Medicare Basics - Turning 65 / Retire

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Understanding the Cost of Medicare

Understanding Medicare Part A and Medicare Part B Enroll in the FREE Medicare mini-course here: https://medicareonvideo.com/mini-course/

Find the best Medicare Supplement plan for 2022. Here are the choices for the best Medigap plans. Understand the difference between Plan F, Plan G and Plan N.

Medicare is pretty good but like most government programs has some pretty dumb rules. Here is the list of what I think are the 5 dumbest Medicare rules.

The Five Worst Medicare Advantage Plan Complaints - Hard to limit to only 5. Make sure you get the full picture on Medicare Advantage plans.

The very first Medicare decision you need to make is a HUGE decision. Do you stay with original Medicare or do you go on a Medicare Advantage plan? This may be the only time you can choose without any medical questions so it is very important to get it right!

Big cost increases for Medicare in 2022. Higher than projected. Important to understand how it will impact your healthcare. Medicare Part B premiums and Medicare Part B deductible. Medicare has increased the premiums and deductible for Medicare Part B in 2022. New prices for Medicare Part B start on 1/1/2022.

Understanding what is different with California Medicare Plans. How to use the Medicare birthday rule.

Medicare Advantage HMO plan are very different from Original Medicare. These Medicare Advantage plans limit you to a network of doctors and hospitals, and have other restrictive factors that are very different from Medicare Supplement plans.

Medicare is Massachusetts is different than every other state in the country. In most states, Medicare Supplement plans are limited to a list of 11 lettered plans. However, in Massachusetts, plans are limited to three options for anyone 65 prior to 2020, and only two options for anyone turning 65 in 2020 or later. This video will go over the Massachusetts specific rules for Medicare Supplement Plans.

Medicare Part A is part of Original Medicare and covers your rom and board in the hospital. It is important to understand the differences between Medicare Part A and Medicare Part B, including the coverage, premiums, and deductibles for Medicare Part A.

Medicare part B is part of Original Medicare and covers your outpatient and physician services Insurance. It is important to understand the differences between Medicare Part A and Medicare Part B, including the coverage, premiums, and deductibles for Medicare Part B.

When choosing Medicare Supplement Plans, one big question many people have is “how do I choose the right Medigap insurance carrier?” Luckily, there are specific laws that Medicare Supplement insurance plans must follow that make this choice a bit easier! Whether choosing Medigap Plan G, Medigap Plan N, or a high deductible plan, there are some safeguards in place, as well as factors to consider, which are reviewed in this episode.

The Medicare Part B premium and deductible goes up a little each year. The 2020 costs for Medicare go into effect on January 1st, 2020. The cost of living adjustment for Social Security increased as well, but is basically eaten up by the Medicare cost increase!

Medicare Part D is the prescription drug plan component of Medicare. Whether you have Original Medicare with a Medicare Supplement plan, or a Medicare Advantage Plan, it is important to understand how Medicare Part D plans work. This episode reviews Medicare Part D enrollment.    

The Medicare Open Enrollment period is a period once a year when Medicare enrollees can make changes to their current Medicare coverage. This time period effects some, but not everyone enrolled in Medicare. This episode reviews when the Medicare Annual Election Period is, and what changes you can make to your Medicare coverage, including Medicare Supplement plans, Medicare Advantage plans, and Medicare Part D plan.

Most people first become eligible for Medicare Part A and Part B enrollment at age 65. Turning 65, however, is not the only time you are Medicare eligible. Often, you can enroll into Medicare Part A and Medicare Part B before you are 65, when you turn 65, or when you are older than 65 and begin retirement. This episode reviews when you are eligible to apply for Medicare.

When looking at Medicare Supplement plans, you have a few options! The most popular Medigap plans are Medicare Supplement Plan F, Medicare Supplement Plan G, and Medicare Supplement Plan N. This episode reviews the different coverage levels of these MediGap plans and when to choose each one to supplement your Medicare Part A and Medicare Part B coverage.

Original Medicare with a Medicare Supplement plan is great coverage, but how do you choose the best Medigap plan? This episode reviews the best Medicare Supplement plans for 2020, including the coverage supplementing what Medicare Part A and Medicare Part B don't cover. The benefits of Medicare Supplement Plan G, Medicare Supplement Plan N, Medicare Supplement Plan F, and Medicare high-deductible plans are covered!

