All About Medicare

Episode Transcript

Speaker 1 (00:00):
And our phone lines they are open to you right now.
Love to get your question this morning for our retirement
planning professionals from Coss Financial. We're going to be talking
this week about Medicare and some other things as well.
But keep in mind if you have a question, it
could be anything retirement related. That's a great thing about
having the folks from Coss Financial on each and every week.
It's a prime opportunity to ask any question you may

(00:21):
have and they are here to provide those answers. Again,
all I got to just pick up pone gives call
six h eight three two one thirteen ten. That's six
oh eight three two one thirteen ten. Speaking of learning
more about the folks at Coss Financial, their website, it's
a fantastic resource. Cossfinancial dot com. That's Coss Klaas Financial
dot com. Not only can you learn about Coss Financial
their separate divisions, you get to know the team there.

(00:43):
You can also sign up for the weekly market Paul's
newsletter that available to you at Cossfinancial dot com. Speak
of other things available to you as well, they're telephone
number six oh eight four four two five six three seven.
Don't forget that first appointment at cost Financial. It is complimentary.
It will be free to you again. The telephone number
four the office six O eight four four two five
six three seven. And joining us this morning are our

(01:04):
retirement planning professionals CJ. Closs and Eric Schwartz. CJ. How
you doing today?

Speaker 2 (01:09):
I'm doing great. Good morning, Sean.

Speaker 1 (01:11):
Great to talk with you.

Speaker 3 (01:12):
Eric.

Speaker 1 (01:12):
How have you been?

Speaker 4 (01:14):
Not too bad? It's a little snowy out there today,
but not too bad.

Speaker 1 (01:17):
Yeah, well it's it's a weird one. I'm so ready
for I think we all have. Of course, today is
the first day of spring. Think we're all ready for
warmer weather. And we've got an important conversation ahead, and
of course questions about medicare and exactly what it is.
And I know folks are paying a lot of attention

(01:37):
in certain areas and other folks have kind of ignored
some of it, and that's an important conversation to have.
So we'll get to that in just a moment. But
before we get to this week's topic and conversation, as
well as your call, let's actually take a look back
at last week's program. Of course, the class quiz question
a week, we do one each and every week. This
week will be no exception. We'll have your chance to
win a twenty five dollars gift card to Texas Roadhouse
provided by our friends at Coloss Financial. Little tip listen

(02:00):
close to the program. Just about every show, the question
and answer comes up during the program. And speaking of
taking a look back at last week's claus Quiz question
of the Week, Eric, let's get the question and answer
there as well.

Speaker 4 (02:12):
Absolutely so, thank you to all of our listeners last
week for tuning in, and congratulations to our winner, who
was Holly from Madison. And the question last week was
in twenty twenty five, what is the total amount that
you can contribute into your employer's retirement plan if you're
under age fifty? So the choices were twenty thousand dollars

(02:33):
or twenty three thousand, five hundred dollars and Holly knew
that the correct answer was twenty three thousand, five hundred dollars.

Speaker 1 (02:41):
Congratulations Holly. You two can be like Holly. Just be
close tench to the program again not only to get
some great information, but you got to lig up on
everybody when it comes to the class Quiz question the
week because again both the question and answer come up
during the program if you got a question speaking of
love to get you on the show this morning, gets
you on the air six eight three two one thirteen ten.
That's six eight three two one thirteen ten, Get you

(03:02):
on the air with Aeric and CJ from Class Financial.
And today we're going to be talking about Medicare. And
I've got to admit and I hear a lot about
Medicare over the years, but the political folks often are
talking about it, and of course not quite yet sixty
five and haven't paid a ton of attention, what do
what do folks need to know? Then, CJ when it
comes to Medicare.

Speaker 2 (03:24):
Yeah, you're right, Sean. You know, most of our information
about this, if we're not yet sixty five, is often
driven by what we hear through political discourse. And so unfortunately,
most of what you hear regarding Medicare from major news
outlets or even just we'll call it from political candidates
is what's wrong with the program and how it's a
large unfunded liability of the US federal government. And certainly,

(03:46):
while these conversations are interesting, and we all probably have
our own opinions about the US federal government getting involved
in providing citizens with healthcare solutions. We are going to
avoid that part of the more political political discussion for today.
So well, we understand that a lot of people have
strong opinions about that. That's not the point of our

(04:07):
discussion today. Instead, we're going to focus the remainder of
our show on explaining to how Medicare works and why
it's so important for US citizens to understand the program
as they approach sixty five. So I don't mean to
be disrespectful, but do your best to set your opinion aside,
because as it stands today, Medicare is the law of

