When you know how much money you spend on medical bills every month, this will be how much Iowa Medicare supplemental insurance that you will need to purchase. If you spend roughly $500 a month on medical bills, this will be how much coverage you will need to purchase so you can afford things like food, travel, and living expenses. If you do not spend very much money on your monthly medical bills, you might not need to purchase Medicare supplemental insurance right now. If you do purchase Iowa Medicare supplemental insurance, you might find that you are spending more on your monthly premiums than you actually would on medical bills every month.
SHIIP :: Supplemental Insurance
The first option is to investigate the individual health insurance market. If your spouse has no serious medical problems he/she can contact health insurance companies about an individual policy. Call local health insurance agents and discuss policies available to her. Another option might be HIPIOWA. This is a state program that is designed to provide health insurance to any Iowa resident who is unable to find adequate and affordable health insurance coverage in the private market due to their mental or physical condition. Individuals over 65 and eligible for Medicare are not eligible for this coverage. Those under 65 and entitled to Medicare due to disability are eligible to apply. For more information about eligibility requirements and benefits call 1-877-793-6880. COBRA, Consolidated Omnibus Budget Reconciliation Act, will provide insurance for up to 36 months for the spouse and or children of an employee who has become eligible for Medicare. Any questions or problems should be directed to the regional office of the U.S. Department of Labor toll free at (866) 444-3272. SHIIP also has a brochure on COBRA which is available on the resources section of this page.
What’s Medicare Supplement Insurance (Medigap)?
Some Medigap policies also offer coverage for services that Original Medicare doesn’t cover, like medical care when you travel outside the U.S. If you have Original Medicare and you buy a Medigap policy, Medicare will pay its share of the Medicare-approved amount for covered health care costs. Then your Medigap policy pays its share.
Medicare Supplemental Insurance — Which policy is best?
Our recommendation: After picking the benefit combination (Plan A through L) that best suits your needs, buy the issue-age or community-rated Medigap policy with the lowest premium. Even though they are a bit more expensive at the start, your premiums won’t go up every year just because you get older. (AARP’s Medigap plans use a combination of issue-age and community-rated methods; their premiums don’t increase as you get older, but their younger retirees do receive a discount.)
Compare Medicare Supplement (Medigap) Plans and Rates in Your Area
"Times have changed since my mother had an AARP J plan and I was totally confused by the options available. Stan walked me through the process in a very educational, methodical, friendly way, and I feel secure now that we’re making the correct decision to provide the best possible coverage for my husband." – Pat K.
Iowa Medicare Supplement Plans
Medicare Part A provides coverage for inpatient hospital care, skilled nursing facility (SNF), blood services, and hospice care. Medicare Part B provides coverage for medical services, including medical expenses either in or our of the hospital, outpatient hospital treatment, blood services, clinical laboratory services (diagnostic tests), home health care (approved medically necessary skilled care services and supplies), and durable medical equipment like wheelchairs, walkers, etc. Medicare Part B also covers some preventive care services. Medicare Part C is actually a replacement of Medicare and is known as the “Medicare Advantage” plan, or a “Medicare Replacement” policy. Medicare Part D is coverage for prescription Medications.
Medicare Supplemental Des Moines IA
Heartland Retirement Group is a leading retirement marketing organization that provides insurance and financial solutions for clients in Arizona, Colorado, Iowa and Texas. We are quickly becoming one of the leading distributors of senior health care options in the Midwest and beyond. At HRG, we pride ourselves on always putting our clients’ needs before our own and helping them make the soundest decisions possible as they go through their golden years.