Medicare-Explained Parts A & B (Advantage vs Supplement)

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  • เผยแพร่เมื่อ 8 มิ.ย. 2024
  • This video is made for anyone turning 65 within the next two years. if you will soon be new to Medicare, this is where you start your journey.
    Medicare Explained 2023 Part A & Part B plus Medicare Advantage vs supplement plans
    By the end of this video you will know what you want to do with your Medicare and what choice you wish to make.
    0:00 Introduction
    02:00 Table of Contents
    03:04 Sign-up for Medicare
    03:35 Medicare Part A
    05:40 Medicare Part B
    07:20 (IRMAA) Income Related Adjustment Amount
    09:10 Two Greatest Benefits of Original Medicare
    11:21 Option #1 Original Medicare Alone
    13:09 Option #2 Medicare Advantage Plans
    22:33 Medicare Advantage Benefits Misconceptions
    27:26 When to get a Medicare Advantage Plan
    28:20 Summarize Option #1 & Option #2
    29:35 Option #3 Medicare Supplement Plans
    35:12 Medicare Supplement Important Bullet Points
    37:00 Medicare Supplement Initial Enrollment
    38:20 How to Avoid a Permanent Mistake
    40:52 Bonus Pro-Tips
    CONTACT US 800-847-9680 or
    medigapseminars.org/contact-us/
    How & When to Enroll in Medicare
    • How To Sign Up for Med...
    Medicare Explained - Secret of Who & Why
    • Medicare Explained 202...
    Original Medicare Benefits / IRMAA / IG Reports
    medigapseminars.org/resources/
    Medicare Supplement Plan N vs Plan G
    • Best Medicare Suppleme...
    Medicare Advantage Cost More than Original Medicare
    www.kff.org/medicare/issue-br...
    Once you understand the basics of Medicare Part A & Medicare Part B you will be faced with making one of three choices with your Medicare. This can be one of the most important decisions that you make in Medicare. It will set you on a course that can impact the quality of the medical Care that you receive and it could potentially be irreversible.
    Learn about Medicare Parts A & B, Medicare Advantage Plans, medicare supplement plans and the choices you must make once you start Medicare.
    Medicare explained so you know the choices you must make.
    #MedicareExplained #Medicare2023 #medicarepartb #medigapseminars #medicareschool

ความคิดเห็น • 637

  • @MedigapSeminars
    @MedigapSeminars  3 หลายเดือนก่อน +2

    Click here to subscribe: th-cam.com/users/medigapseminarsorg?_confirmation=1

  • @teresaspencer6387
    @teresaspencer6387 6 หลายเดือนก่อน +37

    After hours and hours and hours (and days) researching the differences and what I need, this video gave me the knowledge in 45 minutes. Thank you!

    • @MedigapSeminars
      @MedigapSeminars  6 หลายเดือนก่อน +2

      You are welcome. Of course, we do much more. If you want personalized consultation please reach out. medigapseminars.org/contact-us/

  • @jennydorrell8143
    @jennydorrell8143 6 หลายเดือนก่อน +11

    Great information that I dont believe most senior citizens are aware of. Almost criminal what they do to our elderly. So thankful I got an honest agent.

  • @geagle1708
    @geagle1708 7 หลายเดือนก่อน +17

    I just became a health insurance agent this year at the age of 70. I appreciate your explanation of the differences and I am disappointed that I was not given better information and chose an Advantage plan. No one explained how the supplemental plans work as well as you do. Now I can explain it to my future clients so they can make an informed decision.

  • @tonieplacide-oy4xx
    @tonieplacide-oy4xx 7 หลายเดือนก่อน +16

    Why we taxpayers spent all our lives paying for medicares and when we retire we still have to pay for plan B? That can go to 170 to 200 bucks a month? 😢😢

    • @philmarsh3859
      @philmarsh3859 2 หลายเดือนก่อน

      Better yet, why don't we have socialized medicine or single-payer?

  • @JackDazey
    @JackDazey 10 หลายเดือนก่อน +35

    As a life and health insurance agent in New York, that provides Medicare coverage to policy holders I found this video very helpful in explaining in simple terms, the disadvantages advantages of how we should now decide to choose a coverage. This video is super helpful and I appreciate you sharing knowledge.

