Understanding Medicare Advantage Open Enrollment in Retirement

Published: Jan. 8, 2024, 9 a.m.

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In this Episode of the Secure Your Retirement Podcast, Radon and Murs have our in-house Medicare specialist, Shawn Southard, discuss the Medicare Advantage open enrollment. With an education background and a servant\'s heart, Shawn is passionate about helping people find the right Medicare plans.

Listen in to learn about the benefits of a Medicare Advantage plan and the reasons for the Medicare Advantage open enrollment period. You will also learn why someone would choose to go with a Medicare Advantage plan over the original Medicare plan, plus the strategic downsides of the former.

In this episode, find out:

\\u25cf     The couple times you can get into Medicare in a year and the open enrollment available for Medicare Advantage holders.

\\u25cf     Medicare Advantage plan \\u2013 all the same benefits offered by original Medicare plus a few extra things.

\\u25cf     The reasons why people do a Medicare Advantage plan as opposed to the original Medicare plan.

\\u25cf     The strategic downsides of going with a Medicare Advantage plan, which includes their network plans.

\\u25cf     Why a Medicare Advantage holder would want to change from one plan to another within the plan.

Tweetable Quotes:

\\u25cf     \\u201cMedicare Advantage or Part C is just another way people can get their health coverage during their Medicare journey.\\u201d - Shawn Southard

\\u25cf     \\u201cIf you\\u2019re a Medicare Advantage holder, you can use the time from January 1st to March 31st to find another Medicare Advantage plan that your doctor is in a network.\\u201d- Shawn Southard

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.

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