Medicare Alone Is Not Enough!

By Michael Cohen

Medicare Supplement insurance is available for those of us who are 65 and older! When was Medicare started? In 1965 President Lyndon B. Johnson signed the bill for the start of Medicare. Medicare pays only for Plan A which covers part of your stay in the hospital. The average cost of Plan A from the government is $104 a month which is taken directly out of your Social Security check. Plan A does not pay for doctor’s visits or prescription drugs.

Medicare alone is not enough to cover these expenses so in 1985 the insurance companies introduced a plan called Medicare Supplement Insurance that would fill the gaps in the Medicare government sponsored plan. You may buy Medicare Advantage which is an HMO (and limits you to a select group of doctors and hospitals in one region), or you can buy Medicare Supplement which allows you to go anywhere to any Doctor’s office who takes Medicare and pays all or part of your costs.

You may change insurance companies on your anniversary with no health questions asked. I offer Plan F which pays for all of your charges that are allowed by Medicare with no deductible, and Plan G which has a $147 deductible that applies to office co-pays only. The companies below offer competitive prices for these plans:

AARP (United Health Care)
Anthem (Blue Cross-Blue Shield)
Mutual of Omaha
Stonebridge (Transamerica life Insurance Co.)

I am Michael Cohen, age 70 and have been in the insurance business for 40 years with a A+ rating from the BBB.

Call me at 314-432-1888 or please email me at mscohen91444@aol.com to discuss these plans and costs of Medicare Supplement insurance in my office or in your home. Already have a plan? I can help lower your rate through an easy process that may allow you to keep your own doctors. It is also wise to check your plans every year since Insurance companies often raise the premiums on the plans on your anniversary date.