Home
| Health Insurance | Small
Business Group Insurance | Senior
Health Insurance
Company Information
| Contact Us | Privacy
Policy
Copyright MediHealth 2003 , All Rights Reserved
Medi-Health,
Inc.can offer your company a wide variety of medical insurance
policies to protect you and your employees against the high costs
of health care.
Small Group Medical Insurance is health insurance designed with
smaller businesses in mind. These plans usually cover businesses
with 50 employees or less. While individual health insurance plans
can deny coverage or increase rates to a specific individual due
to poor medical conditions, a group medical plan cannot. Insurance
companies must accept the entire group or none at all, nor can they
increase rates to one individual. With group insurance plans, there
is strength in numbers.
The structure of group health plans is very similar to that of individual
plans. Group plans are either Indemnity (Fee-For-Service) or Managed
Care in design.
Fee-For-Service policies tend to provide the least restrictive
plans. Your employees can choose the care provider of their choice.
However, indemnity plans also have higher out-of-pocket expenses
associated with them. If you or your employees prefer to have preventive
care and low out-of-pocket expenses, a managed care plan may be
better suited. Managed care, like HMO, PPO, or POS
plans are likely to be more affordable if the insured stay within
their network of care providers. If you like the benefits of managed
care but wish to go to any doctor or hospital of choice, then you
should choose a managed care plan offering out-of-network benefits.
We have over 20 years experience in the health insurance field.
You will get the medical coverage your company needs at a price
it can afford.or call us to discuss your company's specific needs.
You will receive fast, personal service. Contact us today
to get insured!
|
|
Disability
Insurance Maryland Health Insurance Maryland
|
|
Group Short
Term Disability Insurance (also known as weekly income, WI,
STD)
Coverage is generally provided upon the first day of an accident,
or upon the eighth day of an illness for a period of 13, 26, or
52 weeks. Usually benefits are for 66 2/3% of salary, but different
benefit percentages are available with different companies and in
different situations. Definitions of disability vary with differeMaryland
Health Insurance , MD Health Insurance , Maryland Health Plans ,
MD Health Plans , Maryland health insurance company , MD health
insurance company , Child health insurance Maryland , MD child health
insurance , Individual health insurance Maryland , MD individual
health insurance , Maryland health insurance plans , MD health insurance
plans
group health insurance Maryland , group health insurance MD , Maryland
state health insurance , Maryland Medicare supplements , Maryland
Medicare supplement insurance , Maryland Medicare supplement plans
, Long term care Maryland , Long term care insurance Marylandnt
insurance companies.
Group Long Term Disability Insurance (LTD)
Coverage is provided for longer periods of time than with Short
Term Disability, typically two years, five years, to age 65 or for
life. Elimination periods (also called waiting periods) are longer
generally than with STD. This is the time one must wait once disabled
before benefits begin. Disability definitions are critical in evaluating
these plans.
|
| Long
Term Care Insurance Maryland |
Ever consider what would happen in the event you could no longer take
care of your most basic daily activities? What if you needed help
eating, dressing or bathing yourself?
Medicare does a good job for most people, in most situations. However,
due to the changing healthcare delivery system in America today it
has left some people with the feeling of getting the short end of
the stick. The following information will show you why this is happening,
and what you can do to make sure you don't get the short end of the
stick.
Does Medicare or my Medicare Supplement Policy cover long-term care
expenses?
Coverage is very limited. Medicare's skilled nursing facility benefit
(SNF) only covers up to 100 days in a nursing home, and it is very
difficult to qualify for this benefit. You must have been:
1) In a Medicare approved facility
2) Hospitalized for 3 days or more before you enter the facility,
and
3) Enter the facility within 30 days after your hospital discharge
Most people who enter nursing homes do so to receive Custodial
Care which is not covered by Medicare or by Medicare Supplement
Policies. Custodial Care is care that could be performed by someone
without any professional skills or training. The only kind of care
that Medicare covers is Skilled Care or Rehabilitative Care.
Medicare and Medicare Supplements do not cover assisted living facilities.
Medicare does not cover homemaker services or home health aides to
give you personal care unless you are homebound and are also getting
skilled care.
The most significant change in Medicare since 1966
is that Medicare now pays through the use of DRGs (Diagnostic
Related Groups). Medicare pays the hospital a pre-determined set amount
for any given illness or procedure, which has led the hospitals to
limit the amount of time they will allow you to stay in your hospital
bed. These Medicare cuts have forced elderly patients out of the hospital
too fast. Many seniors end up having to go right back in the hospital
again shortly after they are sent home.
Many surgeries and procedures are now performed on an outpatient basis,
where you won't even get to stay overnight. You may have to go home
the same day of surgery, regardless if you have someone at home to
help you or not. While you are recovering at home you may need assistance
with meal preparation, cleaning, shopping, bill paying, doing laundry,
you until you are These cuts have helped Medicare save money. That
is the good news. The bad news is that these cuts have hurt many people
who are on Medicare where you can loose everything. You can loose
your home, your savings or be a burden on your children.
Long-term care expense can be the largest expense you will ever have
to pay in your lifetime.
It can cost more than your college education. The cost can be larger
than any home you have ever bought. It could cost more than any car
you have ever purchased, and more than any vacation you have taken.
However, most people choose to not even think about this expense until
the time comes to start writing checks.
Most estimates are that approximately 50% of all Americans who
reach age 65 will need some type of long-term care.
Nursing home expense is the #1 single largest out-of-pocket
expense for Medicare's beneficiaries comprising 81% of all
health care expenses.
