Posts By Elmer Bradley

Medicare H Supplemental Plan: basic but vital coverage for anyone

The Medicare Supplement Plan H provides a basic package to cover the costs that Medicare does not charge. Medical costs may increase. Even with Medicare, there are costs that the patient must cover and these can accumulate quickly. Without Medigap coverage, the patient is responsible for all co-payments, coinsurance and deductibles for Medicare Part A and B. Medicare also does not provide coverage if traveling abroad.

If you suffer an accident or a significant decrease in your health, the costs can be devastating for your retirement years. It is convenient for you to be prepared before it happens. How does the Medicare H supplemental plan help? Find out by visiting to get quotes Plan H will cover 100% coinsurance and the deductible for Part A coverage. It also offers an additional 365 days of hospital coverage at the end of Medicare benefits. It also covers copays and coinsurance for Part B. The costs of the first three liters of blood are also covered. If you want to travel the world during your retirement, Plan H will provide up to 80% of cost coverage for all emergencies abroad. Other complementary plans will cover more, but Plan H may be correct if you only want to cover the basics.

According to Medicare, next year there will be changes in the Medicare Supplement Plan H. After June 1, 2010, no one else can enroll in Plan H. Anyone who enrolls in the plan before June 1 can keep that plan. In addition, hospice care is being added to this plan, as well as to all complementary plans. Therefore, if Plan H meets your needs, you may consider enrolling before it ends. But before making that decision, you should consider the other options available. Holders of existing Plan J policies will not be expelled from their current Plan J coverage or will have to leave. However, it is important to keep in mind that existing Plan J policyholders will be in what is called a “closed” commercial block. What this means is that new J policies will not be sold after this date of June 1, 2010. Some speculate that this will cause Plan J rates to increase faster in Plan J than in other plans. While this makes logical sense (the holders of older policies are equal to higher claims and higher rates), it remains to be seen the true and lasting effect that the elimination of Plan J will have on current policyholders.

The Best Medicare Supplement Plan

The Best Medicare Supplement Plan

What is the best Medicare supplement plan currently on the market? Trying to answer this question without putting the situation in context really means nothing to any potential Medigap policy owner. At first glance, it would be tremendously easy to say that Plan F is the most complete and therefore can be called the best Medicare supplement plan, but when you begin to consider the cost of premium and suitability, you may not be as willing to accept.  Check premium rates by visiting

As an extension of cost consideration, suitability is also critical when evaluating and comparing Medigap plans. Suppose you can pay $450 to Medigap plans because money is not a problem. However, if your medical needs can be adequately met with $180 plans, would you really like to buy the most expensive Medigap policy? If so, doesn’t that mean you’re just throwing money, money you’ll never use? Striking a balance between coverage and need is the most important criterion before you can say that you have chosen the best Medicare supplement plan for them.

Plan M, one of two brand new standardized policies, makes use cost sharing as a means to keep lower your monthly bills. The implication is that, in exchange for slightly lower monthly premiums, people with M would share the Medicare Part A ($1068 in 2009) deductible with insurance company 50/50. The insurance company pays half and you pay the other half. Plan M does not cover the Medicare Part B deductible; however, there are no copies in the doctor’s office after you meet the Part B franchise. Most analysts project that premiums under this plan will be about 15% lower than current F premiums (most common plan).

The second most popular guaranteed issue period takes place when older people choose to work after they clock 65 years. During this period, they are usually covered by employer plans, which offer superior coverage to the original Medicare. However, when they finally retire and leave the employer plan, they have a guaranteed period of 63 days when they can enroll in the plan of their choice. This guaranteed issuance period also includes people who have retired but are still covered under their previous employer plan.

Medicare Supplement Plans almost always offer superior coverage to Medicare Advantage plans, many people choose to sign up for the original Medicare and buy supplemental insurance. Thousands of seniors in recent weeks have received letters notifying them that their coverage with their current benefit plan will end at the end of the year. These individuals have a special guaranteed enrollment period for which they can register for any type of plan with any company without answering health questions. People with health problems should use this period to purchase a Medicare supplemental insurance plan.

How to reduce the cost of motorcycle insurance

How to reduce the cost of motorcycle insurance

With relentless inflation, we face the rising costs of everything from gasoline to food and insurance rates. Do not despair; there are certainly ways to combat the rising costs of motorcycle insurance. Finding affordable motorcycle insurance is not an easy task, especially if you calculate all the risks involved in a fast bike. Fortunately, there are provisions to help you find a cheap but still comprehensive motorcycle insurance policy that meets your needs.Motorcyclists should prioritize a comprehensive insurance policy, especially if you plan to travel in dense urban areas. Whether your transportation method is a moped, an electric scooter or a Harley Davidson, you can save up to one hundred dollars on your insurance bill.

