Recent studies shoe that Medicare Supplement, or Medigap, policies continue to grow in popularity. With over 10.5 million people enrolled in Medigap as of 12-31-2013, that represents a 3.8% growth over the previous year. People are also overwhelmingly satisfied with their Medigap coverage. 94% are satisfied with their coverage, 95% consider it a good value, and more than 9 out of 10 would recommend Medigap to their friends and family. You just don’t see that level of satisfaction with under 65 Health Insurance. Plan F continues to be the most popular choice, with 52% of plans purchased. Plan G, our pick for best value, and Plan N are growing in market share. One of the only complaints a person can have with Medigap is the price. While rates do go up, you are always able to change to a new Medigap policy at any time. Medigap policies are not subject to the lock in period that Medicare Advantage has. If you are turning 65, or new to Medicare, give us a call at 877-740-8683, and we will help you find the best rate. If you have a current plan, and would like to make sure you have the lowest price, you can also call, or visit www.emedigap411.com , for a free personalized price comparison.
While most people are aware of the increasing risk of developing Cancer, 1 in 2 odds for men, and 1 in 3 for women, many times they are not aware of the devastating costs associated with this disease. In 2010 alone the total cost of Cancer was over $268 billion. Much of the costs associated with Cancer are indirect. Those costs include things like loss of income, travel, and other charges that will never be paid by even the best Health Insurance. With most Americans living paycheck to paycheck, they really aren’t prepared to deal with an extra out of pocket expense. The facts show that people with Cancer are more than 2 1/2 times more likely to go bankrupt than those without Cancer. There are many new and innovative plan designs that help pay cash to an individual when they are diagnosed with Cancer or another Critical Illness. Many of the plans include benefits for Cancer screening, which can lead to early diagnosis, prompt treatment, and better outcomes. While having a benefit that puts money back in your pocket doesn’t make the diagnosis or treatment easier, it is one less thing to worry about, during one of the most stressful times a family can go through. Like I asked one of our customers the other day: If you get diagnosed with Cancer, would you rather we send you a Get Well card, or a check for $20,000? The answer is pretty obvious, and you can purchase a policy like that for around $1 per day. Give us a call at 877-740-8683, or visit www.freedomfreequote.com , for a free personalized quote today.
All of our customers on Medicare Part A & B (or C) and possibly D are asking … “How is all this Obamacare gonna affect me?”
Well, no need to worry, you don’t need to do anything to your Medicare plan because it isn’t part of the healthcare.gov site. If you have Medicare, you are basically already covered.
No matter how you get Medicare, whether through Original Medicare with a Medicare Supplement, or through a Medicare Advantage plan, (like an HMO or PPO) you don’t have to make any changes.
If you want to shop around for a Medicare Supplement plan or Medicare Advantage plan, you will not be able to shop rates on the Marketplace (healthcare.gov) … just give us a call and we can help you with that part or go to www.eMedigap411.com
If you only have Medicare Part B, most people do not know this, but you are not considered to have minimum essential coverage. That means you would be subject to the penalty that people who don’t have coverage may have to pay.
If you only have Medicare Part A, you are considered covered, and of course if you have Part A and Part B you are covered.
One thing has changed and that is Medicare has expanded benefits for preventive care and drug coverage. They now have free preventive benefits, cancer screenings, and annual wellness visits. You can also save money while in the “donut hole” with discounts on brand-name prescriptions. (No the donut hole is not a place to eat! It is when your total drug costs reach a certain point while you are covered under a Medicare Part D Prescription drug plan.
If you are new to Medicare, here are some things to remember:
– Medicare’s Open Enrollment Period (October 15-December 7)
– To learn more about your Medicare options visit www.eMedigap411.com
If you have any family and friends who don’t have health insurance, or if they want to see what their subsidy amount might be, tell them to call us or visit www.healthreformenrollmentcenter.com