The Personal Connection: Turning 65 and the Medicare Journey
Hey there, I’m Hans Scheil, and today I’ll be talking about one of my favorite topics, Medicare! This is particularly close to my heart now because, born on July 2nd, 1958, I’ll be turning 65 soon.
From the Medicare Provider to Medicare Receiver: My Story
It feels like just yesterday when I began offering Medicare supplements at 18 years old, calling on people born in 1911 and before. Now, I find myself on the other side of the table. It’s been quite the journey and to commemorate this milestone, we’re doing a deep dive into Medicare, breaking it down into simpler terms.
Let’s Make It Simple: Understanding the Basics of Medicare
Medicare, in its essence, isn’t overly complex, but when you mix in different parts and plans, it can get a tad confusing. With all the calls, mails, and ads you receive when you’re turning 65, making sense of it all can be overwhelming. My goal today is to help you cut through the noise and understand Medicare in a digestible format.
From the Medicare Provider to Medicare Receiver: My Story
It feels like just yesterday when I began offering Medicare supplements at 18 years old, calling on people born in 1911 and before. Now, I find myself on the other side of the table. It’s been quite the journey and to commemorate this milestone, we’re doing a deep dive into Medicare, breaking it down into simpler terms.
Let’s Make It Simple: Understanding the Basics of Medicare
Medicare, in its essence, isn’t overly complex, but when you mix in different parts and plans, it can get a tad confusing. With all the calls, mails, and ads you receive when you’re turning 65, making sense of it all can be overwhelming. My goal today is to help you cut through the noise and understand Medicare in a digestible format.
Delving Deeper: The ABCs of Medicare
Now, onto the nitty-gritty. A couple of months ago, I signed up for original Medicare, which consists of Part A (hospital) and Part B (doctor and outpatient). You need to get this card before you can purchase any other forms of insurance.
Making the Choice: Medicare Supplement Vs Medicare Advantage
Next, you can add a Medicare supplement policy to cover deductibles and copayments not covered by original Medicare. Alternatively, you can opt for a Medicare Advantage plan. The choice you make depends on your personal situation, needs, and budget.
Final Steps: Adding Part D and Dental, Vision Coverage
And finally, if you opt for a Medicare supplement policy, you’d need to purchase a standalone Part D plan for drugs, and potentially separate dental and vision coverage.
Conclusion: Embrace Turning 65!
So, there you have it! Medicare simplified. If you have any questions or need advice, please don’t hesitate to reach out to me. I’m here to help you navigate this important stage of life. Turning 65 is a milestone to be celebrated, not something to fear! Happy Birthday to all those joining the ranks this year!
Medicare Simplified
Welcome to our new video where Hans and Tom discuss the intricacies of Medicare. Especially useful if you’re turning 65 soon or already there, this episode offers first-hand insights from Hans on his own Medicare sign-up experience, complemented by his professional expertise gained from offering Medicare supplements since 1976. Tom assists in simplifying the more complex aspects of Medicare. They cover a range of topics from the differences between Medicare Supplements and Medicare Advantage plans, the vital role of Original Medicare Part A and B, to the implications of IRMAA for higher-income individuals. Amid the flood of information on Medicare, this video aims to map out all the parts, plans, and terminologies, helping you understand what fits your needs best. You’ll also hear some of Hans’s amusing personal stories about turning 65 and the altered perceptions that come with it. Be sure to check out our other videos for a more detailed look at various Medicare topics. Links to the resources discussed in the video and the show notes are available below. If you still have questions or need personal advice, don’t hesitate to reach out. We aim to simplify Medicare for you. Don’t forget to like, share, and subscribe for more valuable content. #Medicare #MedicareSimplified #Turning65 #MedicareSupplement #MedicareAdvantage #Healthcare #Insurance #Retirement #HealthInsurance #IRMAA #MedicarePartD #DentalPlans
