Home Guides & Resources chevron_right Retirement chevron_right Health Care Medicare Resources in ONE Location Published September 27, 2022 Navigating Medicare presents numerous challenges, including meeting deadlines and understanding the resulting financial penalties if you miss them. We’ll offer some clarity and Medicare resources in ONE location. Tip: For straightforward financial advice, subscribe to The Adviser You Can Talk To podcast. Also, click here to explore and sign up for more of our expertise on a variety of topics in various formats. Drawing upon Adviser Investments’ decades of experience, we’ve created extensive Medicare resources to help you understand and maximize your benefits, including a comprehensive special report, an engaging podcast and detailed blog posts. Tip: As your parents age, it’s likely you’ll become more involved in their financial, mental and physical care. Read our special report, Helping Your Aging Parents, to help prepare for what lies ahead. To quickly find the information you need, simply click, go and learn: Special Report: Medicare Made Simple Podcasts: Medicare Made Simple Blog Posts: 7 posts, including: How to Select the Best Medicare Advantage Plan and 5 Medicare Enrollment Mistakes to Avoid Special Report Medicare Made Simple Let’s face it, Medicare is confusing. Some options are required, others optional; there are strict enrollment windows and a range of plan options and combinations. Understand when you must enroll, what each plan covers, how much Medicare costs and important considerations for Parts A, B, C, D and Medigap. Get It Here Podcast Medicare Made Simple Three Adviser Investments planning professionals discuss everything you need to know about Medicare and how to view it as part of your broader retirement needs and goals. Gathering facts today about Medicare will help you avoid penalties and find the most cost-effective coverage when you’re ready to enroll. Get It Here Blog Posts Health Care for Early Retirement If you’re wanting to retire early, it’s important to plan how you’ll handle your health insurance needs before turning age 65 and qualifying for Medicare. Rather than put a dent in your retirement budget, learn about these five alternative options for interim health care coverage. Read the Post How to Select the Best Medicare Advantage Plan Medicare Advantage is a Medicare-approved plan from a private company and is an alternative way to get Original Medicare Part A (inpatient hospital insurance) and Part B (outpatient medical insurance). To choose the best plan, be sure to factor in these two key considerations and watch out for this one exception. Read the Post Answers to Popular Medicare Coverage Questions Our financial planners have received many Medicare questions over the years. It’s no wonder some topics keep arising once you take all the deadlines, exceptions, letters and options into account. Questions like, “When is Medicare’s Open Enrollment?” or “Does Medicare require a referral to see a specialist?” and many more. Get the answers here. Common Medicare and Social Security Scams in 2022 There’s no shortage of Medicare and Social Security schemes. Scammers want your personal or financial information for the purposes of stealing your identity, your money or submitting fraudulent Medicare claims using your personal information. Their stories and strategies change often. Protect yourself from popular (and sneaky) scams, including the infamous “Pigeon Drop.” Read the Post 5 Medicare Enrollment Mistakes to Avoid Did you know that contributing to an HSA after you enroll in Medicare is considered an “excess” contribution by the IRS and comes with a 6% penalty? Or, you could end up paying higher Medicare premiums if you forget to file Form SSA-44. Learn about three more costly Medicare mistakes. Read the Post The ABCs of Medicare Since Medicare’s creation in the 1960s, it has been expanded and amended several times, leaving participants facing a confusing hodgepodge of rules and terminology. Understand what all the letters (Part A, Part B, etc.) in the alphabet soup of Medicare mean. Our post breaks down Medicare’s benefits by the letter. Read the Post Fine-Tuning Your Medicare Coverage Medicare’s Annual Election Period (AEP) runs from Oct. 15 through Dec. 7, a time when recipients must decide whether to make changes to their plan. But beware: The devil is in the details, including these four key considerations. Also, understand what you can change versus what you can’t. Read the Post Important When Considering Medicare Resources To protect the integrity of your Medicare benefits, financial security and personal identity, the best course of action is to only provide your Medicare number to your doctors. And, if you don’t know the answer to a Medicare question, start here or here to find accurate information. Want help navigating Medicare’s complexities? Contact Adviser Investments anytime for assistance. We pride ourselves on being The Planner You Can Talk To. Tax and legal information contained herein is general in nature, is provided for informational purposes only, and should not be construed as legal or tax advice. Personalized tax advice and tax return preparation is available through a separate, written engagement agreement with Adviser Investments Tax Solutions. We do not provide legal advice. Always consult a licensed attorney or tax professional regarding your specific legal or tax situation. Our statements and opinions are subject to change without notice. All investments carry risk of loss and there is no guarantee that investment objectives will be achieved. © 2022 Adviser Investments, LLC. All Rights Reserved. Tags: medicare