  • @fishingpinky3165
    @fishingpinky3165 ปีที่แล้ว +20

    Just went to a Medicare and MA plan provider. All she wanted to do was sell us a MA plan and not talk about regular Medicare. She was not aware I had been educating myself for months on these plans. I figured she was getting a higher fee. Thanks for doing what most on YT and TV are not factually telling the difference.

    • @jeanelegarrett3273
      @jeanelegarrett3273 11 หลายเดือนก่อน +2

      I wish I had understood I have no medical help only prescriptions i completely forgot I had to switch back the first year so now I’m stuck !

  • @hedhtr4
    @hedhtr4 6 หลายเดือนก่อน +11

    Finally a clear lesson on just what is a health plan that covers and what it does not. Thank you

  • @gunawin2
    @gunawin2 2 หลายเดือนก่อน +1

    I'm a Medicare broker and this video explanation of Medicare is the best I have seen.

  • @vitrock1
    @vitrock1 ปีที่แล้ว +56

    I am currently 63 and researching as much information as possible to help me make the best Medicare decisions in the near future. This video is the best Medicare overview I have come across so far. Your presentation was very informative and easy to understand. I look forward to watching the other videos you offer on specific Medicare topics.

  • @Augusto88359
    @Augusto88359 หลายเดือนก่อน

    finally some concrete answers!!! Thank you!!!

  • @jill1060
    @jill1060 4 หลายเดือนก่อน

    So glad I found this! Thank you so very much!

  • @lifechoices7869
    @lifechoices7869 ปีที่แล้ว +1

    That was so thorough! Thank you!

  • @debbiehedrick9396
    @debbiehedrick9396 11 หลายเดือนก่อน

    Very Helpful! Thank you so much!

  • @EstacadaOregon
    @EstacadaOregon 9 หลายเดือนก่อน +12

    Great advice. It's best to do A, B and supplement G and the prescription supplement. The other is to go with an insurance company who has been in business for a long time vs one that has been in business for a short time.

  • @T18skyguy
    @T18skyguy ปีที่แล้ว +28

    Great video Matthew. I worked in health care my whole life. Most folks don't know that when you get admitted to a hospital, you sign a big stack of forms. One of those forms gives the hospital permission to put a lien on your home. If your not insured, or under insured, a lien on your home can force the sale or could lead to medical bankruptcy. Good insurance is so important. Thank you for your great presentations.

    • @MedigapSeminars
      @MedigapSeminars  ปีที่แล้ว +7

      Very good point. The #1 cause of bankruptcy in the U.S. is healthcare. Good insurance is critical to good financial health.

    • @ace1926
      @ace1926 8 หลายเดือนก่อน +2

      @@MedigapSeminars- I have never heard of any such thing as a Lien on your home. How can this be. How can I avoid being "Under Insured". This sounds like a Medicare Advantage Plan?

    • @MedigapSeminars
      @MedigapSeminars  8 หลายเดือนก่อน +1

      @@ace1926 I have not heard of it either.

    • @michaelsmith6928
      @michaelsmith6928 8 หลายเดือนก่อน +3

      @@ace1926underinsured is simply not having the correct insurance that you need when you need it (large deductibles, no providers, etc.) that may leave you exposed.

    • @beekind6267
      @beekind6267 8 หลายเดือนก่อน +2

      😮😮😮😮😮😢

  • @BeammeupSpotty
    @BeammeupSpotty 4 หลายเดือนก่อน

    nice job!!!! very comprehensive. Thanks!!!!

  • @joyceperez5505
    @joyceperez5505 6 หลายเดือนก่อน +5

    YES AS A RETIRED NAVY NURSE...I AGREE .ITS INTENTIONALLY CONFUSING SO THAT THOSE COMPANIES CAN MAKE MONEY OFF OF PEOPLE...STAY WITH ORIGINAL MEDICARE UNTIL YOU UNDERSTAND OTHER CHOICES.... IF YOU GOW WITH ADVANTAGE PLAN ..YOU CAN NOT GO BACK T[ ORIGINAL PLAN... SO SUPPLEMENT SEEMS BEST CHOICE TO LOOK TOWARD YOUR FUTURE...AND CAN AFFORD IT.....

