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In this episode of Medicare GPS, Paula and Jamon White, founders of Four Oaks Medicare Planning, discuss the Annual Notice of Change, or the ANOC, which is mailed out every September. They explain what the ANOC means and what steps you should take after you receive it to prepare for the Annual Election Period. Additionally, they discuss how AI isn’t always correct when it comes to Medicare, and tell a story about how Medicare scammers are closer than you think.
For more information on the topic, check out their new blog post that breaks down the top things to know about your ANOC:
https://www.gofouroaks.com/post/your-annual-notice-of-change-anoc-letter-don-t-toss-it-aside
And check out some more helpful tips for this AEP season: https://www.gofouroaks.com/post/the-biggest-medicare-aep-mistakes-to-avoid
Book a free 15-min intro call here: https://calendly.com/fouroaks/15min-i...
Should you switch from the Plan G to the Plan N?In this episode of Medicare GPS, Paula and Jamon White, founders of Four Oaks Medicare Planning, discuss two of the most popular Medigap plans, Plan N and Plan G. They explain the recent price increases to Plan G, and how switching to Plan N may help manage costs while maintaining similar coverage. Additionally, they break down the Part B excess charge and how that can affect what you may have to pay. Finally, Jamon and Paula discuss recent news regarding Medicare Part D and what it means for you. For more information on the topic, check out their new blog post that breaks down what switching supplements looks like: https://www.gofouroaks.com/post/switching-medigap-plans-what-really-happens-when-you-apply And check out our blog about what’s really going on with Medicare Part D: https://www.gofouroaks.com/post/medicare-part-d-is-not-ending-in-2027-here-s-what-s-actually-happening Book a free 15-min intro call here: https://calendly.com/fouroaks/15min-i..
Most people don’t know about IRMAA, the surprise Medicare tax!In this episode of Medicare GPS, Paula and Jamon White, founders of Four Oaks Medicare Planning, break down what IRMAA is and how it affects those enrolling in Medicare. They explain the timing surrounding IRMAA and how to plan ahead and avoid paying increased premiums on your Medicare. The hosts also discuss what you can do if you are being charged for IRMAA and your circumstances change. Additionally, they share a story of a client who wanted to remain enrolled in Medicare but was struggling with paying the premiums. For more detailed information, visit their website goforoaks.com and check out their related blogs on their website at https://gofouroaks.comBook a free 15-min intro call here: https://calendly.com/fouroaks/15min-i... 00:00 Introduction to Medicare GPS00:14 The Surprise Medicare Tax01:30 The Timing of IRMAA02:27 How IRMAA Raises Medicare Costs03:25 Preparing Your Finances for IRMAA04:49 How to Avoid IRMAA Charges05:55 What to Do If You Have to Pay IRMAA08:19 Client Story: Finding Plans to Fit Your Budget10:35 New Offerings and Upcoming Events
Do I Have To Sign Up For Medicare When I Turn 65 If I’m Still Working?
In this episode of Medicare GPS, Paula and Jamon White, founders of Four Oaks Medicare Planning, discuss what Medicare enrollment looks like if you’re still working at age 65. They explain the differences between small and large group insurance and what Medicare looks like if you’re still on one of these employer plans. The hosts also discuss when you should speak with an advisor if you’re planning on working past age 65. Additionally, they share a story of a client who fell behind on payments for Part B and discuss the importance of speaking with an advisor proactively.
For more detailed information, visit their website goforoaks.com and check out their related blogs on their website at https://gofouroaks.comBook a free 15-min intro call here: https://calendly.com/fouroaks/15min-intro
00:00 Welcome to Medicare GPS
00:26 Medicare Drug Plan Changes in 202502:51 Understanding the New Phases of Prescription Drug Plans
05:39 Navigating the $2,000 Out-of-Pocket Max
07:16 Medicare Advantage Open Enrollment Period
10:52 Special Needs Plans for Chronic Conditions
14:00 Inspiration and Health Resolutions14:44 News and Updates
15:34 Closing Remarks and Next Episode Preview
Welcome to our latest podcast episode, "Medicare and Working Past 65 Years Old," where Paula and Jamon White delve into the complexities and options available for individuals who continue working past 65 and what that means for their Medicare.
In this episode, we cover:
Medicare Enrollment: Key timelines and important considerations for enrolling in Medicare when you are already reitred and when you're still employed.
Employer Health Plans vs. Medicare: How to decide between sticking with your employer’s health plan or transitioning to Medicare, and what factors to consider for optimal coverage.
Impact on HSA Contributions: The implications of Medicare enrollment on Health Savings Accounts (HSAs) and strategies for managing your HSA effectively.
Penalties and Pitfalls: Common mistakes to avoid, such as late enrollment penalties, COBRA and misunderstandings about coverage overlaps.
Case Studies and Expert Advice: Real-life scenarios and professional insights to help you make informed decisions about your Medicare.
Whether you’re approaching 65, planning to work past this milestone, or simply seeking to understand your options better, this episode is packed with essential information to help you navigate your choices confidently.
Don’t forget to like, subscribe, and leave a review if you find this episode helpful. Your support helps us bring more valuable content to the world!
Hashtags:
#Medicare #RetirementPlanning #WorkingPast65 #HealthcareCoverage #MedicareEnrollment #SeniorHealth #HSA #MedicareTips #RetirementHealthCare #SeniorLiving #HealthcareDecisions #MedicareAdvice
Medicare Advantage gets a bad rap, especially from doctors. Find out why doctors hate these types of plans, but why it still might be the best route for you or your family member.
In this episode, Paula and Jamon unpack Medicare Advantage and all its sins and its great features for beneficiaries.
To set up a FREE 15-minute consultation to answer any of your specific questions click here: https://calendly.com/fouroaks/15min
Or call 1-800-419-8757
To download our FREE Medicare Survival Guide here:
https://gofouroaks.ac-page.com/medicare_guide
Visit: https://www.gofouroaks.com for more information
#MedicareExplained #MedicareSimplified #UnderstandingMedicare #Medicare101 #MedicareGuide #MedicareCoverage #MedicareOptions #MedicareAdvantage #MedicareMyths #MedicareDecisions
To set up a FREE 15-minute consultation to answer any of your specific questions click here: https://meetings.hubspot.com/jamon-white
Or call 1-800-419-8757
To download our FREE Medicare Survival Guide here: https://info.gofouroaks.com/medicare_guide
Visit: https://www.gofouroaks.com for more information
#MedicareExplained #MedicareSimplified #UnderstandingMedicare #Medicare101 #MedicareGuide #MedicareCoverage #MedicareOptions #MedicareAdvantage #MedicareMyths #MedicareDecisions
In this informative episode, Jamon and Paula explain what is and is not covered by Medicare & Medicare Supplements as it relates to long term care. There are some confusing issues that every one on Medicare or who has a loved one on Medicare should know.
Links:
https://www.gofouroaks.com/
https://www.gofouroaks.com/post/medicare-advantage-vs-medigap-plans-the-two-roads-of-medicare
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