George Watson, Medicare Insurance Agent
George Watson
Watson Retirement Servies
Medicare Agent Licensed in CT, NY and VA
Contact Details
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Location
Wallingford, CT
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Phone
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Website
About Me
At Watson Retirement Services, I help Connecticut residents make confident decisions about their financial future. As an independent broker, I provide clear, personalized guidance on Medicare, life insurance, retirement planning, and long-term care. My goal is to simplify the process and ensure every client feels secure, informed, and supported at every stage of life.
Q&A with George Watson
How will the new 2025 Medicare Part D out-of-pocket cap impact seniors and prescription drug costs?
Answer: The 2025 Part D changes were significant. For the first time, out-of-pocket costs for covered Part D drugs were capped at $2,000 for the year, which can provide substantial savings for people taking expensive medications. But how much someone actually benefits still depends heavily on their medications and the specific plan they choose.
My income fluctuates significantly year to year from investment distributions. How can I avoid IRMAA surcharges when I have an unusually high-income year?
Answer: IRMAA can sometimes be managed with the right income and distribution planning, especially when your income fluctuates. The key is understanding what counts toward IRMAA and when that income is recognized. There may be strategies available depending on your specific situation.
What are the reasons why I should work with a Medicare agent?
Answer: A good Medicare agent can help you understand the differences between your options, compare plans available in your area, and make sure your coverage fits your doctors, prescriptions, budget, and lifestyle.
The bigger reason, though, is that Medicare isn’t always “set it and forget it.” Plans, costs, benefits, and personal circumstances can change over time. Having someone who understands Medicare and can review those changes with you can be extremely valuable.
A lot of people don’t realize what they may be overlooking until someone actually reviews their current coverage with them.
I went with Medigap because I travel a lot, but now I'm paying a fortune in premiums. Did I make a mistake?
Answer: Not necessarily. Medigap can be a great fit for someone who travels frequently, but traveling alone doesn’t automatically mean it’s the best or most cost-effective option.
There may be other ways to get the coverage and flexibility you’re looking for without paying as much in monthly premiums. The important part is looking at what you’re paying now, how you actually use your coverage, and what options are available where you live.