Types of Insurance

Medicare Advantage Plans

For those who are turning 65 or older, we offer Medicare Advantage plans from most major providers in the area. A Medicare Advantage Plan is a type of Medicare health plan that will provide you with all your Part A and Part B benefits. Medicare Advantage Plans include HMO, PPO, and a few other options. Medicare Advantage plans can significantly reduce the out-of-pocket cost of health care, and also offer expanded benefit packages, including dental, hearing, podiatry, chiropractic, acupuncture, and vision coverage, as well as health club memberships and other services which are also not covered by Medicare, such as transportation to and from clinic appointments. Once the out of pocket maximum is reached for an individual, the plan will pay 100% of services for the remainder of the calendar year, with no lifetime maximum, so long as individuals use in-network providers.

Health Insurance (under 65)

Health insurance is coverage that prevents an individual from bearing the entire financial burden associated with sickness or injury. Not only is it a wise decision to carry health insurance on yourself and family members, but it is also required by law under the new Affordable Healthcare Act, to avoid having to pay penalty fees. There are many different options varying based on the type of plan (PPO, HMO, HSA) that you prefer, as well as the levels of premiums, deductibles, co-pays, and coverage of certain medical procedures.

Medicare Supplements

There are many health insurance plans offered to supplement Medicare Parts A and B. This supplemental insurance, also known as Medigap, provides coverage for many of the co-pays and some of the co-insurance related to Medicare-covered hospital, skilled nursing facility, home health care, ambulance, durable medical equipment, and doctor charges.

Prescription Drug Coverage

In addition to the Medicare Advantage plans, (sometimes referred to as "Part C"), we also offer Part D prescription drug benefit plans. These plans cover expenses related to prescription drug coverage.

Dental Insurance

The dental plans that we offer enable our clients to avoid having to pay the entire cost of their dental care. This insurance can help reduce the amount of out-of-pocket expense associated with dental procedures, as well as preventative dental care. As with health insurance, you have the option to choose a PPO (Participating Provider Network), or DHMO (Dental Health Managed Organization).

Long Term Care Insurance

“Long-term care” refers to the daily care required for people with chronic illness, disabilities or other issues, that is needed for a long period of time. These needs can range from assistance with basic activities to skilled nursing and therapist visits. Since primary insurance policies only cover expenses for short-term care, some people choose to purchase long-term care insurance as well. When choosing a long-term care policy, it is important to consider a few key factors, including your age and health, cost of premiums and your finances (income, savings, investments and taxes).

Life Insurance

In the unfortunate circumstance that you or a family member pass away, whether suddenly or expected, life insurance can help provide for those who count on you financially. When you purchase life insurance, you gain peace of mind, knowing you have taken care of your loved ones. The money from your life insurance policy can be used in a variety of ways, including paying for final expenses, helping replace lost income, covering debts, paying a mortgage and even to funding a child’s education. Depending on your current and future needs, you can choose from a Term policy (that is for a set number of years), Whole Life (coverage lasts a lifetime) or Universal Life (offers flexibility and lifetime protection).

Hospital Indemnity

Even with a top-of-the-line primary insurance plan, you can still incur expenses when you have a stay at the hospital, and those expenses can add up. Hospital Indemnity plans offer additional coverage that help pay for hospital stays, outpatient surgery, ICU stays, skilled nursing facility care, or they can be used to cover out-of-pocket expenses related to travel and lodging for family, hospital incidentals, and other personal home expenses (lawn maintenance, pet care, etc.)incurred as a result of being in the hospital.

Disability Insurance

It is always important to be prepared for the unexpected, and we help our clients choose the best disability coverage for their needs. In the event that you are injured, have an illness, physical, or psychological impairment, disability coverage insures that you will still have an income even during the period in which you are unable to work. The types of disability insurance include paid sick leave, short-term disability (STD) and long-term disability (LTD).

Providers We Represent:

BlueCross BlueShield of North Carolina
HealthTeam Advantage
UnitedHealthCare
Humana
Mutual of Omaha
Mass Mutual
Lincoln Financial Group
Transamerica
Foresters
Western Reserve Life (WRL)
Guarantee Trust Life Insurance Co. (GTL)

Confused About Medicare?
We Can Help.

Are you turning 65 soon and have been inundated with mailings from insurance companies offering different Medicare supplements? Or are you dissatisfied with the solution you have chosen? There is no need to worry anymore; we understand that the information can be overwhelming. Piedmont Insurance Agency is here to help you navigate through the options, as we represent the major providers of Medicare Supplements and Advantage Plans. We will listen to your unique needs and find the best, most cost effective solution for those needs.

Please contact us at 336.441.1161 for more information, or to schedule an appointment and we will conquer this Medicare maze together.