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.

Recent Article in US News & World Report Recommends Shopping for New Medicare Plans

Emily Brandon’s recent article in US News & World Report entitled “6 Reasons to Choose a New Medicare Part D Plan” provides excellent insight into the real benefits of taking advantage of the Medicare Open Enrollment Period and the advantages of shopping around for the best coverage and costs to meet your personal healthcare needs.

The Open Enrollment Period is the time of year when individuals with Medicare are able to make important changes to their healthcare coverage. Open Enrollment runs from October 15th to December 7th, and provides seniors with the opportunity to adjust their coverage, add dental and prescription drug coverage, and lower their monthly premiums.

We believe every senior should take advantage of the Open Enrollment Period to compare your current Medicare healthcare coverage against other available plans.  That is why we founded SeniorQuote – to provide you with a trusted resource to comparison shop a wide-range of insurance carriers to find the coverage plan that best fits your budget. Our licensed agents are available to answer all of your questions and help you make the right decision for your family.

While we might set them in a different order, we essentially agree with the top reasons highlighted in Ms. Brandon’s article. A summary of the 6 Top Reasons to Choose a New Medicare Part D Plan follows:

(1)  Medication changes. Your medication needs could change throughout your retirement.

(2)  Find lower premiums. The average premium is expected to increase by 5 percent in 2014.

(3)  Seek lower copays and other cost sharing. Besides premiums, Medicare Part D beneficiaries face a variety of other out-of-pocket expenses, including deductibles, copayments, coinsurance and costs in the coverage gap.

(4)  Reduce your deductible. Just over half of prescription drug plans will charge a deductible in 2014.

(5)  Consider gap coverage. The Medicare Part D coverage gap begins once a retiree incurs $2,850 in prescription drug costs and ends after total drug costs hit $6,691 in 2014.

(6)  Ease of using your benefits. Prescription drug plans are increasingly creating preferred pharmacy networks, and charging retirees higher prices if they don’t fill their prescriptions at the preferred pharmacies.

Enjoy the US News & World Report article. And enjoy the saving money with SeniorQuote during the Open Enrollment Period. Link: http://money.usnews.com/money/retirement/articles/2013/10/28/6-reasons-to-choose-a-new-medicare-part-d-plan?page=2

Are Dental and Vision Covered?

At SeniorQuote we know that healthcare means much more to seniors than just hospital visits and doctor’s offices.  A large amount of seniors also have dental and vision needs, as well.  It is one issue that we get questions about constantly.

Does Medicare Part A or B cover things like a dentist visit?  My prescription lenses?  Or an eye exam?  These are great questions and important to understand when considering your overall Medicare coverage.

Let’s start with dental coverage.  Simply put, if you have basic Medicare part A & B, you are not covered for dentist visits or benefits.  What falls under visits and benefits?  These are things that include checkups, cleanings, fillings, extractions, and dentures.  The only things that basic Medicare may cover are things that are applicable in a hospital setting.  If you would like to add dental benefits and coverage there are 2 ways to go about acquiring coverage;

1) Through an Advantage plan

2)  Through private insurance

Keep in mind that not all Advantage plans include dental coverage.  Additionally, there are many private insurance plans that bundle dental and vision coverage into one plan for seniors.

Vision coverage is similar to dental coverage.  Basic Medicare part A & B does not cover routine eye exams/ refraction, eyeglasses, or contacts.  Medicare does however cover things relating to eye disease.  Common eye diseases for seniors include glaucoma, cataracts, and macular degeneration.  Medicare will cover the diagnosis and treatment of these diseases and many others.  As with dental, there are Advantage plans that cover vision, as well.

We know that these are important aspects of complete healthcare and do not think they should go overlooked.  With open enrollment coming to an end soon, now is the time to look into Advantage plans for additional dental and vision coverage.  SeniorQuote knows the ins and outs of Medicare plans.  Give us a call and we can assist you in finding the plan that best fits your needs.