Signing up for Medicare can be confusing but it doesn’t have to be. Learn the four different parts to Medicare and how they work. A Medicare supplement also known as medigap insurance helps support original Medicare A and B. Medicare was never intended to cover 100% of your medical costs once you turn 65. Parts A and B have no ceilings to what they can charge, therefore potentially exposing you to large out-of-pocket costs. These costs in your coverage are: deductibles, co-pays, and co-insurance. A great supplement helps cover the gap costs. Choose one that’s right for you!
Part D is your drug coverage. Learn about the over 20 different plans to choose from, their drug formularies and their tiers of coverage. Medicare says you must have a drug plan. If you do not sign up at age 65 and wait until a later time, you will be penalized for the rest of your life. Do not let this happen to you! Every year between October 15 and December 7 you should have your Part D reviewed for the following calendar year to be sure you will get the best prices each year.
Dental insurance is another favorite topic of Jeanie’s. As a former dental hygienist, she all too often heard patients say they stayed away from the dental office because they had no dental insurance. As a result, small, inexpensive dental issues became larger, more costly procedures. Give Jeanie a call: she can assist you in finding the right dental plan. Prevention is key. Avoid expensive dental bills. Don’t avoid your hygienist and dentist.
We all know someone who has been dealt a devastating cancer diagnosis. When this happens, families face a tremendous emotional burden. Jeanie can help you create a plan to minimize the financial burden. While your health insurance covers medical costs, up to 60% of cancer diagnosis expenses are related to non-medical bills. A cancer insurance policy assists in covering such things as: transportation costs, home assistance (lawn care, snow removal and housekeeping etc.), wigs and other incidental expenses. Be prepared!
Concerned about what could possibly happen to your loved ones if something happened to you? Give Jeanie a call to discuss life insurance plans that could help your family avoid financial disaster. It’s that important.