Medicare & Individual

Medicare

Medicare is a federal system of health insurance programs designed for citizens age 65 or older, those that are younger and have certain disabilities, and those that have End-Stage Renal Disease. Medicare is known to have 4 parts: Part A provides coverage against hospitalization expenses; Part B covers against physician expenses including care that's medically necessary and some routine preventive services; Part D covers against prescription drug expenses, and a fourth part not necessarily known as Part C. Part C is generally described as Medicare Advantage plans which is a private insurance solution combining Parts A and B, and sometimes D.  Instead of having Part C, many people choose to have traditional Medicare then purchase additional insurance to help pay for expenses not covered by Parts A and B. This is known as Medigap or Medicare Supplement insurance. You are not permitted to have both a Supplement plan and a Medicare Advantage plan. Click here for educational video.

There are many options, and the plans and terminology are very confusing. For a basic understanding and big picture of the options, we like to refer to the page in Medicare and You labeled "Your Medicare Coverage Choices". Download a copy now. First, you need to decide if you want Original Medicare or a Medicare Advantage plan. If you are not sure which approach is best for you, we can help. We have several carriers and options to discuss with both approaches. Business Benefits Insurance Solutions has helped hundreds of people around the Tri-state area with their Medicare needs.

Individual

Are you ineligible for group insurance?

Maybe you are no longer on your parent's plan or in between jobs.

Are you a self-employed entrepreneur or a retiree without benefits?

Medical

Individual Medical Insurance, whether you are looking for a temporary or a permanent policy, Business Benefits can help find an affordable solution, providing peace of mind and financial stability, even if poor health affects you or your family. Many choices are available including traditional plans as well as high deductible health plans and health savings accounts.

Business Benefits offers a state of the art online tool to assist individuals with quotes, plan comparisons, and government exchanges (or online marketplaces) so that you make more informed healthcare decisions.  By utilizing our online tool, you will have Business Benefits Insurance Solutions assigned to you as "agent of record" and have access to our professional services throughout the year when issues and questions arise.  Learn more and request a quote.

Dental

Individual Dental Insurance is an excellent way to help you provide the best dental care for you and your family. Taking care of your oral health contributes to your overall health and wellness.

Life

Individual Life Insurance is one of the most important benefits you can purchase to protect your family. Most Americans do not have adequate life insurance but usually have large debt and little savings. Purchasing sufficient life insurance is a fundamental way to protect your family from years of hardship if you were to die.

Disability

Individual Long Term Disability is an invaluable way to protect your income if you were ever ill or injured long term. The chance of you becoming disabled during your working years is three times greater than your risk of death.* The most common disabilities in the U.S. include: heart disease, back problems, arthritis, asthma, and diabetes.**

*Commissioners Individual Disability Table A.
**Disability Statistics Center, University of California, San Francisco.

Long Term Care

Individual Long Term Care insurance can protect your family’s assets when the need for long- term care arises. Long-term care insurance provides ongoing health care after an injury or illness is stabilized; or care due to slowly deteriorating health. Help with daily living, such as dressing, eating, and bathing may be necessary along with help provided in your home, or in a variety of settings or facilities. This type of care can be extremely draining on your finances.

If you or a loved one experiences a medical crisis in the future, you may be covered under health insurance and government programs like Medicare. However, health insurance and Medicare do not adequately cover the costs associated with long term care services.