Products

A Medicare Supplement Insurance (Medigap) policy, sold by private insurance companies, are designed to cover the gaps in original Medicare. Medicare has gaps, like deductibles, coinsurance and copayments. Each plan is standardized and has to follow the guidelines created by Medicare.

Medicare Advantage plans were created as an alternative to Original Medicare. A Medicare Advantage plan is a private health insurance plan approved by Medicare. Originally called Part C, Medicare Advantage plans usually have an HMO or PPO network of Doctors. By enrolling into a Medicare Advantage plan, you direct Medicare to pay the Advantage plan a set monthly amount for your care. In return, the plan will deliver all of your Part A & Part B services.

Long Term Care is an insurance product that helps pay the cost associated with Long Term Care. Long Term Care refers to a host of services that are NOT covered by Medicare. This includes assistance with routine activities of daily living like bathing, dressing, continence, transfering or getting in and out of bed. Most policies will reimburse you for care provided in a variety of places such as: Your home, a nursing home, an assisted living facility or an adult day care center.

Part D is an optional prescription drug program for people on Medicare. Medicare Part D is simply insurance for your medication needs. You pay a monthly premium to an insurance carrier for your Part D plan. In return, you use the insurance carrier’s network of pharmacies to purchase your prescription medications. Part D plans are for a calendar year and vary significantly each year. Florida Insurance Specialist partners with dozens of Part D plans yearly to match the needs of our clients.