Category Archives: Health Care Reform Act

Didn’t get Obamacare … Look at this

You obamacare strive to make the right choices to ensure a healthy, active lifestyle and a secure financial future.  Yet one day you may face a health crisis – whether it’s a result of an accident or a major illness.

If you missed the annual enrollment for 2014, and you don’t qualify for a special enrollment option, we have a solution!!!  We have a plan that will provide benefits to help you with the expenses associated with a Critical Illnesses PLUS Cancer PLUS Heart Attack/Bypass/Stent/Stroke PLUS Accidents all-in-one!  So you say, oh … it can’t happen to me, right?

CONSIDER THESE FACTS:

  • Men have nearly a 1-in-2 lifetime risk of developing cancer. 1
  • Women have a 1-in-3 lifetime risk of developing cancer. 1
  • 1,300,000 people summer a heart attack each year in the US. 2
  • Nearly 38 MILLION people receive medical attention for an injury each year. 3
  • Accidental Injuries, Cancer & Heart Disease are the TOP 3 KILLERS of people between the ages of 25 and 44. 4

KNOW THE COSTS

  • The total overall cost of cancer in 2007 was $219.2 billion. 4
  • The estimated direct and indirect 2008 cost of coronary heart disease is $156.4 billion. 5
  • The estimated direct and indirect cost of stroke for 2008 is $65.5 billion. 6

                                    $219.2 BILLION

        40 %                                                                       60 %

      DIRECT                                                                 INDIRECT
MEDICAL                                                        OUT-OF-POCKET
COST                                                                       COST

    $89 Billion                                                                            $130.2 Billion

    DOCTOR &                                                             (HIS) LOSS OF INCOME
HOSPITAL BILLS                                                       (HER) LOSS OF INCOME
HOUSE PAYMENTS
CAR PAYMENTS
FOOD
GAS
ELECTRIC BILLS
TELEPHONE BILLS
OTHER LIVING EXPENSES
Not to mention …
TREATMENT COSTS
TRAVEL EXPENSES
MOTEL BILLS
COST OF EATING OUT

How would you pay for out-of-pocket expenses associated
with a critical illness?

If you are like many people, you have few options:

Spend your savings.
Sell your assets.
Buy supplemental insurance to protect your family, finances and future.

We believe you need more “CASH” for personal expenses rather than more INSURANCE for doctors and hospitals.

Your benefits are paid DIRECTLY to YOU ! ! !

Critical Illness Insurance includes these important assurances:

  • Your benefits are paid in addition to any other insurance you carry.
  • You cannot be singled out for a rate increase. Your rates can be increased only if they are increased for all plans of this kind in your state.
  • Your benefits are never reduced.
  • Your policy is guaranteed renewable for life as long as your premiums are paid when due – only you can cancel.

Click here for a quote on Critical Illness + Accident 

 Frequently Asked Questions

Q: What is Supplemental Insurance?

A: Supplemental insurance is extra or additional insurance that helps you pay for out-of-pocket costs that your major medical insurance doesn’t cover. Things such as loss of income, co-pays and co-insurance, travel and lodging, etc. The benefits are paid in cash directly to you so you can use the money however you choose to pay for those unexpected expenses due to illness or injury.

Q: Do I really need supplemental insurance?

Unexpected accidents and illnesses happen. When they do, it can leave you and your family vulnerable to out-of-pocket expenses that major medical insurance does not cover. Supplemental insurance benefits give you piece of mind and reduce the worry about how you will pay for those unexpected expenses. With less worry, you can focus on getting well rather than how you will get the money to pay your light bill.

Q: What happens when I am diagnosed with a critical illness?

A: Filing a claim is easy. You will simply visit our web site to download your claim forms, or call us at 1-877-740-8683 to have them mailed to you.

Q: How can I get supplemental insurance?

A: We make it easy as 1-2-3. 1. Just call us toll-free at 1-877-740-8683. 2. We take the application over the phone in less than 10 minutes. 3. You get your policy in the mail in 1-2 weeks. It’s that easy! Our knowledgable representatives will work with you to identify your protection needs, so you have the coverage you need to help meet those needs.

Q: How do I qualify; do I have to complete a physical?

A: Most people do not have a problem qualifying for critical illness insurance, some cases you can even qualify if you cannot get major medical. There are a few health questions, and no physical is required. Generally, as long as you can answer “No” to the health questions, the coverage is issued and can become effective within 15 days from the date of the application.

Q: What services are covered?

A: Most plans pay cash for things such as:

Lump Sum benefits upon initial diagnosis.
Admission to a hospital
Family lodging for a member of the immediate family
Others

Q: What is generally not covered on a critical illness plan?

A: Most plans will not pay benefits for the following:

Loss diagnosed or caused by another disease or sickness withing the waiting period (waiting periods vary by state)
Loss due to participating in an illegal act or working at an illegal job
Loss due to being intoxicated or under the influence of any illegal drugs or narcotics, prescribed or not
Loss due to self-inflicted injury, or while attempting to commit suicide
Loss due to war, participation in sporting events.

