Greensboro's Peace of Mind Insurance Agency
Barnett Smith Insurance

How does the health care reform act effect me?
BlueCross BlueShield of North Carolina has a new web site that helps to give you facts in plain english. Click here

What is a Health Savings Account (HSA)?
A Health Savings Account (HSA) is an account that works like an Individual Retirement Account (IRA), except the money saved is earmarked for future health care costs.
Anyone who buys a qualified high deductible health plan (one that meets the requirements the government has determined), with at least a $1,200 single or $2,400 family deductible, qualifies for an HSA.
The money you deposit (up to $3,100 for 2012 or $4,100 if 55 or over) into your Health Savings Account, as well as the earnings, is tax-deferred. You can withdraw money at any time to pay for qualified medical expenses, without being penalized.
You can even roll over unused balances from year to year.

Click here for more detail information on a HSA.

What is long term care insurance?

A long term care insurance policy helps cover the cost of long term care, picking up where health and disability insurance leave off. Long term care refers to help with daily activities -- such as eating, bathing or dressing -- over an extended period of time. It can also include help for those suffering from a severe cognitive impairment such as Alzheimer's disease. It is generally provided in the patient's home, an assisted living facility , or a nursing home.

What should I consider when looking at a health plan and the company that offers it?

It's about more than just the premium. When comparing health plans, assess the standard benefits that each company has to offer.
Think about if there are limits on important things, like prescription drugs and hospitalization.
Look at the available lifetime benefit maximum and how the company pays for ambulance service, which can be very expensive.
Beyond what a plan offers, you'll want to look at a company's experience and focus — since it takes a long time to become an expert at health insurance.
You'll also want to look at the company's strength and stability, so you can rest assured that a company is financially stable and will be there when you need it.

How can I help reduce the costs of my health insurance coverage?

The easiest way to reduce your costs is to buy a plan with a higher deductible. With a higher deductible, you share more of the cost of your care. But, if you don't have a need for care, the good news is you're not spending money for benefits you won't use.
In addition to choosing the right plan design, a Health Savings Account Qualified Plan( HSA ) is a terrific way to offset costs. This special type of account offers tax benefits on money put aside for future medical expenses. You enjoy tax-deductible contributions, tax-deferred interest and tax-advantaged withdrawals for qualified medical expenses.

Ph. 336.272.4554 or 1.800.253.2884
Fax. 336.274.7482

218 North Eugene Street
Greensboro, NC 27401

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Complete Protection For Your Well Being

Whether you are looking for personal health insurance or business plans with employee benefits, let us design a complete portfolio to suit your family or company needs.

Personal Health Insurance. Individual Health Insurance may offer considerable savings for you and your dependents. Contact us to help you find a plan that fits your budget and offers you the protection you need. We offer traditional plans, Health Savings Account Qualified Plans, and Short Term Plans (if you are between jobs or just graduating) and we’ll take the time to explain each one. We represent Blue Cross Blue Shield of NC.

Do You Need Travel Insurance?
Get Quotes For International Travel. Click on Block Below.

International Medical Insurance

Personal Long Term Care. Long Term Care Insurance is designed to protect your assets. With Nursing Home Care approaching $70,000 per year, this product with tax advantages, has become a critical part of anyone’s insurance and retirement portfolio. Let us shop for the best plan for you from the many companies we represent.
To find Home Health Care and Nursing Home Costs in your area, click here.

Personal Disability Insurance. We all protect our homes and autos, so protecting your income just makes sense. Loss of income due to a major medical catastrophe, even with health insurance, is one of the major causes of bankruptcies. Let us find the right plan for you.

Personal Dental Insurance. We offer dental insurance through Blue Cross Blue Shield of NC and AFLAC.

Personal Supplemental Insurance. Plans are available that protect you against specific concerns or personal high-risk health situations in your life, such as Accidents, Cancer, Stroke or Heart Attack.

Medicare Advantage Plans, Medicare Supplement Plans and Medicare Part D Prescription Drug Plans. We offer Medicare Advantage Plans, Medicare Supplemental Plans and Medicare Prescription Drug Plans through Blue Cross Blue Shield of NC.

Business Group Health Plans. As a business owner, Group Health Insurance may be one of your largest expenses. Contact us for a review of your current plans and let us help you to reduce your costs. Besides traditional plans, we offer Health Savings Plans, IRS Section 125 plans and Unreimbursed Medical Plans that not only offer tax savings to you, but to your employees as well. We also offer Group Life and Long Term Care plans and Disability Plans.

Group Dental Plans. Group Dental Plans are available through UnitedHealth Care of NC, Blue Cross Blue Shield of NC,Companion, Securian, Principal and AFLAC.

Group Vision. We offer true group vision plans, not just eye glasses discounts.

Employee Benefits. We can help you establish tax-saving employee benefit plans offering employee-paid supplemental benefits. You and your employee receive the tax advantages.

What to Do When You Have a Claim

  • If you need to file a claim on your AFLAC Supplemental policy, click below.
    Get a Claim Form