Horsey Insurance

We have a new office address, and are excited to announce that we will be officing with Fortified Elder Law. This was a strategic move to work with people that can further assist our senior clients with their estate planning needs.

The new office is located at 2711 S. Meadowbrook Ave, Springfield, MO.

https://www.mercy.net/newsroom/2024-12-03/anthem-blue-cross-and-blue-shield-and-mercy-announce-new-contrac/

Anthem Blue Cross and Blue Shield and Mercy Announce New Contract | Mercy Mercy and Anthem Blue Cross and Blue Shield in Missouri (Anthem) have reached a new multi-year agreement providing Anthem members with continued access to affordable, high-quality care at all Mercy hospitals, outpatient care centers and physician offices across Missouri.

The Medicare Annual Enrollment season is upon us!! If you, any family or friends need help navigating the upcoming changes in Medicare, we are here to help. You can call David (417-766-5090) or Susan (417-766-3203) any time, even if you just have a question.

Send a message to learn more

Inflation Reduction Act has implemented a $2,000 drug cap to Medicare enrollees. This is at a cost of 65% to insurance companies once cap is hit, compared to 25% before cap. In 2024, if a person is taking a name brand drug that retails for $800, they would be paying an average of a $45 copay, resulting in a cost of just under $1,000 on the year. With the increase cost to insurance companies, they all have been forced to go to coinsurance for name brand Rx, rather than fixed copays. So, in 2025, will pay approximately $160-$180 per month for the same Rx, and will hit the $2k cap.

Send a message to learn more

PLEASE READ:

Clarification on the Inflation Reduction Act in regards to Medicare Rx plans. There was a $2000 cap put on Rx for seniors. As a part of this program, insurance companies will be required to cover 65% of medication costs above the $2000 threshold. This increased cost to insurance companies has caused a reduction of benefits to all Medicare recipients. Plus, insurance companies providing stand alone drug plans have announced that most plans will not be paying insurance agents for new plans, with one company (Wellcare) also saying they won’t be paying renewals on existing business. A small percentage of seniors go over $2000 of Rx expense on the existing plan. Reality is that the cap will only slightly help a small percentage of Medicare recipients, but literally every Medicare recipient will be taking reduction of benefits in 2025 and insurance agents will be losing a lot of money in renewal commissions (while still servicing those policies). Politicians brag about creating the cap, but reality is the plan has literally hurt everyone associated with Medicare Plans.

To all the people that have heard the news that Mercy put out a statement saying they will not have any Anthem plans in network next year. This is not a done deal and the contract is still in negotiation. According to our reps, they feel this is just a negotiating, move by Mercy to put pressure on Anthem and their contract negotiations. Also, according to our reps, they are very confident that Mercy will be in network with Anthem next year. Stay tuned. 

We have a new website!!! Check it out.

Thanks to Josh Hill at Slingshot Creative for creating our new site.

Horsey Insurance | Horsey Insurance Dave and Susan have been our insurance agents for many years. They always give us the best deal possible on insurance every year. They are easy to work with and I would recommend them to anyone.

Medicaid redetermination is upon us. Millions of Americans will be losing Medicaid coverage. For those on Medicare and Medicaid, they will have to change their plan. For those on Medicaid only, they will need to obtain their own coverage. We are here to help with both scenarios. Contact us either via message or send us a note through our website www.horseyinsurance.com

Received notification that the current state run Medicaid expansion will be ending on April 1, 2023. This means a lot of people will be losing Medicaid coverage and will need to get their own individual or employer insurance.

We can help with this process. If you are losing coverage and/or know somone who is, please let us know and we can help set you up.

We have entered Medicare open enrollment season. Anyone that needs assistance or knows of someone that needs help, please let us know.

We represent all the companies and all the plan types, so we come up with the best solutions for each individual situation.

So far, in the first five months of the year, we have saved our clients a total of $20,633.03 in annual premiums on their Medicare Supplement plans.

And not a single client called us and asked for it, we called them to save them money.

Feels good to see the results of the work we are doing.