(864) 675-9100 for information on Medicare, health insurance, or life insurance.
Contact our coverage experts to obtain information on health insurance, Medicare, or life insurance to meet your individualized needs.
If you are 65 or older (or have a certain disability), and are not covered by a group health plan, Medicare is for you. Also, even if group health is available, Medicare may be the better choice. Contact us for more information as the specifics of each situation are different.
There are two ways to get Medicare:
1. Original Medicare A
If you are 65 or older (or have a certain disability), and are not covered by a group health plan, Medicare is for you. Also, even if group health is available, Medicare may be the better choice. Contact us for more information as the specifics of each situation are different.
There are two ways to get Medicare:
1. Original Medicare A & B; plus a Medigap policy; plus a Part D drug plan.
2. Medicare Part C, also known as Medicare Advantage. These plans must offer all of the benefits that are covered under Part A and B. Most MA plans include prescription drug coverage; hence the term MAPD. Many also have some dental, vision, and/or hearing benefits; things which are not covered by Original Medicare.
Which path is better? It depends on your situation. Since we offer
Medicare Supplements, Medicare Advantage plans, and Medicare Prescription drug plans, we are able to help you find the solution that is best for you.
Here is a brief description of some of the terms you will hear.
Medicare Supplements (of which there are 10 to choose from) also known as Medigap, Med Sup, or even Supplement, cover the 20% of expenses not covered by Medicare Part B, referred to as Medical. It primarily covers doctors, outpatient procedures, and preventive tests.
Medicare Part A, referred to as Hospital, primarily covers inpatient hospital and skilled nursing expenses.
For MA, MAPD, and Part D plans, there is an Annual Enrollment Period, which runs from October 15 - December 7 each year.
This enrollment period is separate from the Open Enrollment Period when a person turns 65, or is first eligible for Medicare Part B.
We're here to help you navigate what can be a confusing subject for many people. The good news is that you don't have to pay us anything for consultations as the insurance companies we represent pay us a commission (if you apply for coverage through us!).
Disclaimer
“We do not offer every plan available in your area. Any information we provide is limited to those plans we do offer in your area. Please contact Medicare.gov or 1-800-MEDICARE to get information on all of your options.”
Other Types of Health Insurance
This broad category includes accident, bridge or gap, cancer, critical illness, dental, disability, hospital/surgical or limited medical, long-term care, short-term medical, and vision. These plans may be suitable to fill in the gaps in coverage; deductibles, coinsurance, and non-covered expenses in Medicare and Obamacare plans. For example, while cancer treatment is covered by the Medicare or Obamacare plan, it may be advantageous to be treated at a specialty center. Travel, lodging, and meals are not covered expenses under ACA or Medicare plans.
Other Types of Coverage
There are sharing plans that, while they are not insurance, offer benefits that may be suitable for you. Please contact us for more information.
Known in the industry as major medical, these plans are the cornerstone of your health coverage.
Plans are available in 3 different levels: Gold, Silver, and Bronze. The higher the level of 'metal', the higher the premium, but the lower the out of pocket costs.
All plans must cover the same ten Essential Health Benefits; the question
Known in the industry as major medical, these plans are the cornerstone of your health coverage.
Plans are available in 3 different levels: Gold, Silver, and Bronze. The higher the level of 'metal', the higher the premium, but the lower the out of pocket costs.
All plans must cover the same ten Essential Health Benefits; the question is, what do you pay vs what does the insurance pay.
There are two costs to health insurance; owning it and using it. The cost to own it is the premium. The cost to use it are the deductibles, co-pays, and coinsurance.
Subsidies, also known as Advanced Premium Tax Credits, or APTC, are available based on household income and the number of people on the tax return. The amount of subsidy is based on household income and household size relative to the Federal Poverty Level, or FPL.
For individuals and families with income between 100 - 250% of the FPL, there is an additional benefit known as Cost Share Reduction, or CSR. It reduces deductibles, co-pays, and other out of pocket costs, making the coverage and benefits extremely attractive to those with lower incomes. There are 3 different benefit levels in the CSR program.
The Obamacare cost is determined by house-hold income, the number of people on the tax return, county of residence, and tobacco use.
There are no exclusions for pre-existing conditions.
You've probably heard the terms, exchange or marketplace. It is simply a reference to a website where you can get information or enroll in an ObamaCare plan. There are private exchanges and the federal exchange. This is a private exchange that is connected to the government site. Information entered into this site is secure. If you have any questions, please feel free to contact us by email, text, or phone. We look forward to helping you solve your health insurance needs.
Various types of life insurance are available, including Final Expense, Joint, Juvenille, Single Premium, Term, Universal, and Whole. Some of the newer plans include combination life & long-term care, or life & critical illness. The best of the newer plans even have Critical Illness, Chronic Illness, and Terminal Illness coverage built
Various types of life insurance are available, including Final Expense, Joint, Juvenille, Single Premium, Term, Universal, and Whole. Some of the newer plans include combination life & long-term care, or life & critical illness. The best of the newer plans even have Critical Illness, Chronic Illness, and Terminal Illness coverage built in. The 'old' kind of life insurance policies only pay a benefit if you die. What if the heart attack or cancer doesn't kill you? Would it be helpful to have a cash payment to be made to you in order to cover your mortgage or other expenses while you are recovering from your illness?
I'm often asked as to which type of life insurance is the best. My recommendation is to buy some of each: since Term life is so inexpensive, most people use a Term plan to cover the majority of the death benefit, and, buy some Whole life to supplement it. Why? Death benefits are paid on a very small percentage of term life policies because most people outlive the term, or drop it before the end of the term. Once the Term Life plan has terminated, then what do you do? If you had purchased a Whole Life policy at the same time, it could be paid up by the end of the term. If a good plan was selected, both the Death Benefit and Cash Value will continue to grow.
Here are some other considerations. Term insurance is like renting, whereas Universal and Whole life are like owning. That means the Term Life plan will expire after the term is up. While Term insurance is the least expensive, it is also the least flexible. What does that mean? If you miss one payment, the Term policy can be terminated. With Universal or Whole life, the premium can be paid from the cash value. (Term plans do not build cash value.)
We also offer fixed, indexed, and immediate annuities. If you are retiring and have a 401(k) plan, or are retired and have an IRA, you may want to consider an annuity for some of that nest egg. Why? Unlike the stock market, the principle in the annuity is guaranteed by the insurance company. There are certain annuities, referred to as Indexed Annuities, that can offer higher returns based on the performance of one of many stock market related indexes that your annuity is linked to. It's important to note that your money is not invested in the stock market.