So, although it is very fun to have and drive a motorcycle, it also has a serious side, and one of these sides has insurance that will provide the right kind of coverage is one of those serious sides. Investigate the facts. Find out what type of motorcycle insurance the state requires and what factors such as age and driving history can affect the cost. Make purchases on the Internet. Use the energy available on the Internet to find a good offer. Also, go to your car insurance agent with your search. Find out what type of business the agent can offer to group existing policies. Get the best insurance offer, then do what you bought on the bike.If you have a classic bicycle that was originally worth $100,000 but now only $10,000, standard insurance policies will only reimburse you $10,000 in damages. However, most classic bicycle insurance companies will cover you for all damages of $100,000, or, if not, an agreed value closer to the original value of the bicycle.

Some standard motorcycle insurance companies offer classic bicycle insurance in addition to the standard insurance; ask your insurer. However, it may be in your interest to buy insurance from a company that specializes only in classic motorcycles. That way, there is no confusion about what your insurance policy covers. Find out more and click here.  You are also likely to get better services from a company that specializes only in classic motorcycles, because this type of insurance company is more familiar with the needs of classic motorcyclists than a company that guarantees new and old motorcycles.If you often travel with a motorcycle, there is a greater risk of getting involved in an accident. Motorcycles that are used in daily travel have a significantly higher risk than those used occasionally. Also, if you live in an area with a lot of traffic, your insurance rates may be high.

Find motorcycle insurance quotes: tips on what to look for when searching for motorcycle insurance online

Find motorcycle insurance quotes: tips on what to look for when searching for motorcycle insurance online

All US motorcycle insurance companies claim that they offer the best rates, but most of them don’t really offer very good rates. All that is needed is a little research on the Internet to find the right policy. You just need to know how to compare them and find out which one is best for your motorcycle. It is useful to know what factors affect the price when trying to find motorcycle insurance quotes by visiting

The amount of personal information you must provide will depend on the website you visit to find motorcycle insurance quotes.What happens if the other person is injured to the point of not being able to work and needs long-term medical attention? What happens if YOU are injured and need long-term medical motorcyclee? Protect yourself from these “worst scenarios” by choosing an excellent auto insurance policy.

It is important to understand exactly what to look for when you get motorcycle insurance quotes online. First, keep in mind that literally the insurance company always claims to be the best and promises to help you save money. However, they will not be suitable for you. There are several factors that affect the types of quotes you receive, from the model and brand of your vehicle to your credit score.If you want to add another person to your policy, such as a teenager or spouse, be sure to also add the details when requesting quotes. What type of insurance protection do you require? Many states expect drivers to have some type of motorcycle insurance. Inquire about what the minimum requirements of your state are. Even in a situation where you are aware, check again to make sure that there has been no change since you last bought a motorcycle insurance policy.

Many states expect, at a minimum, that drivers possess liability insurance. If you are buying this type of insurance, the limits of insurance tend to be indicated by three numbers. Finally, check and see if you qualify for special discounts. You will be surprised by some of the discounts offered by some insurance companies.No matter what state you live in, the law will require you to have at least some type of motorcycle insurance. The basic requirements vary from state to state, but essentially you will need sufficient coverage to help pay for any damage or injury you may cause to others. What if it really isn’t your fault? What happens if you end up in the hospital yourself? Or, what happens if you don’t have enough money to pay for the repair of your own vehicle? The best thing you can do is try to find cheap full coverage auto insurance.

Medicare Social Security and Planning 3

Medicare Social Security and Planning 3

Unfortunately, you cannot stop your Social Security payments unless it has been 12 months or less since you started receiving rewards or have already reached the FRA. If you do not meet any of these conditions, you will not be able to pause your rewards until you reach your FRA. Hence, be careful when deciding when to claim your reward. Sometimes you may hear about an old “return” strategy. Previously, you could effectively use your Social Security rewards as an interest-free loan. You can collect rewards in advance, return them and restart your reward at a higher rate as the FRA approaches or reaches. However, in December 2010, the government imposed a 12-month limit to suspend rewards, greatly reducing the use of Social Security as a lending mechanism.

Sometimes a couple decides that presenting and suspending is the best strategy. For this to work, the person who has suspended must have reached his FRA. The strategy may allow the lower-income partner to collect a marital reward, for a full payment of up to 50% of the higher-income partner’s reward, while the higher-income spouse suspends the rewards, accumulating late retirement credits. For example, John and Sue arrived at the FRA. John is eligible to receive $ 2,400 per month from Social Security; Sue will receive only $ 600. To use a file and suspend the strategy, John presents first, which allows Sue to raise $ 1,200 in total between her own reward and the reward of her spouse. After Sue files, John suspends his request. Sue can still receive the $ 1,200 a month even though John has stopped receiving his checks. At 70, when he no longer receives credit for arrears, John reactivates his rewards.