Medicare has four important parts when you begin your enrollment. It is important to understand the difference between Medicare Part A, Medicare Part B, Medicare Part C, and Medicare Part D. Medicare Part A and Medicare Part B benefits are the same across the board, but under Medicare Part C, things change based on whether you choose Original Medicare with a Medicare Supplement plan, or a Medicare advantage plan. It is important to understand not only when to apply for medicare enrollment, but also know what your Medicare coverage entails.

In the past, many people did their Medicare enrollment at the local Social Security office. However, with covid-19, enrolling in Medicare can't be done in person anymore. So, how do you enroll in Medicare Part A and Medicare Part B? Learn about your different options to apply for Medicare!

When you enroll in Medicare and start your Medicare Part A and Medicare Part B, you have the option to choose Original Medicare with a Medicare Supplement plan, also known as a Medigap plan, or enroll into a Medicare Advantage plan. It is important to understand the difference between these Medicare plans, because they are extremely different.  Learn about Medicare Advantage Plans vs Medicare Supplement Plans

Medicare Supplement Plan N is one of the most popular MediGap choices. Medigap Plan N has a lower premium than Medigap Plan G, but still provides full coverage supplement Medicare Part A and Medicare Part B. Medicare Supplement Plan N is one of the best medicare supplement plan choices for full coverage at an affordable premium.

Medicare Supplement Plan G is one of the most popular MediGap choices. Medigap Plan G offers full coverage for Medicare Part A and Medicare Part B gaps, at an affordable premium. Plan G limits your out-of-pocket spending, while giving you the freedom of Original Medicare. 

There are three different Medicare open enrollment periods to begin your Medicare, called your Initial Enrollment Period (IEP), Special Enrollment Period (SEP), and the General Enrollment Period (GEP). When you apply for Medicare determines which Medicare enrollment period you fall into. It is important to understand the different enrollment periods, because it determines when your Medicare Part B will begin.  The is also an Medicare enrollment period called the Annual Election Period, also known as Medicare Open Enrollment, where you can make changes to your current Medicare coverage.

Social Security Full Retirement Age Every individual who is eligible for Social Security program can choose to avail his retirement benefit at the age of 62 through 70. Take note that it is a critical decision that you have to make while you are planning to claim it. It is essential to understand how it affects the sum of money that you will receive when you retire. Before you jump into the decision-making, make sure to consider the pros and cons of choosing whether you want early or late retirement. It will help you learn the best time for you to start earning your retirement benefits. Generally, the full retirement age is between 66 and 67, but some workers may prefer to start receiving their benefits as early as 62 while the late period is 70. Early Retirement Early retirement means that you choose to receive your benefits before the full retirement age. If you prefer this option, take note that you will receive a reduced benefit as much as 30%. In this case, there will be a deduction of 5/9 of 1% every month up to 36 months before you reach the normal retirement age. On the other hand, if the number of months is more than 36, then the benefit will incur a deduction of 5/12 of 1% every month. Late Retirement Late retirement means that you wish to get your benefits after the normal retirement age, you will receive larger benefits. Also, you are also entitled to get delayed retirement credit which will increase the amount that you will gain. For you to avail the full credit, you must be insured under the Social Security program before the retirement, disability, or survivors benefits are paid to you or your beneficiaries. Take note that the credit will not be provided when you are over 69 years old. If you choose to retire before you reach 70 years old, the delayed retirement credits will be applied in January when you start benefits. If the spouse chooses to claim the retirement benefit, he/she may receive a maximum amount of 50% of the benefit that the worker will get at full retirement age. The deduction will then be applied after the benefit is reduced to 50%. Whether you prefer to receive your benefits before or after the full retirement age, it is critical to consider its effect on your monthly finances since it may be reduced or increased. The length of the period of waiting allows you to collect benefits before deciding to get it back. If you delay your benefits until the full retirement age, then the amount will also be increased due to the additional earnings you can get from the delayed retirement credits. The benefits provided by the Social Security vary in every individual due to some factors affecting its results. It is, therefore, crucial not only to weigh its effects but also to seek a consultation from experts who can guide and help you with your decision. When deciding, it is not only the number of benefits that you will receive each month that matters, you should also take a look at your current situation to see if it can sustain your necessities.

