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 people's ever increasing medical treatment costs. This chart is a breakdown of how a dollar of premium is spent!

Note: In addition, to ever increasing medical treatment expenses medical insurance 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 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 and avoid sugar. Be pro active, ask your MD lots of questions such as what other effective treatment options are available, which may have a lower cost. It's also very important to get opinions from other MDs 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. You gain an extensive list of preventive treatment, which is covered at 100% with no cost to the individual. Being sure you receive all preventive check ups is an important part of taking care of yourself. Other 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 part of taking care of themselves 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!

Small employers, individuals, and Medicare eligibles in Connecticut receive compassion based help in selecting coverage, which will be effective for them plus meet their interest and budget. The focus, as an advisor, is to share, useful information and insights to save time.

Clients gain:

Increased understanding of how Health, Medicare & Long Term Care insurance in Connecticut can eliminate the risk of big unexpected costs, which come with "Life Happens" medical related situations. Investing in this very important coverage means they gain 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 to help:

Employers:

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

Begin the steps to implement a Wellness programs.

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

Call (860) 451-9793 today! We can set up a time to visit and 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? You can get a quick idea on options and their cost on the site of our partner eHealthInsurance . When on their site you can select either Individual and Family, Small Business, or Medicare. 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 pay 20% of MediCARE's allowed amount for all MD and other outpatient services. Unlike employer plans, there is no limit your 20% cost sharing! What to do? Protect yourself from this big risk with a MediCare health plan. There are two kinds:

A traditional Medicare Supplement together with a Prescription Drug Plan.

A more economical Medicare Advantage plan, which includes 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 don't have medical coverage:
Special medical insurance is needed when going on a short or extended business or personal trip out of the country. 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.

Background:

John adheres to a high standard of professional conduct and because he believes clients are best served by professionals who completed rigorous credential requirements he achieved the Registered Health Underwriter and Long Term Care Professional designations.

Product recommendations are based on coverage which will be hassle free and provide peace of mind. Insights, which benefit clients, from knowledge of and involvement in state and federal legislative and regulatory issues; extensive human resource experience; involvement in professional associations; and participation in national conferences are not available from other area health insurance professionals.

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