In this episode, The Annuity Man and Ellie Saul discuss:

• Medicaid is better than selling your soul to lead selling companies
• The three benefits that the non-inflation bill does for Medicare beneficiaries
• Looking out for yourself by doing your own research
• Don't surrender your rights

Key Takeaways:

• If you need money back and you can't afford your premiums, then opt in for Medicaid instead of giving your information to a company that promises to give you money for buying their insurance. They're selling your information as leads to insurance companies, and they will not stop calling you. Remember that if it sounds too good to be true, it is.
• Here's how the non-inflation bill benefits Medicare beneficiaries: one, it lowers the difference between your income for getting help which means medicare beneficiaries can make more and still get extra help for prescription medication. Second, there is now a maximum out-of-pocket limit for prescription drugs, specifically for Medicare beneficiaries. Third, Medicare can now negotiate pricing with drug manufacturers.
• For-profit companies are always looking out for their own interest, and educational meetings are not profitable for them. That's why you have to do your own research. You have access to real information, but it's going to be a bit like a treasure hunt.
• If you are anywhere close to Medicare age, statistically, you'll live longer than anyone has ever lived. Turning 65 is legally referred to as a change of life event. Don't surrender your rights just because of the fear of missing out.

"I want my insurance company to pay more for my care than for their CEOs. And that doesn't happen in the marketplace. But with Original Medicare, there's this one beautiful little part where we get more than we give at some point." — Ellie Saul

Connect with Ellie Saul:

Website: https://www.mamabearmedicare.com/

Instagram: https://www.instagram.com/mamabearmedicare/

Facebook: https://www.facebook.com/MamaBearMedicare

YouTube: https://www.youtube.com/channel/UCWCg5pmr76wwEYSMRQUXblQ

Connect with The Annuity Man:

Website: http://theannuityman.com/

Email: [email protected]

Book: Owner's Manuals: https://www.stantheannuityman.com/how-do-annuities-work

YouTube: https://www.youtube.com/channel/UCCXKKxvVslbeGAlEc5sra2g

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