Texas Medicare insurance should be easy. Get the help and benefits you deserve today.

Texas Medicare Benefits

Texas Medicare insurance should be easy. Get the help and benefits you deserve today.

Posts Tagged ‘medicare insurance texas’

Do all Texas Medicare Supplement Plans Have Rate Increases?

Friday, July 13th, 2012

The sort answer to the question ‘Do all Texas Medicare Supplement Plans have rate increases?’ is yes.  Medicare Supplement plans are insurance policies that provide for the gaps in coverage that occur in Medicare Part A and Part B.  However, Medicare Supplement plans, also called Medigap policies, are not a product provided by the government.  Private insurance companies become approved to offer Medicare Supplement Plans.  The content of the plan offered has to fall under one of ten categories that Medicare mandates.  These plan types are labeled with letters, namely A, B, C, D, F, G, K, L, M, and N.  For that reason, all Medigap Plan A policies, no matter what insurance company offers it, have the same benefits (hospital coinsurance, 365 extra days of hospital coverage, blood, and hospice coinsurance). 

 

The Texas Department of Insurance regulates the offering of Medicare Supplement Plans in the state of Texas.  However, the insurance company offering the Medigap product can set the premiums to whatever they wish.  In addition, the quality and reliability of insurance company varies.  Also, the level of customer service and ease of getting claims paid will be different according to what company is offering the Medigap plan.  But back to the question of increasing rates.

Medicare Supplement Plans are all guaranteed renewable by directive from Medicare.  However, the insurance company offering the plan is allowed to change the rates (and by change, I mean increase) generally once a year.  They can change the rates for several reasons, including patient class change or increase in age.  As an agent who seeks the best for his client, I will shop around each year, to make sure you have the best price for your chosen plan.  This can help offset the rate hikes imposed by insurance companies dealing in Texas Medicare Supplement insurance policies. 

I am fully versed in the laws governing switching Medicare Supplement insurance.  Changes must be made within the proper enrollment periods or according to guaranteed issue right guidelines.  Also, you can switch from one company to another at any time, providing you qualify medically but as a rule Medigap plans have very liberal underwriting guidelines. As your agent, I can help guide you through the process and red tape involved with Medicare transactions.  My goal is to make is as easy and painless as possible for you to get the medical care you need at a price you can afford. 

Do all Texas Medicare Supplement Plans have rate increases?  Yes, but that does not mean that you are trapped in a rapidly increasing premium situation.  However, there are issues to think about when you change your Medicare Supplement Insurance policy.  Changing Medigap insurance policies needs to be done with consideration for the coverage, premium price, dependability of the company, and customer service levels.  I take all of these areas into account when researching your options as a Medicare recipient.  I can also help you understand alternatives to Medicare Supplement Insurance, such as Medicare Advantage Plans and more. 

When you want direct, honest guidance through Medicare Supplement Insurance, I can give you the pros and cons about signing up for policies or changing in understandable terms.  Cutting out the confusion over Medicare policies allows you to make educated decisions that will help give you peace of mind, knowing the gaps in your traditional Medicare coverage are being provided for.  You don’t have to let rate increases keep stressing your finances and keeping you from enjoying the benefits of Medicare health coverage.

Do all Texas Medicare Supplement Plans have rate increases?  Yes.  Do you have to pay higher prices every year?  No.  As an industry veteran possessing almost 20 years in the industry, I search high and low for the policies that will provide my clients with the coverage they need at the lowest prices.  We focus on helping Texans on Medicare save money and receive the medical coverage they need.   

For more information on changing your Texas Medigap Plan or to obtain an instant quote visit www.MedicareInsuranceTexas.com right now!

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Medicare Insurance Texas – Understanding Parts A, B and D

Monday, July 18th, 2011

There are many seniors who seek out to find what Medicare insurance Texas has to offer every year. If you have reached your retirement years and are in need of coverage like this from the government, you may be surprised to find out that not all forms of Medicare cover all forms of medical needs. Sometimes you have to get a supplemental policy to fully have protection for your medical troubles but that’s a totally different topic. These are the options offered from the federal government(Parts A and B) and drug coverage heavily regulated by the feds but marketed by private insurance companies(Part D) . There are many different supplement plans out there, but plans A, B, and D  are the one that can be secured from the federal Medicare program. These plans are available in El Paso, Austin, and every other city in this great state. The information below should give you an overview of these products.

