Health, Medicare & Long Term Care insurance in Connecticut

Yes they are! Some reasons:

First - Over 85% of each premium dollar small employers pay goes for the ever increasing cost of medical treatment. This chart breakdowns how a dollar of premium is spent!

Note: Medical insurance also continues to go up because of things such as:

▪ 70% or more of medical treatment dollars can be connected to people's life style choices e.g. smoking, eating to many big burgers, etc.!

▪ MedicAID and MediCARE do not pay providers the full cost of people's medical treatment expenses! This results in providers shifting their unpaid costs to private medical insurance plans.

Second -inflation on medical treatments/procedures has been increasing much faster than normal inflation since 1988. A chart showing this can be seen here.

How much do various medical treatments cost? The average cost in the U.S. for various treatments is shown in this informative chart, on the Life and Health Insurance Foundation for Education's (L.I.F.E.) health insurance cost page. Costs here in Connecticut are higher than these averages but these amounts are still insightful

If a person suddenly has a significant accident or unique illness they face a very large hospital bill. To avoid the financial impact of this highly possible situation the most effective approach is to transfer this big risk to a medical insurance company!.

▪ Work every day to get lots of good nutrition. Findings tell us avoiding sugar is more important than fats. Be pro active, ask your MD lots of questions about other effective treatment options, which may have a lower cost. It's also very important to get other opinions before having an invasive procedure. Information in the resources section below may be useful in researching medical situations.

▪ Buying a Health Savings Account (HSA) is more economical than a traditional plan. Why? You are not paying extra premium just in case you have lots of routine expenses. Being sure you receive all preventive check ups is an important part of taking care of yourself. MD visits, e.g. when not feeling well, are paid, using before tax dollars, with a debit card connected to a special bank based medical expense account.

▪ Insights from experts on effective treatment for various medical conditions can be seen here. A First Aid Guide on handling medical emergencies is also included.

▪ The National Library of Medicine, the National Institutes of Health, and other organizations provide extensive medical treatment information on this site. It's easy to use and authoritative.

▪ Herbal remedies and supplements are an important for many people. They are useful and effective but at times can have harmful effects! Learn more about the safety and efficacy of 135 of the most popular supplements.

News about medical related benefits!

Compassion based help and guidance for small employers, individuals, and Medicare eligibles in Connecticut. The focus is to share knowledge and insights on employee medical benefits, which will meet their interest and budget.

Clients gain:

Increased understanding of how Health, Medicare & Long Term Care insurance provide protection for the big financial risk of unexpected costs, which come with what might be called a "Life Happens" medical related situation. Investing not only provides financial protection plus access to quality treatment professionals.

John C Parker's firm the Parker Agency, in Niantic CT, is a member of the AmeriBen Alliance and his practice is focused primarily in the Eastern part of Connecticut. He works to help:

Employers:

Implement a Health Savings Account (HSA). It's a highly effective alternative to expensive traditional medical insurance. Why? HSA's encourage individuals to take responsibility for their health.
Note: Helping employees understand the value they can gain is a big part of implementing an HSA benefit plan.

Begin the steps to implement a Wellness programs.

Implement a Long Term Care insurance benefit. Productivity of the ever growing number (49%) of employees faced with elder care is improved.
Note: Tax regulations allow this benefit to be set up for executives only.

Call (860) 451-9793 today! We can talk more about implementing an effective benefit plan. You can also send a note with questions to

Individuals & Micro Employers (2, 3 or 4 employees):
Interested in reviewing medical insurance coverage highlights from different companies? A quick idea on the cost of options is available on the site of our partner eHealthInsurance . Select either the Individual and Family; Small Business; or Medicare link. On the next page enter your zipcode. You can apply online if you find coverage, which meets your interest and budget.

Individuals eligible for MediCARE:
Individuals enrolled in MediCARE pay 20% of the allowed amount for all MD and other outpatient services. Unlike employer plans, there is no limit on your 20% cost sharing! What to do? Protect yourself from this big risk with either of two types of MediCare health plans:

A traditional Medicare Supplement together with a Prescription Drug Plan.

A more economical Medicare Advantage plan, which uses a network of providers.

Call (860) 451-9793 today to talk about protecting yourself from the treatment costs MediCARE does not pay.

You may also send a note to

Individuals traveling out of the country need additional medical coverage:
Special medical insurance is needed when out of the US on a short or extended business or personal trip. Why? Employer, individual medical, and MediCARE plans have limited, if any, coverage outside the U.S. You can view four types of coverage and get a cost quote on the Parker Agency page of HTH Worldwide's site. You can also enroll on line.
Note: There are also many advantages, whether on vacation or for business, to investing in trip protection. It covers trip interruption or cancellation; lost baggage; medical evacuation; and more.
Individuals coming to the U.S.:
International citizens, visiting or immigrating to the U.S., also need coverage. Take a look at coverage and cost.

Professional Background:

John adheres to a high standard of professional conduct and believes clients are best served by professionals who continue to increase knowledge by active involvement in professional associations and have completed rigorous credential requirements. Thus, he achieved the Registered Health Underwriter and Long Term Care Professional designations.

Product recommendations are based on coverage which will provide peace of mind and be hassle free. Clients benefit from insights gained from involvement in and knowledge of state and federal legislative and regulatory issues; extensive human resource experience; and participation in two or three national conferences each year. insights and understanding like this is not available from other area health insurance professionals.

The Parker Agency Blog - Health Related Insurance in CT - includes periodic posts on issues related to medical insurance in Connecticut.

John C Parker, RHU, LTCP is licensed to conduct business in CT (644135) and RI (1058420) and does not solicit or sell in other states.