Where would you rather recuperate after a hospital stay? In a nursing
home, a friends Maryland Health Insurance , MD Health Insurance ,
Maryland Health Plans , MD Health Plans , Maryland health insurance
company , MD health insurance company , Child health insurance Maryland
, MD child health insurance , Individual health insurance Maryland
, MD individual health insurance , Maryland health insurance plans
, MD health insurance plans
group health insurance Maryland , group health insurance MD , Maryland
state health insurance , Maryland Medicare supplements , Maryland
Medicare supplement insurance , Maryland Medicare supplement plans
, Long term care Maryland , Long term care insurance Maryland' home,
children's home, a relatives home, your own home? Which would you
prefer?
How much does Long-Term Care cost?
The current cost for a home health aide ranges from $9 to $18 per
hour. If a home health aide came to your home three times a week for
a year, with each visit lasting three hours, it would cost you about
$8,400.
The average cost for assisted living facilities in the Baltimore/Annapolis
and surrounding areas is approximately $2,750 per month, or more than
$33,000 per year.
The cost for nursing home care depends on the amount and type of care
you need and where you get it. The average cost in Maryland is about
$4,500 per month, or more than $53,500 per year.
The single most important financial decision the average retired
person has to make is deciding
. HOW TO PAY FOR LONG-TERM
CARE. If you had to start writing checks for $4,500 per month,
in addition to your own regular living expenses, how many months would
you be able to continue writing those checks before you had to start
making some hard financial decisions?
Planning ahead makes a difference!
Planning ahead will keep you financially sound, providing you with
more choices and more control should you require long term care. The
secure retirement you and your family have been looking forward to
can be assured, but only if you act.
IMPORTANT NOTE:
Once you have decided to use long term care insurance as a means
of protecting assets, preserving choices, and assuring your family's
lifestyle, it is important to obtain coverage at the earliest possible
time. The cost of waiting is high. Long term care insurance premiums
are based upon your age at the time you apply for coverage as well
as your health history. If you need this protection, you need to act
now.
How can I find out more?
to learn more about how Long-Term Care Insurance can help you plan
for your future.
What is Long-Term Care?
Long-term care is the day-in, day-out assistance you need when you
have a serious illness or disability that lasts for a period of time
and you are not able to take care of yourself. Long-term care refers
to a wide range of services and may include home health care, adult
day care, care in an assisted living facility, respite care, continuing
care communities and in nursing homes. The level of care may be skilled
or intermediate, but most frequently is at a custodial or personal
level of care. 95% of the people who reside in nursing homes are receiving
custodial care. The need for custodial care may be the result of an
injury, illness, chronic condition or the frailty of aging where a
person requires assistance with activities of daily living (ADLs)
Maryland Health Insurance , MD Health Insurance , Maryland Health
Plans , MD Health Plans , Maryland health insurance company , MD health
insurance company , Child health insurance Maryland , MD child health
insurance , Individual health insurance Maryland , MD individual health
insurance , Maryland health insurance plans , MD health insurance
plans
group health insurance Maryland , group health insurance MD , Maryland
state health insurance , Maryland Medicare supplements , Maryland
Medicare supplement insurance , Maryland Medicare supplement plans
, Long term care Maryland , Long term care insurance Marylandsuch
as bathing, dressing, feeding, mobility, toileting, taking medications
or continence.
What is Long-Term Care Insurance?
Long-term care insurance is designed to protect your savings in the
event you need long-term care - - and not just in a nursing home or
an Assisted Living Facility. The policies we offer from the leading
long-term care insurers can also cover this care in your own home.
It can even pay your family members who meet certain qualifications
for providing this care.
Do you need long-term care insurance?
Not everyone needs long term care insurance. If you have limited assets,
then Medicaid and community based programs may effectively meet your
long-term care needs. If you do have assets to protect, then you probably
would not qualify for Medicaid or community based programs. If you
want to maintain your independence, and if you want to have the most
choices as to where, when, and how care is provided, then long-term
care insurance may be your best answer.
Why do people buy long-term care insurance?
- Assures
independence
- Helps
protect your family
- Provides
you with choices
- Helps
protect your retirement savings, property and family assets
- Gives
you peace of mind
|
|
Medicare
Supplements Maryland
|
Medicare Supplement
Insurance
(Medigap) is available in only ten standardized plans lettered A through
J. The plans were developed by the National Association of Insurance
Commissioners and incorporated into state and federal law. Plan A
consists of only the "basic" benefit package, while the
other nine plans include the basic package plus different combinations
of additional benefits. Plan A has the least amount of benefits, and
Plan J has the most benefits. Maryland Health Insurance , MD Health
Insurance , Maryland Health Plans , MD Health Plans , Maryland health
insurance company , MD health insurance company , Child health insurance
Maryland , MD child health insurance , Individual health insurance
Maryland , MD individual health insurance , Maryland health insurance
plans , MD health insurance plans
group health insurance Maryland , group health insurance MD , Maryland
state health insurance , Maryland Medicare supplements , Maryland
Medicare supplement insurance , Maryland Medicare supplement plans
, Long term care Maryland , Long term care insurance Maryland
The
benefits are the same regardless of which company is offering the
coverage ( example - Plan C with the ABC company is exactly the
same as Plan C with the XYZ company). This is to make it easier
for you to compare Medicare Supplement policies.
There
are three types of rate structures for Medicare Supplement Insurance:
1) Issue age, the rates are based on your age at the time
the policy is issued and will not increase due to age change
2) attained age, the rates are based on your attained age and
will increase due to age changes, and 3) community age, everyone
in the area pays the same rate regardless of age.
During
your open enrollment period you are guaranteed acceptance in any
one of the ten standardized plans of your choice. Your open enrollment
period is the six-month period before and after your sixty-fifth
birthday.
|
|
|
|