medicare recipient looking for a low cost insurance?

Answer 1

Medicare questions can be confusing! Getting the best low-cost coverage for Medicare Part D, for example, depends on several factors, including what kinds of prescription drugs you take, what kind of plan you are willing to accept, and whether the plan you want will pay for the specific prescription drugs you need. Even if you aren't taking prescription drugs right now, you want to make the best decision. The way Part D Medicare is structured is definitely not a "one size fits every senior" deal. Each individual--even husbands and wives, need to go through the process to determine what plan is going to meet their needs and will be the "best deal,"

Please consider calling your local Area Agency on Aging--these groups are one of the best kept secrets around for older Americans and their families who are seeking information on these kinds of questions. There is one where you live, since this is a national network--and they aren't selling anything! The staff there will visit with you or guide you to information you need to answer your question.

You can call toll-free 1-800-677-1116 to find how to contact the one serving you. You will most likely find the people there friendly and very helpful.

If you do contact your local Area Agency on Aging and like the help that they give you, let your local county officials and your folks in Congress know. Area Agencies on Aging don't have big budgets for advertising and certainly don't have budgets that support campaign contributions!

Hope this helps! Good luck and best wishes!

Answer 2

Here's your likely situation and approximate costs
1. Medicare Part A covers hospital expenses (except for some gaps) and is free (no premium) because your payroll taxes you paid while employed cover the premiums.
2. Medicare Part B covers doctors' expenses (except for some gaps) and costs about $90 deducted from your Social Security check.
3. If you want to fill in the gaps in Part A and Part B so that you have no out of pocket costs, you will need a Medicare Supplement insurance policy or "Medigap Policy". It should cost just over $100 per month. Get advice from your State Department of Insurance so that you get coverage from a GOOD company. You probably want a Medigap Plan F because it is the most comprehensive coverage but any company that operates in your state is also required to offer a Plan A, which is very basic coverage but may fit your budget better. Plan F is higher in the alphabet than Plan A and offers better coverage; but don't be misled because plans having letters higher than F are not more comprehensive -- they are just different.
4. You have no coverage for prescription drugs. That is the purpose of Medicare part D and usually costs about $30 per month.
So, you can get really good coverage for hospitals, doctors, and prescriptions for ABOUT $90 + $100 + $30 = $220/mo.
You can pare off some of the costs for Medigap and some for Part D but even counting them at full cost, $220 per month for someone 65 or more seems to me to be a pretty good deal.
Best wishes.

Answer 3

If you are speaking of Medicare part D, then AARP is the way to go. If you meant a supplementary insurance there are many. If you have other insurance like life or prescriptions, whatever company you use might be able to give you a good deal. You might want to try http://www.medicare.gov. Good Luck.

Answer 4

yes it does becouse i have it