Medicare Portland Oregon in 2020 and 2021: The Popular Trends vs. Doing What is Best for You.

medicare portland oregon

Medicare Portland Oregon

About Westfall Insurance

Westfall insurance is physically located in Portland Oregon. However, I turned Westfall Insurance into a company that operates virtually in many different states around the country. As of right now these states include: Oregon, Washington, California, Arizona, Texas, Florida, Illinois, Michigan, Iowa, Oklahoma, and South Carolina. 

Early in 2019 I decided to move the business to a remote model because of the growing Trend to do things online and over the phone. When coronavirus hit early this year, it was the move online that kept the business alive, and I am so grateful for that. I published my first book at the end of 2019 which became a major hit when agents and brokers were forced to innovate to keep their practice alive,  How to be a Digital Insurance Agent: Join the New Era of Life and Health Insurance Agents Working Remotely became a best seller on Amazon and climbed all the way up to number 2 just behind Suze Orman. 

Westfall Insurance specializes in retirement planning. our slogan that we have adopted is “Retire Fearlessly”. One thing that seniors are very very afraid of, is running out of money during retirement. Medicare plays a huge role in Saving seniors money on health-related expenses. Health emergencies are the number one cause of bankruptcy in the United States. Along with providing Medicare education and Enrollment Services, Westfall insurance also specializes in annuities, long term care and life insurance.

Even though I moved the business to an online remote model, I have had a change of heart and the Corona virus taught me that I actually miss meeting clients face to face because I am a social creature just like the rest of us whether we like to admit it or not. I do provide face-to-face meetings for clients and prospective clients located in the Portland metro area. As Westfall Insurance continues to expand into more States and hire more retirement specialists, we will be able to provide virtual meetings and more face-to-face meetings.

Medicare Oregon vs Medicare Portland Oregon

Oregon as a whole, has one of the highest Medicare Advantage enrollment rates in the entire United States. One reason for this is because the bulk of Oregon residents live in the Portland metro area. The common Trend in most urban areas is for people to enroll in Medicare Advantage. As of 2019, 46% of Medicare enrollees in the state of Oregon where enrolled in Medicare Advantage, And the percentage is climbing every year. We typically see people with lower incomes enrolling in Medicare Advantage plans as opposed to the original Medicare and Medicare supplement package.

The general advice most agents will give around the United States is to enroll in a Medicare supplement and a stand-alone Medicare prescription drug plan. There are a few reasons for this.

  1. Medicare supplement plans when used in combination with original Medicare, allow  beneficiaries to get medical treatment without network restrictions. 
  2. Many of these agents are not licensed to educate and enroll beneficiaries in Medicare Advantage plans.

Medicare Oregon Providers

Medicare Advantage plans are very competitive in the Medicare Portland Oregon landscape. This state has just about all of the top carriers available. These carriers include: United Health Care, Regence Blue Cross, Humana, Aetna, Kaiser, and Providence.

Looking through the plans that are available at a $0 Premium cost to many Oregonians,, it is not hard to understand why the trend of Medicare Advantage enrollments is increasing every year. Many of these plants have huge Networks, basic dental and vision coverage, and even gym memberships. 

There are areas of Oregon  that do not even have any Medicare Advantage plans available, so the beneficiaries must enroll in original Medicare and it would be wise to pick up a Medicare Supplement Plan with a stand-alone prescription drug plan. I have also noticed that the cost of Medicare supplement plans in Oregon is very high when compared to more rural States like Iowa and Oklahoma. This is probably another reason why many Oregonians are signing up for Medicare Advantage. 

I do not see the trend of more Advantage enrollments for Medicare Portland Oregon Slowing down as the plans continue to get more and more competitive, and the supplement plans continue to get more and more expensive. Rural areas for Medicare Oregon may not see much of an increase in Medicare Advantage enrollments simply because the network and access to doctors are limited due to geography reasons.

To book and appointment with us, give us a call at 866-985-0204, or book a meeting on our calendar HERE. If you are located in the Portland, Oregon area and would like to know more about your options for Medicare Portland Oregon, we may be able to book an in person appointment. Just make sure you call ahead!

Medicare for Travelers 2020: Important Things to Know

Medicare for Travelers

Medicare for Travelers

Medicare for travelers is a very important topic to consider for those medicare beneficiaries who spend their retired life traveling the world. If you’re travelling within the United States, as I’ve mentioned in previous content, your Medicare is good anywhere in the United States as long as it’s not through a Medicare doctor who accepts Medicare for payments.


So that’s not a problem. Now, travelling outside the country is different. Medicare for travelers leaving the United States and it’s neighboring countries is often very limited. Seniors do have the option to have a Medicare supplement plan, which end up being better for out-of country kind of deals. They will cover 80 percent of the billed charges after you meet a $250 deductible. This isn’t a whole lot to meet, but always, always a good idea to look into extra coverage if you’re going to travel, especially outside the country.


Right now, I don’t think anybody’s traveling just because of the current state of affairs the country is in. But when we do get back to “normal”, Medicare for Travelers is pretty limited as far as what it can cover. When you’re overseas now, there are some U.S. territories that you are eligible for some coverage in.


