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Posts Tagged ‘medicare 2009 deductibles and coinsurance’

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Question: Does anyone have the Mid-West Live insurance company of Tennessee?

An insurance agent sold this to my parents and I wish they put everything into layman’s term.
They bought this through a group called the Alliance for Affordable Services.
They have a $5000 deductible but the policy reads like this:
Hospital room/board has CoInsurance of 100% with Maximum up to $1000 per day.
What is Coinsurance? Do they still have to pay something after their $5000 deductible?

Thanks in advance.

Answer: YES. If the hospital is $5,000/day they’ll have to pay $4,000 per day since their policy only covers $1,000.

Tell them to find another policy. They are owned by Health Markets which used to be UICI which also owns Mega Life and NASE. The policies between Mega and Mid-West are practically identical. And if you do a search for “Nase Complaints” you’ll find plenty of reasons to get rid of the policy.

Read this page on my site…it’s mostly about NASE because they’re more well known, but I have copies of the Mid-West brochure too…

http://www.insurancepickle.com/health-insurance/nase.shtml

Bottom line is they bought a ‘hospital/surgical’ plan with very limited benefits. They didn’t buy a major medical policy. AND, most importantly for the same or less money they could have bought a much better plan.

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Genoptix to participate in Aetna’s national provider network to offer laboratory and diagnostic services

Genoptix, Inc. today announced that it will participate in Aetna’s (AET) national provider network to offer specialized laboratory and comprehensive diagnostic services designed to optimize the care of patients suffering from hematomalignancies, or cancers of the blood and bone marrow, including leukemia and lymphoma.

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