Here are some examples of frequently asked questions regarding some of the services, products and packages that Insurance Warehouse offers.
Independent Agents can more easily work for you
An independent agent isn’t tied down to just one insurance provider. This allows the insurance agent to freely explore other providers and coverage options to get the lowest cost and the best protection for you, your family or your corporation.
Independent agents know you best
An independent agent is local, living in your area. They are a part of your community and face the same needs and concerns that you do. This allows them to provide the best for your insurance needs.
Independent Agents are more flexible and available.
When your insurance needs change, an independent agent can help adjust your coverages or change them altogether to fit your changing life, your growing family or your growing business. Get all the best plans, options and prices with one agent who is devoted to providing you the best you can get.
A copay is usually a set dollar amount paid to a doctor, specialist, etc. for a service. Whereas, co insurance is a percentage i.e. 10, 20, 30, percent of the bill per visit or service.
Most plans are either PPO (preferred provider organization) or HMO (health maintenance organization). PPO’s generally use a network of doctors, specialists, hospitals, etc, but you can see providers out of network, usually at a higher cost to you. HMO’s use network providers and require referrals from a primary care physician and do not cover out of network unless it is an emergency or urgent situation.
This refers to medicare prescription drug coverage or part D drug coverage. The doughnut hole or gap is reached when a person’s drug coverage limit $2850, total prescription costs have been exceeded, at which point the cost of prescriptions will increase to 47.5% for name brand medications and 72% of the drug cost for generics until the true out of pocket of $4550 is met.
We appreciate your concerns, your needs, and your questions. We’d be happy to help you make the best decisions, get the best service, and get the tailored insurance packages that are best for you.