MEDICARE – What should you know about it?

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🟦 Medicare is a health insurance program for people 65 years of age or older, people under 65 years of age with certain disabilities, and people of any age with End-Stage Renal Disease (ESRD). Also, it can be a great way to get the health coverage you need.

There's a lot to know about it particularly as the population ages. The number of Americans on Medicare is forever growing; in fact, over 64 million people were on Medicare in 2020 and that number is expected to increase to over 80 million by 2030.

🟦 While Medicare can be a complex and confusing topic, it's important to have at least a basic understanding of how it works, especially if you're nearing retirement age.

🟦 Join me as my special guest Eric Dudley will be explaining this complex and confusing topic.

Here are some HIGHLIGHTS from this episode.

04:36 What is Medicare?

06:08 It is important to know about Medicare

06:51 Understanding Medicare

07:21 Medicare Part A and Part B

09:38 Medicare Part C or Medicare Advantage

10:39 What is HMO?

11:22 What is PPO?

12:06 Medicare Part D

16:15 Medicare Medigap

23:55 Coverage example

25:43 What do Medicare part A and B cover?

30:56 Services not covered by Medicare.

35:29 Aging parents.

36:14 What Medicare plan suits you best?

38:23 Peace of Mind does not have a price

46:50 The importance of Medicare - 1

47:56 The importance of Medicare - 2

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