REPRESENTS BOTH MEDICARE OPTIONS
LISTEN: Borde & Associates, P.A. Helps Individuals and Families Find Proper Medicare Coverage
BREVARD COUNTY • MELBOURNE, FLORIDA – Borde & Associates is dedicated to finding the right healthcare insurance options for individuals and families by building a fiduciary relationship with them.
Corrie Borde, owner of Borde & Associates P.A., stopped by the Space Coast Daily TV Studios to discuss what makes his firm different and what he brings to Brevard County.
Located at 1900 S Harbor City Boulevard Melbourne, Borde & Associates P.A. is an independent insurance agency that offers options from multiple national carriers and other established resources.
Their focus includes helping individuals, families, and businesses find the perfect insurance solutions, building lifelong relationships, and serving the community.
From health to life insurance, associates specialize in:
■ Health Insurance include Medicare options
■ Life insurance with living benefits
■ Long-term care strategies
■ Tax-free & lifetime income retirement strategies
■ Disability
■ Vision
■ Dental
■ Hospitalization
■ Voluntary benefits for groups
For more information, visit Borde & Associates website
REPRESENTS BOTH MEDICARE OPTIONS
Borde & Associates, P.A. represents both Medicare Options 1 & 2, with organizations in multiple States and welcome the opportunity to helping you maneuver through the Medicare maze.
Medicare Supplement: Currently we represent multiple nationally, well established guaranteed renewable for life organizations.
Prescription Drug Plan: Currently we represent 6 out of 8 organizations, which offers 18 out of 21 plans in Brevard County, Florida.
Medicare Advantage Plans: Currently we represent 8 out of 12 organizations, which offer 36 out of 48 plans in Brevard County, Florida.
The bottom line – Original Medicare together with a Medicare Supplement offers more freedom, flexibility & peace of mind for health “what if’s” the future may hold! But it’s also not for everyone, ultimately the decision should align with your healthcare needs, budget & preferences.
Borde & Associates, P.A. & their licensed agents are not connected with or endorsed by the U.S. Government or the Federal Medicare program. You can always contact Medicare.gov, 1-800-MEDICARE, or your local State Health Insurance Program for help with plan choices.
Medicare – There are 2 main choices!
Option 1: Original Medicare (Parts A & B), Prescription Drug Plan (Part D) & Medicare Supplement (Medigap)
Option 2: Medicare Advantage Plans (Part C – HMO, POS, PPO etc.)
What It Covers
OPTION 1:
Original Medicare
(Parts A & B)
Part A: In-patient hospital & skilled nursing care.
Part B: Doctor services at any provider that takes Medicare. Routine vision, dental, & hearing usually not covered, so paid out of pocket.
Medicare Supplement (Medigap)
Medigap plans cover nearly all out-of-pocket costs for parts A & B.
Prescription Drugs
(Part D)
Prescription Medications.
vs.
OPTION 2:
Medicare Advantage
(Part C – HMO, POS, PPO etc.)
Most medical care, usually including drugs & often vision, dental, & hearing.
Your Medicare choice is not a one size fits all! As such exploring all options is recommended.
Original Medicare Parts A, B, D & Medicare Supplement:
Pros
■ No Networks, offers the most freedom, flexibility and portability to be treated by in most cases your choice of providers in the USA & U.S. Territories.
■ No referral requirements, you can consult with a specialist without a referral from your primary care physician.
■ Medicare Supplement coverage is available to cover Copays, Deductibles & Co-Insurance dependent on which Medicare Supplement plan you select.
■ Some Medicare Supplement plans include emergency travel coverage.
■ Some Medicare Supplement insurance carriers may include additional benefits above & beyond the standardized Medicare Supplement coverage in the form of discount programs and/or fitness memberships.
Cons
■ Medicare Parts A & B contains Copays Deductibles & Co-Insurance with no maximum out of pocket limit
■ Emergency international travel not covered with Medicare Parts A &B .
■ Prescription drug plans are not included. A standalone prescription drug plan is necessary in lieu of other credible coverage options to avoid any penalties.
■ Additional premiums are required for a standalone prescription drug plan & Medicare Supplement.
■ Medicare Supplement enrollment periods are restricted. Missing an enrollment period may result in higher premiums and/or denial of coverage if you have certain pre-existing health conditions.
Medicare Advantage Plans / Part C (HMO, POS, PPO etc.):
Pros
■ Contains a maximum out of pocket limit.
■ May include prescription drug coverage & additional benefits such as vision, dental, hearing, fitness membership etc.
■ Includes emergency international travel coverage.
Cons:
■ Medicare Advantage often has limited networks of doctors and hospitals & in most cases charges you more to see out-of-network providers—if you’re allowed to see them at all.
■ Higher out of pocket cost
For more information, visit Borde & Associates website
WATCH: Insurance Expert Corrie Borde from Borde & Associates discusses the benefits of signing up for Health Insurance. DISCLAIMER: This is not financial or investment advice.
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