Philadelphia American Life Insurance - Medicare Supplement - YouTube

I put out a lot of Medicare Supplement videos and particularly, about the

companies that offer these plans, because I want you to know about each

one, the pluses, the minuses, the pros and the cons.

But this video is going to be very exciting for me, because I'm going to

tell you about one of my favorite companies.

Probably the best company you may never have even heard of.

And that's Philadelphia American Life Insurance, or New Era Medicare

Supplement.

Now, this company is absolutely outstanding for their low premiums, and

even lower rate increases.

So stick around and learn why they're one of the best.

Now, I did mention Philadelphia American Life Insurance and New Era.

Well, the parent company is New Era.

Now, most companies have about three or four different subsidiary companies

within the family, and Philadelphia American Life Insurance happens to be

one of those under the New Era umbrella.

New Era company of the Midwest is another one.

Now, this company has been around since 1924, and new management took over in

the late 80s, headed up by one of the most brilliant men in the insurance

industry.

And that's Dr. Bill Chen. He's an actuarial expert.

And Dr. Bill Chen wants to focus his company solely on you, the clients.

And what does that mean?

Well, it means they don't pay agents a ot of commission.

In fact, they're one of the lowest commissions out of all the top companies

out there, which is why you probably never hear of New Era.

Agents don't want to write them. They don't get paid as much.

However, it's not about them, it's about you.

Now, why specifically else are they such a great company?

Well, here goes.

Some of the lowest of premiums, absolutely out of any company out there.

They also offer a household discount of 6%.

Even without the discount, they beat almost everybody wherever they are

offered, and they're offered in various states.

Quite a few, actually.

Another thing about Philadelphia American or New Era is the fact that

they have some of the lowest rate increases out of any company.

Now, why is that?

Well, I'll tell you, they don't spend a lot on advertising, if any.

You never see them anywhere.

Like I mentioned, they're the best company you'd never heard of.

So they don't spend a lot on advertising. They keep agents

commissions really, really low.

But another thing that keeps their rate increases so low is, if you're turning

65 or new to Medicare, just getting on Part B Medicare,

you can choose any Medicare Supplement Plan and company that's out there and

they have to give you the coverage.

In other words, you don't answer any medical questions.

You just sign on the dotted line say, "I want your Plan G or your Plan N," and

they say, "Welcome aboard."

If you are somebody out there who doesn't currently have New Era Medicare

Supplement or Philadelphia American, maybe you've got a different company but

you're wanting to get their low rates.

Well, we can certainly apply with them, and we should try.

You should absolutely let me check the rates for this company because they are

smoking low, and those low rate increases.

But if you want to get on with them, they'll say, "Sure."

Just like any other company, if you are switching from a Medicare Supplement

Plan to another one, you have to fill out the medical questions on their

application.

Here's where this differs, though.

New Era Philadelphia American only wants some stellar health.

You've got to have good health, no major medical conditions, depending on what it

is in the last five years.

Most companies just go back two years.

This keeps the group you are in, the risk pool, healthier,

which means less health claims, hopefully, and it does, which also means

lower rate increases every year.

If you haven't had a heart attack or stroke or cancer in the last five years,

maybe you've got some other--even some small medical conditions, that might be

okay, we'll check when we talk with you.

But if you haven't had one of those big items in the last five years,

and you were on any other company other than Philadelphia American or New Era,

you should call us right away.

Because if we can get you on with them and they're available in your state,

you will not only get some of the lowest premiums out there, but I promise you,

you will have some of the lowest rate increases.

Now, in some of my other videos, all of them, actually, I tell you that we go in

and we shop the rates for our clients every single year.

There's never a cost for our service.

We make sure when you do get a rate increase, that you're either still with

the best option, or we look at some of the other options available.

Maybe there's something lower.

I will tell you, 9 times out of 10, I've never even moving anybody from

Philadelphia American for their Medicare Supplement Plan.

We just say, "No, you got a nice low rate increase, you're still in the best

spot."

That's how good this company is.

So, give us a call today and I could certainly shop those rates for you.

Our phone number is 1-888-891-0229.

And in just a couple minutes, I'll tell you what the quotes are for Philadelphia

American or New Era.

