Are You Ready? Open Enrollment only comes once a year.

As we move into fall, you can expect to hear more about Medicare. That’s because the Medicare Open Enrollment period begins on October 15 and continues through December 7th. This is your one opportunity each year to review your health care coverage and decide if you would like to make any changes in your plan or the cost of your monthly premiums.

You may hear a lot about the Health Insurance Marketplace this year. The Marketplace Open Enrollment period (October 1, 2013–March 31, 2014) overlaps with the Medicare Open Enrollment period (October 15–December 7, 2013). The Marketplace is designed to help people who don’t have any health coverage. According to Medicare officials, if you have health coverage through Medicare,the Marketplace won’t have any effect on your Medicare coverage.

Over the next few months, you will find a great deal of important information about Medicare through the mail, on your computer, on television and radio, and from trusted friends and neighbors.  SeniorQuote is here to help you navigate through all of your options to find the best possible coverage for the lowest possible cost.

SeniorQuote offers more than a single insurance plan or carrier. Our experienced, licensed agents are able to help you comparison shop the best supplement plans from all of the top-rated insurance carriers. We will assist you in selecting the plan that best fits your budget, while meeting the healthcare needs of you and your family.

As you enjoy these crisp fall days, take a moment and give us a call. We have answers to all of your healthcare insurance questions. Take charge of your healthcare insurance and select the best plan for you and your family.  The Open Enrollment Period is your time to act.

Call us at 1-800-922-7724

Medicare Competitive Bidding

If this is your first time learning about Medicare competitive bidding, you are not alone.  Part of the reason why you may have never heard of the term is because it was part of an old piece of legislation called the Medicare Modernization Act, signed into law by President Bush in 2003.  It was finally implemented in 2011, and is aimed at “weeding out multiple companies selling the same products at higher prices, even though such products were not necessarily better.

There is little impact for seniors receiving Medicare.  The bill’s biggest effect has been on ironing out wasteful spending in government, saving more than $400 million in the first two years, across nine regions, alone.  Further savings are expected as the bill is implemented in 90 additional areas this year.

While the aim has been to make companies offering medical equipment to the government for Medicare more competitive, some have worried that the quality of equipment would decline in tandem with the prices.  So far, the opposite has happened, and the quality of medical equipment being provided to the government has actually remained the same.

Keep up-to-date with news on your Medicare and what it means for your individual plan.  SeniorQuote is always available to assist you.

Call us for a quote or for more information at (888) 278-5126

We are here to help.

ObamaCare – Will there be “Sticker Shock?”

Just like any event that hasn’t happened yet, many people have   theories for how it will turn out.  Imagine Boston Red Sox and New York Yankee fans debating who would win in a World Series they would continue to argue until the teams actually played.  Right now, the same thing seems to be happening with those speculating about Obamacare and its impact on the cost of healthcare.

“Sticker shock” has been cited by many Obamacare critics who predict that healthcare costs will rise as a result of the program’s implementation, while proponents of Obamacare believe that long-term healthcare costs should decrease.

While the debate will continue for years after the implementation of Obamacare, there are some things that you should consider when reviewing the statements regarding “sticker shock.”  According to the Wall Street Journal, Many believe that the expected rise in healthcare insurance should not pertain to people who already have healthcare provided by their employers The greatest increase is expected to be for those individuals who acquire their own insurance, independent of a corporate employer.   Obamacare is designed to ensure that these independent people will not be discriminated against for preexisting conditions when buying health insurance.  This should mean that  more individuals with pre-existing health conditions will be covered by insurance, As a result, insurance companies will need to cover the higher costs associated for people with pre-existing conditions  which will necessitate  an increase their premiums and require  everyone they cover to pay more into the system.

The actual, individual costs of Obamacare will begin to be realized this year, leading into the comprehensive implementation in 2014.

If you have questions about your personal healthcare, insurance coverage, or Medicare, you can contact the Medicare experts directly at SeniorQuote by calling 888-278-5126.