Sherri Stewart - Insurance Broker @ American Central Insurance in Tuscola

Health insurance is a product that covers your medical expenses. Like auto insurance covers your car if you get into an accident, health insurance covers you if you get sick or injured. Health insurance also covers preventive care – i.e., doctors visits and tests before you get sick. 

A Medicare Advantage plan is a plan offered by a private company that contracts with Medicare to provide Part A and Part B benefits to people with Medicare who enroll in an Advantage plan. 

Medicare Supplement (Med Sup) plans are just that, supplemental plans that work in tandem with Medicare Parts A and B. Medicare Supplements are used to cover the gaps of Parts A and B and are designed to lower out-of-pocket costs.  

 Prescription drug plans help you afford prescriptions drugs and they give you the peace of mind knowing that you won't have to choose between which prescription to fill when money gets tight. 

 Employee benefits are any form of compensation paid to employees over and above regular salary or wages. Employee benefits come in many forms and are an important part of the overall compensation package offered to employees  which may include health insurance, dental, disability, retirement, etc.

Medicare plans and major medical plans often have certain gaps that can leave retirees and their families responsible for out of pocket costs.  This can include life insurance, dental, vision, hearing, cancer plans, etc.