(04:29):
the land, and so you're going to have to deal
with it whether you like it, whether you love it,
or whether you hate it. Now quick disclaimers, we start
talking about Medicare today. While many of our advisors at
Class Financial are insurance licensed, we do not currently sell
insurance products to our clients, and therefore, the good news
is because many of us are licensed, like I am,

(04:50):
I can speak to this from a position of authority
and understanding while avoiding the conflict of interest of thinking
about selling any of this stuff. Okay, let's get started
with some of the basics. You know, beginning with What
is the definition of Medicare? According to medicare dot gov,
Medicare is a federal health insurance program in the United

(05:10):
States for people sixty five or older. Simple as that,
you may be eligible to get Medicare if you have
a disability and stage renal disease or als, even if
you're not yet sixty five. Some people get Medicare automatically,
while others have to actively sign up, and it depends
on if you start getting retirement or disability benefits from

(05:33):
Social Security before you turn sixty five. Of course, many
people want to know what Social Security has to do
with Medicare, and I'll be frank with you, this can
be an area of confusion since Medicare typically becomes available
at sixty five, while Social Security can be drawn as
early as sixty two and as late as seventy or

(05:54):
somewhere in between. Those is your full retirement age between
sixty six and sixty seven. So we often run into
people saying, O, wait, wait, wait, what are you talking about.
What does me signing up for Medicare have to do
with Social Security? How to intertwined? And the reality is
they're both kind of like government managed programs that have
interactions between one another, so that's what we're referencing here.

(06:15):
They are different ages, but they have interactions. So let's
talk about those interactions. According to Medicare dot gov, if
you apply to start receiving retirement benefits from Social Security
at least four months before you turn sixty five, you
will automatically get Part A and Part B of Medicare

(06:35):
when you turn sixty five. So hear that again. If
you've already signed up to receive your soci Security retirement
benefits four months before you turn sixty five, then the
good news is it's automatic when you turn sixty five
that you're going to get Medicare Part A and Part B. Now, notably,
you will still need to make important decisions about how
you get your coverage, including adding drug coverage and supplements

(06:58):
or what are known as metagap programs that will time
talk about later. But the good news is that if
you've started Social Security, then there's an automatic feature unless
you opt out, which we're going to talk about that
in a moment. We get yeah, go ahead, you'll.

Speaker 1 (07:10):
Get to that in just a moment. A lot of
really good information from CJ and Eric. We'll continue our
conversation mention. The phone lines are open and Randy called in. Randy,
this is the first time I've seen some of these
words typed out in order like this. Hopefully this is
a unique one. Randy, welcome to the program. You have
a question for CJ and Eric.

Speaker 5 (07:30):
Yeah, I don't know if you can answer it or not.
It's regarding our real estate tax referred exchange. And what
my thought process is is I'm selling an income property
buying another property that is currently vacant but would be
producing income once I buy it and get it fixed
up and start renting it out. Would that be considered

(07:52):
a tax reford exchange because the second property is more expensive,
but it currently is not rented out. So is it
a like to like exchange?

Speaker 2 (08:01):
Oh man, such a great question, Randy. I'll give my
two cents on these answer. Yeah, no, really great question.
First off, thanks for the question, and everybody who's listening
right now, you know, be more like Randy call in
and ask these questions because I love getting stumped, and Randy,
you might have stumped me on this one. So just
to make sure everybody's on the same page, Randy is

(08:22):
talking about a ten thirty one exchange. This has to
do with real estate where you have a rental property,
you've depreciated out a bunch of your original purchase. It's
called depreciated basis, and then you don't want to necessarily
sell that and realize it's called a depreciation recapture plus
any capital gain on top of that, because there's a
lot of taxes associated, So you do a ten thirty

(08:44):
one exchange to a like property. That's what Randy is
asking about. What I'd say, Randy is, I don't know.
This is not the nuances of does it qualify for
a like to like exchange? And I think this has
to be done within like ninety days. There's a time
limit on it and there so to answer your question,
I don't know you would want to talk to your

(09:05):
CPA or accountant to see if it qualifies. But let
me pause, Eric, do you have any opinion on this?

Speaker 4 (09:12):
No, I was gonna I was gonna say the same thing.

Speaker 1 (09:14):
Uh.

Speaker 4 (09:15):
Speaking to your accounting on this is probably going to
get you the best information, especially when it comes to
the definition of what is a like property.

