Illinois Medicare Supplement Plan F

October 26, 2011 Category: Medicare

As an Illinois resident over the age of 65, your Medicare benefits cover a significant amount of your health care expenses. However, Medicare doesn’t cover it all, and you are interested in supplementing coverage with Medicare Supplement (Medigap) insurance. You know that there are several different plans available, but you’ve heard a lot about Plan F. Take some time to understand this coverage and be better prepared when you are ready to purchase a Medigap policy. 

Medicare Supplement Insurance in Illinois 

In Illinois, there are 10 standardized Medigap insurance plans available, labeled “A” through “N”. Each plan offers a different combination of benefits. Some plans help pay for out-of-pocket expenses not covered by Medicare and others add benefits that Medicare doesn’t include like medical care in a foreign country. However, because they are standardized, each letter must offer the same benefits regardless of who sells it.  In other words, a Plan F from one company must be the same as a Plan F from another company. 

When shopping for and comparing plans, it’s important to understand that the differences between insurance companies come down to cost and reliability. Make certain to choose only well-known credible providers you can trust. As the  leader in Medicare Supplement protection, Blue Cross Blue Shield of Illinois has built a reputation on dependability, serving the Illinois community for over 70 years. 

Plan F 

There’s a good reason why so many people are talking about Plan F. It offers the most comprehensive coverage and completely eliminates all out-of-pocket expenses not covered by Medicare. Basically, that means that there is no deductible, no coinsurance and no copayments – ever. Whenever you need health care, you can receive it and not worry about having to pay anything extra. In most cases, with Plan F, there’s a Medicare Select option available, giving you the chance to reduce your premiums simply by choosing Medicare Select participating hospitals and doctors.  

Coverage

Plan F offers the same basic benefits as all the plans, but also covers your entire Part A deductible and your Part B deductible. In addition, Plan F is one of only two offered plans that provide 100% coverage of any Part B excess charges. For all other plans, you are responsible for paying excess charges. Plus, foreign travel emergency care is included and you can relax knowing that if you are injured while traveling, you are covered. 

While Medicare helps significantly, it doesn’t cover all of your health care needs. Supplement insurance helps you pay for the gaps in coverage that Original Medicare doesn’t cover. Consider a Medicare Supplement Plan from the most trusted name in insurance- Blue Cross Blue Shield of Illinois- and get the peace of mind that comes from knowing that you are well taken care of.