Exclusions and limitations vary by policies by state, so always refer to your policy or outline for applicable exclusions and limitations.

View other supplemental coverages:

Accident
Heart Disease / Heart Attack / Stroke
Cancer
Hospital Indemnity

 

Facts provided by:
1 American Cancer Society, Cancer Facts & Figures 2008, 2008, p.1.
2 American Heart Association/American Stroke Association, Heart Disease and Stroke Statistics, 2008 Update (At-a-Glance Version), p.12.
3 Ibid, p.15.
4 American Cancer Society, Cancer Facts & Figures 2008, 2008, p.3.
5 American Heart Association/American Stroke Association, Heart Disease and Stroke Statistics, 2008 Update (At-a-Glance Version), p.14.
6 Ibid, p.17.

The above facts represent the U.S. population, are for information only and do not imply coverage under the policy or endorsement of the company or the policy by the people and organizations above.

Short Term and Travel Insurance for Summer

Summer is coming, and you may need Short Term or Travel Insurance. Many people aren’t aware that they very limited ,or often no benefits, under their Individual or Group Health Insurance if they travel outside the US. We offer many affordable options that cover medical treatment, with additional features like emergency medical evacuation, political evacuation, and extreme sports. We have also recently helped several families that needed Short Term Insurance in the US. This has happened when children had to have proof of Insurance for things like Summer Camp. While the children didn’t qualify for a Special Enrollment Period for traditional Health Insurance, they were able to get the Short Term proof of coverage as soon as the next day, and that was enough to get them into camp. If you or someone you know may need Short Term or Travel Insurance this Summer, just call 877-740-8683, or visit www.freedomfreequote.com , to get a free quote today.

June is National Safety Month-Do you have Accident Coverage?

The National Safety Council says the annual cost of injuries in the US is $753 billion. This includes medical costs, lost wages, and damages. Each year 1 in 8 people will receive medical care due to a non-fatal injury, and accidents are the cause of 33% of all ER visits. Workers comp does a good job of covering accidents at work, but 70% of accidents occur outside the workplace. While most people have Health Insurance, we have found that one of the biggest gaps in both Group and Individual policies, even with the new Health Care Reform, is the ER deductible and co-pay. You can obtain an affordable Accident Policy that helps with these costs for as little as 50 cents a day. Give us a call at 877-740-8683, or visit www.freedomfreequote.com , for a free quote today.

Plan Renewal Special Enrollment Period

While the Open Enrollment for Health Insurance has ended for 2014, there are still situations where an person can qualify for a Special Enrollment Period. If you have an Individual Health Insurance Policy that has a non-calendar year Renewal this year, you may qualify for a Special Enrollment Period, or SEP. This could occur if you have a Grandfathered or non-Grandfathered transitional policy. If you receive a renewal notice from your Insurer, please give us a call at 877-740-8683, to discuss your options and find out if it is in your best interest to shop for a new policy. This SEP is in addition to the COBRA Special Enrollment Period , relating to Group Health Insurance, that will last until July 1st. There are also the regular Qualifying Life Events that will trigger an SEP. The Qualifying Life Events, or QLE’s, can include such things as gaining a dependent, through birth, marriage or adoption. If you lose Minimum Essential Coverage, through no fault of your own, this can also qualify for an SEP. This could result from a loss of a job, reduction in hours, divorce, or a permanent move. There are complex deadlines surrounding the triggering events. While most SEP’s have a 60 day day window, there are some with only 30 days. If you thing you might qualify for an SEP, please call 877-740-8683, or visit www.healthreformenrollmentcenter.com , to speak to a licensed Insurance Agent for a person evaluation of your situation. If you can’t qualify for an SEP, there are still options available for Short Term Insurance, and the 2015 Open Enrollment will start November 15th.

COBRA Special Enrollment Period

The Department of Health and Human Services recently announced a one time Special Enrollment Period for anyone who has COBRA continuation from Group coverage. This will allow anyone currently on COBRA to enroll in a new ACA plan until July 1st. The normal rules of only being able to enroll in a Marketplace plan when first eligible due to loss of coverage, or when COBRA was exhausted(or during the Open Enrollment), are suspended for this time period. The decision was made because many people were unaware that would no longer be able to leave COBRA coverage during the year, and enroll in an Individual policy. Prior to 2014, people used to be able to purchase Individual coverage at any time during the year, so they could leave COBRA at any time. Under the Affordable Care Act, people are no longer able to purchase Individual coverage during the year, unless they have a Special Enrollment Period. Since COBRA coverage is often very expensive, it always worthwhile to compare Individual Health Insurance prices, especially if you might qualify for a subsidy. Please give us a call at 877-740-8683, to find out if you qualify for a Special Enrollment Period.