Frequently Asked Questions
1.What are the different types of Medicare plans?
Medicare includes Original Medicare (Parts A and B), Medicare Advantage (Part C), Prescription Drug Plans (Part D), and Medigap (supplemental coverage). Each type offers different levels of benefits to meet various healthcare needs.
2.What does Medicare Advantage cover that Original Medicare doesn’t?
Medicare Advantage plans often include additional benefits not covered by Original Medicare, such as dental, vision, hearing, wellness programs, and prescription drug coverage.
3.Can I change my Medicare plan each year?
Yes, you can review and make changes to your plan during the Annual Enrollment Period. We can help guide you through the options to ensure you have the best fit for your current healthcare needs.
4.How do ACA subsidies work?
ACA subsidies, or premium tax credits, are based on household income and family size. They reduce monthly premium costs and, in some cases, may cover out-of-pocket costs for low-income applicants.
5.What are the different plan categories under ACA?
ACA plans are divided into four categories: Bronze, Silver, Gold, and Platinum. Each category represents a different balance of premium costs and out-of-pocket expenses, allowing clients to choose based on their healthcare needs and budget.
6.How does life insurance work?
Life insurance provides a death benefit to your chosen beneficiaries, ensuring financial support in the event of your passing. Certain policies, like whole life, may also build cash value over time.
7.What types of ancillary benefits are available?
Ancillary benefits include dental, vision, accident, and critical illness insurance. These plans supplement primary health coverage, reducing out-of-pocket costs for essential services.
8.Can my business qualify for group health plans if I have fewer than 10 employees?
Yes, small businesses with as few as one employee can often qualify for group health plans, making them accessible to businesses of all sizes.
9.Are there wellness incentives available for employees?
Many of our provider plans offer wellness programs, such as gym memberships, discounts on health-related services, and incentives for participating in health screenings.
10.Do you handle all types of payer agreements?
Yes, we work with commercial payers, Medicare Advantage plans, and Medicaid Managed Care Organizations (MCOs).
