I’ve been blessed to have worked a full career where my employer had paid for our families health care. Then after retirement, I pay $130.00 per month to keep the plan, but it’s only available until you turn 65. Then it drops off. That’s when our Medicare kicks in, and to my surprise and eye opening, with substantial monthly premium increases!
We had an informational meeting with a company that specializes in explaining all the Medicare plans available along with pricing. WOW what an eye opener I had!
I was expecting an increase in monthly premiums, but not quite as much as I was shown. But it is what it is and next May I’ll be joining that group of “ol-folks” who are all in that same boat.
I have to commend David Burkart of Senior Benefits Group. He spent 3½ hours with me going over the separate plans Medicare offers. Plus with the help of his tablet, showed me all the participating private insurance companies that offer supplemental insurance, along with their monthly premiums.
David sure did save me hours and hours of research time on the computer, and I’m very thankful we had this meeting. When it gets closer to my 65th. birthday, all it will take is a short phone call to him and he does all the paperwork for me. No charge! I asked him who pays his company and himself to furnish this type of service. His response was the insurance companies. So I said that if I went to the same insurance company that we picked, I could get the same policy for less monthly costs because they don’t have to pay your company. He assured me that I would find the exact same price.
So this morning I did just that. I got on the web, went to the insurance companies web site, clicked in my choices and presto…..the exact same monthly premium! So I feel confident David was telling me everything truthfully. For those who might be questioning, the insurance company from AARP furnished me with the most coverage for the least monthly premium. This will be looked at yearly, by making a phone call to David for updates.
I would highly recommend anyone getting ready to sign up for Medicare to get in touch with one of these types of companies, to go over all the options. There is way more to it than the average person knows!