Please replace the release dated February 14, 2022 with the following corrected version due to revisions to the second paragraph below the heading, "Primary Physician Care the Way It Should Be". The corrected press release is below:
ENCINO, CALIFORNIA / ACCESSWIRE / February 17, 2022 / Premium Choice, an innovative online insurance agency, offers seniors the first one-stop marketplace for their healthcare and life insurance needs along with access to quality primary care physician (PCP) and pharmacy services. We are changing the healthcare paradigm by putting seniors first. Our goal is to provide the best products, the best physicians, and medication access to seniors nationwide.
Formed in 2020, in only two short years, Premium Choice has signed more than 120 licensed agents across the country who are ready to serve our customers.
Our Healthcare Insurance Products and Services
We offer seniors Premium Health Medicare Plans to enhance their Original Medicare coverage:
Medicare Advantage plans provide seniors with benefits that go beyond Original Medicare insurance, such as access to routine vision and dental, hearing and health wellness programs. According to data from the Kaiser Family Foundation, 99% of Medicare Advantage plans offer some coverage for eye exams or glasses. Ninety-seven percent cover hearing exams and hearing aids, and 94% provide dental benefits. Typically, with Original Medicare, seniors would pay for these services out of pocket unless they have other insurance.
With a Medicare Advantage plan, there are no monthly premiums as seniors pay only for the care they receive. In addition, there are no monthly premiums if they are eligible for Part B of Medicare. They also get to select a plan based on their specific needs. Copays and coinsurance are charged at the point of care, and coverage cannot be denied when patients first enroll in Medicare or during the annual enrollment period.
The popularity of Medicare Advantage is underscored by recent federal data which shows that more than 28.5 million patients are now enrolled in these types of plans. Furthermore, Medicare Advantage enrollees experience better health outcomes than their traditional Medicare counterparts. This is due in part because Medicare Advantage plans are provided by private insurers whose customers expect quality coverage benefits at competitive prices.
Premium Choice also offers Medicare Supplement (Medigap) plans to anyone enrolled in Original Medicare. These plans provide protection from costs that are not covered under traditional Medicare. These costs include Medicare copayments, coinsurance, and deductibles, for example. Some plans will also cover services that Original Medicare does not cover, such as medical care while traveling outside the United States.
In order to purchase a Medicare Supplement plan, customers must have Medicare Part A and B. They will pay a monthly premium to the private insurer for their Medicare Supplement policy. This monthly premium is in addition to the Part B premium they pay to Medicare. A Medicare Supplement policy provides coverage for one person. If the client and his or her spouse both want Medicare Supplement coverage, separate policies must be purchased. Even if they have health issues, any standardized Medical Supplement policy is guaranteed to renew as long they pay their premiums. Plus, there are no network restrictions.
All of our products are available from top-tier, financially strong and reliable insurance companies with a history of delivering excellence. Our Medicare Advantage and Medicare Supplemental plans are underwritten by healthcare industry giants including AARP, Aetna, Anthem, Humana, WellCare, Cigna, Mutual of Omaha, Prosperity Life Group, Banker's Fidelity, and United Healthcare.
In addition to Medicare Advantage and Medicare Supplement, we also offer ancillary healthcare products such as dental, vision, cancer, critical illness, and hospital indemnity plans.
Primary Physician Care the Way It Should Be
One of the biggest issues seniors have today is access to care from a reliable physician they can trust. Premium Choice has addressed this issue via our partnership with Oak Street Health. Medicare patients and adults over 65 have readily available access to friendly, quality medical care offered by primary care physicians through Oak Street Health's network.
Oak Street Health's mission is aligned with ours in offering a primary-care delivery platform that addresses today's rising costs and less-than-optimal outcomes. Unlike most primary care practices that operate under a fee-for-service model that often prioritizes patient volume over quality of care, Oak Street Health operates under a value-based managed-care model. This approach aligns the incentives of patients, providers, and payers by improving health outcomes and care quality, lowering medical costs, and enhancing a patient's healthcare experience.
Providing Better Access for Prescriptions
Premium Choice is in negotiations to partner with large, reputable pharmacy companies to ensure that our clients get and take their medications. Seniors will order and receive their medications at home via mail-order. This allows them to get their prescriptions while saving time and money. No more trips to the pharmacy and they can get an established supply so that they don't find themselves running out of essential medication. They can also register online to get refill reminders, speak with a pharmacist about any questions involving the medication, check the status of orders online or by phone, and view their prescription history.
Our Final Expense Life Insurance Designed for Seniors
Premium Choice also helps seniors take care of end-of-life expenses. Our Final Expense Life insurance policy covers funeral service costs and any other related expenses so families don't have to worry about these expenses. The policy can also be used to cover expenses such as outstanding debts or end-of-life medical care. Final Expense insurance has grown in popularity among seniors in recent years because it is affordable due to the smaller death benefit amounts compared to other Life insurance policies. It can also be purchased without a medical exam.
A Final Expense Life policy is basically Whole Life or Permanent Life insurance that provides a guaranteed death benefit unless an individual leverages or borrows against the policy. The death benefits are not taxable. The policy also builds tax-deferred cash value with premiums that are level throughout the policyholder's lifetime.
Premium Choice has partnered with several strong insurers to provide seniors with Final Expense Life insurance plan options. Our insurer partners include American-Amicable, Americo, Occidental Life Insurance Company of North Carolina, Pioneer American Insurance Company, and Prosperity Life Group.
Make Premium Choice Your Choice
Premium Choice is changing the healthcare experience for seniors, providing better health services, better physician care, and more options. We're also providing insurance agents throughout the country an opportunity to join us in transforming the healthcare landscape for seniors. Agents gain new business opportunities and happier customers who remain loyal year after year.
Premium Choice Insurance
SOURCE: Brycen Millett