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Preferred Advisors LLC

Health & Medicare Insurance

Navigate Medicare options and protect yourself against major health expenses with comprehensive coverage

Medicare Supplement (Medigap)
Private insurance that helps cover the gaps in Original Medicare (Parts A and B), such as copayments, coinsurance, and deductibles.

Key Benefits

  • Covers Medicare deductibles and coinsurance
  • Choose any doctor that accepts Medicare
  • Guaranteed renewable
  • Predictable out-of-pocket costs

Important Considerations

  • Monthly premium in addition to Medicare Part B
  • Doesn't cover prescription drugs (need Part D)
  • Limited enrollment periods
  • Pre-existing conditions may affect eligibility
Medicare Advantage (Part C)
All-in-one alternative to Original Medicare offered by private companies. Often includes prescription drug coverage and extra benefits.

Key Benefits

  • Often includes drug coverage
  • May include dental, vision, hearing
  • Out-of-pocket maximum protection
  • Potentially lower monthly costs

Important Considerations

  • Must use network providers
  • May require referrals for specialists
  • Benefits can change annually
  • Plan availability varies by location
Critical Illness Insurance
Pays a lump-sum benefit upon diagnosis of covered critical illnesses such as cancer, heart attack, or stroke. Funds can be used for any purpose.

Key Benefits

  • Lump-sum payment upon diagnosis
  • Use funds for any purpose
  • Supplements existing health insurance
  • Helps with non-medical expenses

Important Considerations

  • Only covers specific conditions
  • May have survival period requirements
  • Pre-existing conditions typically excluded
  • Benefit amount may be limited
Long-Term Care Insurance
Covers costs of long-term care services in your home, assisted living facility, or nursing home when you can't perform basic activities of daily living.

Key Benefits

  • Protects retirement savings
  • Provides care flexibility and choices
  • Reduces burden on family caregivers
  • Tax-qualified premiums may be deductible

Important Considerations

  • Premiums increase with age at purchase
  • May have elimination period
  • Health requirements for approval
  • Benefits may not cover all costs

Medicare Can Be Confusing - Let Me Help

With 16+ years of experience, I'll help you understand your Medicare options and find the right supplemental coverage for your health and budget.