Depending on the division they have in your state.

And hopefully, they're in your state.

And we'll check the rates against what you're paying now.

Now, we can do this for any of the Medicare Supplement Plans offered.

And they carry like most companies, the most popular.

These are of course, Medicare Plan G, Medicare Plan N and Medicare Plan F as

well.

Now, I will tell you, on an average because I've run a lot of quotes and put

a lot of people with this company.

From their Plan G rate to their Plan F rate -- that high one.

And of course, you can only move to their Plan F if you currently have a

Plan F, and that means if you were on Medicare prior to January 1 of 2020.

Anybody coming onto Medicare after that, you can't get a Plan F.

But if you're out there and you kept your Plan F, let me shop the rates.

If you're dying to keep it, I'll shop New Era's Plan F premiums for you,

Philadelphia American.

Also, we should talk about moving you to plan G because the savings is going to

be at least 30 or 40 dollars less a month in premium.

Now, with Medicare Supplement Plan G, for those of who might not know what

that covers.

It's very simple.

It covers 100% or pays 100% of the gaps of Medicare Part A and B.

These are deductibles, co-insurance, co-pays.

Anything you would have to pay that Medicare Part A and B does not pay, Plan

G pays that for you, except for one thing, and that is the Medicare Part B

deductible.

Plan G, once you pay that deductible, you will get 100% coverage from Medicare

and the Plan G.

And Philadelphia American Medicare Supplement Plan G works the same as

everybody else's, because everybody's got the same Plan G or whatever plan

letter, and they've got fantastic rates on Plan G.

Now, there's Plan N as well, which is just like Plan G.

You pay that Part B deductible, but after that you might have up to a $20

co-pay per doctor's visits.

It could be no co-pay, it could be just a little bit but never more than 20.

It just depends on what you go to the doctor for.

Another difference on Plan N is if you visit the emergency room, and you're not

admitted, it'll be a $50 co-pay.

And then one more difference on Plan N and why those premiums are lower than G

to the tune of about 25 to 30 dollars a month with Philadelphia American in most

areas, is that something called Part B Excess Charges are not covered.

Now, what are those?

Well, if your doctor doesn't accept the assigned rates for Medicare, meaning

they charge what Medicare tells them, they could charge up to 15% extra.

If you go to a doctor that does that, and it's only like 3% of all doctors in

the country that even do that, you would have to pay a percentage of that

percentage.

These are very rare. They almost never come up. I've never spoken to anybody

that's ever gotten one in over a decade in this business.

And you would just have a small amount anyway even if you ever saw one.

But Plan N is fantastic.

If you're super healthy and you know you just need outstanding coverage,

Philadelphia American Plan N is absolutely the way to go.

Your premiums will be the lowest in the country, probably.

Especially if you can maybe get a household discount, if you've got a

spouse, we can look at both of the rates for you.

But also you'll maintain nice low rate increases.

I put all my relatives in Texas where we're based, and New Era as well,

they're in Houston, we're based in Austin.

All of my relatives and friends and family who are in Texas, I'm putting

with Philadelphia American. That's how good they are.

And as the years go by, the rate increases come in, I take a look,

because I'll do that for all my clients.

And I'm very confident and happy to say you're still in the lowest premiums with

a great company.

Let's just stay healthy. And I'll keep watching it every year.

So once again, let us shop the rates for that.

I'm happy in just a couple minutes to speak with you.

But I'm telling you, this is the company.

I've been doing this a long time.

I've been a top producer of Medicare Supplements since 2008 actually, when I

got into this business.

So I've seen companies come and go and I've seen some rates skyrocket with

different companies.

And some people get stuck.

If you get a major medical condition and you can't move, you're stuck with those

high rate increases with that company.

So, I'm encouraging you, especially if you're turning 65.

And I will put a state list after this video; you'll see the states that

Medicare, or actually in the description of the video that Philadelphia American

and New Era are in.

Believe me, if you see your state on that list, give me a call right away.

I'll shop those rates for you.

Again, my phone number is 1-888-891-0229.

My name is Russell Noga, and I'm the owner of Medisupps.com.

And I look forward to speaking with you about Philadelphia American Medicare

Supplement.

It could be the best decision you ever made.