Jun 9, 2021
Have you thought about which Medicare plan is best for you? What are you waiting for? Don’t wait until the last minute to understand your options! Here to help us navigate the complexities of Medicare is our returning guest, Danielle Kunkle Roberts.
Danielle co-founded Boomer Benefits in 2005 in Fort Worth, TX. Boomer Benefits is an award-winning insurance agency for national insurance carriers such as Blue Cross Blue Shield, Aetna, Cigna, Mutual of Omaha, and many other A-rated carriers. Danielle and her team are licensed in 48 states. To help us better understand Medicare, Danielle has agreed to join me for a three-part interview as we dive into Medicare and explain how to get this massive government program to work for you.
From explaining how the Zero cost Medicare programs work to breaking down the differences between Medigap Insurance and Medicare Advantage, Danielle has you covered. Make sure to have pen and paper handy for this informative episode, you don’t want to miss it!
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You will want to hear this episode if you are interested in...
- Danielle joins me to discuss Medigap Insurance and Medicare Advantage [0:50]
- How retiree health insurance can help cover costs [4:00]
- Medigap Insurance vs. Medicare Advantage [6:00]
- Navigating the 10 different Medigap plans [10:30]
- How to avoid getting confused by the different rates for the same plans [13:45]
- Finding the right carrier for your needs [16:00]
- ZERO cost Medicare plans? Are they worth it? [18:00]
- How to get Dental and Vision coverage [22:00]
- Closing thoughts and how to get a FREE copy of Danielle’s book [24:30]
Medigap Insurance vs. Medicare Advantage
As we have covered before, Medicare (Part A and Part B) covers most healthcare expenses but it doesn’t cover everything. Even with covered health-cares services, consumers like you are still responsible for a number of copayments and deductibles, which can easily add up.
This is where Medigap Insurance and Medicare Advantage come in.
To avoid these out-of-pocket costs, many people with Medicare enroll in two types of plans to cover these gaps in coverage. There are two options commonly used to replace or supplement Medicare Parts A and B.
- Medicare Advantage plans. Medicare Advantage plans are an alternative to Medicare Parts A and B. If you enroll in a Medicare Advantage plan, you’re still in the Medicare program. However, you’ll get your Medicare benefits through your Medicare Advantage plan, instead of through the federally administered program.
- Medicare Supplement (or Medigap) insurance plans. Medigap is a type of health insurance that offers additional coverage for normal Medicare plans. It helps fill in the “gaps” in normal Medicare coverage by helping you pay for out-of-pocket costs.
To hear Danielle expand on the difference between these two options and what savvy consumers like you can do to make the best possible choice, make sure to listen to this episode!
Don’t forget to check out the links below to dig deeper into this topic and learn more from Danielle. Her book is another fantastic resource that belongs on your shelf get your FREE copy today!
Resources Mentioned on This Episode
- https://boomerbenefits.com/
- https://www.facebook.com/groups/BoomerBenefits/
- https://boomerbenefits.com/medicare-for-fehb-va-tricare-webinar/
- www.medicare.gov
- https://www.amazon.com/Costly-Medicare-Mistakes-Cant-Afford-ebook/dp/B08GL4FSWC
- Medicare Easy Pay