Speaker 1 (09:23):
That is uh, And I love these questions. I saw
I saw Randy's question pop up guys that I don't
think we've ever had anything a good one. It is
a good.

Speaker 2 (09:31):
One, don't I love that, Randy Things were smart enough
to on the fly like understand that nuance. But by
the way, I'm not making fun of you, Randy. I
love the question. It's just I'm not I could probably
look it up and get you a better definition, but
I don't know the information off the top of my head.

Speaker 1 (09:47):
Really good call, really good question. You two can be
like Randy. If you've got a question for CJ and Eric,
we'd love to have you joined us this morning. Telephen
number six of eight three two one thirteen ten. That's
six O eight three two one thirteen ten. We are
talking this week about Medicare. If you've got a question
about anything, though, you can definitely join the program and
talk about some interesting stuff there. As we're hearing CJ

(10:08):
talk a little bit about some of the some of
the numbers and some of the ages. You know, kind
of have that basic understanding as well of what Medicare
is and what age people are typically eligible. Let's talk
about some kind of a better understanding of some of
those core components of Medicare, and it'll put that to.

Speaker 4 (10:24):
Eric, absolutely, So let's kind of start at the beginning.
It's something CJ just touched on, but I want to
really drive home. So to become eligible for Medicare, you
basically there's basically four ways that we that we see
when we're working with folks. So by far the most

(10:45):
common is reaching age sixty five, so talking to retirees
are soon to be retirees age sixty five is kind
of like the promised Land. They want to get to
that affordable health insurance. The other way you can qualify
is by being disabled and receiving Social Security Disability insurance payments.

(11:06):
And then the final two ways that CJ also mentioned
earlier are if you have end stage renal disease or
if you have als. So, in addition to the list
of kind of how you become eligible for Medicare, you
must also generally be a US citizen or a lawfully
admitted permanent resident who's lived in the US for at
least five years. And then beyond that, if you ander

(11:29):
your spouse have worked and paid Medicare taxes for a
certain amount of time, usually ten years, you'll likely qualify
for a premium free Medicare Part A, which is which
is your hospital insurance?

Speaker 1 (11:42):
Talking this morning with CJ. Closs and Eric Swartz. Fantastic
information from our retirement planning professionals. If you've got a question,
love to have you joined us this mort in six
oh eight three two one thirteen ten. That's six oh
eight three two one thirteen ten, and Pat joins us. Pat,
welcome to the program. You're on the air with CJ.
Closs and Eric Schwartz of Class Fiel.

Speaker 5 (12:01):
Thank you.

Speaker 3 (12:02):
I have a question.

Speaker 5 (12:03):
I am.

Speaker 3 (12:04):
I'm sixty six years old and I'm self employed, and
we see benefits for Social Security. I bet a care
of course, so the additional income that I want to say,
what's the best way to invest that money? I know
people say we give an IRA, but and I feel

(12:25):
like you can text on that IRA if you keep
with drawings from it. I already see the text on
the income quarterly.

Speaker 2 (12:33):
Hmm, great question. I think I understand your question. Again,
I like to just repose this to the audience so
they make sure they understand the question. So what I
heard you say is that you're sixty six self employed,
You're receiving Social Security benefits and on Medicare, but you're wondering,
if you're earning income, what's the best way to save

(12:53):
for the future. Because your question as well, given that
I'm self employed, I'm paying you know, quarterly taxes on this,
and why would I want to take after tax money
and put it into a retirement account and then pull
it out later and pay taxes. Am I summarizing that accurately?

Speaker 3 (13:07):
Yes, just exactly what I'm ask.

Speaker 2 (13:10):
Okay, well, here's the good news. What you're missing on
that component is that if you do an IRA contribution,
And by the way, I'm not saying this is what
I would suggest, I would actually need to talk to
you and determine if I even suggest this. But good
news is one thing you're misunderstanding is that if you
do an IRA contribution, you will get to deduct that
at the end of the year and you'll get a

(13:30):
refund of your quarterly estimates. Because basically what's happening is
they're saying you shouldn't have paid as much tax because
say you are. I'm going to use big numbers. I
earn one hundred thousand dollars, I put you know, eight
thousand dollars into an IRA if I'm paying quarterly estimates
based on one hundred thousand. That's actually wrong. I should
have paid quarterly estimates based on the ninety two thousands,

(13:52):
so they'll refund me the taxes that were overpaid. Therefore,
it's the equivalent of a pre tax contribution retirement account.
Now to your original point, you're still going to have
to pay taxes in the future when you pull that out, right,
So it's not you're not avoiding taxes. You're just pushing
out the taxes into the future. And the reason you

(14:13):
might do that is because when you're retired and no
longer self employed, your tax bracket might be lower. Now,
am I suggesting this, No, I'm just telling you how
it works and explaining to you the way that you
know you'll actually get a deduction, YadA, YadA. But what
my advice would be on what you should do is
really more of a nuanced conversation. So I might suggest

(14:35):
you talk to an advisor at some point and see
if that's even a good.

