The ABC’s of Medicare

It is open enrollment season for Medicare! On today's show, we are going to discuss Medicare with expert Ray Martin. We will be covering the different types of plans, premiums, and tips you should be aware of as you reach age 65 and beyond.    Read and get additional financial information: https://doncashpodcast.com/podcast/the-abcs-of-medicare/   More Resources:  A Brief History of Medicare - https://www.medicareresources.org/basic-medicare-information/brief-history-of-medicare/ Medicare Handbook – https://www.medicare.gov/medicare-and-you The Nuts and Bolts of Medicare Book - https://martinmedicare.lpages.co/fmbcom/   What we discuss:  0:45 – Our guest Ray Martin 2:27 – Medicare basics 4:09 – Part A and B Medicare 5:44 – True universal coverage 6:54 – Premium for Medicare 10:20 – Working past 65 12:36 – Medicare supplements 15:22 – Medigap policies 17:18 – Medigap premium range 20:19 – Irmaa surcharge 21:46 – Medicare advantage plans 27:15 – Advantage plans and out of pocket expenses 29:45 – Key dates Oct 15th – December 7th 33:15 – After open enrollment 36:35 – Big limitations with switching 37:34 – Part D prescription drug plan 41:04 – Mistakes to avoid during open enrollment