Flexible Funds When You Need Them
Contact Us
info@prestonsquared.com
Oregon
(503) 547-7397
4550 Kruse Way, Plaza II Suite 125
Lake Oswego, OR 97035
Washington
(360) 984-6164
4001 Main Street, Suite 322
Vancouver, WA 98663
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Medicare Plans
Original Medicare (Part A & Part B) doesn’t pay for everything. Medicare plans are offered by private insurance companies and designed to reduce your out-of-pocket costs. They can also provide additional coverage beyond Original Medicare for things like dental, vision and prescription drug coverage.
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Dental Plans
A stand-alone dental policy is a separate insurance plan just for dental coverage, purchased on its own, not bundled with health insurance.
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Hospital Indemnity
Hospital indemnity insurance is a supplemental policy that pays you cash benefits for each day you’re hospitalized, helping cover out-of-pocket costs like deductibles, copays, groceries, or childcare that your primary health insurance might not.
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Life Insurance Plans
Life insurance provides a tax-free lump sum of money to loved ones in the event of death, allowing them financial protection and the ability to maintain their standard of living as they continue toward their financial goals. It’s a value asset that gives peace of mind that they’ll be taken care of.
Reimbursement for Hospitalizations
Hospital indemnity plans work alongside your main health plan, providing direct payments (often daily) for covered hospital stays, giving you flexible funds for various expenses. These plans are best suited for people with high-deductible health plans, those who want extra financial protection against unexpected hospital stays, or individuals anticipating planned procedures, like surgeries or childbirth. For those with chronic medical conditions—like cancer, diabetes, or heart disease—hospital indemnity insurance can help cover your frequent hospital visits.
How It Works
Premiums are paid monthly for the policy, which can be personally designed around the number of covered days and the daily reimbursement amount. Optional riders can also be added to cover a cancer diagnosis or medical services like ambulance rides, outpatient surgery, physical therapy or a skilled nursing stay. If you become hospitalized, the insurer will send you a cash payment, typically based on the number of days you’re confined, which can be used as needed to help you pay for the added expenses that may come while you recover.
Benefits
Hospital indemnity plans can help pay for deductibles, copays, and other costs not covered by a major medical plan. Funds can also cover household bills, childcare, transportation, or lost wages, not just medical bills. Many plans offer guaranteed acceptance for applicants within a certain age range, eliminating the need to pass health underwriting.
Frequently Asked Questions
Is there a fee for P2 services?
No, we do not charge a fee to the client for our services.
How long has P2 been offering insurance products?
P2 has over 30 years of combined industry experience.
What is the difference between a Medicare Supplement Policy and a Medicare Advantage Plan?
A Medicare Supplement policy, sometimes called “Medigap,” is a private insurance policy that can help pay for some of the health care costs that Original Medicare doesn’t cover. Medicare Advantage Plans are network-based plans offered by private insurance companies that have a contract with Medicare and provide additional benefits beyond Original Medicare like vision, hearing and dental benefits.
How do you qualify for a Medicare Advantage Plan?
You must have Original Medicare Part A and Part B, live in the plan service area and not have End-stage renal disease requiring dialysis.
Does Medicare pay for long-term care services?
No, Medicare covers medical expenses related to illness or rehabilitation. Skilled Nursing is covered by Medicare for up to 100 days if you qualify for a skilled medical need. Long-term care services involve someone needing assistance with activities of daily living such as bathing, dressing, grooming and eating.