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California
Medicare Supplement Best Value |
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Medicare
supplements are standardized by the government so there are two
major criteria: Company stability and monthly
premium. As an independent insurance broker, our main
goal is to alert our clients to the best value taking in to
consideration the above concerns.
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Medicare
Supplement Bulletin
85% of Medicare Supplement
applicants choose the F plan. |
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The
first question when choosing a company is stability
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With any kind of
insurance, what you buy today might not be what you have
tomorrow. If an insurance carrier runs into financial
trouble, they can increase rates, leave the area or
business...either way you lose. In the next 3-5 years, a
lot of carriers will have difficulties because of the increasing
costs. Lifeguard
filed for Chapter 11. Health Plan of Redlands went
bankrupt. Pacificare
(Secure Horizons) has had a rough few years resulting in
them pulling out of multiple counties all together. A strong
carrier is the first concern. That being said, Blue Cross
of California is by far the strongest carrier. They are
owned by a company called Wellpoint
which has been voted the most admired health care company in the
nation multiple years in a row. Stability of the company
means rate stability and coverage reliability in the
future.
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The
second question when choosing a Medicare supplements is RX
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With the new Part D
for medication, we can concentrate on the core benefits for
Medicare supplements. Traditionally, the F plan has been a
very good value because it offers coverage for Medicare key gaps
such as the 20% co-insurance, excess (amount providers can
charge up to 15% higher than what Medicare allows) and the two
deductibles (Part A and B). Before Part D, we had to look
at the H, I, or J plan for medication coverage but is no longer
the case. The best value on the market tends to be the F
plan and that is why 85% of Medicare supplement purchasers go
that direction.
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quote here.
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be mailed to you here.
Ask questions here.
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email
us
here
with your questions
or
call:
800/320-6269
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