With 10,000 people turning 65 every day, Medicare planning is an important part of our industry. But you don’t have to be an expert to help your clients transition into Medicare. Ash Brokerage offers traditional Medicare Supplements, Medicare Advantage plans and Prescription Drug plans to help your client pick and choose the coverage they need.
That was the most useful, transparent and overall helpful discussion I’ve ever had on Medicare! Now I can throw out the 18-inch stack of paper from 15 different companies who all “want to help”.
Many clients think enrolling in Medicare is enough, not realizing that there are several items not covered, including deductibles, coinsurance, co-payments, dental, vision, hearing, long-term care and healthcare outside the United States. Private insurance can help cover these costs.
Medicare Supplements and standalone Prescription Drug plans allow your clients to pick and choose the coverage they need with no doctor network. Medicare Supplements help cover the coinsurance, deductibles and co-pays not covered by Original Medicare.
Medicare Advantage plans are bundled plans, covering Parts A, B and D, usually with some extra benefits such as dental and vision, free gym memberships, and over-the-counter products. With Medicare Advantage, your clients will have very low monthly premiums, but a network of doctors to adhere to.
One solution is not better than the other — it depends on your client's preferences, premium tolerance and coverage in their area. Let us sort through the specifics with your client, so they can get the coverage they need.
Medicare Advantage and Prescription Drug Plans have an annual enrollment period between Oct. 15 and Dec. 7. There are also certain circumstances that allow clients to sign up outside of the regular enrollment periods or change their plans, known as a Special Enrollment Period.
