Lack of Healthcare Coverage Contributes to Senior Bankruptcies

SeniorQuote Insurance Services Seeks to Protect Seniors
Through Unique Comparison Service that Offers Affordable Healthcare Options

San Diego, California (January 29, 2014) – Rising healthcare costs are threatening the financial security of Americans over the age of 65.  According to the Center for Disease Control and Prevention, healthcare costs are rising at a rate that is outpacing standard healthcare insurance coverage.  According to a report updated by the CDC in October of 2013, personal health expenditures, which include services such as physician visits, hospital care, dental care, prescription drugs and nursing home care accounted for 84 percent of national health care expenditures in 2007, while private health insurance paid for only 36 percent of these personal health expenditures.  Seniors are struggling with the rising cost of their personal healthcare as a result of this coverage gap.

William Haynor, a business leader with more than 40 years of experience in the insurance industry, is working to address this coverage gap and protect seniors from debt and bankruptcy through SeniorQuote Insurance Services.  SeniorQuote is a unique service that provides seniors with the ability to cross-shop multiple insurance carriers for Medicare Supplement and Medicare Advantage Plans, with the support and guidance of SeniorQuote’s experienced team of insurance professionals. Haynor, age 72, says that he created the company based on his own experiences in trying to choose the right supplement plan for his personal Medicare coverage.

“I have always been healthy and active,” said Haynor. “But in 2010 it seemed that all at once I was hit with every medical problem you could image.  I was laid up in the hospital for weeks and without proper Medicare Supplemental insurance, the bills would have threatened my family’s savings.  I was thankful that I had the right medical coverage.  Our goal is to provide this same measure of healthcare security to as many seniors as possible.”

According to a study published in early 2005, 46 percent of US personal bankruptcies were related to outstanding medical expenses.  Meanwhile, bankruptcies for individuals over the age of 55 have more than doubled since the early 1990s, with the rising cost of healthcare expenses as the major contributor.

“With the right healthcare coverage, we believe many of these bankruptcies could be avoided,” continued Haynor.  “Individuals relying on standard Medicare coverage are not completely protected.  In my case, the medical expenses not covered by Medicare could have totaled more than $100,000.  Fortunately, my supplement plan covered these additional costs and I paid virtually nothing.”

SeniorQuote operates a nationwide call-in support center designed to assist seniors in finding the healthcare coverage program that best fit their personal needs.  Haynor and his team of licensed agents continue to expand their customer’s choices with the addition of new coverage programs from many of the industry’s top insurance carriers.  The company recently added final expense insurance to their list of services to support the growing population of seniors and their families.  Haynor plans to launch a series of Youtube videos in which he instructs seniors on the importance of final expense insurance and Medicare coverage , as he chronicles his personal experiences in finding the right supplement insurance for his family.

About SeniorQuote Insurance Services, Inc.
SeniorQuote Insurance Services, Inc., headquartered in San Diego, California, is a Medicare Supplement, Advantage, and final expense insurance agency founded for the singular purpose of helping seniors find the perfect insurance coverage to meet the needs of their family.  The company, founded by veteran insurance executive William Haynor, offers Medicare Supplement, Advantage and final expense products from several of the nation’s leading and most respected carriers, through a team of licensed, experienced, and  highly trained customer associates.  To learn more about the company and the carriers represented, visit SeniorQuote.com or call 800-992-7724.

 

SeniorQuote Insurance Services Expands Coverage to Pennsylvania

Pennsylvania seen as key state for company’s nationwide expansion of
unique comparison service for Medicare Supplement, Advantage and Final Expense customers

San Diego, California (January 15, 2014) – SeniorQuote Insurance Services has expanded their comparison service to include the state of Pennsylvania.  With the addition of Pennsylvania, SeniorQuote now offers their unique call-in support and comparison services to seniors in over 35 states.

SeniorQuote offers seniors the ability to cross-shop multiple carriers for Medicare Supplement, Medicare Advantage Plans, and final expense insurance with additional support and guidance of an experienced team of insurance professionals.  The U.S. Medicare population has soared to over 50 million and is projected to reach 64 million by 2020.  To keep pace with this incredible growth, SeniorQuote has implemented an aggressive expansion plan to keep pace, including the addition of new states within its coverage area.

