Florida Individual Health Insurance Products
There are three forms of Individual Health Insurance in Florida. They are Major Medical policies, HSA - Health Savings Account policies and , Limited Medical Benefit also called Hospital Indemnity policies.
Florida Major Medical Health Insurance polices are the most popular type of Health Insurance and are what is thought of as typical health insurance. An example of a Major Medical Fort Myers Health Insurance Policy is: Blue Options Plan 504 offered by Blue Cross and Blue Shield of Florida. This health insurance plan covers: Doctor visits, has a Maternity option, Mammograms, Colonoscopies, Prescription Drugs, Emergency Medical Care, Diagnostic Services, Radiology, Mental Health, Home Health Care, Skilled Nursing, Hospital/Surgical, ER Facilities. Please contact our Health Insurance Agent in Fort Myers, Mr. Speas for exact plan details. Some of the Benefits of a plan like this are: A small copay of $35 when seeing your family physician, $0 copay for preventative services, a copay and coinsurance for Urgent Care Centers, hospital, doctor services and ER. This is the type of Florida health insurance that most employers offer, if you are not lucky enough to have employer sponsored health insurance a plan then the BlueOptions 504 offers you an excellent form of protection from medical bills.
Florida Health Savings Account An HSA insurance policy is similar to a Major Medical Health Insurance policy in that it offers you protections in all the same areas. The main difference is that an HSA policy has a high deductible that must be met before the insurance company begins to cover medical expenses and it has a tax free saving account attached to the health insurance policy. This is a new type of insurance policy that is a good option for individuals that are not ill often and wish to have catastrophic health insurance coverage.
Hospital Indemnity Plans are a from of limited medical benefits health insurance. These plans can be purchased in addition to major medical health insurance plans or can be purchased by individuals with preexisting conditions that wish to have some healthcare benefits. This is the least expensive form of health insurance and it is guaranteed issue. This type of policy is not right for everyone but has it's uses and is very inexpensive.
Florida Life Insurance Products
Florida Life Insurance can be broken down into three basic forms: Term, Whole , and Universal.
Florida Term life insurance is guaranteed death benefit life insurance with a set premium for a specific amount of time. Generally a Florida term life insurance policy would look something like this: " Brian of Fort Myers, FL has at 30 year term life insurance policy that will pay $500,000 in the event of his death. Brian is guaranteed to pay $38.45 dollar a month for this policy for the next 30 years." We provide on-line Term life Insurance Quotes click here to get one now.
Whole Life Insurance is a form of insurance that will never expire and is designed to be kept until death. Whole life Insurance policies can also take the form of Final Expense Insurance also called Florida Funeral and Burial Insurance. A Florida Final Expense Whole Life Policy generally would look something like this: " Carol a A 65 year old Woman would pay $44.52 monthly for a $10,000 Funeral and Burial Expense Policy." Whole life insurance policies like the afore mentioned one can be No Medical Exam life inurance. For more details about Funeral and Burial Insurance please contact Mr. Speas or Fort Myers Life Insurance Agent by calling (239) 288 - 0880
Universal Life Insurance policies are a great way to combine tax free savings and a life insurance policy. Universal life insurance policies are generally held for the life of the insured and can build a cash value. This cash value can be borrowed against or used as collateral for a loan. A Florida Universal Life Insurance Policy will generally look like this :"John a 45 year old resident of Naples , FL has a Universal Life policy that pays $500,000 death benefit. John can pay a minium of $110 up to a maximum of $500. John can also skip a payment if he has built up a cash value by paying over the minium in past months". The cash value of a Universal Life Insurance Policy can be invested in Equity Indexed Funds, Bonds, or other investment vehicles.
Florida Medicare Insurance Products
Florida Medicare Supplemental Insurance is for Medicare recipients that also have Medicare part A and B. A Florida Medigap Policy is used to cover the deductibles, coinsurance, and copayments that Medicare alone does not cover. The Medicare Supplement Plan F is the best Florida Medicare Supplemental Insurance policy and is sold by many private insurance companies.
Florida Medicare Part D - Prescription Drug Coverage, is an insurance policy that is purchased in addition to a Medicare Supplement plan. All Medicare recipients need to have some form of prescription drug coverage to avoid the late enrolment penalty. Florida Medicare Part D prescription drug plans are regulated by the government, but do have significant differences. Florida Medicare Part D Insurance benefits and prices can be different in each county and should be reviewed each year during the open enrolment period from October 15 - December 7..
Florida Medicare Part C Advantage Plans are private insurance that takes the place of Medicare Part A and B. Florida Medicare Advantage plans are very similar to major medical health insurance that most people have had their entire working lives. The Florida Medicare Advantage plans are organized by county and have network doctors and hospitals. Most of these plans also include prescription drug coverage.
