Medicare Supplements

Medicare is a valuable program, offering , conventional coverage through parts A & B, Part C or Medicare Advantage (formerly Choice +) plans and Part D (prescription drugs).  Most Medicare Beneficiaries find that parts A & B and a supplement (A through N) give them freedom to use any doctor they wish at home or while on vacation.  If you plan to travel, or perhaps move to a rural area, HMO plans (part C) may not work well for you.

Medicare Part A primarily covers hospitalization, has a hospital deductible of $1,156 per benefit period, Coinsurance of $289/day for days 61-90 each benefit period and a $578/day coinsurance amount for the 60 “lifetime reserve days”.  Skilled Nursing Facilities are generally covered following a 3 night minimum Medically Necessary Inpatient Hospital stay for a related illness or injury.  Part A covers 100% of the first 20 days, then you pay $144.50 per day for days 21-100.  There are no benefits following day 100 in each benefit period.  Part A is typically free to those who have worked and paid taxes for at least 40 quarters.  If you did not work 40 quarters, the premium for Part A is $451 monthly for those with less than 30 quarters of Medicare Covered Employment, $248 monthly if you’ve had between 30 and 39 quarters of Medicare Covered Employment.

Medicare Part B covers outpatient services after a $140 deductible (for 2011 this was $162), generally at 80% of the Medicare allowed amount, and will be billed between approximately $100/month and $350/month for 2012, based on your income.  For more information about Medicare, please refer to the publication “Medicare And You 2012 Handbook“. This guide is updated annually.   Premiums for Part B, as well as for Prescription Drug Plans (Part D) and Medicare Advantage plans will vary, based on your income.  For information on these higher premiums,  you can download the Higher Premiums for Medicare 2012 Publication or get more information at: http://www.socialsecurity.gov/pubs/10536.html .

Medicare Supplements are designed to fill in the “gaps” in Medicare A & B.  Depending upon which plan you select, your supplement may pay the deductibles, the coinsurance and any excess charges made by your provider.  These plans are named with letters of the alphabet, and were first introduced in that format in 1992.  Modernized plans are available, with the revisions as of June, 2010.  For a quick overview of benefits, please refer to the Plan Comparison 2010 .

We’ve prepared pages for the ages listed below to give you the monthly rates for Medicare Supplements in our area.  These rates are for non-smokers in good health or those purchasing a Medicare Supplement during a “guarantee issue” period.  If you’re in Southern California or need “smoker” rates, give us a call!

Medicare Supplement Rates:
Click the appropriate age below to view current rates from seven different insurance companies: Age Under 65
Age 65	Age 66	Age 67	Age 68	Age 69
Age 70	Age 71	Age 72	Age 73	Age 74
Age 75	Age 76	Age 77	Age 78	Age 79
Age 80	Age 81	Age 82	Age 83	Age 84
Age 85	Age 86	Age 87	Age 88	Age 89
Age 90 and above

You may also use our quoting software and apply online!