    • @MedigapSeminars
      @MedigapSeminars  6 หลายเดือนก่อน

      Re: "AS A RETIRED NAVY NURSE." .... My oldest son s a Navy Corpsman. My father was career Navy. I used to tell my son about a multi-year medical event I had that none of the doctors could figure out. But a Navy Corpsman looked at my record and said "I have an idea, let's try this.... By the end of the day he found a benign bone tumor in my left tibia that was pinching my sciatic nerve for more than four years. Hat's off to Navy Corpsman!

  • @dianajohnson7708
    @dianajohnson7708 4 หลายเดือนก่อน

    Best info I have found so far for such a confusing subject. Thank you!

  • @rh-bd6wv
    @rh-bd6wv ปีที่แล้ว +8

    As always, helpful and informative.

  • @richblanchfield1870
    @richblanchfield1870 10 หลายเดือนก่อน +1

    Very helpful and for a starter it added much clarity and pitfalls. Will continue to watch additional videos.

  • @glennwojcik2342
    @glennwojcik2342 6 หลายเดือนก่อน +1

    I am deeply thankful.

  • @MrsKuhn.2
    @MrsKuhn.2 ปีที่แล้ว

    Thank you so much. You really helped in somewhat, understanding the difference between advantage and supplements.

  • @tandajohnson8689
    @tandajohnson8689 10 หลายเดือนก่อน +1

    this is the best info I've had so for! Thank you!

  • @kimmcroberts5111
    @kimmcroberts5111 9 หลายเดือนก่อน +2

    Thank you so much for your work😊

  • @maryfraser5345
    @maryfraser5345 5 หลายเดือนก่อน

    Very useful and concise - thank you!

  • @BriarBeats
    @BriarBeats ปีที่แล้ว +1

    Thank you for your knowledge and God Bless you Matthew!

  • @lilliewalls1293
    @lilliewalls1293 3 หลายเดือนก่อน

    Very knowledgeable. Very informative. Easily understood.

  • @barbarahoff8073
    @barbarahoff8073 ปีที่แล้ว +3

    Excellent information! Helped me to calm down about choosing what to do!

  • @stevebilkos3092
    @stevebilkos3092 3 หลายเดือนก่อน

    This video cleared up so much for me, thank you a ton!!

  • @Crystal-pixie
    @Crystal-pixie 11 หลายเดือนก่อน +1

    Excellent presentation. I wish I had found your tube info sooner.

  • @user-ry5kh7nv9y
    @user-ry5kh7nv9y 11 หลายเดือนก่อน +2

    You always explain everything so clearly and completely.. Excellent! Thank you so much for such a sensible presentation..

  • @DietrichSchindler
    @DietrichSchindler ปีที่แล้ว +5

    Excellent! Thank you so much for such a sensible presentation.

  • @szlvid6
    @szlvid6 2 หลายเดือนก่อน

    Thanks for posting!🌱

  • @lolitvaldez4859
    @lolitvaldez4859 3 หลายเดือนก่อน

    Thank you very much. It surely helps me to understand much better. You explained it clearly that no one had done it to me.

  • @envisagecyan2027
    @envisagecyan2027 ปีที่แล้ว +8

    Thank you so much - best practical, understandable, explanation video I have watched! Will be checking out your other videos as well.

  • @beagrov1955
    @beagrov1955 ปีที่แล้ว +1

    Amazing explanation made easy...I've wasted a month doing my own research..then i find your video!..awesome! And thank you!!

  • @wagsman9999
    @wagsman9999 4 หลายเดือนก่อน +1

    this was very informative - thank you

  • @MaryOuwinga
    @MaryOuwinga 10 หลายเดือนก่อน +2

    I am preparing for my time in a few years. Thank you for making a very messy confusing process way clearer.

  • @dr.jayphd7658
    @dr.jayphd7658 10 หลายเดือนก่อน +1

    Thanks for the information 👍

  • @velanche
    @velanche ปีที่แล้ว +3

    This video was very informative. It helps clarify what the choices are in ways that brings clarity. Thank you!

