Robert Reed, Medicare Insurance Agent

Answer: So the question is, how can I lower my Medicare Part B premium if my income drops after retirement? Well, you have a few options, but one option could be to find a plan that offers a Part B premium give back. This is where the plan will actually put money back on your Social Security to help mitigate those costs of your Part B premium.

Answer: For seniors who are feeling overwhelmed with all the Medicare options that are available I would recommend that they contact a local insurance professional, who can simplify all of the information and distill it down to shorten the learning curve while having a local resource to answer further questions

Answer: There are three enrollment periods throughout a calendar year. There is AEP which is the annual enrollment period where you can make any changes you like between October 15 and December 31. Next is the open enrollment period or OEP in which you can make one change to your plan from January 1 to March 31. And finally there is SEP which is a special election period which means you can make a change to your plan if you have a qualifying event such as a qualifying chronic condition or you moved to another service area, for example.

Answer: So the question is how can you know if a Medicare Advantage plan's benefits are legit? Well, I will remind you that Medicare Advantage plans are approved by the county. So my advice to you would be to speak to a local agent in your area. Tell him the plan that you saw advertised. He can look up the plan that is for your area and tell you if those benefits actually apply to you. It's really only a phone call away. Hope this helps!

Answer: As long as an adult child has a legal medical power of attorney they are free to work with an agent on the behalf of a Medicare recipient

Answer: Telemedicine has helped enhance personalized healthcare by making council from a doctor Moore convenient. It allows patients to speak to their doctor from the comfort of their own home rather than sitting in waiting rooms for extended periods of time.

Answer: The most cost-effective way for a healthy 65 year old Medicare recipient is to get on a Medicare advantage HMO. By doing so the co-pays are the most cost efficient. Specialist co-pays are also less expensive. While overall coinsurance is also affordable. Along with complete coverage a Medicare advantage HMO could offer comprehensive extra benefits such as dental vision and hearing benefits.

Answer: I would recommend Medicare advantage over original Medicare because original Medicare leaves the recipient exposed to 20% of all costs as it pertains to doctors and hospitals. Also, there are deductibles that need to be met and Medicare does nothing to help cover the cost of prescription drugs. Medicare advantage helps in all of those instances

Answer: Not quite. You would have to be disabled for at least two years and receiving SSDI then at that point, you can’t apply for Medicare parts A and B

Answer: If you have Medicare‘s with parts an and B then you are exposed to 20% of all cost. Medicare part A and part B only covers 80% of the expense for doctors and hospitals.

Answer: According to the latest data about $5.3 trillion is spent each year on healthcare and that represents roughly $15,000 per person.

Answer: The optimal time to prepare for AEP is between 30 and 90 days before October. From an agent perspective, they must prepare for retail locations and sales events to advertise for those events.

Answer: If you have both Medicare and Medicaid, then you are already have a higher form of LIS or extra help. Meaning since you have Medicaid, then your part B premium is already paid for and your drugs. Co-pays are significantly less expensive.

Answer: You would a personal agent who is local rather than a faceless, impersonal agent over the who may not be familiar with the doctors or specialists in your area

Answer: Guaranteed issue (GI) for Medicare Supplement (Medigap) insurance is a right allowing you to purchase certain plans without medical underwriting, meaning insurers cannot deny coverage, charge higher premiums due to pre-existing conditions, or impose waiting periods. It applies during specific, often involuntary, life changes—such as losing employer coverage, moving, or a Medicare Advantage plan leaving the area—typically within a 63-day window