In this episode, Aaron Sefchick and Tina Cross interview Cory Weaver of Health Markets about Medicare and insurance options for seniors. Cory shares his personal story of how he got into the insurance industry and his commitment to helping seniors navigate the complex world of Medicare. He explains the basics of Medicare, including Parts A and B, and the importance of enrolling at the right time to avoid penalties. Cory also discusses the different options for supplemental coverage, such as Medigap plans and Medicare Advantage plans. He addresses common misconceptions and myths about working with a broker and provides valuable insights for individuals approaching Medicare eligibility.
Takeaways
Enrolling in Medicare at the right time is crucial to avoid penalties.
There are two main options for supplemental coverage: Medigap plans and Medicare Advantage plans.
Working with a broker who represents multiple carriers can provide more options and unbiased advice.
Dental and vision coverage is not included in original Medicare and may require separate plans.
Part D prescription drug coverage is required and should be obtained to avoid late enrollment penalties.
Individuals with group health insurance should consider transitioning to Medicare when they turn 65, unless there are specific circumstances that make it more beneficial to stay on the group plan.
Seminars and one-on-one consultations with insurance brokers can provide valuable information and guidance for individuals approaching Medicare eligibility.
Chapters
00:00 Introduction and Background
02:25 Cory's Journey into Medicare Insurance
03:25 Understanding the Basics of Medicare
05:27 Choosing the Right Supplemental Coverage
08:43 Debunking Myths About Working with a Broker
09:41 The Importance of Part D Prescription Drug Coverage
12:36 Transitioning from Group Health Insurance to Medicare
15:23 Enrolling in Medicare and Part A Considerations
18:23 Medicare and Group Health Insurance
20:47 Signing Up for Medicare
23:07 Educating and Empowering Seniors with Medicare Seminars
25:27 Conclusion and Contact Information
https://corysinsurance.com/homepage-7846
https://thesocialcollectives.com/
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