  • @rickdavid1795
    @rickdavid1795 ปีที่แล้ว +6

    I’m almost 65.
    This video helped me immensely.
    Thank you
    Subbed.

  • @armyveterano9388
    @armyveterano9388 4 หลายเดือนก่อน

    Thank you for this Video . Sincerely Appreciated ❤

  • @user-sy2cy4np1e
    @user-sy2cy4np1e 7 หลายเดือนก่อน

    U have helped me greatly!! Ty

  • @RuddyArteagaBroker
    @RuddyArteagaBroker 4 หลายเดือนก่อน

    Appreciate this video immensely!!!!

  • @normagertz9055
    @normagertz9055 8 หลายเดือนก่อน +1

    Excellent information. Gracias

  • @ctwilk1
    @ctwilk1 6 หลายเดือนก่อน +3

    I love this guy, so honest!!!

  • @user-fj1iw3rx6j
    @user-fj1iw3rx6j 5 หลายเดือนก่อน

    Thank you so much for this video very informative will be watching your other videos

  • @michaeleenneher4454
    @michaeleenneher4454 18 วันที่ผ่านมา

    This is a fantastic lecture. Well organized. Nicely presented. And exceptional information. Thank you.

  • @user-lk1hv8mt9y
    @user-lk1hv8mt9y 8 หลายเดือนก่อน +2

    I am learning so much from watching your videos. Thank you so much for sharing this amazing source of information. This one is quite helpful.

  • @hhhnnn2205
    @hhhnnn2205 5 หลายเดือนก่อน

    I was so confused with all the choices. After watching this video it's all clear. Thank you

  • @carolsisti7203
    @carolsisti7203 5 หลายเดือนก่อน

    Very informative video. Thank you 😊

  • @somponesakdy826
    @somponesakdy826 ปีที่แล้ว +5

    This guy explain really simple and clear to all the questions I have about Medicare.

  • @lmullen9478
    @lmullen9478 ปีที่แล้ว +1

    Excellent! I'm turning 65 next month!

  • @jhors7777
    @jhors7777 ปีที่แล้ว

    Thank you for posting this helpful video

  • @constanzewhite9099
    @constanzewhite9099 หลายเดือนก่อน

    Thank you ! You made it easy

  • @babayega965
    @babayega965 ปีที่แล้ว

    thank you and great job

  • @nea_star
    @nea_star ปีที่แล้ว +21

    super helpful! Trying to help my parents figure out retirement and healthcare, and this was just what I needed to get started. A million thanks!

  • @villabuck6391
    @villabuck6391 6 หลายเดือนก่อน

    Very nice it helps me to understand medical
    Tha n k you very much

  • @2901nc
    @2901nc 7 หลายเดือนก่อน +7

    Excellent! Appreciate your plain explanations. I forwarded this and Part D shopper to many friend's "children" who make decisions for their parents without research.

  • @bethrosa9047
    @bethrosa9047 6 หลายเดือนก่อน +3

    Great video! I need to learn this for my mother in law who is 70 years old

  • @christineheikkenen9276
    @christineheikkenen9276 ปีที่แล้ว +15

    Thank you so much for these videos. I just signed up through your company, and I am so pleased. You really did the work for me when researching companies in my state and area, and gave me the choices with pros and cons of each. Without these videos, I would not have been educated enough to make the best choice. I am pleased with my Medigap plan and my prescription plan. I feel the peace of mind that I made the best decisions based on the options I had, all within my budget.

  • @marieowens2656
    @marieowens2656 ปีที่แล้ว +1

    Thank you so much.so helpful. I am retiring after 48 yrs at my job n you answered so many questions.

  • @Eyeris625
    @Eyeris625 ปีที่แล้ว +1

    Thank you so much for the video! I thought I had to choose an advantage plan... so thank you

  • @QuadeQuick
    @QuadeQuick 3 หลายเดือนก่อน

    Matthew, thank you very much for this excellent content.

