Medicare is confusing, and a lot of incorrect information about Medicare and Medicare plans gets passed around on the internet and in real life.
Our goal with all videos is to give you accurate information so you can make informed choices about your Medicare coverage.
So today, we are debunking five myths about Medicare Supplements, also known as Medigap plans.
Read MoreStarting January 1, 2022, if you are a resident of Illinois and are between the ages of 65 and 75, you may have a new annual open enrollment period when you can change your Medicare Supplement coverage without having to answer health questions.
Read MoreConfused about your Medicare coverage options? Watch our free video: How to Find the Best Medicare Coverage Without Paying More Than You Need To…
The ads on TV, radio, and online are constant during the Medicare Annual Enrollment Period from October 15 through December 7. We can’t escape hearing about new plans, new benefits, low rates, new extras.
Unfortunately, the advertising is sometimes confusing. The ads can make it sound like every single kind of Medicare Plan changes every year, and that’s just not the case.
Read MoreMedicare Supplement or Medigap Plan F has historically been one of the most popular Medigap plans available. However, it’s no longer in your best interest to enroll in a Plan F.
In this video, we’ll explain why purchasing a Medicare Supplement Plan F is a bad idea and why staying in your current Plan F, if you have one, is costing you far more money than you need to pay for comprehensive Medicare Supplement coverage.
Read MoreIn most states, once you are beyond your first six months on Medicare Part B, you usually have to answer a list of health questions and provide a list of your medications on a Medicare Supplement/Medigap application.
Then, that application is sent to an underwriter at the insurance company who determines whether or not you are eligible to purchase a Medicare Supplement. This can be a nerve-wracking experience, but it doesn’t have to be.
In this video, we’ll go through what kinds of questions are asked on Medigap applications, which medical conditions are likely to result in a denial, which medical conditions are not a problem for Medicare Supplement applications, and the situations when you don’t have to go through underwriting at all to purchase a Medigap policy.
Read MoreEvaluating your options should ideally start about 3 to 6 months before you enroll in Medicare.
I know everyone doesn’t have the luxury of that much time, but breaking the information into smaller chunks over several months makes it easier to have confidence that you’ve looked at all the possibilities and settled on the best Medicare coverage plan for you.
Read MoreWhen the phone rings, and the person calling says there are important changes to your Medicare benefits, what should you do?
Step 1: Hang up.
Step 2: Block the number.
In some cases, these calls are from criminals intent on stealing your identity.
In other cases, the calls are from less than scrupulous agents who are using the “changes to Medicare” line, or say they’re from the “Medicare help center,” or may even claim to be with a particular insurance company as a way to get a foot in your door, or a foot in your phone, in order to sell you something.
Regardless, you do not have to listen to them.
Medicare Supplements, also known as Medigap plans, provide great extra coverage for Medicare beneficiaries. But there is no one-size-fits-all Medicare Supplement.
You have to be careful when shopping for Medigap plans to be sure you purchase the best plan for your unique situation. We’re going to go through the top 5 mistakes people make when purchasing Medigap plans and how to avoid them.
Read MoreCongratulations, you’re eligible for Medicare!
Now what?
Medicare was never intended to cover all your health care costs.
What options do you have to help cover what Medicare doesn’t?
Read More