Social Security Benefits Social Security benefits are not limited to cash transfer or financial support given to its target group of people. The service provided depends on the unique situation of the individual. Some factors such as total retirement income, marital status, lifetime earnings, home state taxes, and retirement age affect the amount of the benefits that an eligible individual will receive. The Social Security Number linked to the person’s Social Security hold these details. The Social Security Administration offers the primary programs. Retirement Benefits Generally, a worker will receive full benefits at the age of 66. However, in some situation, beneficiaries can start to claim their benefits at the age of 62, but at a lower amount. Also, the Social Security Administration will increase its amount by 8% every year from age 62 through 70. It is also crucial to take note that the monetary benefit will stop beyond that age. It is also required that people need to work at least ten years for them to avail the benefits. Some factors affect the payment that the recipient receives. One of the bases is the “average indexed monthly earnings.” It shows the record during the 35 years when you earned most. Survivors Benefits Children and widows of the Social Security beneficiaries are also entitled to receive the survivor's benefits. The survivors will get 75% out of 100% amount of the Social Security benefit of the recipient. Generally, the family will be paid at a limited amount of 150% out of 180% of the deceased benefits. Medicare Medicare is a healthcare insurance program provided specifically to elders 65 and above. People with disabilities, Lou Gehrig’s disease, and permanent kidney failure may also receive the same benefit. There are more than 50 million Americans who are covered by this benefit, and 15% - 20% of the fund comes from federal spending. The premiums gained by the recipient increases with the help of the Patient Protection and Affordable Care Act of 2010. The payroll taxes are raised as well since it is used to fund the program. Disability Benefits People who have been disabled for at least five months and has not improved for a more extended period are also entitled to receive the disability benefits. Furthermore, those who have been part of this program for 24 months may also obtain Medicare. There are also other medical conditions that may allow the individual to receive disability benefits. Some of them are musculoskeletal problems like back injuries, senses and speech issues like loss of vision and hearing, cardiovascular conditions like heart failure, respiratory illnesses like asthma, and neurological disorders like Parkinson’s disease. These health problems prevent the person from performing his/her job, enabling him to be entitled to disability benefits. Supplemental Security Income (SSI) Blind or disabled people who are 65 years old and above and have insufficient income can also avail the Supplemental Security Income or commonly called SSI. To prove the individual has a few financial resources, his monthly income must not exceed to $2,000, excluding some financial expenses such as burial plots, car, life insurance, personal residence, and $1,500 dedicated to burial funds.

Social Security is one of the government systems that helps people who have insufficient or no income by giving them financial support. It also supports the retirees and families of disabled or deceased workers, making it one of the largest programs offered by the government to its society. The benefits produced by this government service has different forms that target the basic needs of the eligible beneficiaries. This federal program commenced in 1935 when the Social Security Act was signed. It was President Franklin D. Roosevelt’s New Deal plan to help the significant groups of people who suffered through the Great Depression. Per the Universal Declaration of Human Rights, Article 22: “Everyone, as a member of society, has the right to social security and is entitled to realization, through national effort and international cooperation and in accordance with the organization and resources of each State, of the economic, social, and cultural rights indispensable for his dignity and the free development of his personality.” Social Security is in the form of pay-as-you-go-program. In today’s era, the fund used for the program comes from the payroll taxes paid by the employees and companies. It means that current employees and their employers pay for Social Security while the workers still can work. The Social Security Administration will collect the payment and put it in the Social Security Trust Fund. The government, on the other hand, is responsible for managing the money along with the Federal Reserve Board. In the future when the workers retire, or an accident causes them to die or get sick, they will get that money they paid for the program through the form of monthly income that will be given to their beneficiaries. Every individual who has the Social Security will be given a nine-digit Social Security number. It serves as the record of the owner’s history that collects all his or her information about covered wages and other earnings. In the future, the government will use it as a basis when he or she needs to get the benefits. Some programs of the government that help the poor also receive a portion of the revenues from the collected money. It is worth noting that Social security is not just limited to monetary assistance given to people. It was declared that people should receive benefits from the country such as sufficient supply of foods, safe and comfortable shelter, and access to healthcare assistance. It targets the large group of people ranging from children, elderly, unemployed, disabled, and the sick. Social services are organizations or programs that make these services reachable. Furthermore, it may also be given in the form of social insurance, whereas, the benefits that poor people receive should include retirement programs such as disability insurance, pensions, unemployment, unemployment assistance, and survivor benefits. It may also cover the necessities provided to refugees such as money, shelter, food, education, and medical care. The government is also responsible for designating its particular agency to implement these social security provisions.

