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October 24, 2024 36 mins

Medicare Open Enrollment is upon us! Running from October 15th to December 7th, this window allows you to make important changes to your healthcare coverage. So, what should you be on the lookout for and what mistakes should you avoid during this time?

Today, we’re excited to welcome the one and only Ray Martin, the owner of Martin & Associates Insurance Services in Irvine, California. who will help us navigate this process. He is the author of The Nuts & Bolts of Original Medicare, Medicare Advantage and Medicare Supplement Insurance, and is a true expert in the field. Tune in as he walks us through the ABCs of Medicare and shares valuable tips for making informed choices.

 

Here’s some of what we discuss in this episode:

  • What is Medicare Open Enrollment season and how does it affect most seniors?
  • Changes in Medicare advertising regulations
  • The difference between Medicare Advantage and traditional Medicare plans
  • Benefit changes in Medicare Advantage and Part D plans due to the Inflation Reduction Act
  • The impact of IRMAA on seniors and the potential for increased costs
  • Key mistakes to avoid during Open Enrollment

 

Resources for this episode:

Last Medicare show –

https://doncashpodcast.com/podcast/the-abcs-of-medicare/

 

Medicare Part D –

https://www.medicare.gov/drug-coverage-part-d

 

Medicare Advantage –

https://www.medicare.gov/health-drug-plans/health-plans/your-health-plan-options

 

Medicare Plan Big Changes for 2025 –

https://www.wsj.com/health/healthcare/medicare-plans-are-making-big-changes-for-2025-heres-how-to-navigate-them-5c81fd05?st=aafBaT&reflink=desktopwebshare_permalink

 

Get in touch with Don and learn more: https://doncashpodcast.com/

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