SOMA Living November 2023

MEDICARE

MEDICARE ADVANTAGE PLAN

When you become eligible for Medicare, you face a series of choices. One of the first choices involves the type of coverage you prefer. Medicare Parts A and B comprise what is known as Original Medicare. But if you prefer to enroll in a plan managed by a private health insurance company, you can choose Medicare Part C, or Medicare Advantage. Part C plans combine Part A and Part B benefits, and often include Part D (prescription drug) benefits as well. While you will still pay for Part B, the Medicare Advantage plan will administer all of the Medicare benefits for you. How to Choose a Medicare Advantage Plan With so many options out there, choosing a Medicare plan can feel overwhelming to just about everyone. Fortunately, insurance professionals dedicate themselves to learning all of the ins and outs of the different options available and can guide you toward the plan(s) best suited for your needs. First, ask yourself some important questions to begin identifying your priorities: • Are you attached to any specific healthcare providers? Do they accept any Medicare Advantage plans or only Original Medicare? • What types of insurance is accepted at your preferred hospital? • Do you frequently travel out of your coverage area, or do you spend significant time at a second home? • How much risk can you tolerate? Do you have savings or another source of funding in the event of significant medical bills? • How much peace of mind do you want to achieve? Do you need to know that your healthcare spending will remain steady over time? Or are you okay with fluctuating expenses? If you are ready to explore Medicare options, please contact me at (201) 704-7872 or rhubsmith@RHMediFactor.com; www.RHMediFactor.com

ROBERT HUBSMITH, CLTC Financial Services Professional

I help my clients (at no cost to them) get the best Medicare insurance plan to fit their unique health care needs and at the best price. Navigating the Medicare system can be confus ing and overwhelming, whether you are currently enrolled in Medicare or are newly eligible, so let me answer your ques tions, create a knowledge-based foundation, analyze options and ultimately guide you to an informed decision.

www.RHMediFactor.com

(201) 704-7872 rhubsmith@RHMediFactor.com

Robert Hubsmith, CLTC PINNACLE FINANCIAL SERVICES www.RHMediFactor.com

Rob Hubsmith is a licensed and trained independent insurance agent with over 30 years in the financial services industry. I am certified with many top Medicare Advantage, Prescription Drug and Medicare Supplement insurance plan carriers. I represent most major companies with a Medicare contract and am qualified to answer any questions you may have.

NOVEMBER 2023 | SOMA LIVING 23

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