Are you aware of the things you can opt-in or not when it comes to your Medicare plan? It is important that you get enrolled in Medicare 3 months before turning 65 to avoid any delays caused by the existing backlog.

When it comes to Medicare, there’s part A which covers everything that happens in the hospital, and part B, which covers anything outside the hospital.

In this episode of the Secure Your Retirement podcast, we have Roderick Spann, a senior insurance specialist, talk about the 5 Medicare mistakes to avoid. Listen in to learn about the different parts of Medicare and the packages you can opt for.

In this episode, find out:

• Understanding the Medicare initial enrolment period and why it’s important.
• Understanding Medicare part B – insurance that covers anything outside the hospital.
• Part D – the importance of analyzing your prescription drug coverage.
• The original Medicare, what it covers, and the importance of having a Medicare supplement.
• The difference between a Medicare Advantage plan and a Medicare supplement.
• The benefits of comparing and understanding your retiree package plan and the Medicare plan.
• Speak to a professional to give you unbiased advice tailored to your specific Medicare needs.
• The process of getting enrolled into Medicare right before your 65th birthday.

Tweetable Quotes:

• “Original Medicare only covers 80% of your medically necessary services.”- Roderick Spann
• “Medicare is not one size fits all; a prescription plan that works for one person in one state or one specific zip code may not work for another person.”- Roderick Spann

Get in Touch with Roderick:

• LinkedIn: https://www.linkedin.com/in/roderickspann/

Resources:

If you are in or nearing retirement and you want to gain clarity on what questions you should be asking, learn what the biggest retirement myths are, and identify what you can do to achieve peace of mind for your retirement, get started today by requesting our complimentary video course, Four Steps to Secure Your Retirement!

To access the course, simply visit POMWealth.net/podcast.