Business Details
Medicare Insurance Solutions in Melville, NY
Michael Horan Insurance is dedicated to helping Medicare beneficiaries navigate their health insurance options with personalized solutions. With decades of experience in the insurance industry, our team specializes in Medicare Advantage plans, Medicare Supplement policies, Part D prescription drug coverage, and final expense insurance. We prioritize individualized service, working closely with clients to compare plans from multiple carriers and identify the most suitable, affordable coverage for their unique needs.Our commitment to transparency ensures clients receive accurate information about their options, including clear explanations of plan benefits, costs, and eligibility requirements. By focusing on education and empowerment, we aim to simplify the complexities of Medicare, helping clients maximize their benefits while minimizing financial risks. Our services are available nationwide, with a particular emphasis on supporting retirees and pre-retirees in understanding and securing their healthcare future.
Services
Medicare Advantage Plans
Medicare Supplement Policies
Part D Prescription Drug Plans
Final Expense Insurance
Highlights and features
- We offer personalized Medicare plan comparisons from multiple carriers.
- Our team specializes in helping retirees minimize healthcare financial risks.
- We provide transparent explanations of complex insurance options.
- Free consultations available for nationwide Medicare beneficiaries.
- Focus on matching clients with affordable, tailored coverage solutions.
Services
Medicare Advantage Plans
We help clients compare Medicare Advantage Plans (HMO, PPO, PFFS options) that combine hospital and medical coverage with additional benefits like dental and wellness programs. Our experts explain plan networks, prescription coverage, and out-of-pocket costs to ensure informed decisions. Services include annual plan reviews and enrollment assistance for nationwide beneficiaries.
Medicare Supplement Policies
Our team assists with selecting Medicare Supplement Insurance to cover the 20% of medical costs not paid by Original Medicare. We explain plan flexibility with any Medicare-accepting provider and coordinate Part D prescription coverage. Services include cost-benefit analyses and network-independent coverage recommendations tailored to individual healthcare needs.
Part D Prescription Plans
We guide clients through Medicare Part D prescription drug plans, comparing formularies, tiers, and pharmacy networks. Our experts help avoid late enrollment penalties and optimize coverage for current medications. Services include annual formulary change notifications and assistance with exception requests for non-formulary drugs.
Final Expense Insurance
Our final expense insurance solutions protect families from out-of-pocket funeral costs averaging $8,343. We help determine appropriate coverage amounts for caskets, services, and related expenses. Services include policy comparisons for guaranteed acceptance options and simplified underwriting plans to ensure financial preparedness.
People
Michael Horan
Owner/Insurance Agent
Michael Horan specializes in Medicare insurance solutions with a focus on helping retirees navigate healthcare options. He provides personalized plan comparisons from multiple carriers to ensure affordable, comprehensive coverage tailored to individual needs.
Questions
What's the difference between Medicare Advantage and Supplement plans?
Medicare Advantage Plans (Part C) replace Original Medicare with bundled coverage through HMO/PPO networks, while Medigap Supplements cover Medicare's 20% gaps and work with any Medicare-accepting provider.
How do I qualify for Medicare prescription drug coverage?
Anyone with Medicare Part A or B can join a Part D plan. Late enrollment penalties apply if you don't sign up when first eligible unless you have creditable coverage from another source.
Can I change Medicare plans after enrollment?
Yes, you can switch Medicare Advantage or Part D plans during Annual Enrollment (Oct 15-Dec 7). Special Enrollment Periods apply for qualifying life events like moving or losing coverage.
What does final expense insurance cover?
Final expense life insurance covers funeral costs including caskets, burial services, death certificates, and related expenses averaging $8,343, preventing families from using personal savings for these costs.
How are Medicare plan costs determined?
Medicare Advantage and Part D plan premiums vary by carrier, location, and benefits. Medigap Supplement costs depend on the selected plan level (A-N) and insurance company rating method.
