As you travel through life, your circumstances are likely to change based upon where you are on life’s journey. As a result, your insurance needs are also expected to change. The key to selecting the right type of insurance and coverage is understanding your current needs and ensuring you have enough to protect you from the unexpected.
Insurance provides peace of mind as it protects you against the unexpected. Having the right type of insurance and coverage is crucial as it ensures that you are financially able to face life’s circumstances.
Navigating through Medicare coverage and benefits can be confusing at times, especially when many different plans are available and continual updates to Medicare. What is covered by Original Medicare? Do I need a Medicare Advantage plan or other supplemental insurance to offset healthcare costs?
Here are options that can complement your Original Medicare insurance:
- Medicare Advantage Plans (Medicare Part C): Part C plans are managed by Medicare-approved private insurance companies and include regional preferred provider organizations (PPOs) and health maintenance organizations (HMOs) plans. They are a combination of both Medicare Part A and Part B coverage. You must be enrolled in Medicare Part A and Part B and live in the plan’s service area to sign up for a Medicare Advantage Plan,
- Medicare Prescription Drug Plans (Medicare Part D): Medicare offers stand-alone prescription drug coverage that works with all Medicare health plans. While drug plans may vary, all plans provide coverage that meets a minimum standard as determined by Medicare. You must be enrolled in Medicare Part A and reside in the plan’s service area to enroll.
- Medicare Supplement (Medigap) Plans: Medigap Plans work in conjunction with Medicare to help cover costs like copayments, coinsurance, and deductibles.
Small Group Health Insurance
Good health is what allows your employees to work, earn a living, participate in hobbies, and enjoy our lives in general – and it is often something we take for granted. However, a serious injury or illness could result in the inability to receive treatment or a mountain of debt owed to the hospital and other medical providers. While health insurance is no longer mandatory as of 2019, it’s still one of the most essential insurances to provide your employees. Our experts can design a package based on your specific budget and company’s goals for coverage.
Having life coverage offers financial security and gives you peace of mind that your family will be cared for. Life insurance can be used to replace lost income from your job, help your family maintain their current standard of living, cover the costs of daily living, pay off outstanding debts (medical or otherwise), pay for educational expenses for your children or grandchildren, and cover burial costs. Some employers offer basic group life insurance, but if not, our experts can help you select a plan with the right coverage for you and your family.
Need Help With Insurance?
Insurance is essential for you and your family’s well-being. Make the time to speak to an insurance expert who can recommend the right solutions for your current circumstances. Bleu Sky’s Insurance Solutions is passionate about ensuring that people are empowered and educated on the resources available to them. Our mission is to help, resolve, and relieve our customers – one person at a time.
You deserve the maximum benefits available to you. Call Bleu Sky’s Insurance Solutions at 813-360-1884 to schedule a free consultation today!