Crossroads Health Retirement Insurance Service Team
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FRIENDLY CUSTOMER SERVICE
At Ott and Holmes, LLC you are always met with a smile.
MEDICARE MAZE...MADE EASY SHOP HERE
We understand that making decisions at this crossroad in your life can be quite confusing and frustrating.
We can eliminate that frustration by searching all the plans for you since we represent them all.
Option ONE
MEDICARE SUPPLEMENT
- Federally Standardized Medigap Plans offered in all states and in DC.
- There are 8 plans A-N offered in most states.
- All Policies Offer the same basic benefits..
These plans are best whenever you :
- Want to budget Medical Costs
- Travel and may need to see a doctor away from home.
- See any doctor or specialist, no referrals
- Plans help pay some of the other healthcare costs that Medicare does not pay such as; deductibles, coinsurance and/or copayments.
- You can keep it as long as you pay your premiums on time they are GUARANTEED RENEWABLE!
- In addition to the premium you must purchase an RX Part D Plan with this plan to cover your medication expenses
- Option TWO
MEDICARE ADVANTAGE
- PART C replaces A&B and can include Part D.
- They have PPO (Preferred Provider Organizations) or HMO (Home Maintenance Organizations)
- Usually one or more plans are available in a county.
- Usually has Copays
- Includes a Maximum Out of Pocket Maximum
- Some plans offer extra services such as Dental, Hearing, Vision, OTC (over the counter) Benefits and more already included in the plan.
These plans are best whenever you :
- Want to pay a lower or zero premium
- Can be used as a back up plan for VA services
- Like the network of doctors on plan
- If you are on low-income subsidy for Medicare.
- If you need coverage for Dental, Hearing or Vision
Do you know what benefits you qualify for?
LIS = Low Income Subsidy Means ~ Extra Help
QMB = Qualified Medicare Beneficiary
SLMB = Specified Low Income Medicare Beneficiary Note* Qualified Medicare Beneficiary (QMB): Pays for Medicare Parts A and B premiums. Specified Low-income Medicare Beneficiary (SLMB): Pays for Medicare Part B premium.
FBDE= Full Benefit Dual Eligible
Means ~ You Qualify for Both
RETIREE* or UNION PLANS
Must ASK questions to determine what coverage is best:
- Does the plan have any copays and deductibles ?
- Does the plan include a drug plan?
- Ask IF you opt out, can you opt back in later?
- How much does the plan cost?
- Does the plan include Dental, Vision or Hearing Coverage?
NOTE:
Retiree coverage is NOT creditable coverage IF delaying enrollment into PART B
PART D
PRESCRIPTION DRUGS
- Prices Vary by plan
- Included with some retirement plans
- Late enrollment penalties may be imposed
- VETS are NOT required to enroll, but may choose to do so.
- Premiums are based on Income
- In 2021 your coverage gap begins when you and your drug plan spends $4,130
- From $4,131 to $6,550 you pay 25% of GENERIC drugs; 25% of BRAND-NAME drugs, but 95% counts toward you OPE (out-of-pocket expense)
- Catastrophic coverage applies after $6,550
ANNUITIES
We Offer Several Types of Annuities
- Single Premium Deferred Annuities
- Flexible Premium Deferred Annuities
- Immediate Annuities
- Index Annuities
- Multi -Year Guarantee Annuities
We Do Rollovers and Transfers for the following:
- Qualified Monies - meaning TAXES have NOT been paid.
- IRA (Individual Retirement Accounts)
- 401k Plans
- 403b Plans
- Non Qualified Money- meaning TAXES has been paid .
- Certificate of Deposits
Want to Jump Start Yor Savings and Retirement?
- We can offer you up to 10% GUARANTEED upfront on your principle on day ONE from age 0-70 for the first year. Plus you will get the current interest rate too.
- We can offer you up to 5% GUARANTEED upfront on your principle on day ONE from age 0-80 for the first year. Plus you will get the current interest rate too.
- We can offer you up to 3.5% GUARANTEED upfront on your principle on day ONE from age 81-85 for the first year. Plus you will get the current interest rate too.
You Choose The Term That is Best for You.
We have the following:
- Two years
- Three years
- Five Years
- Seven Years
- Ten Years
- Fourteen Years
- Note that the 7,10, and 14 year plans have UPFRONT BONUSES
Questions?
You have questions, we have answers! Contact us with yours today.
Contact Us
Fill out the form with any questions you have about finding the coverage that's right for you!
OTT AND HOLMES, LLC
Ott and Holmes, LLC- , 412 Highway 90 Suite #4, Bay Saint Louis, Mississippi 39520, United States
Hours
Monday - Friday: 9am - 6pm
Saturday: 10am - 2pm
Sunday: Closed
