Karri Todd, Medicare Insurance Broker
Karri Todd
MediKarri
Medicare Broker Licensed in MD, DE, OH and VA
Contact Details
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Location
East New Market, MD
About Me
Specializing in Medicare health insurance. Licensed for 30 years
Q&A with Karri Todd
I went with Medigap because I travel a lot, but now I'm paying a fortune in premiums. Did I make a mistake?
Answer: No! Each person is different but premiums increase as you age. More difficult to change medigap plans as are underwritten!
My friend lives in a different city and has a much more detailed Medicare plan. Is their plan dependent on their location?
Answer: Yes! Driven by primary address. State related! Every state is different as Medicare is federal and insurance governed by states.
Why am I paying more for Medicare Part B and D than my friends? What is IRMAA and how is it calculated?
Answer: Income related monthly adjusted amount! Talk to your financial planner or social security office! Best wishes to you!
I worked for the federal government for 30 years and took early retirement. How does my federal retirement affect my Medicare options?
Answer: 65 is Medicare age. Early prior to that age you will have to see how benefits are handled. Taking retirement early does not mean Medicare is early.
My Medicare Advantage plan listed my doctor, but now they say he's out of network. How is that even allowed?
Answer: MCO are advantage plans which is managed care organizations. This is to prevent fraud. Guessing you took an HMO plan. Must use network doctors or balance billed for PPO plans. HMO is health maintenance organizations which started in the 80’s. MCO’s are to prevent fraud waste and abuse.
Will Medicare cover the cost of Medicare treatment?
Answer: If expense is approved coverage under Medicare will be invoiced but the individual medigap or advantage plan picks up based on Medicare approved expense. Typically Medicare part B is 80/20 so there are costs involved in addition to current part b monthly premium.
I just moved to a new state. Do I need to do anything with my Medicare coverage?
Answer: If you were on a Medicare advantage plan yes. If u have medigap, no. Just call and change your address. Contact part D plan to see if it is accepted in new area and if it is, change your address.