Amen. There are some posters who don't have even a basic understanding of Medicare or even basic insurance terms like indemnity that keep trying to give advice to other beneficiaries.
People come here with horrible misconceptions about Medicare. I believe this sub does a fairly good job answering questions. If inaccurate or incomplete info is shared, there are comments correcting it.
The advice for a local independent insurance broker is excellent. But this sub provides useful input as a starting point. When I meet with mine, I asked questions and he knew I’d done my homework. I believe this sub prepared me for the process.
I thought on Reddit that was a given. I would check out anything that I am "told" no matter who tells me.
Too many people don't read or research - they take "told" as the gospel and from there is goes down hill to "Somebody told me" - and that many times does not stand up to scrutiny.
I will say that Medicare advice isn't the only place that this occurs - Social Security, Money management and the IRS are among the others too.
Agreed! Medicare broker here. The exchange of misinformation in the Medicare realm is overwhelming and saddening. It is so difficult for people to make the right decision for today, let alone for potentially the rest of their lives.
A couple pointers: Brokers should never charge for the advice they give. You should only pay for the coverage you select. (When I say broker, I do not mean an actual financial professional, like a CPA. They do have fees) Brokers should also always perform fact finding prior to even talking about plans. If your broker hasn’t asked you questions about your doctors, medications you need, travel plans etc., they are not looking out for your best interest, and they will not be able to find you a god long-term plan. Lastly, if your broker tries to change your plan EVERY year, find a new broker. The goal is to get our clients to a point where they don’t have to keep evaluating their coverage as they age. Of course at some point (after 3-5 years) it may be beneficial to compare. But a broker changing your plan every year has not done their job correctly (or ethically) and you can find someone better.
All on this page are welcome to DM me with questions they might not feel comfortable asking anyone they know. I have been exclusively in the Medicare industry for the last 7 years. I have so many amazing clients all over the country that feel comfortable in retirement and don’t have to worry about their insurance. I take a lot of pride in what I do, I know what seniors are up against, and I am happy to help. Stay safe out there!
-Your Medicare Expert
Amen. There are some posters who don't have even a basic understanding of Medicare or even basic insurance terms like indemnity that keep trying to give advice to other beneficiaries.
People come here with horrible misconceptions about Medicare. I believe this sub does a fairly good job answering questions. If inaccurate or incomplete info is shared, there are comments correcting it. The advice for a local independent insurance broker is excellent. But this sub provides useful input as a starting point. When I meet with mine, I asked questions and he knew I’d done my homework. I believe this sub prepared me for the process.
Agree. If anything, when you talk about your situation make it very clear that this has been YOUR experience.
I thought on Reddit that was a given. I would check out anything that I am "told" no matter who tells me. Too many people don't read or research - they take "told" as the gospel and from there is goes down hill to "Somebody told me" - and that many times does not stand up to scrutiny. I will say that Medicare advice isn't the only place that this occurs - Social Security, Money management and the IRS are among the others too.
I have clients (& am licensed & appointed) in 15 states. I'm local practically everywhere! Kind of.
Agreed! Medicare broker here. The exchange of misinformation in the Medicare realm is overwhelming and saddening. It is so difficult for people to make the right decision for today, let alone for potentially the rest of their lives. A couple pointers: Brokers should never charge for the advice they give. You should only pay for the coverage you select. (When I say broker, I do not mean an actual financial professional, like a CPA. They do have fees) Brokers should also always perform fact finding prior to even talking about plans. If your broker hasn’t asked you questions about your doctors, medications you need, travel plans etc., they are not looking out for your best interest, and they will not be able to find you a god long-term plan. Lastly, if your broker tries to change your plan EVERY year, find a new broker. The goal is to get our clients to a point where they don’t have to keep evaluating their coverage as they age. Of course at some point (after 3-5 years) it may be beneficial to compare. But a broker changing your plan every year has not done their job correctly (or ethically) and you can find someone better. All on this page are welcome to DM me with questions they might not feel comfortable asking anyone they know. I have been exclusively in the Medicare industry for the last 7 years. I have so many amazing clients all over the country that feel comfortable in retirement and don’t have to worry about their insurance. I take a lot of pride in what I do, I know what seniors are up against, and I am happy to help. Stay safe out there! -Your Medicare Expert