We offer Medicare supplement insurance in Illinois direct from many affordable and highly rated providers. Using our independent agency, you can compare the lowest 2016 rates from several providers online and hassle-free.
You can compare the direct rates from Aetna, American Continental, Anthem Blue Cross Blue Shield, Central States Indemnity, Cigna, Combined, Equitable, Heartland, Humana, Mutual of Omaha, Oxford Life, Sentinel, Standard Life & Accident, United American, United Healthcare and many others.
If you are new to Medicare at age 65 or due to disability, retiring and losing group coverage or shopping for better rates on your current plan – we can help.
We also provide our clients with insight as to which providers have had stable renewal rates and small yearly increases.
In Illinois, Plans F, G and N are most popular. Plan F fills in all approved gaps in Medicare Parts A and B and is very affordable with several carriers.
Plan G is also popular as it covers all gaps except for the yearly Part B deductible ($183 for 2017). Out of pocket expenses are very limited with Plan G and in many cases, the premium savings can more than make up for the deductible.
Plan N is one step below Plan G as it has office ($20) and ER ($50) copays along with the $183 Part B deductible. It’s the only supplement with copays. Plan N does not cover Part B Excess Charges, but those are very rarely encountered.
Additionally, we offer High Deductible Plan F from direct to our clients. High deductible Plan F is popular as it is the supplement with the lowest monthly premiums available. HD Plan F has a $2,200 deductible to satisfy in 2017 and monthly premiums can be near $30 in some places. United American and Standard Life & Accident have some of the best rates. (View A Medicare Supplement Benefits Chart)
Medicare provides a six month open enrollment window when you turn age 65. You cannot be denied insurance coverage during this time and you can enroll in any plan of your choice. There are no health questions to answer, no medical underwriting issues and no waiting periods for preexisting conditions.
Other guarantee issue or qualifying events can include loss of employer coverage, leaving a Medicare Advantage plan within one year, or if you have moved to a new service area and your current policy was cancelled.
In Illinois, there are nearly 700,000 consumers enrolled in Medicare supplement plans and over 1 million people over the age of 65. Approximately 18% of those on Medicare are enrolled in Medicare Advantage plans with the rest receiving coverage from other programs. There is a lot of competition in this market, so it’s best to shop around.
If you are eligible for Medicare due to disability in Illinois, you have the same open enrollment rights as those age 65. This is a six month window of time where you can enroll in a supplement or Advantage plan of your choice. (If you choose a supplement, then you will also likely need a Part D drug plan.)
Rates can vary widely between companies, so it’s best to compare quotes (and renewal history) from several providers. We can help. If you miss your open enrollment window, underwriting may be required and coverage can be denied.
Insurance companies are allowed to charge higher rates for supplemental insurance in Illinois when you are under age 65. A Medicare Advantage can be a good alternative if supplemental rates are unaffordable. We help with Advantage plans as well.
We serve the entire state of Illinois, including: Danville, Decatur, Chicago, Springfield, and all places in between. We will walk you through the basics of Medicare, offer comparisons and history and provide direct enrollment in the Medicare insurance plan(s) that best fit your needs and budget.
There are no additional fees to use our services and, by rule, we offer all plans direct – at no additional cost. We are a one-stop shop education and enrollment.