Sandra Bailey, Medicare Insurance Broker

Answer: Medicare does not fully cover nursing home care. The alternative is long term care coverage. We can offer quotes if you’re interested. Thank you

Answer: Medicare Part B covers medical insurance including, Doctor’s services, outpatient care, many preventive services. It covers 80% & you’ll pay 20%

Answer: There are too many people in America depending on Medicare for it to run out. Yes, the US has a lot of debt and it's said by 2036 that Medicare will cover about 89% of the cost. Even with that being said, there still will be funds available.

Answer: Yes there should be! I know Medicare beneficiaries are tired of everyone calling & texting them. Please do not give everyone your Medicare #. Guard it like your Social Security # & only give it to people you know & trust.

Answer: Medicare Advantage plans include routine checkups & cleaning plus some will include extra benefits. You must use in network dentist. Please compare your original plan & services before switching

Answer: Life insurance contributes to financial planning in many ways. You're transferring your financial risk to the life insurance carrier.

1. We all know we will leave this earth one day. Life insurance is used for final expenses like burial expenses.

2. 70% of people who live to age 65 will need some form of long-term care (LTC). Some life insurance policies include living benefits for chronic, critical and terminal illness. Living benefits are benefits you can use while you're living that's included in some life insurance policies. Yes!

Chronic Illness is when you cannot perform 2 of your 6 activities of daily living. They are continence, transferring, toileting, bathing, dressing and eating.

Critical Illness includes, stroke, certain types of cancers, heart attack, kidney failure plus many other illnesses

Terminal Illness is if a medical physician say you have 12 to 24 months to live.

3. Some life insurance plans build cash value that people use to supplement their retirement.

4. If you want to leave a legacy to a loved one or charity, life insurance is perfect as the death benefit goes to your beneficiary income tax free!

Answer: If you have Medicare Advantage, you’ll want to get with an agent to get a plan for your new state. You can change now because you have a SEP(Special Enrollment Period). Which means you don’t have to wait until open enrollment. Change now to get a plan in your new state.

Answer: All Medicare Supplement plans pay the same 20% that original Medicare doesn’t pay. They all have the same annual deductible.

The only difference in plans is one may offer an additional benefit or gym membership etc that another plan may not offer. Find out if anything unique is included in the high-end plan before purchasing.

Answer: The disadvantage is making sure your doctors are in network. All physicians are not & some may start out in network & pull out of network later. There will be co-pays that you’ll need to pay & there is a max out of pocket.

Answer: I am sorry to hear that.

If you have original Medicare, it pays 80% and Medicare Supplement/Gap pays 20%. There is a $257 deductible in 2025. However, if you have cancer, there may be some out-of-pocket cost. Medicare pays for chemo but longer treatments may result in out-of-pocket costs.

If you have a Medicare Advantage plan, some doctors and hospitals may come and go out of the network, which will cause you to shop each year. Medicare Advantage plans also have deductibles, co-payments, coinsurance and maximum out-of-pocket expenses. Before changing Medicare Advantage plans, please check your specific plan for these out-of-pocket costs. Be sure you understand them so there won't be any surprises. Ask your agent or broker to review your plan in detail with you. You may also want to purchase a hospital indemnity plan to cover the hospital costs that Medicare Advantage doesn't pay.

Hope this helps.

Answer: No Medicare cannot drop you for health reasons.

However, if you have a Medicare Supplement Plan and for whatever reason, switch to a Medicare Advantage Plan, then decide you want to go back to a supplement, you may not qualify if you have health issues. You have one open enrollment for Medicare Supplement, but you can enroll in Medicare Advantage without having to qualify.