Alliant Health Insurance

Medicare is the largest health insurance program in the United States. It is a health insurance program for individuals age 65 and older, and those with certain disabilities or medical conditions. As the average age of the U.S. population continues to increase, Medicare will become a larger provider of healthcare to more people.

getquoteMedicare has two primary parts:

  • Part A – Hospital Insurance (most people have already paid for this coverage through payroll taxes)
  • Part B – Medical Insurance (most people pay a monthly payment for this)

Individuals have many options on how to receive health benefits through Medicare. They can choose to stay enrolled on Medicare parts A and B and then pay what’s not covered out of pocket. Or, they can look at additional options available to them to supplement or fill in the gaps not covered under Medicare. Additional choices with Medicare:

  • Part C – Individuals may want to consider a Medicare Advantage Plan like a Health Maintenance Organization (HMO) or Preferred Provider Organization (PPO). Medicare Advantage Plans are offered by private insurance companies and generally offer additional services (including prescription drug coverage) not included under Parts A and Part B alone.
  • Part D – The Medicare Prescription Drug Improvement and Modernization Act of 2003 provided seniors and those with certain disabilities or illnesses with prescription drug benefit options. Part D is a way seniors and others that qualify can have access to brand-name and generic prescription drugs at local participating pharmacies. Everyone on Medicare is eligible for Part D Prescription Drug Coverage regardless of income or their health.

Are there other choices for senior health insurance than described above? Yes, in addition to Medicare Advantage Plans (HMOs and PPOs), there are Medicare Supplements sold by private health insurance companies. Medicare Supplements are also known as Medigap Plans and are designed to fill in the “gaps” that are not covered by Medicare Parts A and B.

What types of Medicare Supplements are available to seniors? Twelve standard Medicare Supplements (MedigapPlans) are available to seniors. The plans must all offer the same benefits, making it easy for consumers to do comparisons by insurance company. The 12 standard Medicare (Medigap Plans) are A, B, C, D, E, F, G, H, I, J, K, and L. Benefits vary by the plan selected.

How can I learn more about my options for Senior Health Insurance? We can assist you with learning more about your options for Medicare Advantage, Medicare Supplement, and Medicare Part D Prescription Drug Plans. Please complete your information where directed on this website or call one of our representatives now for assistance.