Listen "Preparing for Medicare: Essential Tips from Laura Crouse | Repair The Roof Podcast"
Episode Synopsis
👉Get started on your estate plan—watch our, on-demand workshop: https://www.daytonestateplanninglaw.com/how-to-not-go-broke-in-a-nursing-home-even-if-you-think-its-too-late/In this conversation, Laura Crouse, a Medicare specialist, discusses the intricacies of Medicare, including eligibility, enrollment periods, and the differences between Original Medicare and Medicare Advantage plans. She emphasizes the importance of understanding the costs associated with each plan and the lack of long-term care coverage under Medicare. The discussion also touches on the future of Medicare plans and the potential changes in the healthcare landscape.Takeaways Medicare eligibility typically starts at age 65.Part A covers hospital services, while Part B covers medical services.Enrollment for Medicare has a seven-month window around your 65th birthday.Original Medicare does not cover prescription drugs; that's Part D.Medicare Advantage plans can offer additional benefits but may have network restrictions.Costs for Medicare can vary significantly based on the plan chosen.Medicare does not cover long-term custodial care.Rehabilitation services may be covered under Medicare if skilled care is required.Switching between Medicare plans is possible but may have restrictions.The future of Medicare Advantage plans looks promising as they adapt to consumer needs. Resources:Gudorf Law GroupThe Ohio Estate Planning Guide - Free BookGudorf Law: What We Do and How We Help WebinarDon't Go Broke in Nursing Home WorkshopWhen a Loved One Dies: A Legal Guide - Free BookSubscribe on YouTube
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