Medicare Webinar: From Deductibles to Donut Holes

Tuesday, October 17th at 3:00pm Eastern
2:00pm Central
1:00pm Mountain
12:00pm Pacific

As individuals approach the age of 65 and become eligible to enroll in Medicare, they are often confused about when to do it and in addition, surprised and overwhelmed by the choices available to them. Options are plentiful and understanding the differences between Parts A, B, C, and D and what they do and do not cover is important.

There are many nuances to the timing of enrollment and if you are unaware of them, you could end up paying more than necessary or find yourself uninsured for a period of time.

Everyone’s situation is a little different and because of that we help individuals identify when they should enroll and their individual preferences for coverage. We tend to ask our clients “When are you turning 65?, “When are you retiring?” and “What is your level of satisfaction with your current insurance plan?” in order to gain some sort of baseline. We also take into consideration who else in their family requires insurance coverage, their network of doctors, what prescription drugs they take, and their utilization of the healthcare system. These are just some of the areas that we consider.   We touch upon all these topics and many more in our webinar.

Timing of your specific enrollment is crucial to understand.  There are different windows of opportunity that you cannot miss when it comes to your Medicare enrollment.  Unfortunately, if you miss these, you could find yourself uninsured for a period of time and there could be monetary penalties that occur.

There are many misconceptions about Medicare.  For instance, many people think Medicare is free or that Medicare covers all healthcare-related costs.  Others think that the most expensive plans must be their best choice.  We will go over these and other misconceptions in further detail and help prevent you from making common mistakes with your decisions.

Unfortunately, many older adults (and the children who help them through the process), fail to reassess their specific plans and coverage on an annual basis, during Medicare Open Enrollment Season. Instead, they simply allow last year’s decisions to roll over for another year. Many of your healthcare needs change from year to year and it is important to reassess your plan options to make sure you are still in the right plan for you.

In this webinar, Dianne Savastano, President of Healthassist helps you to:

  • Realize when to enroll and when you can make a change once you are enrolled
  • Understand what traditional Medicare covers and does not cover and who pays for long term care
  • Learn the differences between Medicare Part A, B, C, D, and Medicare Supplement (Medigap) Plans
  • Identify your coverage preferences and know what all Medicare options will cost
  • Make decisions if you remain employed after the age of 65
  • Appreciate which providers participate in Medicare
  • Understand the Donut Hole
  • Understand the implications for enrollment if you currently contribute to a Health Savings Account (HSA)
  • Identify if you are eligible for Medicare if you are younger than 65

Although the topic of Medicare may not be the most exciting to you, it is to us! I hope you realize that paying close attention now to this important program is imperative, both for yourself and for anyone else you may care about who is currently enrolled, or soon to be enrolled, in Medicare.

Space is limited so please reserve your spot today!

Cost: Complimentary

Can’t make it to the live webinar? No problem, go ahead and sign up anyway. We will be recording the entire session (audio and visual) and all registered participants will receive a link to the recording and slides within 24 hours after the session is over.

All the best,