The National Safety Council says the annual cost of injuries in the US is $753 billion. This includes medical costs, lost wages, and damages. Each year 1 in 8 people will receive medical care due to a non-fatal injury, and accidents are the cause of 33% of all ER visits. Workers comp does a good job of covering accidents at work, but 70% of accidents occur outside the workplace. While most people have Health Insurance, we have found that one of the biggest gaps in both Group and Individual policies, even with the new Health Care Reform, is the ER deductible and co-pay. You can obtain an affordable Accident Policy that helps with these costs for as little as 50 cents a day. Give us a call at 877-740-8683, or visit www.freedomfreequote.com , for a free quote today.
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.
We recently helped one of our customers keep his Grandfathered Individual Health Insurance Policy. His family has done business with our company for years, and when he went out on his own, he kept a Policy with our company. He had recently changed bank accounts, and this caused his bank draft payment to be returned. As often happens with young adults, he had moved a couple of times, and his contact information hadn’t been updated. One of the services our agency provides is to track customer payments, and help notify the member if they get behind. When we saw that this policy was in a potential lapse situation, we were able to get in touch with the member through his family. Then we were able to help him make payment arrangements, to keep his policy active. This was important, because he would not have been able to purchase a new policy at even close to his current premium. While he would have been able to qualify for a new policy at a higher rate, we have helped many people keep coverage that they wouldn’t have been able to re-qualify for, due to pre-existing conditions. I can remember several cases where the customer was even in the hospital when the bills got behind. The fact that we actually care, and do our best to help each customer in any way we can, is one of the things that sets Freedom Benefit Solutions apart from the competition. If you need help with your Individual Health Insurance or Medicare Supplement, give us a call at 877-740-8683.
Many people are unaware of the need for Long Term Care Insurance. Nearly 70% of people over age 65 will need some type of Long Term Care, and the cost of care can reach $70,000 per year. To watch a quick overview, click the Own Your Future Video. While the traditional image of Long Term Care is a Nursing Home, today more people are receiving Home Health Care or even residing in an Assisted Living Facility. If you think Long Term Care is covered by Medicare even with a Medigap plan, Disability, or Health Insurance, you need to take another look. While Medicaid does cover Long Term Care, you have to qualify. Long Term Care Insurance is the one type of coverage designed to pay for Long Term Care. One of the more recent changes in Long Term Care Insurance has been the addition of Texas Long Term Care Partnership-qualified plans. If you own a Partnership Qualified plan, you can have a dollar for dollar offset in asset protection. For example, if you receive $50,000 in benefits under a Partnership Quailifed plan, you could set aside $50,000 in protected resources if you did have to later receive benefits from Medicaid. While the subject of Long Term Care is not always easy, the time to purchase is while you are still young enough to qualify, and receive a reasonable rate. To find out more about Long Term Care Insurance, and Partnership qualified plans, call 877-740-8683, or visit www.freedomfreequote.com , to request a free Long Term Care Planning Kit.
June is National Safety Month. According to the National Safety Council, 1 in 8 Americans received medical attention for a non-fatal injury in 2010. About 67% of emergency room visits are the result of accidents, and the annual cost of injuries is more than $730 billion. This figure includes medical costs,lost wages, and damages. An interesting fact is that about 78% of accidents happen outside the workplace. The top 5 causes of accidental injuries are motor vehicle accidents, poisoning, falls, choking and drowning. While many accidents can be prevented, they can happen to anyone, at any time. Many of our customers choose to purchase an Accident Policy, to help protect against the sudden, unexpected expenses that can occur after an accident. For more information, call 877-740-8683, or visit www.freedomfreequote.com .