Medicare Advantage, often colloquially referred to as just ‘Medicare,’ is a topic rife with misinformation, misconceptions, and fear-mongering. Some of this misinformation is fueled by political agendas, while other aspects are propagated by individuals or entities with vested interests in promoting Medigap or Medicare Supplement plans. In this article, we’ll
Why are Medicare Advantage Plans Called Bad? Just yesterday I sat down with a couple to help explore options. Both were on different variations of a group Blue Cross Blue Shield plan through their employer. Like every client consultation, my goal is to find out what they know and
Home Health Care Industry Impacting Solvency of Medicare By January 1, 2023, Medicare Advantage had reached 52% of Medicare eligibles. This program has become an overwhelming success. Like anything new and revolutionary, there have been bumps in the road, but the popularity of this program in insurance carriers (also known
In the intricate landscape of retirement planning, one factor often looms large and unexpectedly: medical expenses. Our healthcare needs inevitably increase as we age, often leading to unexpected costs that can significantly affect our financial stability. Yet, how often do we incorporate medical expenses and retirement planning into the same
What Is the Most Common Medigap Plan? One option Medicare beneficiaries have to complete their health insurance coverage is a Medigap plan. Medigap plans are great choices for those who are looking for predictable, comprehensive coverage. But it’s not quite that simple. Even once you decide you’d like to enroll
The confusion continues in the Medicare world. Consumers at a rate of over 10,000 a day agent into Medicare and are bewildered at the options they face. In this article I aim to clear some mud related to some pieces of advice that are given out by people who might
