Lot's of good updated info here, thank you! Question: are you aware of any Part D stand alone plans that would allow enrollment to a member that has residency outside of the US, primarily to avoid a premium penalty later if returning to live in the US after a long interim abroad (in retirement). Do you have a video that addresses Expat Medicare issues?

@BoomerBenefits

6 ай бұрын

Hi there - Medicare does not cover out of the US. Your Medigap policy might cover some travel benefits, but you will not have a Part D that offers coverage outside of the US. You can watch this video to learn more - kzread.info/dash/bejne/X3mGypaveL3Ug9o.html&lc=UgwQ8QhQqIdq1S7MTPF4AaABAg

I have always come to the realization that when something is over complicated. Its for their benefit not yours.

Great information. Thanks for sharing Government needs even more simplicity

@BoomerBenefits

2 ай бұрын

You bet! Thanks for watching :)

I'm still confused, so I'll have to re-run this a few times.

@BoomerBenefits

7 ай бұрын

Hi there - let us know if you have any specific questions we can help with!

@Barbie8051

2 ай бұрын

You still won't "get it" even when you watch it 20 times.. There is always something that is left out. 🤒

Thanks Danielle!

@BoomerBenefits

7 ай бұрын

thanks for watching!

Another great video, thanks! At about 9:40 you mention increases in "Supplemental Part D premiums". What exactly are those, as opposed to "Base" Part D premiums? Thanks.

@BoomerBenefits

7 ай бұрын

HI there - that is just another term for a Part D plan :)

Thank You.

@BoomerBenefits

7 ай бұрын

You're welcome

Great video! How do manufacturer discounts factor in to the coverage gap?

@BoomerBenefits

14 күн бұрын

HI there - here is a breakdown from Medicare.gov "Of the total cost of the drug, the manufacturer pays 70% to discount the price for you. Then your plan pays 5% of the cost. Together, the manufacturer and plan cover 75% of the cost. You pay 25% of the cost of the drug."

@hinglemccringleberry1824

14 күн бұрын

@@BoomerBenefits I’ve been through that page 10 times already lol. Whoever wrote it didn’t do a great job… 😂 Here’s my issue: How can the manufacturer “pay” for its own discount? It doesn’t make any sense. Drug manufacturers are SELLERS, and sellers don’t pay $, they receive $. If I put my car up for sale asking $10,000 and mark it down to $3000 for the buyer, I’m not “paying” $7000 to myself for a 70% discount. A discount is a discount, not a payment to yourself. It’s idiotic language designed to make Pharma look good. Giving a discount on an INSANE markup isn’t “paying” for anything.

Great 2024 recap!

@BoomerBenefits

7 ай бұрын

Thanks Glad!

Read that book and gave it to my brother to read excellent book

@BoomerBenefits

7 ай бұрын

So glad you enjoyed it!

If one has advantage no monthly payment for medicine. I am signed up with original g and $80 a month for meds and $125 a month for coverage. About $2,000 a year. If I change to advantage no cost. Max $3400 out of pocket with advantage and with original $240 max out of pocket. So stressful making decision. I have until Feb 29 to make a change or stick with original.

@BoomerBenefits

5 ай бұрын

Yes, it is a big decision! are you working with a Boomer Benefits agent to help you?

@beoz658

5 ай бұрын

@@BoomerBenefits I am as of now signed up with AARP UHC original G. Going to give it a try. 👍

@BoomerBenefits

3 ай бұрын

happy to hear!

What is until you reach "The Gap"?? What the H is the Gap and why do they have it..?? - - Why can't they just do this like some of the coverages in a regular insurance we might get through our place of employment...??? There are 20+ things we have to choose from... Why..? My husband and I have worked since forever (the beginning).. I just don't get it.... It should not happen to us. Why does our effing government to this to us..

@BoomerBenefits

2 ай бұрын

We understand the frustration! Next year, we will see lots of changes and this should help with the cost.