  • @telsamorgan5369
    @telsamorgan5369 10 หลายเดือนก่อน +2

    Your videos are very useful and provide lots of information. I have received lots of help after watching this post, please continue to share this kind of information. Thank you.

  • @fitzml1485
    @fitzml1485 9 หลายเดือนก่อน +10

    This is the most informative and well-organized video I've come across. Thank you.

  • @user-vg5df2yp4x
    @user-vg5df2yp4x 5 หลายเดือนก่อน +1

    Thanks for the new video! I’m looking forward to seeing what other content you post! Always good to learn as much as you can!

    • @MedigapSeminars
      @MedigapSeminars  5 หลายเดือนก่อน

      This video is a year old. 😊 I have > 100 videos you can find by subscribing.

  • @philmarsh3859
    @philmarsh3859 2 หลายเดือนก่อน

    Thank You!

  • @pamwilson4235
    @pamwilson4235 ปีที่แล้ว

    Thank-you

  • @TheScontra112
    @TheScontra112 8 หลายเดือนก่อน +3

    Thank you for the information, I finally understood the difference between Advantage Plan vs Supplement plan, now I know that Supplement G is better choice. Will check part D seminar

  • @AlyssasBlogs23
    @AlyssasBlogs23 5 หลายเดือนก่อน +3

    I am currently in school for medical coding. Also, fighting for health insurance as I am a type one diabetic and a full-time student in my program.. Although I am also looking for a health insurance program for the cheapest possible, this video has helped me so much with understanding Medicare better for my schooling and has opened up a lot of new terms for me that I will be looking into when choosing my own health insurance. Thanks for this awesome explanation of Medicare!

  • @ocean694
    @ocean694 9 หลายเดือนก่อน

    thanks so much !

  • @rodkramer8879
    @rodkramer8879 ปีที่แล้ว +8

    Have been on Medicare for years, but have learned a lot from watching your videos. Thanks for making them. I have a few health issues so I chose a plan G a long time ago. Has worked out great for me. I have found to check the premium for plan G from different company's can change the premium for that plan. Just have to answer all the health questions again and get acceptance from the new company if I understand it all. I know if my new company excepts me I will save almost a hundred dollars a month on premium. Thanks again for all the info you provide.

  • @asokasl
    @asokasl 8 หลายเดือนก่อน +1

    A fantastic explanation! Thank you!

  • @soynima
    @soynima 8 หลายเดือนก่อน +1

    I am new to this but this video has been very informative. 👍

  • @wozitoyadude138
    @wozitoyadude138 7 หลายเดือนก่อน +1

    Very clear explanation. Thank you.

    • @MedigapSeminars
      @MedigapSeminars  7 หลายเดือนก่อน

      You are welcome! feel free to reach out to us for personalized help. medigapseminars.org/contact-us/

  • @MedigapSeminars
    @MedigapSeminars  ปีที่แล้ว +36

    This video is ideal for anyone starting Medicare in the next year. It’s an update of my 2017 video by the same name that became the #1 Medicare TH-cam video and held that position for years. My apologies one of the cameras is out of sync. Embarrassing and entertaining at the same time. You may also like my free Medicare mini-course available on my website here: th-cam.com/users/shortsKWoFRfhwNDA or medigapseminars.org/

    • @laneruholl706
      @laneruholl706 ปีที่แล้ว

      Òoòòò9iii999i8ijììììììììììììò Iowa ò

    • @MikeAnn193
      @MikeAnn193 ปีที่แล้ว +1

      Oh, whew... I'm so glad you realize. That's what I came here to say. It's surprisingly distracting, so I have to look away from the TV when that view appears.

    • @RJ-kh4kb
      @RJ-kh4kb 11 หลายเดือนก่อน

      Great information
      I was so confused

    • @christyhopewell6296
      @christyhopewell6296 10 หลายเดือนก่อน

      😊😊😊

  • @deborahwallace8656
    @deborahwallace8656 ปีที่แล้ว +1

    Thank you SO MUCH! This was so helpful!

  • @Crookedroadpodcast
    @Crookedroadpodcast 5 หลายเดือนก่อน

    This was great. I probably have 6 hours just trying to find a resource that can assemble all these pieces for me. Should've checked TH-cam first. It's as though none of the people that have a good understanding of these options are willing to share it. Thank goodness you are willing and very able to do so. Thank you.

