Fla Medicare Supplement Needed

[GreenSky]

I cannot find a carrier that will write a 75 year old for less than $200 a month. In most areas of Florida that I've looked at, AARP is by far the least expensive.

Their only option would likely be to change to an Medicare Advantage plan during OEP. However, the coverage would not a good as Medicare and a supplement and they would have some issues accessing providers.

Rick

 

[MedSuppPro]

Ok, once again... they do not want anything to do with AARP because of the support for Obama reform... This is the third time in three weeks I have come across this. From what I have heard there are a lot of membership cancellations for AARP.

You're not alone. I had a couple this past week whom want out of their Medicare Advantage plan because Obama's promises of cutting $200 billion dollars out of Medicare.

People react to things differently when they hear some Washington insider claim they are "not cutting Medicare benefits" and smile at the same time they say their cutting $200 billion dollars from Medicare.

My couple is scared to death that they will get stuck in their Medicare Advantage plan. So they want out now!

Now, I could also add to this that I've not seen such anger. People whom were once ga-ga are now turning.

To tell the seniors that "We are not going to cut your benefits" is a half truth. The other half should clearly disclose that "Mr. and Mrs. Senior your going to pay more".

The bottom line is that there will be more seniors left with either more expensive MedSupp coverage or underinsured Original Medicare only.

 

[kwimberl]

If rate is an issue, they are best to stick where they are. If they were getting a new AARP med supp at their current age, they would be paying substantially more than the $160.

If they do not care what the rate is, then email me or PM me and I'll help you know other options.

 

[AJAX]

I have a number of new clients on AARP who are asking to change because of the Obama plan. I presently do not do the supps, but plan on changing that soon. But, wouldn't their premium increase if they did a change? My client is 75 on an F plan for $160.00 per month with AARP, everything I have checked would increase the premium quite a bit.

AARP/UHC supps have top premium rates. Good look finding any other supp that will be equal to $160 for a $75yr old on plan F.

Most competitors will offer the same plan for about $30 more a month. That's $360 a year or more that your client will lose.

Your client will not hurt AARP by switching, but they might be hurting themselves. Not to mention AARP/UHC supps have minimal rate increases each year. I've heard other companies rate increases are much larger.

I would explain that to your client. And, remember the supplement policy is run under UHC not AARP. UHC pays for use of their logo.

If they want to drop their AARP membership, to make a statement, that's their decision. But as an insurance agent, I would advise that they keep the supplement. It will help them save money.
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I cannot find a carrier that will write a 75 year old for less than $200 a month. In most areas of Florida that I've looked at, AARP is by far the least expensive.

Their only option would likely be to change to an Medicare Advantage plan during OEP. However, the coverage would not a good as Medicare and a supplement and they would have some issues accessing providers.

Rick

I agree with greensky's post/advice.

However, In Florida there is little to no competition when it comes to PPO plans-AARP through Secure Horizons/UHC is the only PPO with $0 Premium for an MAPD. Again, they will see the AARP logo on the MAPD card.

Or, they can pay $56-$120 for a PPO with another company.

Or, get an HMO, which the restrictions: gatekeeper, refferals, network etc. might hurt them even more. Depending on how often they need to see specialists, and how much medical attention they need.

Or, a PFFS, if available in your area, maybe someone else can speak about that. I personally don't reccomend PFFS's. But, we shall see with the PFFS network addition by CMS.

I think it would be easier to difuse the situation, rather then change the plan. Or, if they insist, they need to fully know and understand what they are leaving and getting into (managed care).

 

[timsip]

Tim:

You spend a great deal of time on this forum proving how ignorant you are.

Perhaps when you have been licensed more than 6 months, you'll learn to respect those who are older (likely) and wiser (definitely) than you.

Rick

I do, Frank has all of my respect.
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Ok, once again, the couple live in FLA, 75 yrs old, they do not want anything to do with AARP because of the support for Obama reform. They are on the "F" plan and very much like it, but not AARP. This is the third time in three weeks I have come across this. From what I have heard there are a lot of membership cancellations for AARP.

My ICA group had a table with the AARP Roadshow at the fair a couple weeks ago and I had many seniors come tell me that they were dropping their membership over the support for the bill. I have yet to hear any of my clients say they want to drop AARP insurance, but if so, I have other cheaper plans available.
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If they want to drop their AARP membership, to make a statement, that's their decision. But as an insurance agent, I would advise that they keep the supplement. It will help them save money.

Unfortunately, they can't do both. With the Med Supp, they have to keep the membership to have the supplement, but with the MAPD, they don't.

 

[Tampa Teddy]

Ok, once again, the couple live in FLA, 75 yrs old, they do not want anything to do with AARP because of the support for Obama reform. They are on the "F" plan and very much like it, but not AARP. This is the third time in three weeks I have come across this. From what I have heard there are a lot of membership cancellations for AARP.

Here's a great little tool for Florida med supps that I came across.

https://apps.fldfs.com/mcws/CWSRateSearch.aspx