Do I need a Medicare supplement plan?
If I have Medicare, do I need a supplement insurance plan? Is supplemental coverage a waste of money? How is an Advantage plan different from Medigap insurance?
Where can I find Medigap Rates Without a Sales Pitch?
Isn’t Medicare Enough? How much does a Medicare supplement plan cost? Where can I see Medigap rates?
Do I need a Medicare insurance agent?
Is an Advantage Plan Better?
Do you like your doctor? Would you like to keep your doctor? Will your doctor accept all Medicare plans?
What if I don’t want an HMO? Is a PPO plan better? Do I need a referral? Does Medicare require pre-authorization?
Budget Medical Bills with a Supplement Plan
Would you have trouble paying a big medical bill? Could you pay $7,000 for medical care if you needed it? Is $1500 more affordable? Do you have a line of credit or savings account?
Medigap insurance plans limit your out of pocket while preserving your right to use any doctor that accepts Medicare patients.
Could you borrow money from family or friends if needed to pay health care expenses?
With most Medicare Supplement insurance plans you can use any doctor, health professional or hospital in the United States that accepts Medicare patients.
There are no networks or referrals. No worry about surprise billing with most Medigap plans.
How to Find the BEST Medigap Plans in Georgia
You have a problem.
How do you find answers to your Medicare questions WITHOUT getting a SALES PITCH?
Everyone wants to talk. No one wants to listen and answer . . . until you BUY SOMETHING.
Something you don’t want, don’t need and can’t afford.
Medicare explained using words you can understand. A Medicare 101 course if you will.
Give me 10 minutes by phone. Ask ANY question.
How does Medicare work?
I can tell you.
What’s the difference in Medigap and Medicare supplement?
Like Kleenex and tissue, Medigap and Medicare supplement are two ways of saying the same thing.
How easy was that?
GA Medicare expert Bob Vineyard can help. Never any selling. We shop for you, then let you select the plans that fit YOUR needs and budget.
If you want to allow me to be your agent I will be most happy to assist and offer continued service. Anytime you have questions just call or email.
You have entered the No Selling Zone.
Call (404)252.5859 or email [email protected] Watch our Medicare videos on YouTube.
If you are turning 65 and enrolling in Medicare, this may be your only chance to purchase a Medicare supplement plan in Georgia. Full report with Medicare supplement rates for ALL Georgia Medigap carriers. Anthem GA Medigap rates include Silver Sneakers
You don’t have to receive Social Security to enroll in Medicare insurance. CMS is the agency that oversees Medicare.
How to enroll in Medicare? You may sign up for Medicare 3 months before your 65th birthday, the month you turn 65, and 3 months following your 65th birthday. You may enroll online (highly recommended), by mail or by visiting a Social Security office. SSA
Medicare is health insurance designed primarily for folks age 65 and older. Those who are younger than 65 may qualify if they are disabled or have end stage kidney disease.
Medicare has 4 parts.
Your red, white and blue card is broadly accepted by doctors and hospitals alike. No networks! Referrals never required. No prior authorization.
Medicare has Four Parts
Part A covers hospital inpatient charges and has a per admission deductible
Part B Medicare is for outpatient health care treatment. Doctor visits, labs, X-rays, MRI, CT scan (CAT scan), ambulance, ER, outpatient clinics, etc. Essentially any Medicare approved health care received outside the hospital setting. Treatment considered medically necessary under Medicare guidelines. Medicare Part B has a calendar year deductible. Once satisfied, Medicare pays 80% of the approved charge, you are responsible for the remaining 20%.
When you have original Medicare, YOUR DOCTOR AND YOU decide on the care you need. You don’t need approval by an insurance carrier before can receive testing or treatment.
Most seniors worry about hospital stays, but your major expenses will more than likely fall under Medicare Part B outpatient expenses. Original Medicare stand alone has no cap on your out of pocket expenses.
You pay until you run out of money, get well or die.
Why is Medicare Part D Confusing?
Seniors often buy the wrong drug plan and spend too much on their prescription plan. Seniors on Medicare spend an average of $263 per month on prescription medications.
Lower your medication bill by only using your drug card when necessary. The right drug plan will save a lot on brand names but you will almost always pay MORE for generics.
Consider paying cash or using GoodRx instead for maximum savings. Also look for drug plans that have a deductible.
Medicare Advantage is Like a Store Credit Card
How are Medicare Advantage plans like a store credit card?
Medicare has a problem. Hospice patients aren’t dying like they are supposed to. When you are approved for hospice you are expected to die within 6 months. When hospice patients don’t die, the cost to Medicare goes up.
