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Why Medicare Planning is Important to Retirement – Let’s Get Down to Business


Curtis reviews the top seven items about Medicare you should know.
Medicare is an important aspect of retirement planning. Medicare part A is hospital coverage, Medicare part B is physician and out patient covering 80%. This is why seniors need to purchase a Medicare Supplement policy to cover the other 20%. Medicare part C are Advantage Plans.Medicare part D is a limited drug plan. Medicare pays partial medical expenses like dental, eyes and other items.

Heath savings accounts are available for funding through age 65. Funding an HSA account with pretax dollars and the distributions for qualified medical expenses are tax free.

Tax management may result in paying less Medicare premium by keeping eligibility for Tier one and two, the lowest premium income means testing for Medicare.

Syndicated financial columnist and talk show Steve Savant interviews author, platform speaker and nationally recognized retirement expert Curtis Cloke, adjunct professor at the American College. And as a producer, Curtis is a qualifying member of MDRT and Top of the Table. http://youtu.be/nvLQgDfF0LM

Facts About Medicare Advantage Plans In California

Recent changes and adjustments to Medicaid and Medicare have cause significant confusion and upheaval for those considering their healthcare options. California’s Medicare Advantage structure has been subject to some notable changes lately with which you should become familiar. Fortunately, the plan itself is not terribly complicated. The paragraphs below are intended to provide useful insights into Medicare Advantage in California.california medicare advantage plans

Though called by numerous names, the program is essentially a government-funded option that channels funds usually spent on traditional Medicare. The good news is that consumers are given a wider array of options from which to choose. In this manner, it is possible to find plans that more closely match your needs. In the past, plans were something of a single-size, single-options proposition. What is even better is the fact that now it is possible to include coverage for prescription drugs, something that used to require a totally distinct policy.

You also no longer need to be concerned about a decrease in coverage. There is the ability to secure a plan that provides coverage while you travel as well as one tailored for those with limited incomes.

Of course, not everything associated with this type of plan is perfect. One negative aspect is the fact that it is sometimes difficult to get help when questions arise. You may find yourself speaking with someone who lacks sufficient knowledge to really help you decipher elements of your plan. This can lead to real frustration so we recommend you work with the agents at CaliforniaMedicareAdvantage.com so they can work as a go between with you and the insurance companies.

You may be feeling a bit of uncertainty with regard to recent changes to our healthcare structure. But the fact is that California’s Medicare Advantage plans are surprisingly easy to understand and their benefits are quickly apparent to almost everyone. Thus, if you suspect you are eligible to participate, get in touch with an agent today or start conducting research on your own to find out more.


Don’t Live Your Life Without Health Care, Tips For The Best Options!

Health insurance can cover medical issues both minor and traumatic, but the bigger the bill, the more you’ll appreciate having the right coverage. It is safe to have sufficient health insurance, and these tips can help you get the coverage you need for your family.

Make sure you consider your overall health, as well as that of your family, as you make your policy selections. If you have no current health issues, you may get a policy that has a cheaper premium. This can be risky; although you pay less per month for this type of coverage, you’ll have to pay out of pocket for medical care if you develop a serious health condition.

To save the most money possible on health insurance premiums, consider catastrophic coverage instead of a more comprehensive one. While comprehensive has more benefits, catastrophic only covers emergency care and hospital care.

Understand that every health insurance policy has loopholes. It is essential to read your insurance policy thoroughly to familiarize yourself with what is and what is not covered. Be prepared in advance to pay out of pocket for things that may not be covered, like certain medications or procedures.

Generic prescriptions are a great way to reduce cost, regardless of what type of insurance policy you have. Generic drugs contain the same active ingredients as brand name medications, and are available for most prescription medications.

Choose the type of health insurance plan that best suits your needs. You can select from among an HMO, a PPO or even a POS. These insurances plans all have options you need to know about before you buy. If you like your present doctor, make sure with any policy you choose there is an option to stick with him.

It is important to have health insurance because you don’t know what may happen in the future. Illness and accidents may strike without warning. Compare a variety of insurance policies before you decide on the one that will best meet your needs.