Compare LRFA Medicare Supplemental Plan annual premiums with other insurance companies:
Costs are based on data from Illinois Division of Insurance Medicare Supplement Premium Comparison Guide for 2008. LRFA rates are the same for all 50 states. For other companies rates vary by state and may even be higher.
Medicare alone does not offer complete health insurance protection. For this reason most people seek additional health care coverage, which pays some of the amounts that Medicare does not pay for covered services and may pay for certain services not covered by Medicare. This type of private insurance is known as Medigap and is regulated by federal and state law, which mandates that all plans follow the same 10 standardized plans. This makes it easier for consumers to comparison shop.
The Latvian Relief Fund of America offers such supplemental insurance to its members, who have Medicare coverage. Our plans remain unique in that we offer our members each plan separately, thus allowing you to choose the coverage that best suits your needs. Plan M-1 can be directly compared to the standardized Plan C. Participation in our plan M-4, provides members with the coverage known as Plan J, which includes prescription drug coverage.
Plan M-2, alone, fully covers medical expense amounts that Medicare does not deem "reasonable", but which you, the patient, are responsible for. By participating simultaneously in both the M-1 and M-2 plans an LRFA member can insure 100% coverage of medical expenses approved but not paid by Medicare. Plan M-3 is an independent prescription drug coverage plan offered to our members.
The Latvian Relief Fund of America makes every effort to set its Medicare Supplemental Plan member rates lower than those of major insurance providers. Monthly payments are uniform, regardless of a participant's age or state of residence. Our plans are proving to be much sought after in light of some disappointment in HMOs. Choice of health care providers is left entirely up to our member. When shopping for a Medigap plan, service and reliability are also important factors to consider. The Latvian Relief Fund of America takes pride in giving our members the best service possible. Our Medicare Supplemental department has been working to serve our members' since 1966.
These pages are designed to provide general descriptions of our benefit plans and further restrictions may apply or may have changed. For further information, please contact the LRFA office or refer to specific plan Regulations.