Over the past decade, the number of “hospice survivors” in the United States has risen dramatically, in part because hospice companies earn more by recruiting patients who aren’t actually dying, a Washington Post investigation has found. Healthier patients are more profitable because they require fewer visits and stay enrolled longer.
Hospice patients that don’t die are big business for companies that care for the dying.
The hospice “movement,” once led by religious and community organizations, was evolving into a $17 billion industry dominated by for-profit companies. Much of that is paid for by the U.S. government — roughly $15 billion of industry revenue came from Medicare last year.
88% of hospice patient revenue is paid for with taxpayer dollars from Medicare. End of life care is big business.
Care for hospice patients is a covered expense under Medicare Part B. When you have original medicare and a Georgia Medicare supplement plan you are covered. Medigap plan F pays 100% of your approved Medicare Part B expenses.
Are you still paying too much for your Medicare supplement plan? If you have Medigap plan F from AARP (United Healthcare), Blue Cross of Georgia, or Mutual of Omaha you are probably paying more than you should.
Do you want to know what Medicare covers if you are a hospice patient? Click to review Medicare Hospice Benefits.
At AseraCare, for example, one of the nation’s largest for-profit chains, hospice patients kept on living. About 78 percent of patients who enrolled at the Mobile, Ala., branch left the hospice’s care alive, according to company figures.
That’s good news for the patients and their families, but bad news for Medicare. One wonders if these runaway costs will catch the eye of lawmakers that will respond with reduced funding for hospice patients.
Georgia Farm Bureau Medicare supplement plans are now available, but are they competitive? Which Medigap plans do they offer? Are GFB supplement insurance plans available in all counties?
How do I compare Georgia Farm Bureau plans and rates?
Are Georgia Farm Bureau Medicare Supplement Rates Competitive?
Based on a sampling of Georgia Farm Bureau Medicare supplement rates, the answer is no. They are not the highest in the state. That title belongs to United American along with Forethought, Royal Neighbors, Loyal American and a few others.
Generally they seem to fall in line with United Healthcare and Blue Cross which are not the highest but rarely deliver value.
A male, age 65 in Hawkinsville, GA would save almost $400 per year on Medigap plan F by picking a lower cost carrier than GFB. A female, age 72 in Dahlonega would save over $500 per year by choosing someone other than Georgia Farm Bureau.
You can view Georgia Farm Bureau rates here.
Feel free to shop and compare GFB rates to other Medigap carriers by clicking on the image below.
Keep in mind, ALL Medicare supplement plans with the same letter are EXACTLY identical to the same plan from another carrier. If you like the benefits of Medigap plan F any other carrier offering plan F has the exact same benefits. The only difference is the rate you pay.
Only a few carriers allow their rates to be illustrated online. For the LOWEST rate you need a comparison from an independent Medicare broker such as Georgia Medicare Plans. We will be glad to show you the 4 best plans based on your needs. Our job is to help you save money without sacrificing qualify.
When you pay more for your Medicare supplement plan you don’t get more, you simply paid too much.
Which Medigap Plans Does GFB Offer?
Georgia Farm Bureau Medicare supplement plans include A, B, C, D, F, G, M and N.
Most agents will only show you Medicare supplement plan F. Do you want to know why?
Medigap plan F is the easiest to explain, has the highest rate and pays the highest commission.
Over 90% of my Medicare clients do NOT pick plan F once they understand their options. Switching from Medicare supplement plan F to a different plan saves you an average of $250 per year. That is real savings. Money you keep in your pocket instead of making the carrier (and the agent) rich at your expense.
Where Are GFB Plans Sold?
You can buy Georgia Farm Bureau Medicare supplement plans in any county in the state. Unlike Medicare Advantage plans that are here today and gone tomorrow, Medigap plans from any carrier approved by the Georgia Department of Insurance are available in all zip codes and counties.
GA Farm Bureau is a fine company with a storied past. If you have a Farm Bureau policy and like your agent, there is nothing wrong with buying a plan from them as long as you understand there are savings to be had by buying from an independent agent with the responsibility of educating you on the differences in each plan and showing you the best rate based on your needs.
Your Medigap insurance cost is determined by a number of factors. Medicare supplement carriers will consider your age, gender, zip code, tobacco use and the standardized plan you pick.
All plans with the same letter are identical in every way, except the Medigap insurance cost or premium. Finding an affordable Medicare supplement plan isn’t difficult if you know where to look.
Donna’s Search for Affordable Medigap Insurance
Donna called and was in a tizzy. She would be turning 65 soon and was ready to sign up for Medicare but was totally confused by all the literature that came in the mail plus the incessant phone calls from salespeople who wanted to come to her home and SELL her a plan.