A Complete Medicare Resource Center  https://www.MedicareonVideo.com Phone: 1-877-88KEITH (53484) Medicare Choices Made Easy   Best Medicare Supplement Plan 2019 revealed! Everyone wants to know what the best Medicare Supplement Plans are in 2019, don’t you?   Many people want to know what the most popular and best Medicare Supplemental Plan is and although Plan F has been the most popular Medicare supplement plan for years is it really the best Medicare supplement plan?   So We will ask you once again. Do you want to know what the best Medicare supplement plans (Medigap) are in 2019? Do you want the best price for your Medicare supplement plan in 2019?    In today's video Keith Armbrecht of Medicare On Video talks about everything you need to know to find the best Medicare supplement plan in 2019 for your needs and your area of location.   The best rated Medicare supplemental plans are easy to find when you know where to look.   Medicare On Video  understands how the stability of a company can really impact your future premiums especially if you want to keep or purchase Medicare supplement plan f which is going away in 2019 for people aging in (turning 65) January.   Did you know you can easily learn which Medicare Supplement Plans are best for you by visiting our website? You can find the link at the top of this post.   Medicare On Video has helped thousands of people easily learn about Medicare Supplement Plans and on our website you can chat live with Medicare specialists trained to help you get the best Medicare Supplement Plan in 2019.   Simply watch the video and learn about Medicare Supplement Plans and Medigap insurance.   Keep checking back for any changes to Medicare supplement plans in 2019 and 2020!   We look forward to discussing Medicare Supplement Plans with you and finding the best Medicare coverage to fit your needs.   Don't end up in one of the wrong Medicare Supplement Plans or get caught paying too much for your coverage.   Keith Armbrecht of Medicare On Video has helped over 5000 people with their Medicare Supplement plans and in this video he tells you which plans are best and how to save the most money possible on your coverage.   That being said the monthly premium on these Medicare Supplement Plans 2019 can and does vary widely between each company! Check out our rates and you will see that our customer service is #1 in Medigap Supplemnet Plan assistance.   #bestmedicaresupplementplan2019 #medigapplans2019 #buymedicaresupplementplan   Watch My Most Recent Video Here: https://goo.gl/jzN8Rn Subscribe Here for More Medicare Tips: https://goo.gl/jzN8Rn QUICK AND EASY MEDICARE SUPPLEMENT QUOTES https://www.medsupsavings.com/ Facebook: https://www.facebook.com/pages/Med-Su... Twitter: https://twitter.com/medsupsavings.com LinkedIn: https://www.linkedin.com/pub/keith-ar... YouTube Channel: https://www.youtube.com/c/KeithArmbrecht   © Best Medicare Supplement Plans 2019 By Medicare On Video - All Right Reserved.

