Compare Medigap Plans
If you are about to become eligible for Medicare, it’s time to compare Medigap, or Medicare supplement plans. Medigap plans come in many different varieties, and different plans are tailored for different individuals’ needs.
What is Medigap Insurance?
Medigap insurance plans, also known as Medicare supplements, are special health insurance plans designed to pick up where Medicare leaves off. Medicare doesn’t cover everything. In fact, there are substantial gaps in Medicare coverage that can be potentially devastating to Medicaid enrollees who do not have any kind of coverage.
What are the gaps?
Illinois Medicare enrollees are often surprised when they get a bill from their hospital or other health care providers after a hospital stay. Medicare only provides partial coverage, though. The Illinois Medicare enrollee may still have to pay significant deductibles. Specifically, Medicare Part A still leaves you with a $1,132 bill for a hospital stay of between 1 and 60 days. After that, you will have to pay $283 per day to the hospital for days 61-90, and $566 per day for days 91 through 150.
Medicare Part B only covers 80 percent of your physicians and lab fees, at best. Illinois Medicaid enrollees must pick up the rest.
Medicare Supplement
Illinois Medicare supplement quotes help you find an Illinois Medigap plan that will fit within your budget. Medigap insurance covers the items that Medicare doesn’t cover. There are a variety of approved Medicare supplement plans available. You can compare Medicare supplement plans that provide very basic coverage or more extensive plans that provide special benefits to frequent overseas travelers, or include coverage for prescription drugs, for instance.
Best Medigap Plans
There is no single “best Medigap plan.” It’s important to give careful thought to which plan applies best to you in your specific situation. Every individual is different, and one size does not fit all.
Get Medigap Quotes
To get a Medigap quote for Illinois Medicare Supplement insurance, simply use our online quoting engine at www.abchealthplans.com. It’s free!