Insure360 - Health, Medicare, and Life

Insure360 - Health, Medicare, and Life Medicare, Health, Life, and Marketplace. Learn more or call 608.313.4816 for help.

Such a great reminder that systems outperform motivation time and time again…take small consistent steps and watch your ...
10/11/2023

Such a great reminder that systems outperform motivation time and time again…take small consistent steps and watch your goals become your reality!

What are some goals you need to make some movement on?

09/28/2023

Medicare Costs & Premiums…let's discuss what ARE the costs on your clients plate during retirement…

Medicare offers vital health coverage from age 65 through the rest of our lives, and in some instances Medicare starts even earlier…

💰Part A Premium:
For most, Part A is $0. If you or your spouse paid Medicare taxes while working, you've earned it.

💵 Part B Premium:
The standard premium Part B Premium will vary year to year based on your income, currently in 2023 it starts at $164.90 per month. It's your ticket to doctor visits, outpatient services and purchasing additional coverage.

💊 Part D Premium:
Avoid penalties at all costs. You'll pay a premium based on the plan you choose and the plan you choose is based on one thing, no favoritism, “dollars” and “sense”, who is covering your prescriptions the best in your area. Lowest plans are currently ~$5-30 higher cost plans are over ~$100.

💡Medigap (Medicare Supplement) Plans:
These help cover costs Original Medicare (Parts A and 😎 doesn't. Premiums vary, generally $50 to $200 monthly and vary greatly when you’re 65 and offer peace of mind through covering “gaps.

🧾 Out-of-Pocket Costs:
Deductibles and copayments for services. Some may opt for Medigap or Advantage plans to cap these costs. Learn more at your appointment.

🚑 Emergency Hospital Visits:
Under Part A, you'll have a deductible for each benefit period or copays with your Advantage plans.

Medicare brings peace of mind, however understanding the costs is essential.

Always look at current, best and worst scenarios within each benefit to avoid any and all surprises and ensure your agent is showing you the top 3 - 5 plans for you in your area.

If you have questions about what your clients would pay in different scenarios, drop them below! 👇


The top two words that came to mind when asked about retirement were 1. Health and 2. Healthcare!When asked about concer...
09/11/2023

The top two words that came to mind when asked about retirement were 1. Health and 2. Healthcare!

When asked about concerns during retirement the top response was “Running out of money due to healthcare and out of pocket costs”

It is a huge concern for people in retirement… and when you look at the stats around financial issues after 65…they aren’t wrong to wonder why or how can they avoid it.

🌅 Do you help clients plan for retirement?

Let's talk about Medicare with our employees and our clients and see how it fits into their strategy.

Get ready for a secure future!



09/10/2023

Medicare FAQ Series: Featuring Parts A & B

What's the difference between the two and do I need both?

When it comes to coverage, Part A covers hospital expenses while Part B covers outpatient services. Together the two are known as “Original Medicare”

When it comes to costs, Part A is typically a $0 monthly premium, as long as people have worked their “40 quarters” however Part B does require a monthly base premium.

If your employer has less than 20 employees you’ll [most likely] need both where as employees who have employers with over 20 aren’t so cut and dry.

Getting Part B may be “optional” and you’ll want to make sure you communicate your choice through your SSA account and have someone check that your coverage is considered credible.

To make sure clients and employees are planning correctly for their retirement and ensure those who are already retired have what’s truly best for them reach out or share where you can.

No one enjoys penalties but more importantly no one enjoys thinking they’re covered somewhere later to find out they are not.

Keep sharing and following for more Medicare insights!



💸Medicare Costs Made ClearWhen your clients, employees, or loved ones have Medicare questions let’s put the myths, the m...
09/08/2023

💸Medicare Costs Made Clear

When your clients, employees, or loved ones have Medicare questions let’s put the myths, the misinformation, and the DIY work to rest.

Choosing the wrong plans are TOO costly…

Medicare offers vital health coverage for adults over 65 and those under 65 with certain disabilities, however understanding even the basic costs will help get rid of the myths around you.

💰 Part A Premium
For most, it's $0. When you or your spouse paid Medicare taxes while working, you've earned it…but “it” doesn’t cover everything.

💵 Part B Premium
The standard premium is the same for everyone how much you pay over that amount varies based on your income. This is your ticket to doctor visits, medical equipment, and outpatient services

🧾 Out-of-Pocket Costs
There are deductibles and copayments for services. Some may opt for Medigap or Advantage plans to cap or “supplement” these costs

💊 Part D Premium
Prescription drug coverage is not part of A or B, you'll choose a PDP with a separate premium or a plan that includes drug coverage

🚑 Emergency Hospital Visits
Under Part A, you'll have a deductible for each benefit period. Will you pay this or will you choose a plan that pays this for you?

💡 Medigap (Supplement) Plans
These help cover the costs Original Medicare does not cover. Premiums will vary but offer security and savings

Medicare brings peace of mind, yes, however understanding costs and budgeting is essential. How much thought have your clients put into healthcare costs during their next 10, 20, 30, years of life?


