Відео

Trump 2024!

If a civilian doctor writes a prescription, your VA PCP can sign over the prescription to the VA Pharmacy. This is okay if it's a long term prescription, since the VA sends prescriptions by mail. If the prescription is needed immediately, you will be better off to have to have a MA , or Part D to provide medication as a backup.

Thank you for helping to deconstruct the mystique. Those of us without a lot of background in this area are easily impressed 😅

Thank you for the excellent information. I would like to ask a few questions: 1) regarding the categories - which one should I chose since I took the retirement package in Mar 2024 and receiving a separation package for 6 months . Is it work stoppage or employer settlement payment? 2) I started medicare in April 2024 and am now having being hit with IRMAA - based on 2022, 2023 tax returns but for 2024 my income will be reduced some. But in 2025 it will be reduced substantially - Can I submit the appeal for 2024 or should I wait till 2025?

It amazes me why people don't consider the difference between the tax bracket you are in when working and the effective tax you pay in retirement. The effective rate is always lower.

I wish it was possible for you to do Tricare for Life (retired military personnel)

An additional thing to add in is that there are high-deductible supplement plans that cost a lot less than your $200/month number. The premium savings can cover that deductible even if you reach the deductible limit, and during the years you do not use up that deductible, you could be pocketing (or ideally saving!) those lower premium dollars to cover a later year where you do eat up that deductible,

whole lotta yip yap that sounds like the description of a "ponzi scheme"

This was so insightful. Especially the point on considering taking money from our investments and losing that interest versus taking ss early. We had not thought of that before.

I have to go on Medicare because my Employer told me that my company health Insurance will end when I turn 65.

I have watched a ton of cancer videos on youtube, I believe my diet and supplements are doing more than any medical treatment.

this is insanely complicated

I have been overwhelmed reading about plans, and comparing the Advantage with the Original Medicare. Doggone it! You made it easier to understand. Since retiring from the school system as an Paraprofessional, finding out as you age the Original raises to the point of not being able to afford it. Now, let's repeal the Windfall, and Govt. Offset penalty so I can.

Hey Dude, great video?😉

First time I am watching one of your videos. My sympathy for the loss of your mom. Thank you for sharing the information. Can I suggest a summary video with key points and the conclusion that will get more completed watches and lead viewers onto this video if they want the details? Thank you for considering it.

everyone should just dollar cost average the sp500 and sit on them... this industry is full of hustlers who just care about the fees

The elephant in the room is know your health and plan your finances. Been on A PPO advantage plan for a couple of years. Have a savings account with the yearly out of pocket amount ready to use if needed.Have never had to touch it and it’s growing at Todays interests rates. . It’s peace of mind. I make every effort to stay in network and over the past couple of years the most I have put out for things is less than 300. I would rather pay me than an insurance company. The perks are amazing too. I swim and it pays for my membership.

This is totally irresponsible! If you are not working and consequently not covered at 65, you should take Medicare. Big Insuranace, Big Pharma, Big Food and the MAGA Traitors are all out to steal your money folks.

You made one serious mistake in this video the Advantage Plans. You assumed that an average Advantage Plan would consider all of the services your mother received. However, especially these days, Advantage plans are refusing to cover procedures and hospitalization stay periods saying that they are not justified under the Advantage Plan requirements for prior approval of procedures. More importantly, I am saddened to hear about your mother.

Great video, I would rather pay the higher cost of the supplemental insurance and be able to go to who I want to wearing my Sperry dock shoes, than have to go to in network only... ;)

Advantage plans can deny procedures the “in network”doctors orders, Medicare does not.

I am a retired employee from both the federal government and state government. Both plans are PPOs. My State health insurance plan is free into retirement for me and family and the plan will pay Medicare premiums. My FEHB plan is better, but I pay approximately $800 per month. It also covers me and family. The question is, when I am Medicare eligible, should I drop the federal plan where I pay out of pocket and merely keep the state plan?

Crimson and cream, 65 and still working with very good company insurance.

For me, it is 100% about what I can afford in monthly premiums. I'm leaning towards N, but can't afford a D or anything else. I don't want an advantage. However, if my rent continues to increase at the rate it has been, I can foresee having to drop all supplements in a year or two. Is it best to go with N and later switch to advantage if it becomes necessary?

Made it to the end of your excellent video. I wish I had the memory of an elephant so I could remember all of the wisdom you shared.

Blue. Thank you for the insights!!!!

Thank you for the great explanation. Having lived overseas for many years, the cost of healthcare is so much cheaper and the process so much more efficient. The USA is doomed.