For couples who need additional income but do not want to start Social Security at once, the option of a restricted application may be helpful. In this strategy, one partner claims all the rewards, while the other simply uses the marital reward to take advantage of the spouse’s income. When the person receiving spouse rewards reaches 70, they can switch to a full reward based on their own lifetime income. This technique provides a greater survival reward to the spouse who first came in, as the expecting spouse increased his or her reward value by doing so. However, keep in mind that this strategy only works if the couple applying for marital reward has reached FRA. Otherwise, it is assumed that he is claiming his individual reward of Medicare Advantage Plans in addition to the marital reward and, as a result, the individual reward will be blocked at a lower rate, which nullifies the goal of the strategy.

Changes In Medicare Benefits And How They Affect Your Coverage

Changes In Medicare Benefits And How They Affect Your Coverage

The only consistent thing about Medicare is that it is constantly changing. The changes may be to the benefit coverage you receive under Medicare Plan A and B, may be at the Medicare coverage rates, the deadlines for when you can make a request or alter policies. Finding Medicare coverage that suits your way of life seamlessly can be a nuisance in itself and much less deal with the constant changes related with it.

For most situations, it is ideal to work with a private and trusted Medicare advantage insurance group. They will keep you a change chest and work with you to fully understand your current circumstances and your ever changing needs. Not only does this save time and frustration, it also helps you avoid buying coverage that makes no sense to your needs, which in turn saves valuable resources.

There are many changes for the 2012 calendar year with Medicare. A change is the enrollment period when you qualify to enroll in medication and medical insurance benefits. Another change is the period in which you can eliminate your Medicare Advantage option and enroll in regular Medicare. The new rules state that any changes made to the plan will take effect on the first day of the following month.

Another important change in Medicare began in 2011 and will continue in 2012. This change involves preventive services. This would include Pap tests, flu shots and other services classified as preventive. The main expenses that were previously the responsibility of the patient and which are now considered in the preventive category are tests such as colonoscopies, prostate exams, diabetes tests and bone density tests. Even annual wellness exams are covered. However, keep in mind that your doctors and hospital services remain your responsibility unless you have purchased a Medicare supplement insurance plan to cover these expenses.

Medicare Advantage also included changes to the “managed care” plan. The good news is that you now qualify for additional protections against the increase in direct costs of certain treatments than your Medicare counterparts. The main areas in which this is observed are the areas of chemotherapy, renal dialysis and nursing that are provided in the area of ​​specialized care. It is also important to know that the Medicare Advantage plan also recently set a maximum annual maximum expense for all outpatient and hospitalization services. Recipe coverage has also changed. Medicare Part D, prescription drug coverage will also include much needed relief for the paperback. If you regularly take prescription medications, you will see a decrease in your direct expenses.

Deadline is coming for Universal Healthcare sign ups.

Deadline is coming for Universal Healthcare sign ups.

Now is the time for people who had Universal Healthcare to sign up for the new Medicare Supplemental Insurance or Medicare Advantage Plan. The Special Election Period (SEP) is almost over.

Last February (2013), Florida state regulators decided to bankrupt two subsidiaries of Universal Health Care Group Inc. as it was announced that the financially troubled company had declared bankruptcy in Chapter 11. The Future of The Healthcare Company Headquartered in St. Petersburg, Florida, it is cloudy and uncertain due to the continuing struggles and financial challenges of the state regulatory commission. The closure will affect staff and members in the state of Florida, but there is also speculation about these people in the states of Georgia, Nevada, North Carolina and Texas. There are currently approximately 100,000 members (40,000 Medicare and 60,000 Medicaid), while there are approximately 37,500 Medicare policyholders covered by the Universal Health Care Insurance Company. Although the states of North Carolina and Texas have health insurance facilities, it is speculated that court orders in Florida will not affect them. However, there is still a major concern for members, as only about 900 seniors in the St. Pete area will be affected and will need to find another health professional as a result of filing for bankruptcy.

In addition to the thousands of Universal Health Care members that will be affected by the closure, hundreds of employees will also be unemployed and contribute to the country’s current economic woes. Interestingly, and despite this “pessimistic” scenario, members affected by the closure of Universal Health Care now have the opportunity to be covered by Medicare supplemental insurance. Current Universal members are enrolled in Medicaid or Medicare as they are. However, they were assigned to the original Medicare Part A and Part B if they had not chosen a new plan by the April 1 deadline. Currently, the company continues to operate while negotiations with creditors and the reorganization proposed in Chapter 11 continue. For the time being, this protects them from any demand and / or collection efforts. In addition, Universal Health Care has agreed to merge with America’s 1st Choice for HMOs in Florida, Nevada and Texas, and be part of Universal Health Insurance Company. According to several articles, Universal will seek permission from the bankruptcy court to continue selling the company and has not yet given its consent to the court administration. Importantly, members who feared the worst have other options to consider.

