Medicare-Explained Parts A & B (Advantage vs Supplement)

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Күн бұрын

This video is made for anyone turning 65 within the next two years. if you will soon be new to Medicare, this is where you start your journey.
Medicare Explained 2023 Part A & Part B plus Medicare Advantage vs supplement plans
By the end of this video you will know what you want to do with your Medicare and what choice you wish to make.
0:00 Introduction
02:00 Table of Contents
03:04 Sign-up for Medicare
03:35 Medicare Part A
05:40 Medicare Part B
07:20 (IRMAA) Income Related Adjustment Amount
09:10 Two Greatest Benefits of Original Medicare
11:21 Option #1 Original Medicare Alone
13:09 Option #2 Medicare Advantage Plans
22:33 Medicare Advantage Benefits Misconceptions
27:26 When to get a Medicare Advantage Plan
28:20 Summarize Option #1 & Option #2
29:35 Option #3 Medicare Supplement Plans
35:12 Medicare Supplement Important Bullet Points
37:00 Medicare Supplement Initial Enrollment
38:20 How to Avoid a Permanent Mistake
40:52 Bonus Pro-Tips
CONTACT US 800-847-9680 or
medigapseminars.org/contact-us/
How & When to Enroll in Medicare
• How To Sign Up for Med...
Medicare Explained - Secret of Who & Why
• Medicare Explained 202...
Original Medicare Benefits / IRMAA / IG Reports
medigapseminars.org/resources/
Medicare Supplement Plan N vs Plan G
• Best Medicare Suppleme...
Medicare Advantage Cost More than Original Medicare
www.kff.org/medicare/issue-br...
Once you understand the basics of Medicare Part A & Medicare Part B you will be faced with making one of three choices with your Medicare. This can be one of the most important decisions that you make in Medicare. It will set you on a course that can impact the quality of the medical Care that you receive and it could potentially be irreversible.
Learn about Medicare Parts A & B, Medicare Advantage Plans, medicare supplement plans and the choices you must make once you start Medicare.
Medicare explained so you know the choices you must make.
#MedicareExplained #Medicare2023 #medicarepartb #medigapseminars #medicareschool

Пікірлер: 667

@MedigapSeminars 4 ай бұрын

Click here to subscribe: kzfaq.info?_confirmation=1

@teresaspencer6387 8 ай бұрын

After hours and hours and hours (and days) researching the differences and what I need, this video gave me the knowledge in 45 minutes. Thank you!

@MedigapSeminars 8 ай бұрын

You are welcome. Of course, we do much more. If you want personalized consultation please reach out. medigapseminars.org/contact-us/

@jennydorrell8143 8 ай бұрын

Great information that I dont believe most senior citizens are aware of. Almost criminal what they do to our elderly. So thankful I got an honest agent.

@geagle1708 8 ай бұрын

I just became a health insurance agent this year at the age of 70. I appreciate your explanation of the differences and I am disappointed that I was not given better information and chose an Advantage plan. No one explained how the supplemental plans work as well as you do. Now I can explain it to my future clients so they can make an informed decision.

@fishingpinky3165 Жыл бұрын

Just went to a Medicare and MA plan provider. All she wanted to do was sell us a MA plan and not talk about regular Medicare. She was not aware I had been educating myself for months on these plans. I figured she was getting a higher fee. Thanks for doing what most on YT and TV are not factually telling the difference.

@jeanelegarrett3273 Жыл бұрын

I wish I had understood I have no medical help only prescriptions i completely forgot I had to switch back the first year so now I’m stuck !

@gunawin2 3 ай бұрын

I'm a Medicare broker and this video explanation of Medicare is the best I have seen.

@joyceperez5505 8 ай бұрын

YES AS A RETIRED NAVY NURSE...I AGREE .ITS INTENTIONALLY CONFUSING SO THAT THOSE COMPANIES CAN MAKE MONEY OFF OF PEOPLE...STAY WITH ORIGINAL MEDICARE UNTIL YOU UNDERSTAND OTHER CHOICES.... IF YOU GOW WITH ADVANTAGE PLAN ..YOU CAN NOT GO BACK T[ ORIGINAL PLAN... SO SUPPLEMENT SEEMS BEST CHOICE TO LOOK TOWARD YOUR FUTURE...AND CAN AFFORD IT.....

