1. What factors should I be aware of in selecting health coverage?

Several factors to consider include:

  • Deductibles: The out-of-pocket amount paid before reimbursement of expenses from the insurance coverage.
  • Co-Payments: Most plans with a co-pay have a maximum, out-of-pocket, cost.
  • Annual Limits: The maximum amount of deductible and co-payments you will have to pay each year.
  • Lifetime Maximums: The maximum amount of insurance coverage that will be paid on your behalf during your lifetime.

To find the right policy that fits your needs, view the Individual & Family Plans, or contact Bill.

2. How long does it take for an insurance policy to be issued?

If you have not received your policy within 60 days from the date you completed the application, contact me and I will research why there is a delay in your policy.

3. My health plan allows for me to open a Health Savings Account. How can I get this set up?

Anyone with a qualified high deductible health plan may open a separate Health Savings Account to deposit funds to use for eligible medical expenses such as policy deductibles, co-payments or medical expenses not covered by the health insurance policy. Under current tax laws money deposited in to a qualified HSA may be deducted from your gross income.  Contact your CPA for specific details. To open an account or to find out more about them, contact Bill.

5. What's the difference between Medicare and Medigap?

Medicare is the federal program which provides for the health care needs of the elderly, the blind and the disabled.

Medigap (also known as medical supplemental insurance) provides insurance to cover certain health care services and costs which are not covered by Medicare. Medigap insurance is becoming very important to people due to the reduction in the levels of benefits and availability of services provided by Medicare.

View Senior Insurance Policies to see options for coverage.