Understanding Medicare Benefits

Understanding Medicare Benefits

Medicare Advantage (formerly Medicare + Choice) is a program through which the Medicare population can receive benefits with a private insurance plan and quotes can be found on so check it out. The government pays insurers a set amount to cover a portion of the plan, while insurers may offer a variety of other benefits (and some other costs) in accordance with rules set by the Center for Medicare and Medicaid Solutions. In many cases, prescription drug coverage (Medicare Part D) is included in best Medicare Advantage plans.

Plan Types

Preferred Provider Organization (PPO): Some Medicare Advantage plans hire a network of healthcare providers (e.g. hospitals, doctors) and charge less when participants use their services. Plan participants may use external providers for an additional charge.

Health Management Organization (HMO): HMOs also have a network of pre-approved service providers that will be covered under your plan. However, the main difference is that you must choose a primary care physician. This primary care physician acts as your personal physician, but also as your health care coordinator. If you need to see a specialist doctor who was not in your health plan network, your primary care doctor may offer referral if you need it. With this reference, your insurance will cover some of the costs, but without it you will be able to pay the full price.

Private Service Pay (PFFS): PFFS plans act very similarly to traditional Medicare, in that you can see any provider who accepts the payment arrangements for your plan. Sometimes these plans establish supplier networks for certain categories of services, but allow you to see someone outside the network who accepts payment for the plan.

Special Needs Plan (SNP): Special needs plans are available to members of the Medicare-eligible population who are also Medicaid-eligible, institutionalized or have a chronic condition.

Medical Savings Accounts (MSA): Medical savings accounts usually do not require a premium as they have a high deduction. Participants must pay the Medicare Part B premium and also pay for services covered by Medicare. Once a participant reaches the deductible, the plan will pay for Medicare services. Medicare also deposits money into a savings account to pay for medical costs. MSA plans do not include prescription drugs, but you can often buy an independent prescription drug plan. Medicare Advantage is beneficial because it usually does not require the purchase of a Medicare Supplement Plan and usually offers additional benefits such as dental and vision coverage, or “wellness” benefits such as discounts at gym memberships. Participants who choose to enroll in Medicare Advantage maintain all Medicare regular patient protections and have the right to enroll in the Medicare and Medicaid Service Center.

Rewards of Caring for the Elderly According to the Low-Cost Healthcare Act: Ripping Common Myths

Rewards of Caring for the Elderly According to the Low-Cost Healthcare Act: Ripping Common Myths

If there is an almost universal truth about Obamacare, the Low Price Healthcare Act (ACA) is that there is a lot of wrong information about it, and most people really don’t understand what it is doing for them. Today we will take the time to specifically dispel some stubborn myths about how ACA will affect elderly Medicare beneficiaries.

Myth: Medicare beneficiaries should now buy additional insurance

There is a lot of language at ACA and there is talk of how many people will need to buy new health insurance, but if you are already receiving Medicare, it will be insured. Medicare (and Medicare Advantage plans) already qualify for all new ACA rules; therefore, you do not have to do anything other than reap the rewards of the new law.

Myth: Medicare Beneficiaries Must Change Doctors

This is best described as “possibly partially true in a way” in reality. The contract is as follows: Medicare payments to insurance companies with Medicare Part C customers are declining. Therefore, insurance companies are trying to find a way to absorb this decrease in revenue. One of the ways you can choose to do this is to reduce your networks, which may mean that some recipients will find that their doctor has recently been removed from their insurance firm’s network. This means they need to change doctors. This is not due to something that ACA does legally, but it is a possible indirect result of changes that ACA is making to the payment structure.

Myth: Medicare premiums are rising due to ACA

Make no mistake: Medicare premiums are rising. But it’s not because of ACA. They go up every year according to the same algorithm. The net effect of ACA on these awards is that they increase more slowly than they would otherwise have done; so ACA is really a direct reward for those who need to pay Medicare premiums.

Myth: Quality of care will be reduced according to ACA law

In fact, the exact opposite is happening. Remember when we said now that Medicare payments to insurance companies are decreasing? Well, they are not falling far for insurance companies that offer superior insurance. In other words, insurance companies do have a financial incentive to provide better care than basic Medicare standards (for the first time). Therefore, the quality of care is oriented upwards, not downwards.