@MedigapSeminars 8 ай бұрын

Re: "AS A RETIRED NAVY NURSE." .... My oldest son s a Navy Corpsman. My father was career Navy. I used to tell my son about a multi-year medical event I had that none of the doctors could figure out. But a Navy Corpsman looked at my record and said "I have an idea, let's try this.... By the end of the day he found a benign bone tumor in my left tibia that was pinching my sciatic nerve for more than four years. Hat's off to Navy Corpsman!

@hedhtr4 8 ай бұрын

Finally a clear lesson on just what is a health plan that covers and what it does not. Thank you

@MedigapSeminars 8 ай бұрын

you are welcome

@MrsKuhn.2 Жыл бұрын

Thank you so much. You really helped in somewhat, understanding the difference between advantage and supplements.

@jill1060 5 ай бұрын

So glad I found this! Thank you so very much!

@Eyeris625 Жыл бұрын

Thank you so much for the video! I thought I had to choose an advantage plan... so thank you

@stevebilkos3092 4 ай бұрын

This video cleared up so much for me, thank you a ton!!

@MaryOuwinga Жыл бұрын

I am preparing for my time in a few years. Thank you for making a very messy confusing process way clearer.

@lifechoices7869 Жыл бұрын

That was so thorough! Thank you!

@dianajohnson7708 5 ай бұрын

Best info I have found so far for such a confusing subject. Thank you!

@EstacadaOregon 11 ай бұрын

Great advice. It's best to do A, B and supplement G and the prescription supplement. The other is to go with an insurance company who has been in business for a long time vs one that has been in business for a short time.

@JackDazey 11 ай бұрын

As a life and health insurance agent in New York, that provides Medicare coverage to policy holders I found this video very helpful in explaining in simple terms, the disadvantages advantages of how we should now decide to choose a coverage. This video is super helpful and I appreciate you sharing knowledge.

@somponesakdy826 Жыл бұрын

This guy explain really simple and clear to all the questions I have about Medicare.

@tandajohnson8689 11 ай бұрын

this is the best info I've had so for! Thank you!

@Crystal-pixie Жыл бұрын

Excellent presentation. I wish I had found your tube info sooner.

@lolitvaldez4859 5 ай бұрын

Thank you very much. It surely helps me to understand much better. You explained it clearly that no one had done it to me.

@rickdavid1795 Жыл бұрын

I’m almost 65. This video helped me immensely. Thank you Subbed.

@lmullen9478 Жыл бұрын

Excellent! I'm turning 65 next month!

@debbiehedrick9396 Жыл бұрын

Very Helpful! Thank you so much!

@rh-bd6wv Жыл бұрын

As always, helpful and informative.

@beagrov1955 Жыл бұрын

Amazing explanation made easy...I've wasted a month doing my own research..then i find your video!..awesome! And thank you!!

@barbarahoff8073 Жыл бұрын

Excellent information! Helped me to calm down about choosing what to do!

@richblanchfield1870 11 ай бұрын

Very helpful and for a starter it added much clarity and pitfalls. Will continue to watch additional videos.

@DietrichSchindler Жыл бұрын

Excellent! Thank you so much for such a sensible presentation.

@BriarBeats Жыл бұрын

Thank you for your knowledge and God Bless you Matthew!

@user-ry5kh7nv9y Жыл бұрын

You always explain everything so clearly and completely.. Excellent! Thank you so much for such a sensible presentation..

@nea_star Жыл бұрын

super helpful! Trying to help my parents figure out retirement and healthcare, and this was just what I needed to get started. A million thanks!

@kimmcroberts5111 11 ай бұрын

Thank you so much for your work😊

@T18skyguy Жыл бұрын

Great video Matthew. I worked in health care my whole life. Most folks don't know that when you get admitted to a hospital, you sign a big stack of forms. One of those forms gives the hospital permission to put a lien on your home. If your not insured, or under insured, a lien on your home can force the sale or could lead to medical bankruptcy. Good insurance is so important. Thank you for your great presentations.

@MedigapSeminars Жыл бұрын

Very good point. The #1 cause of bankruptcy in the U.S. is healthcare. Good insurance is critical to good financial health.

