Central States Indemnity Medicare Supplement Plans

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Central States Indemnity Medicare Supplement Plans can provide you with Medigap coverage to fill the gaps of Medicare. Although, this coverage is just as good as any other top carrier; if they have the best rate for you, enroll in a plan.

Central States Indemnity’s parent company, Central States Health & Life Co. Of Omaha began in 1932. They Establish Central States Indemnity (CSI) in 1977 for the primary purpose of offering unemployment, and causality insurance products. Then, in 1992 Berkshire Hathaway Inc. Purchased CSI.

The CSI mission statement is “to simplify and ensure the financial obligations of our clients”

Berkshire Hathaway, the owning entity of CSI is led by chairman Warren Buffet; who is known as one of the greatest investors of our times. CSI has very strong financial strength due to being part of Berkshire Hathaway.

Central States Indemnity Medicare Supplement Plan Benefits

Central States Indemnity Medicare Supplement Plans

Central States Indemnity Medicare Supplement Plans could be the best solution for your Medigap needs

CSI offers many options for Medicare Beneficiaries. They offer Plan A, Plan B, Plan C, Plan F, Plan G, and Plan N.

CSI doesn’t offer Medigap plans in AK, CA, CT, DE, HI, MA, MN, MO, NY, RI, VT, and WA.

All Medigap Plans are required to include the basic benefits below:

  • Medicare Part A hospital coinsurance
  • Part A supplemental hospital care
  • Medicare Part A coinsurance for hospice care
  • Part B coinsurance for hospital outpatient services
  • First 3 pints of blood each year

Central States Indemnity Plan A

First, Plan A is the lowest covering plan of all Medicare Supplement options. However, these beneficiaries typically do not intend to use healthcare services often.

Medigap Plan A provides basic benefits:

  • Part A hospital coinsurance and coverage for 365 additional days after Medicare benefits end
  • Medicare Part A coinsurance for hospice care
  • Part B coinsurance (generally 20% of Medicare-approved costs) for hospital outpatient services
  • First 3 pints of blood each year

CSI Plan B

Plan B is another plan that is chosen by a few Medicare Beneficiaries. Its benefits include the basic benefits contained in Plan A as well as the Part A hospital deductible for inpatient services.

CSI Plan C

Plan C also includes the basic benefits and contains additional benefits to keep your exposure to out-of-pocket costs minimal. This plan makes it simple to budget because you know what your monthly costs will be no matter how often you decide to use the plan.

In 2020 Plan C is being discontinued, as part of the MACRA act. The MACRA act deems that there can be no more 1st dollar coverage plans. In states that do not allow excess charges, Plan C is very popular.

Medigap Plan C includes the basic benefits and gives Medicare Beneficiaries:

  • Part A hospital deductible for inpatient services
  • Skilled nursing facility coinsurance (for days 21 – 100)
  • Part B deductible for qualified medical and hospital services, generally for outpatient services
  • Foreign travel medical emergency coverage

Central States Indemnity Plan F

Plan F contains the most comprehensive benefits of any Medigap plan available. It covers 100% of the beneficiary’s portion of the costs. A beneficiary on Plan F will experience no out-of-pocket cost during Medicare-approved hospital or doctors’ office visits.

Plan F encompasses the basic benefits and includes:

  • Part A hospital deductible for inpatient services
  • Skilled nursing facility coinsurance (for days 21 – 100)
  • Part B deductible for qualified medical and hospital services, generally for outpatient services
  • Part B excess charges benefit for charges exceeding the normal Part B limit
  • Foreign travel medical emergency coverage

Because it covers 100% of a Medicare Beneficiary’s out-of-pocket portion; Plan F was the most popular Medigap plan. However, the removal of 1st dollar plans in 2020 caused Plan F to become cost prohibitive to many beneficiaries.

Most beneficiaries are transitioning to Medigap Plan G.

Central States Indemnity Plan G

Plan G is currently the most popular Medicare Supplement Plan. It gives the beneficiary a full coverage Plan at a lower price than the Plan F. However, the only difference between Plan G and Plan F is that Plan G doesn’t cover Medicare’s Part B deductible.

Included in its benefits package are Medicare’s basic benefits and additional coverage for hospitalization:

  • Part A hospital deductible for inpatient services
  • Skilled nursing facility coinsurance (for days 21 – 100)
  • Part B excess charges benefit for charges exceeding the normal Part B limit
  • Foreign travel medical emergency coverage

In most cases, you save $200 to $300 annually on the Plan G for the same coverage level as the Plan F.

CSI Plan N

For many Medicare Beneficiaries starting their Medicare, Plan N is the often the most affordable plan option. This especially true if you do not go the doctor often.

Plan N doesn’t cover Medicare’s annual Part B deductible and features small co-pays for the doctor and emergency room. It gives considerably more protection than Plan A at a budgeable price that makes this plan a favorite with sensible beneficiaries.

Plan N includes Medicare’s basic benefits and additional coverage for hospitalization plus:

  • Part A coinsurance (generally 20% of Medicare-approved costs) – for hospital outpatient services
  • Part B hospital deductible for inpatient services
    • $50 copayment ER
    • $20 copayment for a doctor’s office visit
  • Skilled nursing facility coinsurance (for days 21-100)
  • Foreign travel medical emergency coverage

Central States Indemnity Medicare Part D Plans

Part D prescription drug plans are also not offered by Central States Indemnity. However, give us a call; one of our Licensed Agents will be glad to assist you in choosing the best plan for your drug needs.

CSI Medicare Advantage Plans

Central States Indemnity doesn’t offer a Medicare Advantage plan. Medicare Advantage plans are Medicare Part C. Most Medicare Advantage Plans offer prescription coverage as well as additional benefits.

Usually, these plans are network plans that replace the beneficiaries of Original Medicare. A Medicare Beneficiary can’t have a Medicare Advantage Plan as well as a Medigap Plan simultaneously.

CSI Providers

Medigap plans purchased from Central States Indemnity do not have networks. A beneficiary can go to any doctor or hospital that accepts Original Medicare. There are also no referrals needed. Original Medicare is accepted by more than 90% of doctors nationwide.

Central States Indemnity Medicare Supplement Plan Reviews

Both Central States Indemnity, as well as its subsidiary CSI Life, boast an AM Best rating or A+ Superior. Also, it’s accredited with the Better Business Bureau. Additionally, the BBB has given Central States Indemnity an A+ rating.

Other products offered by Central States Indemnity provides are credit card insurance, life insurance, as well as the loss of income insurance.

Central States Indemnity Medicare Supplement Plans Through MedicareFAQ

Here at Medicarefaq, we take pride in providing the best solutions for Medicare Beneficiaries. Additionally, they make sure you understand the best coverage options for your individual needs.

Some coverage options, as well as types including prices and plan options, will vary from state to state. This will sometimes make it difficult to compare what options are available to Medicare Beneficiaries.

Don’t hesitate when it comes to Medicare. Don’t wait until it is too late to make the decision. Call us today or fill out an online rate form to get a free quote.