MEDICARE: Impact of Trump & Obama Care?

http://www.FirstMedicareAdvisors.com – – Recorded Hotline: 1-800-958-8171 – Office: 1-800-825-2919. – – Email: info@firstmedicareadvisors.com – – PS: No Sales Pitches Ever! We hate them much as you do!

In this video, we will be discussing the concerns our clients have about how the Obama/Trump care changes will be impacting their Medicare coverage in the future.

A lot of our customers are concerned about Obama and Trump care impacting their Medicare coverage. I’m going to call these government-sponsored plans “legislation” for simplicity. In 2014, the bill was designed to create guidelines that apply to only individual health insurance policies for people under the age of 65. If you are enrolled in Medicare, you may not buy insurance in the individual marketplace.

This basically means the legislation does not apply to you – if you are on Medicare. The good news about this is that you do not need to worry about your Medicare coverage.

If you are on a traditional Medicare supplement plan – your insurance is not changing at all. If you are over age 65, you will continue to have original Medicare as your primary insurance. Your existing supplement plan will have the exact same benefits and coverage as it always has had.

Some of you have asked us if they should consider moving to an individual health insurance plan due to the legislation. Your answer to that question is no. If you are on Medicare, you are not eligible for an individual health insurance plan. That went away the day you turned age 65.

There are several standard supplement plans available to you in your zip code. You will want to think carefully about which Plan fits your needs the best. Don’t hesitate to contact us for more details and quotes for all the companies that offer plans in your zip code. You can call our office at 1-800-825-2919. You can also call our recorded hotline at 1-800-958-8171 and leave your first name and ask your question or request.

There is one area, the Medicare Advantage Plan, that was affected by the legislation. Remember, when you enroll in a Medicare Advantage Plan you leave Medicare. Your coverage is from a private insurance company. The essential features or character of Medicare Advantage plans didn’t change. These programs will continue to be available to consumers like you. However, it did alter the funding for Medicare Advantage plans.

The plans will receive lower federal funding in the years ahead. You will see increases in your costs related to the program. So, if you have an HMO or PPO plan where you have these copays, coinsurance, and deductibles for medical services, you will see changes.

To learn more about your Medicare supplement plans and other possible options to lower your premiums call us today at 1-800-825-2919. We are standing by and ready to answer all your questions.

If you prefer, give our office a call on our Recorded Hotline. That number is 1-800-958-8171. Record your first name, and then ask your question or request and we’ll get back with you.

If you’re not comfortable with calling – send us an email to info@firstmedicareadvisors.com.

Or, visit our website: http://www.First MedicareAdvisors.com

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