@ace1926 10 ай бұрын

@@MedigapSeminars- I have never heard of any such thing as a Lien on your home. How can this be. How can I avoid being "Under Insured". This sounds like a Medicare Advantage Plan?

@MedigapSeminars 10 ай бұрын

@@ace1926 I have not heard of it either.

@michaelsmith6928 10 ай бұрын

@@ace1926underinsured is simply not having the correct insurance that you need when you need it (large deductibles, no providers, etc.) that may leave you exposed.

@beekind6267 9 ай бұрын

😮😮😮😮😮😢

@almiriam1 Жыл бұрын

Video really dissipates the mental fog I had reading whatever came in the mail regarding Medicare, thanks

@christineheikkenen9276 Жыл бұрын

Thank you so much for these videos. I just signed up through your company, and I am so pleased. You really did the work for me when researching companies in my state and area, and gave me the choices with pros and cons of each. Without these videos, I would not have been educated enough to make the best choice. I am pleased with my Medigap plan and my prescription plan. I feel the peace of mind that I made the best decisions based on the options I had, all within my budget.

@hhhnnn2205 7 ай бұрын

I was so confused with all the choices. After watching this video it's all clear. Thank you

@marieowens2656 Жыл бұрын

Thank you so much.so helpful. I am retiring after 48 yrs at my job n you answered so many questions.

@user-fj1iw3rx6j 7 ай бұрын

Thank you so much for this video very informative will be watching your other videos

@velanche Жыл бұрын

This video was very informative. It helps clarify what the choices are in ways that brings clarity. Thank you!

@envisagecyan2027 Жыл бұрын

Thank you so much - best practical, understandable, explanation video I have watched! Will be checking out your other videos as well.

@armyveterano9388 6 ай бұрын

Thank you for this Video . Sincerely Appreciated ❤

@rodkramer8879 Жыл бұрын

Have been on Medicare for years, but have learned a lot from watching your videos. Thanks for making them. I have a few health issues so I chose a plan G a long time ago. Has worked out great for me. I have found to check the premium for plan G from different company's can change the premium for that plan. Just have to answer all the health questions again and get acceptance from the new company if I understand it all. I know if my new company excepts me I will save almost a hundred dollars a month on premium. Thanks again for all the info you provide.

@ctwilk1 8 ай бұрын

I love this guy, so honest!!!

@nataliagriffith7996 Ай бұрын

Clear and concise. Thank you

@BeammeupSpotty 6 ай бұрын

nice job!!!! very comprehensive. Thanks!!!!

@glennwojcik2342 8 ай бұрын

I am deeply thankful.

@Crookedroadpodcast 6 ай бұрын

This was great. I probably have 6 hours just trying to find a resource that can assemble all these pieces for me. Should've checked KZfaq first. It's as though none of the people that have a good understanding of these options are willing to share it. Thank goodness you are willing and very able to do so. Thank you.

@user-lk1hv8mt9y 10 ай бұрын

I am learning so much from watching your videos. Thank you so much for sharing this amazing source of information. This one is quite helpful.

@soynima 10 ай бұрын

I am new to this but this video has been very informative. 👍

@maryfraser5345 6 ай бұрын

Very useful and concise - thank you!

@user-sy2cy4np1e 8 ай бұрын

U have helped me greatly!! Ty

@pickavana8056 Жыл бұрын

Another great video, much appreciated. I would like to have seen even a general cost comparison for a person in good health/few prescription between Medicare+MSP+PartD and MAP +bundled PartD and a similar comparison for a person in poor health/several prescriptions. I have some questions: 1. if most MAPs cover 80% cancer costs, why do you need to check for this or were you just making the point that if this spans two years? 2. How to you avoid a gap in health services? If you retire at 65 and your existing health cover stops then so you have to enroll in medicare in the 3 months prior to 65 so that Medicare starts immediately? 3. Related to #2. If your spouse (younger) and kids are on your existing health plan, what happens to them? 4. Not a question, just a comment.@28:08 "Theres never any pre-existing nor medical questions for a MAP!". This sounded like a "benefit" but when you think about it, the ins co dont need underwriting because they have total control to restrict or deny your benefits under a MAP. 5. Since Part A costs nothing (for most ppl), is there any disadvantage of enrolling for part A if you continue working past 65 for an employer with 20+employees with creditable insurance? 6. If you have a MAP, so you still have to pay deductible/copays that would have been due for Part A under original Medicare? If so, is there an MSP that covers this situation or with MAPs are you liable for these costs. (Hospitals can place liens!)