Part A  of Medicare insurance Texas is also known as hospital coverage. It pays for any home health care or hospice care you may need throughout your life. It also has funding allotted for in-patient services at a hospital and facility care after leaving a hospital. These bills can get very high very quickly, but this supplemental insurance can make sure that you do not have to pay a ton of out of pocket money for them. In addition to the coverage mentioned above this plan comes to you regardless of your desire for it as you taxes paid for it during your working years.

You might not find a benefit for Medicare insurance Texas as appealing as Medicare Part B. This is the plan that pays for the medical services you may experience in the hospital or doctors office. Some examples of this sort of coverage would be for times when you need clinical laboratory service or outpatient hospital treatment. Any lab tests you have to go through would be a part of Part B. Most policies have it so that you will still have to pay for 20% of your expenses related to this policy, but that will vary by procedure. This part of Medicare has a cost associated with it and most times it can be taken from your monthly Social Security check. There is a penalty for not electing this benefit at the time you qualify in most cases.  

If you are someone who has to use medication on a regular basis, you may be in need of Medicare insurance Texas Part D. This is the plan that offers coverage for prescription drug costs in the event that you cannot pay for medication on your own. There are different forms of this one plan, so you will have to see if you want to pay for full coverage or just partial coverage. You may have a co-pay to work out with the insurance provider, depending on who you work with. This benefit is provided by private insurance companies with heavy regulation from the boys in Washington and again, just like Part B if you decide to skip this benefit there could be a penalty associated if down the road you decide to get involved in the Part D plan.

For more information on Medicare insurance Texas visit www.MedicareInsuranceTexas.com

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Medicare Insurance Texas – Ever Thought of Buying on the Web?

Wednesday, July 13th, 2011

Even though Medicare is considered a policy solely for the elderly, it is still a plan that can be explored online. Knowledge about the computer and the World Wide Web certainly does not stop at the age of 65, so there is no reason for you to avoid using the web to your advantage when you go to secure a policy. You can easily do all of your research right here, and you can actually experience a much simpler process just by working on your computer. Read on to see how you may be able to get your Medicare insurance Texas has to offer by logging onto your computer.

You may be able to get your Medicare insurance Texas totally for free, but you may also have to pay a certain sum of money to get the coverage you need. This could be through the use of supplement plans, which offer some additional coverage beyond standard Medicare to suit your needs. You can get quotes for different supplement plans and plans in general by going online and entering some brief information. Then all you have to do is compare the results and choose the one that works the best for you.

When it comes time to actually buy the Medicare insurance Texas online, all you will have to do is fill out a little more information about yourself on an application and then proceed to making your first payment. In some cases, you may be asked to speak to someone live on the phone to verify your information before you make a payment, but that will depend on where you secure your policy. You should be able to do almost everything online.

Unlike the under 65 individual health market there are only a handful of carriers that allow the complete online application process. Give it a few more years and just like the under 65 market all companies will allow online transactions, otherwise they will be left behind. Just about every plan will allow the downloading of an online application for print and fax, so the over 65 market is close to being “online ready”.

Take some time to research the different options you can get through Medicare insurance Texas so you know that you are going to get the best policy possible. You should be able to get all of the basic coverage you need for doctor visits and prescription drugs if you have the right supplement policy on hand. Just as an FYI about supplement plans, the Texas Medicare Plan F is far and away the most popular. This is a great program that the government offers for seniors who have contributed to the American economy throughout their lives, and you should see it as a reward for a life well lived. All you now need to do is take advantage of the opportunities that come your way. Medicare is readily available to protect you from paying too much for your health care.

For more information on Medicare insurance Texas visit our website!

