Medicare

Choosing a Medicare plan can be completely overwhelming. Most of us have never had to decide which insurance plan best suits our needs. As an independent insurance agent, I can write almost every plan available in Arizona. During a free consultation, I will help you to decide which type of plan suits your needs the best and which insurance carrier has the best plan for you. Several things come into consideration when choosing a plan. Are there particular doctors that you want to continue to see? How often do you see your doctors? What is your budget for health insurance? Are there other health needs such as Dental, Vision or Hearing coverage needed? How about a gym membership? My goal is for you to understand your plan and to make sure you are getting all of the benefits that you are entitled to.

  • ADVANTAGE PLANS
  • SUPPLEMENT PLANS
  • PRESCRIPTION DRUG PLANS

Call to schedule your complementary in home appointment today.

SHORT TERM CARE INSURANCE

An affordable approach to covering the high costs of a nursing home stay. If you understand the need for long-term insurance but find the premiums too expensive, short-term care insurance may be for you. By providing up to 360 days of nursing home benefits per confinement, STC will cover the majority of all nursing home stays at an affordable price.

Have you looked at your Medicare plan to see how a skilled nursing facility (SNF) is covered? If you have a Medicare Advantage Plan, most plans pay for the first

20 days after a qualifying hospital stay of at least 3 days. Days 21-100 will cost about $150 to $200 per day and Medicare doesn’t usually pay for days 101+.

EXAMPLE:

Days Medicare pays You pay

0-20 100% 0

21-100 some $11,850 ($150 x 79 days)

101-360 0 $55,640 ($214 x 260 days)

Total for a 1 year stay $67,490

With a Short-Term Care plan

Days Medicare pays You pay

0-20 100% 0

21-100 some 0

101-360 0 0

A savings of $67,490. For a 65 year old, non-smoker, this plan can cost as little as $76.56 per month. To put this into perspective, a 65 year old, non-smoker would have to pay a $75.56 per month premium for at least 73 years before the cost of insurance would equal the cost of the nursing home stay.

If you have a Medicare Supplement Plan F, your plan covers days 1-100. If you are in a SNF for 360 days, you would owe $55,640. You would need to pay the $76.56 premium for 60 years before the cost of insurance would equal the cost of the nursing home stay.

Call me to design a plan to meet your needs and budget.