med suppresentation
TRANSCRIPT
MEDICARE SUPPLEMENT INSURANCE
OR MEDIGAP
IN CASE YOU DID NOT KNOWIN CASE YOU DID NOT KNOW
THEY ALL ARE REGULATED BY FEDERAL AND STATE LAWS
THEY ALL OFFERED THE SAME BENEFITS SPECIFIC TO THE PLAN
SO I GUESS THE QUESTION IS THAT IF ALL MEDIGAP (OR MEDICARE SUPPLEMENTS) OFFER THE SAME
BENEFITS AND PAY THE SAME BILLS , THEN THEY ALL HAVE THE SAME PREMIUM, RIGHT?
NO, THEY DO NOT!!!WHY?
BECAUSE THE INSURANCE COMPANIES PRICES ITS MEDIGAP PLANS IN THREE WAYS:
• UNDER A COMMUNITY-RATED OR NO-AGE-RATED PLAN, ALL BENEFICIARIES PAY THE SAME MEDIGAP COSTS AND PREMIUMS, REGARDLESS OF AGE.
• IN AN ISSUE-AGE-RATED OR ENTRY-AGE-RATED PLAN, MEDIGAP PREMIUMS ARE BASED ON YOUR AGE WHEN YOU FIRST ENROLL.
• UNDER AN ATTAINED-AGE-RATED PLAN, YOUR MEDIGAP PREMIUMS ARE BASED ON YOUR CURRENT AGE IN A GIVEN YEAR. PREMIUMS WILL GO UP AS YOU GET OLDER.
MOST PEOPLE ONLY HEARD ABOUT 2-4 COMPANIES MOST PEOPLE ONLY HEARD ABOUT 2-4 COMPANIES THAT SELL MEDICARE SUPPLEMENTTHAT SELL MEDICARE SUPPLEMENT
THEY ARE DOZENS OF COMPANIES
AND THEY ARE COMPETING FOR YOUR BUSINESS
AND THESE COMPANIES ARE GOOD COMPANIES WITH GOOD RATINGS
THEY JUST DON’T SPEND MILLIONS IN ADVERTISING, SO THEY HIRE INDEPENDENT AGENTS LIKE US TO
INTRODUCE THE PRODUCTS.
• THIS IS WHY IS GOOD TO HAVE A GOOD AGENT WORKING FOR YOU.
• YOUR PREMIUM DOES NOT INCREASE BECAUSE YOU HAVE AN INSURANCE AGENT
• IT IS LIKE HAVING A PERSONAL ADVISOR FOR FREE FOR YOUR HEALTH PLANS NEEDS!
• A GOOD AGENT WILL ENCOURAGE YOU TO RESEARCH FIRST BEFORE COMMITTING!
• AND WE SHOP FOR YOU! THE BEST PLAN FOR YOUR MONEY!!
WHY PAY MORE WHEN YOU WHY PAY MORE WHEN YOU DON’T HAVE TO?DON’T HAVE TO?
USE THAT MONEY TO SUPPLEMENT YOUR USE THAT MONEY TO SUPPLEMENT YOUR PRESCRIPTION DRUG PREMIUM!!!PRESCRIPTION DRUG PREMIUM!!!
• SOME PEOPLE ASK THE FOLLOWING QUESTION:
• CAN I CHANGE MY MEDICARE SUPPLEMENT PLAN AT ANY TIME? IS IT LEGAL?
• THIS IS A QUOTE FROM THE MEDICARE.GOV WEBSITE
• “YOU DON'T HAVE TO WAIT A CERTAIN LENGTH OF TIME AFTER BUYING YOUR FIRST MEDIGAP POLICY BEFORE YOU CAN SWITCH TO A DIFFERENT MEDIGAP POLICY.”
• https://www.medicare.gov/supplement-other-insurance/when-can-i-buy-medigap/switching-plans/switch-medigap-.html#collapse-2297
DO I QUALIFY TO GET A NEW MEDICARE SUPPLEMENT PLAN?
• IF YOU HAVE A MEDICARE SUPPLEMENT NOW, THAT MEANS YOU WERE APPROVED. • HOWEVER, IF YOU HAVE HEALTH ISSUES AFTER YOU
BOUGHT THE MEDICARE SUPPLEMENT PLAN, THERE IS A CHANCE THAT YOU WILL NOT BE APPROVED. • I HAVE PLACED A LINK BELOW THIS VIDEO SO YOU CAN
LOOK AT THE HEALTH QUESTIONS. IF YOU ANSWER “YES” TO ANY OF THOSE QUESTIONS, YOU MAY NOT QUALIFY.