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Medicare Insurance Texas – Get the Right Coverage

Friday, May 6th, 2011

For most people, Medicare seems pretty confusing. Others assume they can get automatically enrolled and have to do nothing. The truth is that when it comes to Medicare insurance, Texas residents have a lot of different options. Currently, about 12% of the state’s residents are enrolled in Medicare. That accounts for around 3 million of the 24.7 million total residents in the state. These people can tell you from experience that you need to take the time to explore your options and make sure that you get the best Medicare coverage possible, no matter what you might be looking for.

Medicare is only available for free under certain conditions. People who have reached the age of 65 and have 10 years of work history, or those who are disabled are eligible for Medicare insurance Texas offers, but only Part A coverage is free. Those who are over age 65 but do not meet the work requirement can often opt to pay for Part A coverage to be enrolled. The premium is typically nominal when compared to private insurance. Part B coverage is available to anyone who has Part A, but must be enrolled in as soon as possible to avoid penalties. This Medicare coverage always includes a premium, which is currently around $115 per month.

Medicare Part D coverage, or prescription coverage, is also eligible to anyone with Part A, but it does also include penalties for those who do not enroll right away. Finally, you have Medicare Part C (Medicare Advantage) or Texas Medicare supplements. These two options are what will help fill the gaps that Medicare does not cover. There are plenty of benefits to each type of policy and it will be up to you to determine which best suits your needs. If you have Medicare Part A and/or B, you are eligible for these supplemental policies to help you get more coverage.

When it comes to Medicare insurance Texas residents have a lot to learn. It is important that you take the time to educate yourself and learn about the different options that are available. You should also be prepared so that you can confirm your enrollment a couple months prior to your birthday with Social Security. Nothing is worse than assuming that you will get Medicare and then not being properly enrolled. Be prepared and informed and your Medicare enrollment will be a much simpler process in the end.

For more information on Medicare Insurance Texas visit www.MedicareInsuranceTexas.com today!

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Medicare Insurance Texas – Understanding Medicare and Why You Need Supplement Insurance

Friday, February 11th, 2011

When it comes to Medicare insurance, Texas seniors can have some confusion. This is a basic guide to the four types of Medicare coverage and their limitations. The first type of Medicare coverage is Part A. Most people know that Part A covers the cost of hospital care. But, it also covers stays at skilled nursing facilities, hospice, and home health care. This form of Medicare covers all the costs for a hospital stay until the 61st day. At that point, the patient has to start picking up part of the tab. After 150 days, the patient has to cover the entire tab. Each year, a patient must cover the Part A deductible before Medicare picks up any costs.

Medicare Part B covers the cost of medical services not related to a hospital stay. This includes doctors’ services, home health care, outpatient services, and other related medical services. The types of services covered by Part B must be medically necessary or in the form of preventative care. This coverage does not cover voluntary services deemed medically unnecessary. Part B coverage has an annual deductible attached to it. When looking at Medicare insurance Texas residents need the best information.

Patients also have to cover Part B excess charges. According to Medicare law, doctors do not have to accept the amount Medicare considers a fair charge. The doctor has the option of billing the patient for up to 15% more than Medicare considers a fair charge. Since Medicare only covers 80% of these charges anyway, the patient must cover the 20% plus the excess charges the doctor puts on top. For example, if the doctor performs a procedure for which Medicare offers $100, the doctor has the option of charging $115 for the procedure, or 15% above the Medicare allowance. Medicare will pay 80% of the $100, or $80. The patient must cover the $20 left over, plus the additional $15 the doctor charged on top. In Medicare insurance, Texas seniors need to understand these nuances.

Two other types of Medicare exist. Part C Medicare is an HMO type option for those on Medicare. These plans are also known as Advantage plans. Texas Medicare Part D is the prescription drug coverage. Private insurance companies provide administration for Part C and Part D using federal guidelines for coverage.

Most seniors elect to go with some type of Medicare Supplement Insurance also known as  Medigap coverage, these plans will fill in all the holes left with your traditional coverage offered from the government. When it comes to Medicare insurance, Texas residents will find it is important to find the right coverage for your needs. Since all have premiums, cost is a very important factor.

For more information on Medicare insurance Texas visit www.MedicareInsuranceTexas.com today!

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