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Medicare
Medicare is a Federal health insurance program that is designed
for people aged 65 years or more. You automatically
qualify for Medicare when you become eligible for Social
Security. You may also be eligible for Medicare if you are
disabled under age 65.
There are two parts to Medicare;
Part A is the hospital part that is provided at no charge.
Part B is the supplemental insurance coverage that is designed
to cover Doctors' services and other medical services Part A
does not cover. Part B has a premium you pay to receive
those services. Although Medicare provides insurance,
there are limitations to the amount of payment. In
addition there are services that have deductibles. These
deductibles can be covered by a
Medicare Supplement policy .
The Medicare Supplement policies, sometimes called Medigap
insurance, are all set up with the same benefits for a given
plan. There are twelve plans available (see table1) from a
number of companies with the only difference being the premium.
Premiums vary from company to company and are based on their
experience with the Medicare Supplement client group.
Farmers
Union agents have a number of companies which will write
Medicare policies. Contact one of our agents using the
agent locator from this website to receive additional
information about Medicare Supplement policies. (click
here to locate agent) |
