Catching Up to FI Beyond the Alphabet Soup: Expert Tips for Mastering Medicare & Avoiding Pitfalls | Danielle Roberts | 102
This episode explores the intricate and confusing world of Medicare with leading expert Danielle Roberts. Danielle is founding partner at Boomer Benefits, an agency that has helped thousands of ordinary Americans learn and navigate their entry into Medicare since 2005. She's also author of the bestselling book '10 Costly Medicare Mistakes You Can't Afford to Make'. Danielle breaks through the confusion and explains Medicare's history, enrollment rules, Parts A, B, C, and D, and the differences between Medigap and Medicare Advantage plans. Discover the importance of early planning, common pitfalls to avoid, and critical decisions about Medicare coverage.
Thank you to our sponsors:
Boomer Benefits: The nation’s leading family-owned Medicare brokers https://boomerbenefits.com/catchingup/
DeleteMe: Your personal data is yours again. Hands-free subscription service that removes you from data broker sites. Enter the code Catchingup at checkout to get 20% off http://joindeleteme.com/catchingup
Resources mentioned on the show: (As an Amazon Associate, I earn from qualifying purchases.)
🌐 Boomer Benefits Website: https://boomerbenefits.com
Boomer Benefits YouTube Channel: https://youtube.com/@boomerbenefits
Boomer Benefits Facebook Group: https://m.facebook.com/groups/BoomerBenefits/
📗 10 Costly Medicare Mistakes You Can't Afford to Make: https://amzn.to/3BLdL1b
Catching Up to FI Health Savings Account Episode Part 1, Episode 98: https://www.youtube.com/watch?v=8vaUH8UfPTQ&t=3629s
Catching Up to FI Health Savings Account Episode Part 2, Episode 99: https://www.youtube.com/watch?v=36S67X4s4pc&t=8s
🕒 Timestamps/Chapters:
00:00 Introduction to Medicare Planning
00:25 Common Medicare Mistakes
01:28 Welcome to Catching Up to FI
02:04 Shoutouts and Acknowledgements
03:31 Introducing Danielle Roberts
05:31 History and Evolution of Medicare
07:59 Medicare Eligibility and Enrollment
10:55 Understanding Medicare Parts A and B
18:40 Medicare Part D: Drug Coverage
27:24 Medigap Plans Explained
36:56 Medicare Advantage Plans
42:17 Understanding Medigap and Medicare Advantage Plans
44:00 Cost Savings with Medicare Advantage
45:21 Tips for Medicare Advantage Plan Holders
46:57 Using HSA Dollars for Medicare Premiums
50:56 Common Medicare Mistakes to Avoid
01:08:22 The Importance of Reviewing Your Coverage Annually
01:12:19 Final Thoughts and Future of Medicare
Disclaimer: Our content is for general education and information purposes only. We are not providing financial, legal, or tax advice. Always do your own research or consult a professional before making important decisions.