Having a well-thought-out health care strategy will help ensure you’re covered—no matter what life brings. We are available to help you with the following planning:
- Medicare Supplement Plans
- Medicare Advantage Plans
- Medicare Part D Prescription Drug Plans
- Dental, Vision, and Hearing Plans
- Individual and Family Health Insurance Plans
- Group Insurance Plans
- Ancillary Plans, such as Critical Illness, Travel Insurance and Other
MEDICARE
While there is no shortage of things to prepare for in retirement, it’s critical to also address your health needs and concerns by crafting a comprehensive health care strategy. Medicare generally provides health insurance for most people age 65 and older; however, it may be applicable to others who have received Social Security disability benefits for at least 24 months, have end-stage renal disease, or have amyotrophic lateral sclerosis (also known as Lou Gehrig’s disease).
Medicare is split into four parts:
- Part A: Hospital insurance – Covers the costs of health care at medical facilities. Offers coverage for medically necessary inpatient care at hospitals, skilled nursing facilities, hospices, and some home health services.
- Part B: Medical insurance – Covers the costs of health care outside medical facilities. Offers coverage for doctors’ services, hospital outpatient care, mental health services, and some preventive care.
- Part C: Medicare Advantage (MA) plans – Policies you can purchase from private insurance carriers that provide the same (or additional) coverage as Parts A and B.
- Part D: Prescription drug coverage – Offered through private Medicare-approved insurance companies.
Many people qualify for premium-free Part A if they or their spouse paid Medicare taxes for at least 10 years. However, Parts B and D come with monthly premiums and potential additional charges based on income. If you don’t act in a timely manner, you could face a gap in coverage or even incur lifetime penalties for Parts B and D. Understanding your options and enrolling at the right time is essential to protecting both your health and your finances in retirement.
INDIVIDUAL AND FAMILY PLANS
For those who are not eligible for Medicare, health insurance coverage through the state exchange, MNsure, can be a vital bridge.
MNsure is Minnesota’s health insurance marketplace where individuals and families can compare and purchase health plans, often with financial assistance based on income.
DENTAL, VISION, AND HEARING PLANS
Dental, vision, and hearing (DVH) coverage is an important part of a well-rounded health care plan, but it may not be included in standard health insurance or Medicare.
- If you’re on an individual or family plan through the marketplace, coverage for dental, vision, and/or hearing may be offered as an add-on or a separate policy.
- For those on Medicare, Original Medicare doesn’t typically cover routine dental care, eye exams, glasses, or hearing aids. Standalone DVH plans are also available and can help cover the cost of preventive services, procedures, and devices not included in your core health coverage.
Taking the time to evaluate your dental, vision, and hearing needs can help you avoid unexpected out-of-pocket costs and maintain a higher quality of life.
GROUP BENEFITS
A vital role in attracting and retaining top talent for your small business includes offering competitive group benefits. Comprehensive benefit packages can include group health insurance, dental and vision plans, retirement plans such as 401(k)s, and group life insurance. These benefits not only support the well-being and financial security of employees but also help create a positive workplace culture and improve overall job satisfaction.
We’re here to help you navigate the many options and design a cost-effective, customized benefits package that fits the unique needs of your business and your team.
ANCILLARY BENEFITS
Ancillary benefits such as critical illness insurance, disability insurance, accident coverage, and travel insurance can provide valuable financial protection beyond traditional health plans. These benefits help cover unexpected costs associated with serious health events or emergencies that standard insurance may not fully address. Whether it’s a lump-sum payout to ease the burden of a major diagnosis or coverage for medical needs while traveling, ancillary benefits add an extra layer of security and financial peace of mind. We can help you evaluate which options make the most sense for your situation and guide you in building a benefits package that offers meaningful protection.
**We do not offer every plan available in your area. Currently, we represent 8 organizations that offer 660 products in your area. Please contact Medicare.gov, 1-800-MEDICARE or your local State Health Insurance Assistance Program (SHIP) to get information on all of your options. 