🔍 Unlocking the Benefits of Medigap Plans 🔍Medicare provides a solid foundation, however there's more majority will do t...
09/06/2023

🔍 Unlocking the Benefits of Medigap Plans 🔍

Medicare provides a solid foundation, however there's more majority will do to safeguard their health and their wallet.

With Original Medicare…there are deductibles, out of pocket costs, and 80/20 coinsurance…and there is no out of pocket maximums.

What does that mean? Enter Medigap plans:

a.k.a. “Medicare Supplement” plans…

✅ Extra Protection: Medigap plans help cover costs like deductibles, copayments, and coinsurance that Original Medicare doesn't pay.

✅ Freedom to Choose: With Medigap, you can see any doctor or specialist who accepts Medicare. No network restrictions.

✅ Travel with Confidence: Some Medigap plans offer coverage for emergency care while traveling throughout the country and outside the U.S.

✅ Predictable Costs: Say goodbye to unexpected medical bills. Medigap plans help you budget by limiting your out-of-pocket expenses.

✅ Stress-Free Healthcare: Focus on your health, not your finances. Medigap fills the gaps so you can focus on what matters most…health.

Ready to explore the peace of mind that comes with comprehensive coverage? Share with your clients and loved ones.

Questions? Drop them below. 👇



09/01/2023

🙋‍♂️🙋‍♀️ Life Insurance Awareness month kicks off today!

👨‍💼As a professional who focuses on Health and Medicare who helps people literally insure their personal health financially…getting healthy and staying healthy are important to your loved ones and your wealth overall…don’t let anything fool you there.

Naturally…and unnaturally for that matter…there is the unexpected…it happens every day…people here today who will be gone tomorrow…

🚑Hospitals filled with people today that didn’t expect to be there yesterday.

🤗No matter how happy, healthy, or wealthy you may be if someone else is counting on you…your income…your assets…or you have the ability to set your next generation up for greater success…take a look and see what a monthly premium could do for you.

⁉️ 7 questions to ask yourself about life insurance before your next conversation:

1. Who is protecting my family other than me?
2. What am I trying to accomplish?
3. How much coverage do I want?
4. Am I planning for “if” or “when” I die?
5. What milestone am I trying to reach financially?
6. Is “cash value” important to me?
7. Who will the beneficiary be and why?

09/01/2023

🌍 Medicare Beyond Borders: Coverage Abroad

Have you ever left the country without checking into what your health insurance coverage is other countries?

🗺️ Ever know someone who ran into a health issues outside of the U.S.?

Medicare isn’t always the same “out there” but it also doesn't have to keep you grounded at home…

I never end a discovery conversation with a person who is planning out their healthcare plans during retirement without understanding their travel plans along the way…and there are a few good reasons why…

Healthcare in retirement does not just mean right here, right now…and for some that future will be difficult to think about.

And if it’s the last healthcare they are planning to have…we need to give it some real thought.

What are some options?

🌐 Medigap (Medicare Supplement): Some Medigap plans do offer limited coverage for foreign travel emergencies.

💡Medicare Advantage: Some Advantage plans include emergency coverage while traveling internationally.

🏥 Catastrophic/Emergency Care: Original Medicare might cover emergency care abroad…the real question is how much? We need to check the rules for your destination.

✈️ Travel Insurance: Considering travel insurance to bridge the gap for healthcare overseas and tight situations could make a world of difference.

Remember that options and their details will vary, so it's wise to plan ahead.

Practicing the “5 P’s” (Proper Preparation Prevents Poor Performance) goes a LONG way so be sure to check again and pull a specialist into the chat when your travels are beyond the border!




08/30/2023

🔍 Understanding Medicare Part D Plans 🔍

Medicare isn't just about doctor visits and hospitals – it's also about getting the medications people need.

By far the hardest part for folks on Medicare often times and where the most costly mistakes can be made...don't let confusion stand between them, their medications, and their out-of-pocket costs.

I'm talking thousands of $$$ annually and another reason I partner with business owners and professionals in other industries.

This confusion has to do with their Part D planning and understanding coverage, out-of-pocket breakdowns, deductibles, and the dreaded "donut hole"

Yes I said donut hole, but not those donut holes!

What is Part D?

💊 Part D is the prescription drug coverage portion of Medicare that helps pay for the medications prescribed by healthcare providers.

📦 How Does it Work?
- Each plan has a list of covered drugs, a formulary
- A typical formulary has five "tiers" and each tier consists of preferred generics, generics, preferred brands, non-preferred drugs, and specialty medications
- On average there can be 25 plans in each zip code to choose from
- Part D's have a monthly premium, deductible, and copayments/coinsurance for prescriptions.
- The only time you can change your Part D plan is during AEP season each year.
- Not only do people's prescriptions change throughout the year, but each year so do the plans and what they do and do not cover.



Address

Beloit, WI

Opening Hours

Monday 9am - 5:30pm
Tuesday 9am - 5:30pm
Wednesday 9am - 5:30pm
Thursday 9:30am - 5:30pm
Friday 9am - 5:30pm

Telephone

+16083134816

Website

Alerts

Be the first to know and let us send you an email when Insure360 - Health, Medicare, and Life posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.

Contact The Business

Send a message to Insure360 - Health, Medicare, and Life:

Shortcuts

Share

Category