Medicare Advantage vs. Medigap: Which plan is right for your clients?
Topic
Retirement Savings and Income Planning
Program ID
265110
Hours
1
Format
Self-Study / Recorded webinar
Complexity
Intermediate
Description
When it is time to sign up for Medicare, your clients are faced with two seemingly simple options: should I choose a Medicare Advantage plan or a Medigap contract? This single decision is perhaps the most complex and impactful one that a Medicare beneficiary will make. Choosing between Medigap and Medicare Advantage plans drastically changes what retirees will spend in terms of out-of-pocket health costs during retirement. This webinar is designed to help advisors understand the pros and cons of both to help clients enrolling in Medicare make an informed decision. Testimonial: “Fantastic info! Having someone explain the basic difference between Medigap and Medicare Advantage. Very well done.”
Learning Objectives
In this one-hour webinar you will: 1 Learn the differences between the two main products that supplement Medicare; 2. Understand how to critically look at Medicare insurance products to make sure they meet the unique needs of each client; 3.More accurately assess total health coverage spending during retirement; 4. Understand how pre-existing conditions are addressed in each Medicare supplement option.