William Haynor, a business leader with more than 40 years of experience in the insurance industry and one of the founders of SelectQuote Insurance Services, is the founder and CEO of SeniorQuote.  Haynor, age 72, says that he created the company based on his own experiences in trying to choose the right supplement plan for his personal Medicare coverage.

“We see Pennsylvania as a very important state for our coverage expansion plans,” said Haynor. “The senior and Medicare population is growing at an unprecedented rate in the United States. All of these people want better choices, lower prices, and greater service. We want to make sure that we can cover as many seniors and Medicare eligible individuals as possible. Covering Pennsylvania was an important step.”

SeniorQuote operates a call-in support center and employs a growing staff of experienced insurance associates and executives.   Haynor and his team of licensed agents continue to expand their customer’s choices with the addition of new coverage programs from many of the industry’s top insurance carriers.  The company recently added final expense insurance to their list of services to support the growing population of seniors.  Haynor plans to launch a series of Youtube videos in which he instructs seniors on the importance of final expense insurance and Medicare coverage , as he chronicles his personal experiences in finding the right supplement insurance for his family.

 About SeniorQuote Insurance Services, Inc.
SeniorQuote Insurance Services, Inc., headquartered in San Diego, California, is a Medicare Supplement, Advantage, and final expense insurance agency founded for the singular purpose of helping seniors find the perfect insurance coverage to meet the needs of their family.  The company, founded by veteran insurance executive William Haynor, offers Medicare Supplement, Advantage and final expense products from several of the nation’s leading and most respected carriers, through a team of licensed, experienced, and  highly trained customer associates.  To learn more about the company and the carriers represented, visit SeniorQuote.com or call 800-992-7724.

SeniorQuote Adds Final Expense Insurance to their List of Services for Seniors

Company offering unique comparison service for Medicare Supplement and Advantage customers now provides insurance to cover end of life expenses for growing population of seniors

San Diego, Calif. (January 8, 2014) – The population of the United States is getting older at an accelerating rate. According to the Administration on Aging, the population of individuals 65 years or older will increase from 39 million in 2009 to over 72 million by 2030, representing over 19% of the population. To assist the rapidly growing population of seniors, SeniorQuote Insurance Services is now offering final expense insurance to protect seniors and their families from the rising cost of funeral, burial and other related expenses incurred at the time of death.

SeniorQuote Insurance Services, founded in 2001, supports the growing populations of Medicare eligible seniors with a unique service that allows them to cross-shop multiple carriers for Medicare Supplement, Medicare Advantage Plans, and final expense insurance with the support and guidance of an experienced team of insurance professionals.  The addition of final expense insurance makes SeniorQuote a comprehensive comparison resource for seniors nationwide.

“Seniors are looking for more options to address their need for their healthcare and final expenses,” said SeniorQuote Founder and CEO, William Haynor.  “Funeral and burial services are really expensive, so our new final expense insurance is designed to help seniors and their families cover these costs. Our mission at SeniorQuote is to support seniors with a helpful and professional comparison service that allows them to find the insurance that best fits their needs for Medicare Supplement, Advantage and final expense insurance.”

Haynor, age 72, is a business leader with more than 40-years of experience in the insurance industry, including serving as one of the founders of SelectQuote Insurance Services.  He founded SeniorQuote in response to his own experiences with Medicare and Medicare Supplement insurance.  The company, which offers seniors the ability to comparison shop plan options from many of the nation’s leading insurance carriers, provides a call-in  support center for its customers.

“My personal medical expenses could have threatened my family savings, had I not had proper Medicare Supplemental coverage,” continued Haynor.  “I wanted to create a resource that seniors could trust in and rely on to help them explore and understand both Medicare and final expense options. SeniorQuote is that resource.”

About SeniorQuote Insurance Services, Inc.
SeniorQuote Insurance Services, Inc., headquartered in San Diego, California, is a Medicare Supplement and Advantage insurance agency founded for the singular purpose of helping seniors find the perfect insurance coverage for the second chapter of life.  The company, founded by veteran insurance executive William Haynor, offers Medicare Supplement and Advantage products from several of the nation’s leading and most respected carriers, through a team of licensed, experienced, and  highly trained customer associates.  To learn more about the company and the carriers represented, visit SeniorQuote.com.