Medicare Supplement Insurance Plans
A Medicare Supplement policy is senior health insurance sold by private companies to expand health coverage for seniors where the Original Medicare Plan coverage falls short, such as co-pays and deductibles for doctor visits, hospitalization and other medical services. Seniors pay a monthly premium but have few additional out-of-pocket expenses.
Medicare Advantage Plans
Medicare Advantage Plans are health care options that are a part of the Medicare program. By paying their Part B premium, a beneficiary becomes eligible for Medicare Advantage plans. Many times consumers receive extra benefits not covered under Original Medicare.
Medicare Part D Prescription Drug Plans (PDP)
This is optional, private insurance coverage for people who take medications.
Final expense insurance, also known as “burial” or “funeral” insurance, is a life insurance policy with a low face value, from $2,000 to $50,000, that your clients can buy when they reach the age of 50. Policyholders can name any beneficiary, typically a family member, who would make the claim and receive the money upon the policyholder’s death. The beneficiary is then responsible for using the money to carry out the policyholder’s wishes.
Health Specialty Products
These health plans provide supplemental benefits like cancer insurance, heart/stroke insurance and hospital indemnity insurance. The benefits are paid directly to your client to provide immediate benefit and lessen financial strain.
Plans may cover Yearly doctor visits glasses, contact lenses and cataract surgery, discounts on vision correction procedures, such as LASIK.
Covers annual exams and cleanings, and generally includes fillings and x-rays, tooth extractions, root canals and dentures.
Usually includes hearing exams, evaluations, and treatment for hearing loss.