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Can you get insurance with COPD?

Can you get insurance with COPD?

Example 1

Tom Gallion recently met with a client who had COPD (Chronic Obstructive Pulmonary Disease). His client already had a Medicare Supplement insurance plan, but due to having COPD, he thought he might be stuck with his current company and plan. He was hoping to be able to move if at all possible.

Over the years his premiums had risen to $267 per month, and it was getting pretty expensive. Tom tried with several different companies to see if they would accept the client, and finally found a new home with Equitable, since his client was not on oxygen. His new policy was only $217 per month, for a savings of around $50 per month for the exact same coverage.

Example 2

Michael Sams also had a client with COPD, and his carrier had increased premiums several times. Michael went over some health questions with his client, then called around to find which company would accept him. Michael found a new carrier and plan for his client, with a savings of nearly $360 per year to stay with the same Plan F he had, but Michael explained the changes that are coming in the next few years with Plan F, and that Plan G is going to be the best choice for the future.

There was a difference of about $400 per year switching from a Plan F to a Plan G. The only difference between F and G is that Plan F pays the annual Medicare Part B deductible of $147. Once Michael explained it all, it was clear to his client that Plan G was what he wanted.

Not only did we lower his monthly premium, but historically the rate increases with Plan G have been significantly less than Plan F.

If you have COPD or any other health condition, don't automatically assume that you can't get insurance. Please contact us to see how we can help!

NEW in 2020! Retirement Planning Seminars at the Sams Ranch

Are you entering into the world of Medicare and retirement? Saddle up – this one’s for you!

Medicare is confusing for almost everyone Michael talks to. Some people educate themselves for years and still can’t wrap their head around Medicare Part D drug plans. There are 26+ choices and the ever-mysterious penalties that are based on the “national base beneficiary premium” which just so happens to change every year…

It’s confusing. That’s why for the first time, Michael is offering a free, 1-hour seminar at his brand new family ranch. He is very proud of what he's built there and can’t wait to share it with the community. Even if you think you’ve got it all figured out, use this seminar as an excuse to visit the beautiful Sams Ranch!

On the first Tuesday of every month at 6pm starting in August 2020, you’re invited to come on out to shovel out the manure of Medicare! (Just kidding, no physical effort required!)

✓ Bring your spouse

✓ One hour long

✓ No sales pitch – this seminar is educational only!

✓ He'll be covering Medicare and retirement planning in plain language

Michael has been focused on serving our central IL community for over 15 years and would be honored if you’d attend this educational seminar.

There will be a hand sanitizer station at the entrance and face masks are optional.

There are a limited number of seats at each seminar, so please save your seat here: https://www.samshockaday.com/lp/retirement-planning-seminar-at-sams-ranch

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