@thomaswilke6312 Жыл бұрын

This is the most comprehensive introductory video on Medicare. Thank you very much for taking the time and meticulous preparation in making this video

@MedigapSeminars Жыл бұрын

you are welcome. Please reach out to us for more personalized guidance. 800-847-9680

@villabuck6391 8 ай бұрын

Very nice it helps me to understand medical Tha n k you very much

@vitrock1 Жыл бұрын

I am currently 63 and researching as much information as possible to help me make the best Medicare decisions in the near future. This video is the best Medicare overview I have come across so far. Your presentation was very informative and easy to understand. I look forward to watching the other videos you offer on specific Medicare topics.

@MedigapSeminars Жыл бұрын

Thank you

@InfiniteTaqwa 5 ай бұрын

Do you have Medicare part A and B

@lilliewalls1293 5 ай бұрын

Very knowledgeable. Very informative. Easily understood.

@TheScontra112 9 ай бұрын

Thank you for the information, I finally understood the difference between Advantage Plan vs Supplement plan, now I know that Supplement G is better choice. Will check part D seminar

@wagsman9999 5 ай бұрын

this was very informative - thank you

@michaeleenneher4454 2 ай бұрын

This is a fantastic lecture. Well organized. Nicely presented. And exceptional information. Thank you.

@Augusto88359 2 ай бұрын

finally some concrete answers!!! Thank you!!!

@donnananar1556 9 ай бұрын

God bless and protect you guys always! Thank you so much again.🙏🏻❤️

@MedigapSeminars 9 ай бұрын

Thank you too!

@jhors7777 Жыл бұрын

Thank you for posting this helpful video

@dr.jayphd7658 11 ай бұрын

Thanks for the information 👍

@deborahwallace8656 Жыл бұрын

Thank you SO MUCH! This was so helpful!

@MedigapSeminars Жыл бұрын

you are very welcome

@AlyssasBlogs23 7 ай бұрын

I am currently in school for medical coding. Also, fighting for health insurance as I am a type one diabetic and a full-time student in my program.. Although I am also looking for a health insurance program for the cheapest possible, this video has helped me so much with understanding Medicare better for my schooling and has opened up a lot of new terms for me that I will be looking into when choosing my own health insurance. Thanks for this awesome explanation of Medicare!

@MedigapSeminars 7 ай бұрын

You are welcome

@bethrosa9047 8 ай бұрын

Great video! I need to learn this for my mother in law who is 70 years old

@constanzewhite9099 3 ай бұрын

Thank you ! You made it easy

@szlvid6 4 ай бұрын

Thanks for posting!🌱

@telsamorgan5369 Жыл бұрын

Your videos are very useful and provide lots of information. I have received lots of help after watching this post, please continue to share this kind of information. Thank you.

@RuddyArteagaBroker 6 ай бұрын

Appreciate this video immensely!!!!

@QuadeQuick 5 ай бұрын

Matthew, thank you very much for this excellent content.

@angleazero1275 25 күн бұрын

Thanks much needed information.

@user-vg5df2yp4x 6 ай бұрын

Thanks for the new video! I’m looking forward to seeing what other content you post! Always good to learn as much as you can!

@MedigapSeminars 6 ай бұрын

This video is a year old. 😊 I have > 100 videos you can find by subscribing.

@tonieplacide-oy4xx 8 ай бұрын

Why we taxpayers spent all our lives paying for medicares and when we retire we still have to pay for plan B? That can go to 170 to 200 bucks a month? 😢😢

@philmarsh3859 3 ай бұрын

Better yet, why don't we have socialized medicine or single-payer?

@sherrya6922 17 күн бұрын

Yes exactly it's crap I'm trying to understand for my mother

@carolsisti7203 7 ай бұрын

Very informative video. Thank you 😊

@babayega965 Жыл бұрын

thank you and great job

@normagertz9055 10 ай бұрын

Excellent information. Gracias

@kathyhill9078 Жыл бұрын

I'm 4 months away from turning 65 and this video helped me a LOT in understanding how to move forward with Medicare. Thank you!

