Jim Willis, Medicare Insurance Agent
Jim Willis
Medicare Agent Licensed in AZ
Contact Details
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Location
Fort Mohave, AZ
Jim Can Help With:
About Me
Hi! My name is Jim, 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 Jim Willis
What do you like most about being a Medicare agent?
Answer:
I like being able to find the right plan that best benefits the Client
I also use my medical knowledge to help them get the right doctor and/or procedure
Are Medicare Advantage plans really "free," or is that just clever marketing?
Answer: They’re not really free as there are copays and deductibles but they’re still cheaper than supplements in the long run
How will the Inflation Reduction Act's Medicare drug pricing changes really affect seniors?
Answer: It depends On your prescription costs.
At this point it appears to be costing most seniors more unless they have expensive drugd
For Medicare Part D, why would someone pick a plan with a high total cost?
Answer: Every plan has different coverages and a different formulary. You need to study the PDP and compare it to your prescriptions.
Most people are better off with a Medicare advantage plan covers their drugs with the plan.
I'm confused about the different tiers in Medicare Part D plans. How do they affect what I pay for my medications?
Answer: Medication’s fall into several tiers, depending on the age, commonality, patents, etc. most common medication’s, like blood pressure, meds, statins, antibiotics, and some COPD and asthma drugs, generally fall into tier one or tier 2 and will likely have very low or no co-pays.
Newer drugs, biologics and some drugs popular due to their use and success rate will generally be priced in tiers three or tier 4 and have co-pays ranging from $40 to several hundred dollars. You may be able to get a tier exception from the drug plan working with your doctor that can drop a co-pay several hundred dollars.
How can I plan for Medicare costs if I expect to need long-term custodial care in a nursing home or assisted living facility?
Answer: Generally speaking, Medicare does not cover long-term care or custodial cost.
Long-term care insurance is quite pricey if you are in your 50s or older. Talk to a Medicare agent that is also licensed to handle annuities. The agent can help you utilize your 401(k) to roll it tax free into something like an immediate annuity that would handle the payments For long-term care without losing your money.