If you are an individual or family looking for your own health insurance product, or a business looking to provide such to your employees, contact me to discuss your options. The health insurance products I work with are listed below.
- Individual Health Insurance
- Group Health Insurance
- Medicare Supplemental Plans, Advantage Plans, and RX (drug) plans.
- Life Insurance
- Travelers Insurance
- Accident/Cancer/Heart Attack plans
- Disability Insurance
If you desire a more descriptive account of what I do, read on.
The phone rang, and the woman on the other end was furious. She had just received a letter in the mail informing her that the health insurance plan which covered herself, her husband and three kids was being discontinued.
They had been on that plan for 12 years without missing a payment, and the new quotes she had received were almost double what they had been paying.
She wanted to know why. Why was the plan being cancelled? Why were the new rates so high? How did these new plans work? What other options did she have? Why did she have to be on hold for 46 minutes and get transferred three times?
It took 20 minutes. I explained that the new ACA/Obamacare regulations required that insurance companies could no longer set a person’s premiums based on their health status – and so with unhealthy people now able to freely enter the pool, the insurance companies were raising the premiums to be able to pay off the certain tsunami of medical claims, and many were choosing to not continue the plans they had faithfully offered for decades.
With two questions, I determined she would be eligible for a subsidy, where the government would pay for part of these new premiums. Then with a few more questions, I discovered that almost all her doctors were in a smaller network now available.
By going with the smaller network she immediately saved $200+ a month. Since her family was healthy, I offered a limited-visits option alongside the plans structured like the Cadillac plans of old. A little less coverage, but sufficient for their medical needs and more affordable. In the end, she took that new plan at about the same price as the one she had had.
After setting the new plan up to start the first of the next month, I apologized profusely for her long wait and the many transfers, and gave her my direct line so it wouldn’t happen again. A year later she called me back to check in – the plan had worked wonderfully. That time, it only took 10 minutes to update everything.
Since that first call, I’ve done the same thing over a thousand times. Sometimes the results achieved have not been as good – sometimes they have been better. But always I have been able to present the best options available in this changing world of health insurance, and have assisted as much as possible in their chosen solution, even when the best thing to do was to give them the phone number of a competitor.
I expanded my knowledge and became an independent agent in order to be able to offer all the health insurance products (and not have to occasionally send people to others with better products and hope they found them).
After I mastered family and individual health insurance for those under 65, I studied Medicare Supplemental (Medigap), and Advantage plans. In the end, I was able to boil it all down to a 15 minute explanation:
- what is Medicare?
- How do I set it up?
- What does it cover?
- What’s the difference between a supplemental plan and an Advantage plan?
- Which one do I pick?
- Can I switch later?
- What’s the donut hole?
I spoke with a man who had picked the wrong Medicare coverage. He had called in looking for help, but there wasn’t much to be done, because certain government deadlines (which he had no idea existed) had passed.
Year to year he might see some small improvements in his scenario, but the fact remains that the ideal product for him was missed because he wasn’t educated properly. This is yet another reason why Kravaga exists. To educate, to help anyone going on Medicare to avoid a similar result as that gentleman.
I write this following another Medicare appointment.
The gentleman is considering retirement and has the option of putting off his retirement and keeping his group plan with it being supplemented by Medicare part A; or he can retire and take Medicare with either an Advantage plan or a Supplemental Medigap insurance plan, and then would have to get his wife her own individual plan, since she is also covered by his company’s health insurance plan.
In fifteen minutes he knew the supplemental Medicare insurance was the route he wanted to go with, and he had also picked a plan for his wife that he knew would cover her doctors. She can keep this plan till she turns 65 and joins him with a Medicare supplement plan of her own.
Yesterday I spoke with a gentleman changing jobs, who was looking for transitional insurance. He wouldn’t have insurance for 90 days at the new place.
I offered him excellent coverage, and he might keep the policy instead of going with his employer’s, if it turns out to be better than what they offer. He mentioned that he had also lost his life insurance at the previous job – a $100,000 policy for approximately $15 a month. I was able to get him four life insurance options for the same value at a lower price with a 20 year term limit.
Business owners have four core concerns about group health insurance. First are the government regulations: do I have to have insurance for my employees? What are the reporting requirements? How often do the regulations change?
Secondly is the cost and benefit: Can the business afford group health insurance? Will I be able to write it off or get a tax credit? Is the value it brings to my employees worth it?
The third and fourth concerns are fit and time: Are these health insurance plans a good match for my employees and I? How much time do I have to spend setting this up and maintaining it?
In answer to these, there are 10 regulations for businesses. I keep up with them so my clients don’t have to, helping them stay in compliance.
We can demonstrate the value of group benefits, and even talk with the finance officer or CPA to calculate the actual values that group insurance brings to the company, such as: employee retention (which means less training and errors, both of which cost time and money); employee health (less sick time, more productivity); employee morale; as well as how to write off expenses or receive a credit.
I don’t believe in a one-insurance-product-fits-all approach. Nor do I shower you with every option available. I listen, learn your needs, then put together a few customized plans to best meet these needs, with an explanation of the why and how I picked them. Your time is valuable.
To that end, I listen well, so you don’t have to repeat yourself; I only cover the details that actually apply to your scenario. I present the solutions as simply and efficiently as possible, and will be your representative to the insurance company. I will wait on hold – you and your employees won’t have to.
Most recently I’ve begun selling Travelers insurance. Such products have been presented to me before, but the premiums were too high and the services were so ineffective I didn’t see it adding a benefit to my clients’ lives.
That changed recently when I was presented with a type of Travelers insurance with an affordability and level of service and coverage that I myself would buy when I go overseas. I most recently set a middle-aged gentleman up with $1 million in coverage for a two week trip to Europe.
It cost him less than $60. If anything goes wrong the insurance company covers the tab. They’re open 24/7 to cover the different time zones, unlike most travel insurance agencies. Medical Transport is even covered.
In summary, bring me your insurance problems. I design solutions that are the best fit and most considerate of your budget, medical needs, and time. I help get it set up, so you can move on with life. My purpose is to help you insure against what can go wrong, so you can invest in what can go right.
Talk with you soon,