THE FIVE IMPORTANT THINGS YOU SHOULD KNOW ABOUT YOUR MEDICARE PLAN

 

There are five very important things that every senior should know about their Medicare plan.

  1. WHAT PLAN TYPE DO I HAVE? There are two types of Medicare plans. The first one is called a “Supplement” plan, which allows you to go to any doctor or any hospital in the country, that accepts original Medicare. With this plan, you may or may not have a de- ductible or co-pays, depending on the plan. With a Supplement plan, you will also need a separate prescription drug plan. The Part D drug plan and the Supplement plan each have a monthly premium.

    The second type of plan is a Medicare Advantage plan. Most of these plans INCLUDE the prescription drug coverage in the plan and have a small or no monthly premium, but you will have co-pays for each type of service you receive – doctors visits, hospital stays, surgeries, tests, etc. With these types of plans you choose a primary care physician and you work within their networks of specialists and facilities (i.e. Sharp, Scripps, etc.)

  2. WHICH DOCTORS CAN I SEE? A Supplement plan allows you to go to any doctor or any hospital in the country, that accepts original Medicare. With this plan, Medicare remains your primary insurance, and the Supplement plan covers any costs that Medicare doesn’t cover (except prescription drugs).

    With an Advantage plan you choose a primary care physician and you work within their network of specialists and facilities (i.e. Sharp, Scripps, UCSD, etc.)

  3. DOES MY PLAN COVER VISION, HEARING OR DENTAL? When it comes to Medi- care think of it covering everything “from the neck down”. Most Supplement plans do not have this coverage, but a few do have vision coverage as an added feature. With an Ad- vantage plan it depends on the insurance provider, but many cover vision and hearing to a degree, and some have dental coverage as an optional rider. Check with your agent if you are unsure.
  4. CAN I CHANGE BETWEEN THE TWO TYPES OF PLANS? Yes . Each year you can make changes from one plan to the other during the Open Enrollment period between October 15th and December 7th. You may be able to make changes during other times of the year based on a Special Election reason – a change of address, losing employer coverage, etc.
  5. WHAT DO I DO IF I HAVE QUESTIONS? Call us now (858) 753-1920, and I will make sure you know exactly what you have and how it works for you.

Bridlewood Now Expanding Product Line

Bridlewood is pleased to announce our partnership with Life Answers Financial Group

LifeAnswers brings a combined 100 years of industry experience, next generation technology, along with a core group of top life insurance carriers for life insurance and annuity products for its members, for every stage of a customer’s financial needs.

Life Insurance: How many people enter retirement with little or no life insurance to cover expenses and replace income once a loved one has passed? How many folks have lost their life insurance once they came off their group coverage? We can help.

Annuities: The number one fear seniors have is outliving their money. An Annuity is a contract with an insurance company that can, guarantee Growth, guarantee Income and can guarantee No Loss of Principal when the market takes a downturn.

Critical Illness: If you are diagnosed with a qualifying cancer or illness, a policy provides a lump sum cash benefit payment that can be used to help pay for medical treatment, living expenses, or any other expenses you see encounter due to this illness.

Final Expense: Preparing for a funeral can be an exhausting burden for your family, but making sure you have the financial resource to cover the cost of a burial and funeral are extremely important for personal estate planning. Whether you’ve been to a funeral before or you’ve experienced the loss of a loved one, it is important to know that final expense insurance can be depended on to provide a financial safety net to cover these costs.

Why this is So Important:

“Hello Jeff, I want to thank you for all your help. I’m glad there are still people like you that are willing to go the extra mile to help someone. What I have lived through the past 10 months (since my husband went to heaven) has been rough but things are getting better. You never understand a person’s troubles until you have to face it your-self. The life insurance plans you did for us a few years ago has helped me tremendously, because of the unexpected expenses and the loss of Michael’s income. Every penny helps me these days, and I appreciate everything you did for us.”

Personal Note: Our customers are our “family” and we must protect them as we would our own. Since Bridlewood is the leader in Medicare insurance in San Diego, we have a moral responsibility to protect our “family” from whatever life throws at them.