So, there is a rumor that Medicare Supplements are going to increase within the next couple of months. Is this accurate? Yes. The state of NC approved a plan that allowed insurance companies to increase their rates within the next few months for...
Read moreMany times senior citizens receive an ad in their mail promising that the government will help pay for their funeral and all they have to do is call a certain number. Does the government really help pay for a funeral? Yes, but only about $250...
Read moreI often hear the term insurance poor, but people don’t understand what that truly means. So, in a nutshell, what it means is that you are spending a majority of your income on different insurance policies. You are spending so much money on your...
Read moreSo with Medicare Supplement plans, there are two reasons the rates will go up: The first reason is because the state says the rates have to go up due to inflation, medical costs, etc. The second reason is because the company needs to help cover...
Read moreSo when you begin your process to sign up for Medicare, you will be bombarded with stacks of letters and an unlimited amount of phone calls. Why should you work with a broker agent versus a captive agent? To begin with, a captive agent is only...
Read moreHow can you tell if an insurance agent is legitimate? Well there are a few factors that you can look at to tell if the agent is legitimate or not. These factors are as follows: 1) Ask the agent for the national producer number or better known as...
Read moreSo there is a phrase that is used with Medicare Advantage plans called SEP, which stands for Special Election Period. What does this mean? This is a period outside of the Annual Enrollment period from October to December that allows people on...
Read moreSo people ask me all the time “Hey Norm, is there something that will help cover my family’s costs if they have to take care of me if I’m at the final stage of my life?” OK. People don’t really ask me that all of the time. But it certainly is a...
Read moreSo you hear the term ADL…but what is this? In the medical field, ADL stands for Activities of Daily Living. Many insurance plans such as long term or short term will not begin unless you are not able to perform 2 of the ADL..which stands for...
Read moreSo when you sign up for a Medicare Advantage plan, and go to the doctor, you never show the doctor, not the pharmacist your Medicare Card, just your Medicare Advantage plan card. I get a Lot of people who ask me if they have lost their...
Read moreA deductible is what you are required to pay within your medical insurance plan before your plan starts paying. For example in 2022 the Medicare deductible is $233. So if you have a Medicare supplement you will be responsible for the first $233...
Read moreSo on television do you see all these commercials for these prescription discount cards? You see a famous actor like Martin Sheehan advertising for single care or you see a commercial for the good RX card. Are these considered credible coverage...
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