Almost everyone receives some type of increase in their health insurance premium. This usually become the incentive to re-shop that insurance. Many companies practice what I call, premium trolling. This is where they offer a low premium to entice customers to sign up and then every 6 months raise the premium. As an agent this drives me crazy and I have complained to the companies that I perceive are doing this. This is the primary reason you need an agent that represents more than one company. I tell most of my customers that this might happen to them so if they become unhappy with their insurance company, for any reason, let me know and we can re-shop the market.
Health companies are getting smarter. Many of them are offering rate guarantees for individual policies. This can be from 24 months to 36 months. Some charge an extra premium for this but it is usually worth it. Just the time that it takes to go through the underwriting process can be a pain. This change can even cause the change of a doctor.
Health issues limit your choices. One of the reason people have health insurance is to control the risk that comes with a sickness, hospitalization or accident. If this happens to you then your chances of getting good rates, or even coverage become limited. This often translates to "your stuck with rate increases and your current coverage for a while."
If you live in Texas and are interested in knowing more about rate guarantees give me a call. 940-594-8040 or toll free at 877-866-4156
Brent Trice
www.TexasHealthInsurance.CC
www.TexasHealthInsurance411.com
Friday, April 27, 2007
Saturday, April 14, 2007
Understanding Major Medical
One sure way to cause problems is to not fully understand what your are buying. You need to know the answers to these questions?
1. Is this major medical?
2. What company is it? - look up the company, call them to see if and how they answer their phone.
3. What is the deductible?
4. Does it cover Dr. office visits? If so, how many a year? How much? What about lab work?
5. What is the co-insurance?
Sometimes not asking the right question can cost you money when you need it the most. ASK QUESTION and a lot of them. No professional will get frustrated they will take the time to explain the information to you.
Brent Trice
email me
visit my website
http://www.texashealthinsurance.cc
1. Is this major medical?
2. What company is it? - look up the company, call them to see if and how they answer their phone.
3. What is the deductible?
4. Does it cover Dr. office visits? If so, how many a year? How much? What about lab work?
5. What is the co-insurance?
Sometimes not asking the right question can cost you money when you need it the most. ASK QUESTION and a lot of them. No professional will get frustrated they will take the time to explain the information to you.
Brent Trice
email me
visit my website
http://www.texashealthinsurance.cc
Understanding Medicare Options
Many Seniors are faced with the changes in the Medicare system. Believe it or not, things seem to be improving for most Seniors. Most Seniors will benefit with a Medicare Advantage plan over a Medicare supplement Plan.
Many people ask me, what exactly is a Medicare Advantage Plan? Simply put it is a plan that is:
1. underwritten by an insurance company.
2. sponsored by Medicare. (you are still in the Medicare system)
3. usually includes more benefits than Medicare A and B .
4. usually does not cost the member any additional premium.
Why would someone stay with a Medicare supplement policy over a Medicare Advantage Plan?
1. there is not a network in their area.
2. the plan is not offered in their area.
3. they like paying the monthly premium for their supplemental plan .
4. no one has taken the time to explain the plan to them.
5. they don't like changes.
6. they might need to change doctors to save money.
For more information visit http://www.medicare.gov
or call me for additional information. I would be glad to answer your questions if you live in Texas.
Brent Trice
866-877-4156
http://www.TexasHealthInsurance.CC
Many people ask me, what exactly is a Medicare Advantage Plan? Simply put it is a plan that is:
1. underwritten by an insurance company.
2. sponsored by Medicare. (you are still in the Medicare system)
3. usually includes more benefits than Medicare A and B .
4. usually does not cost the member any additional premium.
Why would someone stay with a Medicare supplement policy over a Medicare Advantage Plan?
1. there is not a network in their area.
2. the plan is not offered in their area.
3. they like paying the monthly premium for their supplemental plan .
4. no one has taken the time to explain the plan to them.
5. they don't like changes.
6. they might need to change doctors to save money.
For more information visit http://www.medicare.gov
or call me for additional information. I would be glad to answer your questions if you live in Texas.
Brent Trice
866-877-4156
http://www.TexasHealthInsurance.CC
Understanding the Difference between Group Health Insurance and Individual Health Insurance in Texas
Many people ask me about the difference between Group Health Insurance and an Individual Health Insurance plan. In the state of Texas there is a difference. Group plans are usually more expensive but often have higher levels of coverage than Individual plans. If you have any pre-existing conditions, most individual plans will either rider them out or exclude the condition. Some conditions are even cause for decline. These conditions vary based on each carriers (companies) underwriting requirements. Maternity coverage is usually not offered with individual coverage or it is limited.
If you would like to know more please contact me at email me or visit www.DentonHealthInsurance.com
If you would like to know more please contact me at email me or visit www.DentonHealthInsurance.com
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