@MedigapSeminars Жыл бұрын

You are welcome. Don't be shy. Feel free to reach out to us, our services are free to the consumer. medigapseminars.org/contact-us/

@2901nc 8 ай бұрын

Excellent! Appreciate your plain explanations. I forwarded this and Part D shopper to many friend's "children" who make decisions for their parents without research.

@MedigapSeminars 8 ай бұрын

Thanks for sharing!

@annw1395 Жыл бұрын

You always explain everything so clearly and completely.

@MedigapSeminars Жыл бұрын

Thank you

@SayMagnaFeek 10 ай бұрын

Thank you! Thank you! Thank you! Medicare is a confusing behemoth! As I approach age 65, I am being bombarded with so many 'Sign up for Medicare' and Medicare Advantage Plans advertisements -- enrollment forms are continually being sent to my house by different insurance companies as well as clogging my social media that it has made me nearly paralytic with anxiety, knowing that I am soon going to have to deal with this. Thank you so very much for making this clearer for me and easier to understand. I feel like I finally have a bit of a hand-hold on all this!

@conradcg 9 ай бұрын

This video is much easier to understand than the Medicare booklet that the CMS issues yearly. It is presented in terms that are easy to understand. Thank you.

@MedigapSeminars 9 ай бұрын

You are welcome

@rosemarier.5377 Жыл бұрын

Thank you for making this easier to understand! One question is how does this work with disability and emergency dental care, like me who lost my top teeth to DV.? Thank you.

@larryv4249 Жыл бұрын

Matt, thanks so much for making it easier to understand the alphabet soup of medicare. It is my understanding that here in Washington state I would not have to undergo underwriting if I were to switch from an Advantage plan to a Supplemental plan, nor would I have to undergo underwriting for switching between Supplemental plans. (seems to good to be true)

@MedigapSeminars Жыл бұрын

That's mostly true. "In Washington State, any Medicare beneficiary who already has a Medicare supplement, except Plan A, can switch to another supplement except Plan A at any time and without medical underwriting. A Medicare beneficiary with Medigap Plan A can only switch to a Medigap Plan A from a different insurer. *The above only applies to those who have an existing Medicare supplement plan. To switch from a Medicare Advantage plan to a Medicare supplement plan a person will likely need to qualify via medical underwriting.* " www.insurance.wa.gov/when-can-i-sign-or-switch-medigap-plans

@vickibailey8015 9 ай бұрын

Thank You so much for this informative video. I'm turning 65 in a few months and my head is spinning round and round with different information about what plan I need. I am a little more clear on what I should have. Once again Thank You

@MedigapSeminars 9 ай бұрын

You are welcome. You may also find my free Medicare mini-course and articles helpful. You can find them on my site here: medigapseminars.org/

@veronica0406 9 ай бұрын

Thank you so much for this video!

@MedigapSeminars 9 ай бұрын

You are so welcome!

@rosalielee2398 Жыл бұрын

I like your explanations! They are the most clear I’ve found!

@MedigapSeminars 11 ай бұрын

Thank you Rosalie

@asokasl 9 ай бұрын

A fantastic explanation! Thank you!

@MedigapSeminars 9 ай бұрын

Glad it was helpful!

@ocean694 11 ай бұрын

thanks so much !

@cristianamarante6161 Жыл бұрын

Excellent video. The best of many I have seen.

@vickierodriguez-yr9rh 8 ай бұрын

Thank you so much for your information. I have researched on both Origiinal Medicare and Medicare Advantage. Your video made it so clear. My only problem is dental and vision which was why I considered Medicare Advantage. Do you have any suggestions on how to get this coverage if I go with Original Medicare

@pamwilson4235 Жыл бұрын

Thank-you

@ronaldraymayuga9053 11 ай бұрын

Thank you. This is very informative!

@MedigapSeminars 11 ай бұрын

You are welcome. Feel free to reach out to us for more personalized help. 800-847-9680

@delorescunningham331 10 ай бұрын

This was the best detail video explaining Medicare plans. Making a decision will be much easier with the plan comparison information. Thank you so much!!

@MedigapSeminars 10 ай бұрын

You are welcome. Feel free to contact us for more guidance: medigapseminars.org/contact-us/