Medicare Supplement Plans Quotes available at no cost to you. Need best Medicare supplement plans quote? We can offer you fast, simplified Medicare quote and have a video library that answers many questions on Medicare. Phone: 1-877-88KEITH (53484) keith@medicareonvideo.com Medicare Choices Made Easy Get Medicare on Video Medicare Supplement Plan F rates and benefits information that will help you make better Medicare decisions. Are you thinking of switching Medicare Supplement (Medigap) Policies? If you have Medicare Supplement (Medigap) insurance, you may be wondering if you should consider changing plans. There are several different factors when picking the company that provides your Medicare supplement plan. Read about Medigap (Medicare Supplement Insurance), which helps pay some of the health care costs that Original Medicare doesn't cover. And learn much more on our website and YouTube channel. We are the best online Medicare Resource Center and even have Medicare made Clear book. When you compare Medicare Supplements in 2019, you need to take into consideration the price and the coverage each plan comes with. What are the best Medicare supplement plans (Medigap) in 2019? We discuss price quotes and find out exactly what you could anticipate to spend for Medicare supplement strategies in FL, TX, AZ, NC, VA and more. We will show you how and when to enlist in Medigap or Medicare supplement insurance coverage. While many websites offer Medicare supplement plan quotes, when a novice just goes in and runs a price they are more than likely going to pay too much. Compare Medicare Supplement Plans for 2019 from the professionals at Medicare on Video. You can compare Medicare supplement plans and rates online from multiple Medigap insurance companies without having to hear from sales people. We help seniors with Medicare supplement quotes and Medicare supplement plan enrollment. Learn to compare Medicare supplements and get free Medicare Supplemental Insurance quotes so you can be sure to get the best prices on Medigap insurance. We love to help. While the pricing of your Medicare supplement is important but to get the best Medicare supplement plan for the long term we look at the company as a whole and not just a price today that will only last for a year. Medicare Supplement Plans policies A, B, F, G and N, which are designed to enhance your Medicare, can help a lot. If you want best Medicare supplement plans in Florida or Atlanta Medicare supplement rates we have you covered. If you want to compare Medicare supplement plans and rates online from multiple Medigap insurance companies without having to hear from sales people we are a great choice.   Learn all about Medicare: https://www.medicareonvideo.com

A big question many seniors ask is, “Should I sign up for Medicare Part B or postpone it?” Medicare Part B (clinical insurance coverage) belongs to Original Medicare and also covers clinical solutions as well as products that are clinically required to treat your wellness problem. This could consist of outpatient treatment, preventative solutions, rescue solutions, and also resilient clinical tools. It likewise covers periodic or part-time house health and wellness and also corrective solutions, such as physical treatment, if they are gotten by a physician to treat your problem. Anybody that is qualified for premium-free Medicare Part A is qualified for Medicare Part B by enlisting and also paying month-to-month costs. If you are not qualified for premium-free Medicare Part A, you could receive Medicare Part B by fulfilling the list below demands: Medicare Part B covers clinically essential solutions such as physician as well as outpatient treatment. Unlike Part A, Medicare Part B protection does need a month-to-month costs. Medicare Part B (clinical insurance policy) is a component of Original Medicare and also covers clinical solutions as well as materials that are clinically essential to treat your wellness problem. Some individuals might obtain Medicare Part A "premium-free," however most individuals need to pay month-to-month costs for Medicare Part B. Because Medicare Part B has month-to-month costs, some individuals could select not to subscribe throughout their first registration duration if they are presently covered under a company team strategy (either their very own or with their partner's company). The yearly insurance deductible for Medicare Part B is $183 in 2018. If your medical professional or health and wellness treatment carrier approves project for a protected solution, you would certainly pay the Part B insurance deductible along with 20% of the Medicare-approved quantity for solutions provided. Want Medicare Part B? You should be 65 years or older. You need to be a U.S. person or a long-term local legally living in the U.S for at the very least 5 continuous years. You could additionally get automated Medicare Part B registration with special needs. Learn all about Medicare! https://www.medicareonvideo.com

If you do not register throughout your Initial Enrollment Period, you might have the ability to register throughout the General Enrollment Period that occurs every year from January 1 to March 31; your protection would begin on July 1. When you are very first eligible to do so, you might be subject to a late-enrollment charge if you do not register in Medicare Part A. If you do not immediately receive Medicare Part A, you can do so throughout your Initial Enrollment Period, which begins 3 months prior to you turn 65, consists of the month you turn 65, and lasts for 3 extra months after you turn 65. Some individuals are immediately registered in Medicare Part A, while you might have to by hand register for it in other cases. Medicare Part A is one half of Original Medicare, the federal health-care program comprised of Part A (hospital insurance coverage) and Part B (medical insurance coverage). Normally speaking, Part A covers healthcare facility services and materials thought about clinically needed to deal with a condition or illness. Together with Medicare Part B, it makes up exactly what is understood as Original Medicare, the federally administered health-care program. Medicare Part A pays for the expense of inpatient medical facility care, while Part B covers outpatient medical services. Older Americans qualified for Social Security benefits can sign up for Medicare. Eligible persons can choose Original Medicare or Medicare Advantage. Eligible older Americans can join Medicare and select Medicare Part A only if they so choose. The initial enrollment period is the best time to select and apply for complete Medicare coverage. Learn all about Medicare: https://www.medicareonvideo.com

