Steering through Medicare can seem impossible.
Open Enrollments, Donut Holes, Advantage
All of those alphabet letters!
What are the options? Where to begin?
Building a Medicare plan to fit your needs is no small task. It is essential to make sure your health care strategy complements your Retirement Income Strategy. Decisions need to be made as to whether health care costs should be weighted more toward premium (regular expenses) or out of pocket costs (irregular expenses).
START BY KNOWING YOUR OPTIONS
We begin by educating on the four different parts of Medicare (A, B, C, D). You will learn how they work and which parts can be used in conjunction with others. You will also gain an understanding of how options during Open Enrollment and Initial Election Periods differ from options during the Annual Election Periods. Understandably, many Medicare Beneficiaries misunderstand these periods and believe health conditions can never restrict the option of switching coverage. We take pride in educating clients, so you can have peace of mind on the options you are choosing are being chosen at the correct time.
NEXT, CUSTOMIZE YOUR COVERAGE
There are dozens of insurance options available for Medicare Beneficiaries. How healthy do you feel? What do you feel your life expectancy is? Do you plan on traveling? Moving? How stable are your retirement cash flows and savings? These are some of the questions we will ask to help build a Medicare plan that is customized to meet your healthcare needs through retirement.
FINALLY, CREATE AN ONGOING RELATIONSHIP IN A PROGRAM FILLED WITH CHANGE
While some components of your Medicare plan will be set in place for the long-run, other aspects may be addressed annually. Medicare has annual changes in premiums, deductibles, co-pays, and subsidies. Occasionally, there are also changes on a larger scale, such as the creation of Medicare Parts C and D in 2006. Every September our clients receive our newsletter and Medicare review form, allowing annual review of plans.