Another thing to know is that Plan D, the Medicare prescription drug plan, does not work overseas. If you are needing a prescription refill, you unfortunately, are not going to be covered by your Medicare prescription drug plan. Ok, but what if you have Medicare Advantage?

By law, Medicare Advantage has to cover what original Medicare does as well. Some of these advantage plans will also cover some medical costs that occurred overseas. This is obviously dependent on who your carrier is and your plan specifics. There are some carriers out there that offer really great coverage as these plans continue to become more and more competitive.


I wouldn’t expect an extensive advantage plan that has great out of country coverage to have to be a $0 premium advantage plan. But it is something to note that there are some advantage plans out there that do have some foreign travel coverage. So if traveling is something you are considering in retirement and you want to make the best decision on your Medicare coverage, book an appointment with us! We would be happy to look into coverage options.



Thanks, guys.

Sign Up For Medicare Online in 2020: The Ugly Truth About Medicare Plans

Sign up for medicare online in 2020

Sign Up For Medicare Online 2020

We encourage beneficiaries to sign up for Medicare online in 2020, as it is the safest way to enroll in your Medicare benefits. Regardless of whether or not beneficiaries decide to enroll in Original Medicare with a Standalone Part D Drug Plan and a Medicare Supplement, or they decide to go with a Medicare Advantage plan, beneficiaries must enroll in Medicare Part B through the Social Security Website.

Currently there are 3 ways Medicare eligible Americans can enroll in their part b coverage.

  1. In Person At your Local Social Security Office
  2. By Calling 1 (800) 772-1213 Monday Through Friday Business Hours
  3. Online in less than 10 minutes by going HERE

 

Covid-19 has certainly played a major role in the way society interacts with each other. Going in person to a social security office is most likely inconvenient for most people to have to leave their house to go to a government building, especially when seniors 65 and above are the most at risk during this pandemic.

Calling the Social Security number is like calling the IRS. You will talk to somebody, but you might be on hold for hours!

Enrolling in Medicare part b online in 2020 is 100% the easiest way to enroll in coverage. It takes less than 10 minutes to register, and they even have a step by step guide on how to enroll HERE.

The next step to choosing your medicare coverage is to talk with a Medicare Specialist who can help you navigate through all the choices available to you to pick the plan that best fits your individual needs.

However, it is never a bad idea to check out rates and plans before meeting with your Medicare Advisor. In fact, we encourage it! You can see a list of some of the more popular Advantage, Supplement and Part D Plans Available in your area through our Medicareful Tool!

Things aren’t always as they seem. And if you do rush this and you don’t do it right,. There are financial consequences that could come about if you aren’t savvy about how you navigate the enrollment process.

So my best advice would be, you know, you can do it through here and our team would love to help..A simple link to a website where you can go check some rates in your area, might not have exactly what you’re looking for. We might not be in your area yet, but we have connections in your area that would be able to help you out there, people that we fully trust and feel comfortable recommending.

 

Sign Up For Medicare Part C and D Online in 2020

 

This is where talking to a Medicare Specialist is a great idea. Everyone gets the same parts A and B, but Part C (Medicare Advantage) and Part D Prescription Drug Coverage can vary greatly.

 

What should someone get between, Original Medicare with a supplement and a Prescription Drug Plan (PDP) vs. Medicare Advantage with a Prescription Drug Plan (MAPD)?

Well, let’s start with the pros of Original Medicare:

You are not excluded to a network. So basically any doctor or hospital or professional that accepts Medicare, you have access to, no matter if you’re in your home state or if you’re anywhere else in the United States and some surrounding territories.

Original Medicare covers about 80% of your medical bills, and your medicare supplement plan is designed to help you cover most or all of the 20% out of pocket costs that a doctor may charge.

Beneficiaries will then get a Part D Prescription Drug Plan to round out their medicare benefits.

Most people who opt out of a Medicare Supplement plan during their initial medicare enrollment do so because they do not see the supplement plan as affordable, and thus they enroll in a Medicare Advantage Plan that boasts a “zero dollar” premium.

Pros of Original Medicare with a Supplement:

  1. NO NETWORK
  2. Supplement Plans That Can cover almost everything

 

Cons of Original Medicare with a Supplement:

  1. Cost of Supplement
  2. No Dental or Vision Coverage

 

The Pros of Medicare Advantage are:

  1. Many have $0 premiums
  2. Some Plans Have Free Gym Memberships
  3. Some Plans Offer Basic Dental/Vision/ and Hearing Services

 

The Cons of Medicare Advantage Plans:

  1. Limited to an HMO or PPO Network

Summary of Signing up for Medicare Online:

Sign Up For Medicare Online in 2020 through the Social Security Website

Here is a Step by Step Guide to Signing Up for Medicare

Sign up for Medicare Online in 2020 for parts C and/or D and/or Medicare Supplement using our Medicareful Tool.

For a Video on how to Sign up for Medicare Online in 2020, check out our Youtube Channel!