Years earlier I had helped her find health insurance when she was in between jobs. She remembered how I had taken the time to listen to her concerns and then spent time explaining her options. Now that she was ready to enroll in Medicare she wanted my help again.
Donna had information on Medicare Advantage as well as Medicare supplement plans, and like most seniors, she was on a fixed budget and needed to make sure she made the right choice.
All my clients get the same treatment. I first ask what they know and understand about Medicare, Advantage plans and Medigap and then go from there. It usually doesn’t take long for them to get off track.
Then I explain how the various parts of Medicare work, especially Part A and Part B. We talk about the differences in an Advantage plan and original Medicare plus a supplement plan.
Medicare Advantage plan premiums range from $0 to $100 or so. Medigap plans have higher premiums but lower costs.
What Does Medigap Insurance Cost?
The answer is, it can cost a lot or not much at all.
The true cost of Medicare insurance is not just the monthly premium, but also how much you have to budget for expected and unexpected medical costs.
With Advantage plans you never know how much to budget. Even though the plan may have a stated limit on out of pocket costs (typically $3500 – $6000) those figures do not include claims denied by the carrier or out of network penalties and charges.
Estimating your Medigap insurance cost is much easier, especially with the more popular plans. Most of my clients know their maximum at risk for hospital and outpatient charges are limited to the Medicare Part B annual deductible ($147 in 2013).
Like most seniors today, Donna was going to continue working past age 65 and did not need any financial surprises. It was easier for her to budget for a monthly premium knowing that her out of pocket was limited to $147 than trying to set aside several thousand dollars each year in case her health takes a turn for the worse.
She also liked the ability to keep her current doctors rather than picking blindly from a list provided by an Advantage plan carrier.
So what did Donna decide?
She picked Medigap plan G and saved more than $60 per month (over $700 per year) vs. the plan F that is heavily promoted by AARP, Blue Cross and Mutual of Omaha.
Donna was so pleased she referred two of her friends to me.
Thank you Donna! Satisfied clients are the best reward.
Is Medicare supplement plan F the best plan for me? Who has the best rates in Georgia for Medicare supplement plan F? How do I know which Medigap plan is the best? Is Medigap plan F better than a Medicare Advantage plan? Who has the best rated GA Medicare supplement plan?
All great questions that deserve great answers.
Is Medicare supplement plan F best for me?
Only you can answer that question. The best Medigap plan for you is one that fits your needs and budget. About 60% of Georgia seniors who own a Medicare supplement plan choose plan F. But is plan F right for you?
Medicare supplement plan F pays 100% of approved Medicare Part A and Part B charges. When you own Medigap plan F you never have to worry about unpaid approved Medicare regular or excess charges.
Anything approved by Medicare but not paid (due to deductibles and coinsurance) is covered at 100% by your Medicare supplement plan F.
Who has the best rates in Georgia for Medigap plan F?
The answer varies according to your age, zip code and tobacco use.
The good thing to know is, all Medicare supplement plan F’s are identical in every way except price. Medigap costs can range widely from carrier to carrier.
Since all plans are identical why would you ever pay more than you need to?
A female, non-tobacco user, age 67 in Macon GA could pay anywhere from $125 to $184 per month for Medigap plan F. The $184 plan is not better than the $125 plan.
In between the highs and lows you will find well known carriers such as Blue Cross ($170), Mutual of Omaha / United of Omaha ($164) and United AARP ($172).
Shop and compare your rate with top rated best Medicare supplement plans in Georgia with a FREE instant Medigap quote. Click now to save.
When you pay more you don’t get more, you simply paid too much.
Is Medicare supplement plan F better than Medicare Advantage?
Again, you will need to decide.
If you like the security and stability of original Medicare, knowing that you can use any doctor or hospital anywhere in the US, then Medicare supplement plan F may be right for you.
Recently Universal Health Care went into bankruptcy and everyone who had a Medicare Advantage plan lost their coverage and were automatically enrolled in original Medicare. Some decided to look for a new Medicare Advantage plan but why run the risk of disruption again?
The good news is, if you have a Medicare Advantage plan and they go out of business, original Medicare will always take you back and you can choose any Medigap plan you wish, including plan F, and your new Medigap carrier cannot refuse to issue a policy or deny coverage for any pre-existing conditions.
Medicare Advantage plans have a lot of moving parts. Often you don’t know how much you will have to pay for treatment until you get the bill. And what happens if you receive treatment from a non-network doctor, lab or hospital?
You pay even more!
With original Medicare and Medicare supplement plan F there are no networks, no moving parts, and in most cases no out of pocket expenses.
Is Medicare supplement plan F the best plan for you? What do you think?