary quite a bit from company to company. Many who do not utilize 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.