Blog
Introducing Medicare
Introducing Medicare (Read instead of Watch) This is Andrew Bennett, I am the owner, operator, and chief bottle washer at InsuranceThatFits.com. Today’s Introducing Medicare Video is tailored for people who are turning 65 or just becoming eligible for Medicare. What...
How do the Medicare Trust Funds Work?
I’m Andrew Bennett and welcome to today’s show. On the program today we will be discussing the Medicare Trust Funds. You may have heard that Medicare is nearly bankrupt or insolvent and we will address that tonight. When discussing Medicare and it’s finances you...
How to Apply for Medicare
I’m Andrew Bennett and welcome to today’s show. On the program today we will be discussing how to apply for Medicare. The very first thing I’m going to tell you is that if you are already receiving Social Security then your card will just magically show up in the...
What if Medicare Did Not Exist?
Think about this…what if Medicare didn’t exist? The least expensive policy (outside of Medicare) I can get a 65-year-old here in my zip code in East Tennessee is $750 a month (2021). On top of that the plan is just rot. It has an $8550 deductible, 0% Co-Insurance,...
What is a Medicare Excess Charge?
In order to make a good decision you have to ask, "What is a Medicare excess charge?" When you are deciding on what Medicare Supplement you may notice that most of them do NOT cover excess charges. This sounds ominous and horrible and as a result people often buy...
The Out of Pocket Maximum
(The "out-of-pocket" maximum is, in my opinion, the most important part of any health insurance policy. Traditional Medicare has no Out-Of-Pocket Maximum Many of you may have heard me say before that the largest drawback to traditional Medicare is that it has no out...
Which Doctors Can I Use When I am On Medicare?
Medicare and Networks, how does it all work? In the world of Medicare you have several choices, but the first is to decide whether to go with “Traditional” Medicare or with a Medicare “Advantage” plan. What doctors you can go to will be highly impacted by this...
Traditional Medicare vs Medicare Advantage?
Traditional Medicare vs Medicare Advantage plan? Which way do I go? Do I choose a Medicare Advantage plan that has a built in pharmacy benefit? Or do I go with Traditional Medicare and get a separate part D plan and a separate supplement…and then which supplement? ...
When can I shop and update my coverage under Medicare?
I get a lot of questions about Medicare open enrollment. This is a question a lot when people have when they are turning 65 and they aren't sure what they want to do. They want to make sure they can make changes down the road if they need to. Well...here's the...
Medicare Advantage Plans, would your insurance agent have one?
Medicare Advantage Plans are sold by insurance agents. Medicare supplement plans (aka Medigap) are also sold by insurance agents. As I've posted elsewhere insurance agents typically make much more in commission the first year you sign up for an Advantage plans than...
The “Sweet Spot” in Medicare
The HDG and HDF supplements offer a great balance of low monthly premium and moderate out of pocket costs. As you know from some of my other articles sticking with traditional Medicare and a supplement can give you better control of your healthcare as you won't be...