Medicare
Medicare Supplement
What is a Medicare Supplement
- An insurance policy that helps fill gaps in Original Medicare and is sold by private companies, but regulated by Original Medicare
- Designed to help pay for some of the costs that Original Medicare doesn’t, like copayments, coinsurance, and deductibles
- People can use their policy at any doctor or hospital that takes Medicare, anywhere in the U.S
Our Philosophy around Medicare Supplements
- Education-first approach
- One size doesn’t fit all
- Educate you on all of your options
- Tailor-make a full-picture Medicare plan that best suits your needs
Medicare makes changes every year and gets very confusing for most people. We take the time to meet with our clients annually and educate them on how the changes impact them. By doing this, we are able to save our clients on average $895 per year!
It’s our mission to get you the best price on your Medicare Supplemental Insurance while providing you with the best coverage for your situation from the top A-rated companies in the industry. Click here to check out some of the carriers we represent!
Misconceptions around Medicare Supplements
Here is an example of why it is so important to review
your plan every year
- 73-year-old male
- Medicare Supplement Plan G with company ‘A’
- $275 per month for this plan
Mr. Jones worked with a KRS agent to review his policy. Based on his situation, he was able to qualify for that same Plan G coverage through company ‘B’ for $155 per month! Mr. Jones’s coverage did not change whatsoever, and he was able to go to all of the same doctors and hospitals. He got $120 back into his pocket every month. That is $1,440 per year! What would you use these savings for? We find many people are overpaying for the exact same coverage. Don’t pay more than you need to. Call us today!
Download Free Medicare Guides Now!
Prescription Plans
your prescription medications.
Things to keep in mind with Prescription Drug Plans:
- Even if you do not take any medications, Medicare requires you to have a program in place, or you will get penalized
- Based on where you reside
- Each plan has different premiums, formularies, tiers, and cost-sharing and every year these things change
- Every year these plans change and so may your situation and the medications you take
- The only time you can change these plans is during Open Enrollment: October 15th– December 7th
We take the time to get to know your specific situation and shop all the plans available in your area to make sure you’re getting the best coverage possible, while not overpaying. We do this for our clients on an annual basis!
Here is an example of why it is so important to review your plan every year
Mrs. Smith:
- Takes 5 Medications: all tier 1 & 2
- 2020 premium: $20 per month
- Total out-of-pocket costs for the year: $600
- The formulary of her plan changed for 2021, as well as her premium
- She did not read the big booklet of annual notice of changes
- 2021 premium: $53 per month
- Total out-of-pocket cost for the year: $3,216!
- New total out-of-pocket costs for the year: $750
- Total Savings by working with KRS: $2,500 a year!
Medicare Advantage (Medicare Part C)
What is Medicare Advantage?
Things to keep in mind with Medicare Advantage plans:
-
In most cases, you need to use doctors who are in the plan’s network, including
both HMOs and PPOs -
Many of these plans offer some extra benefits that Original Medicare doesn’t cover
like vision, hearing, and dental - Plans may have lower out-of-pocket costs than Original Medicare
- $0 Premium Plans Available
- Must continue paying your Medicare Part B premium in order to have coverage
- Plans vary by the county that you live in
- Only time to change a Medicare Advantage plan, or enroll in one for the first time, is from October 15th– December 7th every year
- These programs have many benefits and continue to get better each and every year
- Meet with your KRS agent annually to see what plans are available and what changes are being made to your current plan for the coming year
Our Philosophy around Medicare Advantage:
Misconceptions around Medicare Advantage
More About Health Insurance Coverage
There are many different types of health insurance plans, and they cover many different kinds of situations. Some plans cover a lot of medical care, while others only cover a few services. Some plans cover preventive care, like check-ups and vaccinations, while others only cover care that is needed after something goes wrong. There are also some plans that cover highly specific types of care, like mental health visits or prescription drugs.
If you are looking for health insurance, there are a few things you should keep in mind. First, you need to decide what type of coverage you need. Then, you need to compare the different plans that are available. Finally, you need to make sure that you understand the terms of the plan you choose. By following these steps, you can be sure that you are getting the best possible health insurance coverage for your needs.
No matter what type of health insurance plan you have, it is important to make sure that you understand what it covers and what it doesn’t.
Your Health Insurance Needs
Disclaimer: Key Retirement Solutions Inc. is approved in 48 States But Not in All Service Areas. We do sell Plans in 48 states; we do not sell in HI and AK; and we do not sell Plans in all service areas in the 48 states. We work with over 30 Carriers and over 100 different carrier plans.
Other Policies
Medicare
What our clients have to say about working with us
Jane, S.
“Hey, I just wanted to take a moment and say a huge thank you to the KRS Insurance team. You know, picking the right Medicare package was feeling like a mountain to me. But you all just…you made it so simple. I spoke to Anne, and she was like a friend, patiently walking me through everything, answering my endless questions without a hint of frustration. And now, I’ve got a package that I understand and, more importantly, that I’m confident in. It’s such a relief knowing I’m in safe hands. So, from the bottom of my heart, thank you, KRS. You folks are lifesavers!”
Gary, S.
“Hi KRS Team,
Just a quick note to say a massive thank you! After that storm damaged my car, I was so stressed. But Mike and the team made the claim process incredibly easy and stress-free. You covered the costs quickly, no hassle, no endless paperwork. I’m so grateful for your genuine care and support. You’ve definitely got a customer for life!
Warm regards, Gary”
John, I.
“Hello Jim,
A quick note to say thank you for the unexpected discount on my house insurance! It’s great to feel valued as a long-term customer. Your kind gesture has truly made my day and reaffirmed why I’ve chosen KRS all these years.
Warm regards, John”
Susan, K.
“Hi Mary,
Thank you so much for helping me pick my Medicare plan! You made everything easy to understand and I’m happy with my choice. Really appreciate your help!
Thanks again, Susan”
