Diane Omdahl - How Does Medicare Work?
If you don\u2019t have Medicare all figured out, you\u2019re not alone. Medicare is very complicated to understand and even get into.
It is important that you start planning to enroll in Medicare in a timely manner, that is, before turning 65. But it\u2019s not necessary for everyone, some people can completely defer Medicare depending on individual situations.
In this episode of the Secure Your Retirement podcast, Diane Omdahl helps us understand more about Medicare. She is co-founder of 65 Incorporated, a recognized Medicare expert, and entrepreneur. Listen in to learn about Medicare plans, their differences, and the factors to consider before choosing a plan.
In this episode, find out:
- Diane\u2019s medical and home care background and how it led her to become a Medicare expert.
- Why you should start planning for Medicare 9 months to a year before turning 65.
- The Medicare complexities depend on situations and why you should be careful.
- Open enrollment \u2013 the opportunity to change your plan and why you should pay attention.
- Medicare landscape and the factors to consider when choosing any Medicare part.
- Understanding the original Medicare and Medicare Advantage rules and differences.
- The common mistakes people make when choosing a Medicare plan.
- The role a financial advisor plays in educating their clients about Medicare.
Tweetable Quotes:
- \u201cNinety-nine percent of people in a Medicare Advantage plan face prior authorization.\u201d- Diane Omdahl
- \u201cWhen it comes to Medicare, the smart person\u2019s the one that realizes she/he needs help.\u201d- Diane Omdahl
Get in Touch with Diane:
- Website: https://www.65incorporated.com/
Email: info@65incorporated.com
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.