Welcome, here you can learn about Virginia Medicare and Virginia Medicare supplemental insurance. Our goal is to supply the information needed to purchase a Medicare supplement plan that best matches your needs at the least expensive price available.
|Is Medicare supplement Plan F right for you?
What is Virginia Medicare?
Virginia Medicare is simply Medicare run within the state of Virginia. Medicare is the country’s health insurance program for people age 65 or older. Some people younger than age 65 can receive 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 should you apply for Virginia Medicare?
For those that are not already getting retirement benefits it is best to contact Social Security about three months prior to your 65th birthday to enroll in Medicare. It is possible to sign up for Medicare even when you do not intend to retire at age 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 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 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 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)
Though Medicare will cover a substantial part of your Medical expenses there are many gaps left for you to pay. These gaps can easily strain a person’s financial resources. A Virginia Medicare supplemental insurance policy can provide protection from most or all the Medicare gaps and they are very affordable for most people.
Virginia Medicare supplement insurance plans are offered by private insurance companies. The federal government has standardized all of these plans. Which means that all plans labelled by the same letter provide identical coverage regardless if you obtain your insurance from Gerber, AARP, United Health, Mutual of Omaha or any other insurance company. Nationwide three of the most popular plans are F, G, and N.
Virginia Medicare supplement plan F: This is the most common and comprehensive plan. It covers all the gaps left in both Medicare Part A and Part B.
Virginia Medicare supplement plan G: This plan is just like Medicare supplement plan F with the exception of not covering the yearly Medicare Part B deductible. For many this is often the smartest choice when you don’t mind paying the yearly deductible as opposed to the often higher monthly premiums for Medicare supplement plan F.
Virginia Medicare supplement plan N: Unlike Medicare supplement plan F this plan has got 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 stability of a Medicare supplement.
There are many insurance companies providing Virginia Medicare supplement plans and the rates can vary wildly from company to company. Many who do not utilize the services of an independent agent end up paying over 40-50% extra 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.