Fran Lovelace, Medicare Insurance Agent
Fran Lovelace
Medicare Agent Licensed in NC, SC and VA
Contact Details
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Location
Summerfield, NC
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Fran Can Help With:
About Me
Hi! My name is Fran, and I am your dedicated Medicare consultant and agent. My focus is on Medicare, and I am committed to assisting you in finding the most suitable plan that aligns with your unique needs and budgetary constraints. I will tackle the challenge of sifting through plans from nationally and locally recognized companies, so you don't have to. What's more, my services are entirely free! Reach out to me today to explore your Medicare insurance options and be sure to mention that you discovered me on Medicare Agents Hub!
Q&A with Fran Lovelace
What do you like most about being a Medicare agent?
Answer: Being able to assist Medicare eligibles navigate the complex Medicare landscape. It is satisfying to know that I have helped someone choose coverage that is the best for their individual situation.
Are Medicare Advantage plans really "free," or is that just clever marketing?
Answer: Many Medicare Advantage plans do not have a monthly premium. However, you share in the costs in the form of copays or coinsurance. This is how you are able to have no or a low monthly premium.
I'm on an expensive specialty medication. Will the 2025 Part D changes help someone in my situation?
Answer: It can if you find a plan where the medication in on the plan's formulary. If it is on formulary, the maximum out of pocket is $2,000.00 in 2025.
I've been diagnosed with prediabetes. What preventive services does Medicare cover to help prevent progression to type 2 diabetes?
Answer: Abdominal aortic aneurysm screenings
Alcohol misuse screenings & counseling
Blood-based biomarker tests
Bone mass measurements
Cardiovascular disease screenings
Cardiovascular disease (behavioral therapy)
Cervical & vaginal cancer screenings
Colorectal cancer screenings
Multi-target stool DNA tests
Screening barium enemas
Screening colonoscopies
Screening fecal occult blood tests
Screening flexible sigmoidoscopies
Counseling to prevent tobacco use & tobacco-caused disease
Depression screenings
Diabetes screenings
Diabetes self-management training
Glaucoma screenings
Hepatitis B shots
Hepatitis B Virus (HBV) infection screenings
Hepatitis C screening tests
HIV screenings
Lung cancer screenings
Mammograms (screening)
Medical nutrition therapy services
Medicare Diabetes Prevention Program
Obesity behavioral therapy
One-time “Welcome to Medicare” preventive visit
Pre-exposure prophylaxis (PrEP) for HIV prevention
Prostate cancer screenings
Sexually transmitted infections screenings & counseling
Shots:
COVID-19 vaccines
Flu shots
Hepatitis B shots
Pneumococcal shots
Yearly "Wellness" visit
I just got Medicare Part A, and I'm worried about hospital stays. How do I know if my overnight stay will be covered fully?
Answer: $0 for most people (because they or a spouse paid Medicare taxes long enough while working - generally at least 10 years). If you get Medicare earlier than age 65, you won’t pay a Part A premium. This is sometimes called “premium-free Part A.”
Do I qualify for premium-free Part A?
If you don’t qualify for premium-free Part A: You might be able to buy it. You’ll pay either $285 or $518 each month for Part A, depending on how long you or your spouse worked and paid Medicare taxes.
Remember:
• You also have to sign up for Part B to buy Part A. Learn more about how Medicare works.
• If you don’t buy Part A when you’re first eligible for Medicare (usually when you turn 65), you might pay a penalty. Find out more about how to avoid the Part A penalty.
Deductible $1,676 for each inpatient hospital
benefit period
, before
Original Medicare
starts to pay.
There’s no limit to the number of benefit periods you can have in a year. This means you may pay the deductible more than once in a year. How do benefit periods work?
Inpatient stay • Days 1-60: $0 after you pay your Part A deductible.
• Days 61-90: $419 each day.
• Days 91-150: $838 each day while using your 60
lifetime reserve days
.
• After day 150: You pay all costs.
What's not covered?
What will I pay if I get mental health services as an inpatient?
Skilled nursing facility stay • Days 1-20: $0.
• Days 21-100: $209.50 each day.
• Days 101 and beyond: You pay all costs.
Home health care $0 for covered home health care services.
20% of the
Medicare-approved amount
for durable medical equipment (like wheelchairs, walkers, hospital beds, and other equipment)
Hospice care $0 for covered hospice care services.
You may also pay:
• A copayment of up to $5 for each prescription drug and other similar products for pain relief and symptom control while you're at home.
What if my hospice care doesn't pay for my drug?
• 5% of the
Medicare-approved amount
for inpatient
respite care
.
What's not covered?
Don't you think Medicare's technology systems are outdated and inefficient?
Answer: I'm sure there's room for improvement, but things seem to work. Sometimes a little more slowly than I'd like, but it works.