949-300- 3022 neil@insurance-oc.com

Long-Term Care Simplified

  WHAT IS LONG TERM CARE (LTC)? It is NOT medical insurance. Rather, it covers “Activities of Daily Living” which include eating, bathing, getting dressed, toileting, transferring, continence and dementia. Note: care does not have to occur in a...

Employer Coverage vs Medicare

Some people equate Medicare to an HMO. However, you can choose a “Medicare Supplement Plan” in which you can go to any provider that accepts Medicare – no referral needed! MEDICARE SUPPLEMENT PLAN BASICS:  You can go to ANY provider in the U.S.A. as...

Medicare Part B Costs and IRMAA

Medicare Part B Costs and IRMAA ,For 2020, the base cost of Part B is $144.60 – but it can be more based on your income. The acronym for this cost adjustment is IRMAA (Income-related Monthly Adjustment Amount). To see a chart of IRMAA charges, click here. Note...

Medicare Part B – What if you lose it?

Short answer: If you lose Medicare Part B it can be a major catastrophe. So if you’re not already set up on auto-pay, you might want to consider it – click here. Note: If you’re drawing Social Security, your Part B is probably being auto-deducted from there. WHAT CAN...

How to Pick a Medicare Advantage Plan

Every year when the new plans come out, I make a spreadsheet of all the benefits – across all the plans. It’s amazing to see how similar all the plans are to each other. The biggest differences between the plans (generally speaking) are not even the...