  • @SteveReneMedia
    @SteveReneMedia 7 หลายเดือนก่อน +1

    ❤❤ Thank you.

  • @veronica0406
    @veronica0406 7 หลายเดือนก่อน +1

    Thank you so much for this video!

  • @user-xg1zp6lw5u
    @user-xg1zp6lw5u 6 หลายเดือนก่อน +4

    Thank you. I’ll keep my supplement plan. I’m 70 years old now and it’s the best I’ve found to date.

  • @rosalielee2398
    @rosalielee2398 10 หลายเดือนก่อน +2

    I like your explanations! They are the most clear I’ve found!

  • @kmgreenrph
    @kmgreenrph หลายเดือนก่อน

    Very informative

  • @zinaidalevina4521
    @zinaidalevina4521 7 หลายเดือนก่อน

    Thank you.

  • @jackhale8903
    @jackhale8903 7 หลายเดือนก่อน

    Thanks! You are a lifesaver!!!!!!

    • @MedigapSeminars
      @MedigapSeminars  7 หลายเดือนก่อน

      You are very welcome, and thank you for the tip!

  • @conradcg
    @conradcg 7 หลายเดือนก่อน +3

    This video is much easier to understand than the Medicare booklet that the CMS issues yearly. It is presented in terms that are easy to understand. Thank you.

  • @thomaswilke6312
    @thomaswilke6312 ปีที่แล้ว +3

    This is the most comprehensive introductory video on Medicare. Thank you very much for taking the time and meticulous preparation in making this video

    • @MedigapSeminars
      @MedigapSeminars  ปีที่แล้ว

      you are welcome. Please reach out to us for more personalized guidance. 800-847-9680

  • @lorilandwehr803
    @lorilandwehr803 7 หลายเดือนก่อน +1

    Fabulous video!! Thank you

  • @annaszpak777
    @annaszpak777 3 หลายเดือนก่อน

    Thank, you for your time and knowledge God Bless you

  • @ronaldraymayuga9053
    @ronaldraymayuga9053 9 หลายเดือนก่อน +2

    Thank you. This is very informative!

    • @MedigapSeminars
      @MedigapSeminars  9 หลายเดือนก่อน

      You are welcome. Feel free to reach out to us for more personalized help. 800-847-9680

  • @6achill
    @6achill 2 หลายเดือนก่อน

    great video, thanks!

  • @ax1798
    @ax1798 9 หลายเดือนก่อน

    Very helpful

  • @grady6149
    @grady6149 7 หลายเดือนก่อน

    Thank you for all the information !

  • @donnananar1556
    @donnananar1556 8 หลายเดือนก่อน

    God bless and protect you guys always! Thank you so much again.🙏🏻❤️

  • @valeriedavis2466
    @valeriedavis2466 6 หลายเดือนก่อน +4

    Finally someone who explained Medicare vs Advantage in layman's terms. I am (70) years young and was so confused over the years about these two options. Thank you for taking the time to explain in detail what I should have known (5) years ago. I feel so much better!!! 😊

  • @cristianamarante6161
    @cristianamarante6161 ปีที่แล้ว

    Excellent video. The best of many I have seen.

    • @vickierodriguez-yr9rh
      @vickierodriguez-yr9rh 6 หลายเดือนก่อน

      Thank you so much for your information. I have researched on both Origiinal Medicare and Medicare Advantage. Your video made it so clear. My only problem is dental and vision which was why I considered Medicare Advantage. Do you have any suggestions on how to get this coverage if I go with Original Medicare

  • @delorescunningham331
    @delorescunningham331 8 หลายเดือนก่อน +3

    This was the best detail video explaining Medicare plans. Making a decision will be much easier with the plan comparison information. Thank you so much!!

    • @MedigapSeminars
      @MedigapSeminars  8 หลายเดือนก่อน

      You are welcome. Feel free to contact us for more guidance: medigapseminars.org/contact-us/

  • @rishabkumar72694
    @rishabkumar72694 หลายเดือนก่อน

    fantastic video!