United American Insurance Sales
Agents and broker can offer clients one of the lowest cost Medicare High Deductible F plans with a United American Insurance Sales contract. United American is named First United American Insurance in NY. UA and FUA offer Medicare Supplement plans in all 50 states including NY. They have very low rates on their high deductible F supplement making it a great product to offer clients. We provide contracts above street level to individual agents and also provide GA contracts even higher.
How High Deductible F Works
United American Insurance Sales gives agents access to High deductible F which provides full coverage after the deductible of $2,200 is met. Clients receive the full benefits of Medicare A and B. The portions of cost not covered by Medicare A and B such as a $183 part B deductible, $1,316 part A deductible and 20% coinsurance for Medicare Part B services will go toward the deductible. If the $2,200 deductible is met, the client is covered at 100%. Approved Medicare services are covered in full. The plan then acts just like a regular Medicare plan F supplement.
The 20% co-insurance not covered by part B is NOT 20% of the amount charged. It is 20% of what Medicare allows. This amount is different than what is billed by the provider. As a result, many are surprised at how much care they can receive without maxing the deductible out.
The high deductible F plan can lead to substantial savings over a normal Medicare supplement plan F when you look at the math. Premium for most Plan F plans are as much if not more than the Medicare high deductible F premium and deductible combined. As a result, if a person maxes out the high F deductible at $2,200 (level for 2017) they will stay pay about the same as they would have paid on a regular plan F. If they do not max the deductible, they will see substantial savings vs. a regular plan F.
Watch our webinar on how to use Medicare High Deductible Plan F to see more clients and make more sales
Need To Contract?
Have more questions about United American Insurance Sales? Give us a call at 203-796-5403 or email [email protected] and we can send you a contracting link. We start agents at an above street level contract of 16% and have higher levels for general agencies.
Rates and Benefits
United American insurance sales have very competitive rates in many states including NY and CT. An example is CT which has a monthly rate of $53.00 and NY which has a rate of $64 a month in NYC and Westchester county. The rate is $53 in most other counties such as Putnam, Dutchess and Ulster. Benefits are standard high F benefits. Click the links below for access to rates, benefits, brochures and applications.
Why High Deductible Plan F can be sold every time
Comparing the math of High F vs. the math of regular Medicare Plan F, will prove why every client should have a high F plan instead of plan F. We will use NY as an example.
In NY- Plan F is $269.50 a month which x 12 months equals $3,234 in annual premium. In most parts of NY the United American high F plan is $64 a month. $64 x 12= $768 in premium. If the client maxes out the $2,200 deductible, they will spend a total of $2,968 for the year which will still save them $266 for the year.
The overwhelming odds are that the client will not even hit the $2,200 deductible and will save substantial amounts of money as a result. On average, 85% of seniors age 65 to 67 spend $541 annual on part A and B cost share. 80% of seniors age 68 to 72 spend an average of $647 in cost share. Lastly, 71% of seniors age 73+ spend an average of $754 on A and B cost share.