Speaker 1 (14:37):
IDEA really good question this morning, Pat, And also, I
know we've talked about some of this stuff in great
depth on some of the previous shows. A great opportunity
to check out the website Classfinancial Dot com subscribe to
the podcast. I've got a complete listing as well online.
Speaking of getting some advice, telephone number for Coss Financial
six oh eight four four two five six three seven.
No charge for that initial get to know you appointment

(14:58):
tach Loss Financial. It will be complementary to you again.
Their number six oh eight four four two five six
three seven. We're going to continue our conversation with CJ
and Eric. We've also still got time if you've got
a question, love to have you join us this morning
six oh eight three two one thirteen ten. That's six
oh eight three two one thirteen ten. We'll continue our
conversation with Eric and CJ and take your call next
as Money in Motion with Coss Financial continues right here

(15:20):
on thirteen ten. Wiba Boking this morning with our retirement
planning professionals CJ. Closs and Eric Schwartz. Of course they
come to us from Class Financial. The website Class financial
dot com. That's Class k l aa S Financial dot com.
Great website or telephone number six oh eight four four
two five six three seven. No charge for that initial
get to know you appointment at Coss Financial. It will

(15:42):
be complementary to you again. Their number six oh eight
four four two, five, six three seven talking this week
about Medicare, and as we kind of we're getting we've
got some great groundwork late, got some great details as well.
Are there any other things we need to know about
how Medicare works?

Speaker 4 (15:58):
Eric, Yeah, Sean, there's unfortunately quite a bit more. But
when I think a lot of times people will hear
people talk about letters associated with Medicare, and that causes
a lot of confusion for clients. So let's kind of
talk about what those letters mean and kind of how
they build a health insurance plan for folks over sixty five.

(16:23):
So Medicare Part A that is the hospital insurance aspect
of it. So it's covering inpatient care and hospitals, skilled nursing,
facility care, hospice care, and maybe some level of home healthcare.
And as we mentioned earlier, this is typically at no
cost if you and or your spouse have paid Medicare

(16:44):
taxes for at least ten years. So when I say
it's no cost, I mean you've paid it.

Speaker 1 (16:48):
Over the years.

Speaker 4 (16:49):
So that's what covers the cost. Medicare Part B this
is your this is your medical insurance, okay, so that
covers your services from doctors other healthcare providers. Covers outpatient care,
home health care, durable medical equipment, and another equipment in
preventive services that you might need no. Medicare Part B

(17:11):
involves a monthly premium and an annual deductible. So the
standard monthly Part B premium for twenty twenty five is
one hundred and eighty five dollars, and for folks who
are on Social Security, this is generally just deducted from
your monthly benefit payments, so a lot of people don't
even notice this premium is coming out. You are able

(17:32):
to pay it from your checking account or some other
method if you are not yet on but Social Security
retirement benefits. Now that one hundred and eighty five dollars
monthly premium, depending on what your income is, that can
actually be higher, so it's a little bit confusing, but
essentially the Medicare is going to look back two years

(17:56):
that your income to determine if your monthly premium will
be higher than one hundred and eighty five dollars. But
that is the base in twenty twenty five. Now, the
annual deductible that I mentioned earlier for Medicare Part B,
it's two hundred and fifty seven dollars, which means that
you have to pay that amount before Medicare will begin

(18:17):
paying its share of covered services. Now, I'm sure folks
listening are who are not on Medicare may say, you know,
two hundred and fifty seven dollars, that's pretty nice deductible
on health insurance. But that is, you know, that is
part of why I mentioned earlier. Folks are generally pretty
excited to get to sixty five for the for the

(18:38):
health coverage. Lastly, related to Part B, you may have
noticed that I mentioned after that two hundred and fifty
seven dollars deductible Medicare will begin paying its share of
covered services. So Medicare typically pays eighty percent of the
approved amount for covered services. So this means that folks
who are receiving Medicare are responded for the remaining twenty

