Health Wars: Medicare Costs

Luke 14 talks about the cost of being a disciple. In the passage, a king prepares for war by counting his troops; he does his homework to make sure he is prepared. At a certain age, you are most likely going to have to confront a health war, where you will pay thousands of dollars for health care. It is important to prepare for this and know how you are going to pay the costs. Understanding Medicare Supplements is the first place to start.

Hans tells a story about a 71 year old client who was interested in retirement planning. Through this, Hans was able to lower the price she was paying for her Medicare supplement by $140, even though she was reluctant at first because she liked her insurance company so much. Through a little education, he was able to give her more tools to fight her health war.    

Medicare supplements cover the gaps that are left by Original Medicare. The supplements are standardized by the government, which means the same plans are offering the same benefits,  the only difference between the companies offering them is the price. It is important to not over value the company, the real benefit is coming to you from the plan you choose. On CardinalGuide.com, there is a tool that allows you to run a Medicare Supplement quote and see what every company in your area is charging for the same benefit. You can run this for free without giving any personal information!

Hans and Robby also discuss Medicare Advantage plans. Theses plans take you off Original Medicare. They also have networks. It is important to know what Medicare route you are taking or have already taken in order to be prepared to properly fight the health war.

Don’t forget to get your copy of “The Complete Cardinal Guide to Planning for and Living in Retirement” on Amazon or on CardinalGuide.com for free!

You can contact Hans and Cardinal by emailing hans@cardinalguide.com or calling 919-535-8261. Learn more at CardinalGuide.com.