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Do I even need a medicare supplement policy?


Well, the short answer yes. If you haven't heard, medicare part a and b have several coverage gaps that can easily add up to thousands of dollars from even just a short outpatient surgery. Medicare Part B for example has a 20% co insurance for outpatient care. This means that for an out patient surgery that costs $25000 your out of pocket would be at least $5000. These types of catastrophic medical expenses can cause great financial discomfort for most people.

By working with an experienced broker you can find a medicare supplement plan with a reasonable premium of about $120 per month. This medicare supplement policy is designed to pay those costly medicare gaps like the part B coinsurance of 20%. This means that instead of having an out of pocket cost of $5000 for your outpatient services, if you have the right medicare supplement plan, your out of pocket cost would only be the cost of your medicare supplement. In other words, all of your medicare gaps are paid by the medicare supplement plan leaving nothing left over to be paid out of your pocket.

This is just a very brief example how a medicare supplement can help save you thousands in medical costs. For more information feel free visit our contact us page to speak with one of our friendly medicare supplement specialists.




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Posted Sunday, May 01 2011 8:55 PM
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Do you need to compare hospitals that take medicare?


Should you compare hospitals with medicare?


Having Medicare shouldn’t be different than any other insurance coverage when it comes to the hospital. The vague nature of what is and is not covered can be confusing and frustrating when you are trying to get treatment. The type of care provided by the hospital is what you should concern yourself with when making a decision.

Two hospital types should be considered with reference to medical care:

1. The ability to care by looking in to certain ailments is one way that you can look in to a hospital’s ability to provide care. Process measures are very important as they show the hospital’s general reaction to struggles.

2. The outcome of the care that is provided is another way that you can judge a hospital’s ability to provide care. If you were to think of this another way, it would be how do the people in their care recover?

At this point many people start to drift off as their attention is drawn to the complexity of the situation. What you may find as good news is that the government has a “Hospital Compare”  at  http://www.healthcare.gov/compare/ that makes all of this easy for you.



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Posted Sunday, May 01 2011 12:16 PM
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Mutual Of Omaha United World Premium Increase!


    Effective in May of 2009 Mutual of Omaha subsidiary "United World" will be rolling out a 12%  premium increase for all existing and new medicare supplement policies. If you are enrolled in one these plans now is the time to move into a medicare supplement plan with a company that has a history of smaller premium increases. Although no one can really predict what premium increases will be every year, we can still base our assumptions from historycal data. It is important that you work with an experienced medicare supplement insurance agent that can tell you what the typical premium increase history is with a particular company. If you have a United World medicare supplement policy we recommend you contact us today to see if you qualify for a lower rate.

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Posted Tuesday, March 24 2009 9:33 PM
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