(19:01):
percent of those costs. So this twenty percent that's known
as coinsurance, and that's why people will often pick up
Medicare supplements or a Medicare advantage plan. And we're going
to talk about those more here here in a moment,
but those are generally what are picking up those those
extra costs no Medicare Part D that is your drug coverage,

(19:23):
So that's going to help cover the cost of prescription drugs,
including many recommended shots or vaccines. One problem we often
see with Medicare Part D is there's a lot of
confusion caused by the various names people use when talking
about it. So if you may hear Medicare Prescription Drug Benefit,
you may hear Medicare RX or just RX plans. You

(19:46):
may hear prescription drug plans, or Medicare Advantage prescription drug plans. Essentially,
all these terms relate to Medicare programs that help cover
the cost of prescription drugs. So while part D is
the standard term, you should not be surprised to hear
some of these other terms as well. Now, if you

(20:07):
join a Medicare Part D drug plan, you do that
in addition to Medicare Parts A and B, or you
can get it by joining a Medicare Advantage plan with
drug coverage. So plans that offer Medicare drug coverage are
run by private insurance companies that follow very strict rules
set by Medicare, so they are all standardized plans, but

(20:28):
they are operated by private insurance companies. And finally, as
you approach Medicare eligibility age, which for most people's age
sixty five. As we mentioned earlier, you want to be
careful not to get hit by something known as the
late enrollment penalty related to creditable coverage. Without going into
too much detail here, you can essentially end up with

(20:50):
a sizable Medicare Part D penalty if after your initial
enrollment period you go sixty three or more consecutive days
without either Medicare Parts decoverage or corret what's called the
creditible Prescription Drug Coverage plan. So watch out for that
as you are approaching Medicare.

Speaker 1 (21:09):
Is there's a lot to this and one of the
great things about this program a lot of great information,
a lot of important information, and sometimes, you know, driving around,
maybe you don't get a chance to take notes or
maybe you want to hear something back or share this
information the podcast. It's available to you at cossfinancial dot com.
That's Claus k l a A S Financial dot com.
They're tell forh number six, SOH eight four four two

(21:30):
five six three seven, hold on to that telephon number.
Coming up. In the next segment, we'll talk a little
bit more about Medicare. We'll also do the COSS Quiz
question of the week as Money in Motion with Cost
Financial continues next right here on thirteen ten, WIB talking
with our retirement planning for professional CJ Closs and Eric Schwartz.
Of course, they come to us from Class Financial the
website colss financial dot com. That's Class K L A

(21:51):
A S Financial dot com. They're telling for number six.
Soh eight four, four, two, five, six three seven talking
this week about Medicare, and we've covered a lot of
great CJ, is there anything else that we should know?

Speaker 2 (22:06):
Well to steal a term from my colleague, unfortunately, yes,
beyond what's called original Medicare, which is parts A and B,
along with the Medicare Part D, which is not part
of original Medicare, but is rather prescription drug coverage provided
by private insurance companies. So beyond those kind of core elements,

(22:28):
there are a few other components of Medicare to understand.
And most of you out there, if you know about Medicare,
you should be going yeah, yeah, yeah, what about Medicare
supplements and metagap plans. Well that's what we're going to
talk about next. So Medicare supplements also known as metagap,
is extra insurance you can buy from a private company
that helps pay your share of costs and original Medicare.

(22:52):
For those with a keen ear, you should have already
known what is meant by your share since that was
reference in eric section about kind of the co insurance,
So your share refers to the twenty percent co insurance,
which can really add up, especially if you require frequent
or expensive medical services. This is the primary reason why

(23:13):
most people consider supplemental coverage like Medicare supplements also known
as Medicap plans. So just when you hear Medicare supplement
or metagap, those are the same thing. Notably, policies are
standardized and in most states named by letters A through N.
The most common metagap plan used to be Plan F,

(23:34):
but it's no longer available to newly eligible Medicare beneficiaries
on or after January first of twenty twenty. Currently, as
of twenty twenty five, the most common metagap or Medicare
advantage or Medicare supplement plan offered by private insurance companies
are Plans G and Plan N. Plan G is the

(23:55):
most popular metigap plan since it offers comprehensive coverage covering
most of the gaps in original Medicare. People tend to
choose this metagap Part G plan for its extensive coverage
and relatively predictable out of pocket costs. Plan N, which
is the second most popular metagap plan, offers a balance