9600 minus 7000 is 2600 not 1600

A good reason to take Medicare at 65, if you are retired Military your Tricare Prime goes away and if you DO NOT start medicare part A & B you will no longer have Tricare. So you have to start Medicare parts A & B then you are automatically eligible and entered for Tricare For Life. Medicare costs more then Tricare Prime but Tricare for Life is free and with these 2 medical insurance you are cover very well.

The main problem with US healthcare is the cost. You get the same examinations, labs, medication, doctors appointments and the rest at fraction of the cost outside USA. The insurance scam system in USA has made everything extremely expensive so people have to get an insurance. If costs were like they are everywhere else, people would have a real option to just pay them themselves or get some insurance, which are much, much cheaper outside USA.

Now we know why they won't find a cure for cancer. Big business

How are you enjoying that so called freedom america .

Thank you

What might these bills be if you had NO insurance and was paying out of pocket ?

Plan D & G all the way….good coverage for all “major” health issues. Emergency fund for “out of pockets” when they occur. Too many restrictions on Advantage Plans…. Just my 2¢….🤷🏼‍♂️

. I love my Brooks sneakers.

What a fucked up healthcare system USA has....No wonder it's impossible to fix this convoluted mess!

Purple was mine at that age. Great video. Will keep following.

Awesome video. I’m not eligible for Medicare yet but this knowledge will be a huge help when that time comes (God willing) in a few years. Thanks!

Great information! Thank you so much!

Blue, excellent Video !!

Thank you elephant! You have a knack at making the complicated comprehensible.

🐘Elephant If a client on Medicaid signs up for an Advantage Plan, then later loses Medicaid, I've heard they can get back on regular Medicare and Supplement Plans with no underwriting (no medical questions). They have 2-4 months to do so depending on their situation. Is this true?

Supplement Plan G is no longer an option for those needing to sign up now. Plan F is as good as it gets unfortunately. Thoughts?

You guys are SO awesome. Great, clear info and fun together. Thx very much for all you both do.

The operative word for the Advantage plan is charges they approve. On Medicare with a supplement you need no insurance company permission for treatment Advantage plans do restrict treatment options and timing.

My wife had to have open heart surgery to replace her aortic valve, she was born with a defective valve. The total medical bill, from diagnostic through rehab was just over $250,00, (I forgot what Medicare paid), our cost for her Plan N was $320, which included the Part B deductible. Her Plan N costs $72 a month. During her rehab I walked with her with my Sketcher walkers, very comfortable.

Hi Erik - Yesterday I discovered and watched some of your very informative videos. I subscribed to your channel. I would like to comment concerning that Medicare does not cover everything, specifically, lab patient collection centers misleading posted notices on their walls. If you go directly to a lab with a prescription for blood tests and one or more of the requested tests had a wrong ICD-10 diagnosis code (Dx), such that codes don’t match as allowable by Medicare, per the lab's computer, the lab will ask you to sign an Advanced Beneficiary Notice (“ABN”) whereby it is stated that the lab believes Medicare will not cover the service and you sign agreeing to be billed. What the wrong code translates to is that based on the diagnosis (code), Medicare deems the procedure/service not medically necessary and therefore is not covered. That is different from a particular procedure not being covered in all cases. The lab collection centers have, what I deem to be misleading posters in their patient waiting rooms. The posters state that while Medicare does not cover everything, if your doctor ordered a test, it is important for your health that you get the test even though Medicare does not cover it. That is very deceiving. Medicare covers almost all tests; the situation is usually not that the test is not covered, but that it is not covered based on the (wrong) code submitted by the doctor. The lab would much rather Medicare not cover the test, and you, the patient, agree to pay for it. Why? Because when Medicare covers and pays for the service, the lab gets generally about 10% of the amount that they billed. If Medicare does not cover the test, the lab can collect 100% of the bill from you. So of course, the lab would rather bill you than Medicare. So, always, decline to sign an ABN and decline the test, get a new prescription from your doctor with the proper code, and then go get the test. If the initial test (blood draw) was done in your doctor’s office, rather than at the lab, have your doctor send the proper code to the lab with a request the lab to rebill Medicare. Both methods have always worked and I have never had to pay for any of the tests after a corrected code was submitted. A.B.

I just retired and I’m trying to decide which way to go. I’ll be 70 when I begin my Medicare full time. I have several medical issues that can worsen as time goes on. A big factor for me is the underwriting. It’s my understanding that you can be dropped anytime from advantage plans due to underwriting and if you decide to go to Medigap, you must undergo underwriting, all of which equates to much higher premiums and or denials. There is no such problem with Plan G. I also understand that Plan N goes through underwriting yearly as well which can affect your premiums. BTW, I’m more of a Sketcher guy.

Can I ask what software do you suggest for being able to put everything together to plan out the retirement flows? I presume there is something out there for DIYers to let you plan it out one way, then try it a different way to see how your total retirement income compares...