Medicare Advantage Plans

Many Seniors are faced with the changes in the Medicare system. Believe it or not, things seem to be improving for most Seniors. Most Seniors will benefit with a Medicare Advantage plan over a Medicare supplement Plan.

Many people ask me, what exactly is a Medicare Advantage Plan? Simply put it is a plan that is:
1. underwritten by an insurance company.
2. sponsored by Medicare. (you are still in the Medicare system)
3. usually includes more benefits than Medicare A and B .
4. usually does not cost the member any additional premium.

Why would someone stay with a Medicare supplement policy over a Medicare Advantage Plan?
1. there is not a network in their area.
2. the plan is not offered in their area.
3. they like paying the monthy premium for their supplemental plan .
4. no one has taken the time to explain the plan to them.
5. they don't like changes.
6. they might need to change doctors to save money.

For more information visit http://www.medicare.gov
or call me for additional information. I would be glad to answer your questions if you live in North Texas.
Brent Trice
940.594.8040
http://www.DentonHealthInsurance.com

Do your home work and ASK QUESTIONS

One sure way to cause problems is to not fully understand what your are buying. You need to know the answes to these questions?

1. Is this major medical?
2. What company is it? - look up the company, call them to see if and how they answer their phone.
3. What is the deductible?
4. Does it cover dr. office visits? If so, how many a year? How much? What about lab work?
5. What is the co-insurance?

Sometimes not asking the right question can cost you money when you need it the most. ASK QUESTION and alot of them. No professional will get frustrated they will tak the time to explain the information to you.

Brent Trice
940-594-8040

Major Medical vs Mini Med plans

Many insurance sales people call on the people that choose DentonHealth.com as their health insurance specialist. I hear some of them say, " this person said I could get coverage for only $58" My response is alway, coverage for what? The problem here is not the $58 plan is is what is the $58 plan. In most cases it is a hospitalization only policy. This means that if you are ADMITTED to a hospital THEN it pays a daily rate. Some of these policies include additional coverages for ICU stays, or Dr. visits, ambulance services, etc. These are not Major Medical coverages. In my opinion, these policies have a place but only after you look at a Major Medical option. I would recomment you view these only if your budget can not afford a high deductible plan. Your preferrences will help a good agent direct you to the appropriate insurance plan that fits your needs

Health Insurance

I am a local health insurance agent in the Denton area. I field calls all day from residents of Denton, Flower Mound, Lewisville, Hickory Creek, Little Elm, Argile, Aubry, Justin and others in the area looking for help with their health insurance needs. Here are a few items that one must think about when looking for health insurance.

1. Affordable Premium - Ask yourself, can I afford the premium month after month. Remember, if your policy lapses then you have wasted your money. Buy the policy that you can afford, keep it and use it when you need too.

2. Local Agent vs National Sales Person - My whole family is involved in our community. We live and shop here. I often meet my clients at football games or other local events. When you need help a local agent has a vested interest to help, their reputation!

3. Hospital Deductible - This is the amount that you will need to pay in the event someone needs to be hospitalized. These range from $500-$5000.

4. Dr. Office Co-Pay - This is the amount that you will need to pay the Dr. Office each time that you visit them. These range from $0-$50.

5. Hospital Co-Insurance (usually listed as 80/20 or 70/30) - This is the amount of money that you and the insurance company pay base upon %. For example - if the policy says 80/20 then after you pay the initial deductible then you would pay 20% of the covered expenses and the insurance company would pay 80% of the covered expenses up to the Stop Loss. (usually $5.000 or $10,000)

6. OOP - Out of Pocket expenses - this means the total amount of covered expenses that you would be responsible to pay. This does not include non covered expenses, if there are any.

7. Conditions that might be excluded - All insurance companies consider risk when evaluating any conditions that you might have or prescriptions that you are currently taking. One company may exclude or decline coverage while another company might cover the condition. This is why I work with several companies.

Let Brent Trice an insurance specialist help you find the right policy. Visit him at http://www.dentonhealth.com or get a quote at http://www.dallaslifeandhealth.com/quotes.html or call Brent at 940-594-8040