Florida Health Insurance Broker

Medicare Supplement Plan Selection

If you are new to the Medicare process, you can’t help avoid being confused by Medicare insurance terms around your 65th birthday. If you are not new to the process and felt that you had a understanding of Medicare; we will be glad to bring you up to date on the new modernized Plans that became effective as of June 1 2010. The NEW Modernized Medicare Supplement Plans that became effective June 1st 2010, each provide a different set of coverages as mandated by Federal Law. The Plans all must offer equal coverage regardless of which Company issues the plan – a plan “N” purchased from a Company cannot differ from a plan “N” purchased from other Companies. The Three most popular plans are “F”, “G” and “N”

If a checkmark appears in a column of this chart, the Medigap policy covers 100% of the described benefit. If a column lists a percentage, the policy covers that percentage of the described benefit. If a column is blank, the policy doesn’t cover that benefit. Note: The Medigap policy covers coinsurance only after you have paid the deductible (unless the Medigap policy also covers the deductible).

Medigap Benefits	A	B	C	D	F*	G	K	L	M	N
Medicare Part A Coinsurance hospital costs up to an additional 365 days after Medicare benefits are used up	x	x	x	x	x	x	x	x	x	X
Medicare Part B Coinsurance or Copayment	x	x	x	x	x	x	50%	75%	x	Has a $20 Office Visit Copay and a $50 ER Copay
Blood (First 3 Pints)	x	x	x	x	x	x	50%	75%	x	x
Part A Hospice Care Coinsurance or Copayment	x	x	x	x	x	x	50%	75%	x	x
Skilled Nursing Facility Care Coinsurance			x	x	x	x	50%	75%	x	x
Medicare Part A Deductible		x	x	x	x	x	50%	75%	50%	x
Medicare Part B Deductible			x		x					Does Not Pay
Medicare Part B Excess Charges					x	x
Foreign Travel Emergency (Up to Plan Limits)			x	x	x	x			x	x
Medicare Preventive Care Part B Coinsurance	x	x	x	x	x	x	x	x	x	x

Notes:

*	Plan F also offers a high-deductible plan. This means you must pay for Medicare-covered costs up to the deductible amount $2,070 in 2012 before your Medigap plan pays anything.
**	After you meet your out-of-pocket yearly limit and your yearly Part B deductible ($140 in 2012), the Medigap plan pays 100% of covered services for the rest of the calendar year.
*******	Plan N pays 100% of the Part B coinsurance except up to $20 copayment for office visits and up to $50 for emergency department visits. Plan N does NOT pay the Part B deductible of $140 per year.

The decision is a Three Step Process:

#1 Review the plans above and determine which one best suits your needs based on the coverages provided.

#2 Get quotes from several of the Major Companies to determine which has the best price on the plan you selected.

#3 Make sure that you select a Company that has good financial ratings and claims payment reputation.

We can provide you with the best quotes from the best Companies through our Instant Online Quoting system: www.medicare-supplement-florida.info

You can view several quotes along with the Outline Of Coverage. After reviewing the material you can call us at: 561-935-3907 with any questions regarding the plans or the application process.

Thank You.

Neil Primack, Lic Agent

561-935-3907

neil@floridahealthinsurancebroker.com

www.floridahealthinsurancebroker.com

(561) 935-3907

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Medicare Supplement Plan Selection

Florida Health Insurance Broker

163 Pennock Trace Dr. Jupiter, FL 33458

(561) 935-3907