Podcast summary and Notes on "cost of medicare"

Turning 65? Here’s Everything You Need to Know About Signing Up for Medicare

Are you or someone you know approaching age 65 soon? This is the episode for you! Tune in to this episode to learn how to sign up for Medicare health insurance and choose the right Medicare plan for you.

In this episode of Off the Wall, hosts Jessica Gibbs and Emily Harper welcome John Norce, the President and Founder of Medicare Portal, an independent organization that offers education and guidance in navigating Medicare so you can make informed decisions regarding your healthcare benefits. Throughout the conversation, John provides valuable information and advice you need for enrolling in Medicare in 2022 and beyond.

You’ll learn about the cost of Medicare and Medigap coverage, when you’ll be eligible for Medicare, the potential benefits of changing your Medicare Part D plan each year, how to appeal your Income-Related Monthly Adjustment Amount (IRMAA) bracket, which is connected to your Medicare Premium and income and much more.

Episode Timeline/Key Highlights:

[00:50] Introducing John Norce & The topics of today’s episode.

[02:14] Explaining the different “parts” of Medicare (Parts A-D, G, and F).

[06:17] Which Medicare plan is right for me? Which Medicare plan is the most popular in 2022?

[07:42] The flexibility of Medicare & Important things to consider when enrolling in Medicare.

[10:06] About the Medicare Advantage Open Enrollment Period (OEP).

[10:49] How to choose the right Medicare plan for your retirement, especially if you’ll be traveling.

[17:57] Tips for managing your Medicare Part D plan.

[22:03] Who is eligible for Medicare health insurance?

[28:52] Medicare Costs & How the Income-Related Monthly Adjusted Amount (IRMAA) impacts your Medicare premium.

[37:57] How Medicare expenses are projected to change over the next 10 years.

[44:54] How to avoid the biggest mistakes people make when enrolling in Medicare (Tune in if you have COBRA!).

Relevant Resources Mentioned:

Medicare Portal: https://bit.ly/3MRGz9F

Medicare Enrollment Checklist: https://bit.ly/3MHxU9T

About John Norce:

John Norce is the President and Founder of Medicare Portal, an organization that offers guidance in navigating Medicare so you can make informed decisions regarding your healthcare benefits. Today, with a collection of foremost industry thought leaders and entrepreneurs, Medicare Portal has become an authority in Medicare education and enrollment.

Currently, John serves as the Northern Virginia Chapter President of the National Association of Financial Advisors, where he also contributes monthly to their Advisor Today publication. Additionally, he is an active member of the National Association of Health Underwriters and the Financial Planning Association.

John is passionate about finding ways where he can impact the Medicare Portal family and his community. For over a decade, he was blessed with the opportunity to grant wishes through the Make-A-Wish foundation, and for the past 30 plus years, he was privileged to coach youth baseball and basketball across Northern Virginia. Finally, he enjoys his role as a certified continuing education instructor as it provides him the opportunity to educate his professional associates on Medicare.

Connect with John:

Connect with him on LinkedIn: https://www.linkedin.com/in/john-norce

Connect with Monument Wealth Management:

Visit our website: https://bit.ly/monumentwealthwebsite