(24:16):
between coverage and cost. While it covers many of the
same benefits as Plan G, it involves some co payments
for certain office and er visits, which typically means the
monthly premium for Plan N is lower than for Plan G.
Which all of this leads us to the final kind
of core component of Medicare for you to be aware of,

(24:39):
which is known as Medicare Part C or Medicare Advantage. Now,
I just want to pause. I hope everybody is either
taking notes or you say to yourself, I need to
go listen to that podcast again, because there's a lot
of details here. You're noticing each of these core components
has like multiple names, and this is one of the

(25:00):
biggest reasons why Medicare is so confusing. It's not because
the planets or the program itself is overly complex. It's
because each one of the components has like nine names
that people will use for well, I don't really have
a fix for you as much as go back and
listen to this again. So Medicare Part C, which is
also known as Medicare advantage. Here's the concept to understand.

(25:22):
When it comes to Medicare Parts C. Americans like choice
and therefore, during open enrollment in the fall of every
year or upon a qualifying event, you have two main
ways to access Medicare coverage. So this is the whole
point of Medicare advantage. Like, what is this thing Medicare advantage.
It's basically a secondary choice that takes you off of

(25:45):
original Medicare. So option number one is known as original Medicare,
which is everything we talked about previously, right, Parts A
and B in a meticap plan and a typical Medicare
Part D prescription plan. Option two is Medicare Part C,
which is also known as Medicare advantage. This is a
Medicare approved plan from a private company that offers an

(26:09):
alternative to original Medicare for your health and drug coverage.
These are known as bundled plans since they include Part A,
Part B, and usually Part D. In many cases, you
can only use doctors who are in plans network, So
the sounds more like private health insurance, doesn't it. It's like, oh,
there's a network now. These plans often have different out

(26:32):
of pocket costs than original Medicare. But these plans also
often after other benefits like dental and vision, and they
may include separate premiums, but they're usually cheaper than Medicare
Medicare supplements. So here's the point of all of this.
We are not for or against any structure of this.
We actually love the choice. We love that our older

(26:56):
clients get to Medicare. We generally love the benefits that
Medicare provides, and we love the choice that is available
to you. Unfortunately, there is so much complexity to Medicare
and so many different names that are used and ways
that these things can go wrong that we have to
get quite involved in being watchdogs on behalf of our

(27:17):
clients so Eric can attest. We unfortunately spend way too
much time in our meetings asking about what do you want,
what do you have, what are you paying? Why do
you have that?

Speaker 1 (27:26):
You need to talk to somebody.

Speaker 2 (27:28):
Again. While we are insurance licensed, we don't sell this stuff,
so we often have to work with Medicare specialists to
actually refer our clients out to them to find out
what's best. If there's one big takeaway from the show today,
medicare is great but complicated and therefore just can't suggest
enough find somebody who can advocate on your behalf.

Speaker 1 (27:48):
Really great job explaining a very complicated subject this week,
that is for sure, And if you do want to
listen back, as mentioned, a great opportunity to head on
over to Classfinancial dot com that's closs klaasfinancial dot com.
Do a single program, play back or subscribe to the podcast,
which I would recommend again available to you at cossfinancial
dot com. That's coss k l aas Financial dot com.

(28:09):
Telephon number for the office right here in Madison six
oh eight four four two five six three seven. Don't
forget that first appointment. No charge will be complimentary to
you again the telephone number six oh eight four four
two five six three seven. Speaking of a telephone number,
hold on to it because it's time now for the
class quiz question of the week. It works like this.
In just a moment, I'll ask you the class quiz
question the week. You will then have thirty minutes from

(28:30):
the en today's program to call the Class Financial Office
right here in Madison at six oh eight four four
two five, six three seven. If you are the first
car correct answer when this week's prize, which is a
twenty five dollars gift card to Texas Roadhouse. This week's
class quiz question the week is this. According to Medicare
dot gov. Medicare is a federal health insurance program in

(28:51):
the United States for people what age or older? Multiple
choice Here is it sixty two, sixty five or sixty seven?
Telephone number six oh eight four four two five six
three seven, first go out, correct ancel when this week's prize.
Don't forget as well. That's Class Financials Office here in Madison.
No charge for that initial gets to know your appointment
Techlass Financial their number six oh eight four four two

(29:12):
five six three seven. CJ Eric. It's always great chatting
with you. We'll do it all again in a week.

Speaker 2 (29:18):
Thanks Sean.

Speaker 1 (29:19):
Thanks Sean, see you guys. Doctor Marty Greer comes your
way next right here on thirteen ten. Del Bill you
Ivey