  Medicare Open Enrollment 2019 is now! Learn why you should get your free quote and learn how you can do it. Get started with your Annual Enrollment with Keith Armbrecht who shows you everything. Important information about the 2019 Medicare Open Enrollment period also called the Annual Election Period : This is the time of year to review your Medicare choices.. Last day for Open Enrollment is December 15, 2018. People want to know how the Bipartisan Budget Act of 2018 will impact Medicare Part D in 2019 and beyond. Important Medicare 2019 enrollment considerations .The best Medicare Supplemental Insurance Plan and You: You should get insurance quotes from different companies. Know when to Sign Up for Medicare Insurance Services. Watch our other videos and learn when to apply for Medicare for the first time. Now you know how to change Medicare insurance plans. Medicare On Video allows you to compare competitive quotes from multiple resources so you can choose the best Medicare supplemental insurance plan for you. See 2019 Open Enrollment overview for Medicare members’ video. Want to know what is the best Medicare Supplemental Insurance plan? This video outlines what you can do and the changes you can make during the 2019 Medicare Annual enrollment period regardless of the type of Medicare coverage you have. When it comes to Medicare enrollment there are certain times when you can sign up and it’s very important to know it before you miss it or make mistakes. No matter your situation, knowing when to sign up for Medicare is important, as failing to sign up on time could leave you with late enrollment penalties. Watch important information about the Medicare Open Enrollment period. Medicare open enrollment 2019 - Annual Enrollment period is where you can sign up or change your plans. Pre existing condition Medicare supplement insurance is available. • Medicare drug plans comparison • Enrollment period for Medicare • Threshold for additional Medicare tax Do you have additional questions about the differences between Medicare Supplement Plans and what they cover? We can help you through this. An overview of the different Medicare Supplement plans and what they cover could be of help to you. Medicare On Video makes it easy for you to find out when to apply for Medicare and if you're eligible to apply for Medicare insurance plans. Be sure to amend your cover during the 2018 Medicare enrollment period. During the open enrollment period for Medicare all registered members are provided the chance to change their healthcare plan. Supplemental health insurance can be a smart choice for many people. In this video, we go over how to sign up for Medicare and when to sign up for Medicare.

  How to sign up for Medicare 2019 video available now - Learn how to sign up for Medicare the right way with Keith Armbrecht and Medicare On Video. 2019 Medicare Enrollment Period- Sign up for Medicare, change Your Medicare Supplement, Medicare Plan or Medicare Part D Plan. Learning how to apply for Medicare online or where to sign up for Medicare without computer access is a common inquiry of Medicare applicants. No matter your situation, knowing when to sign up for Medicare is important, as failing to sign up on time could leave you with late enrollment penalties. You don’t know how to sign up for Medicare 2019? The video should answer when and how to sign up for Medicare and getting started with Medicare is simple with Medicare On Video and Keith Armbrecht. Do you want to learn how to sign up for Medicare if you have coverage through the health insurance marketplace? If you're new to Medicare you may understandably have a lot of questions about how and when to sign up for Medicare plans. Keith Armbrecht explains through video on how to sign up for Medicare for Open Enrollment 2019 and hopes you found this video helpful for how to sign up for Medicare now for 2019. Don’t know how to enroll in Medicare online? We walk thousands of people through how to sign up for Medicare every year, so watch the video and read on for everything you need to know to apply for Medicare in 2019. Yes, there are factors to consider when signing up for Social Security Retirement Benefits and for Medicare. You should know to sign up for Medicare hospital insurance (Part A) 3 months before your 65th birthday, whether or not you want to begin receiving retirement benefits. To keep this video brief, I have a separate video that covers how, when and where to sign up for Medicare Parts A & Medicare Part B When to Sign Up for Medicare Insurance Services Want to know when and how to sign up for Medicare? It’s simple to get started with Medicare sign up! In this video, we are going to review how to sign up for Medicare and when to sign up for Medicare and help you to understand the benefits and consequences of signing up for Medicare 2019. Learn all about Medicare: https://www.medicareonvideo.com