Turning 65 Medicare Top 5 Mistakes - YouTube

Hi, Devon West here I run Medicare saving solutions.

In this video we'll go over the top five big mistakes people make when they're turning

65,at the end of the video is the biggest mistake, and you can either skip to that if

you don't want to watch the rest of the video or you could just watch all the mistakes.

So, you can make sure to avoid them when you're turning 65, stay tuned.

Alright.

So, the first big mistake people make when they're turning 65 is they wait too long to

learn about Medicare in the Medicare supplement plans and Medicare Advantage plans and the

Medicare Part D prescription drug plans, if you wait too long you really could mess yourself

up in the future, you want to have this information by three months before the month of your birth

or two months is fine, but don't wait till the month before, if you rush into it you

could end up on the plan that's not right for you and really cost yourself in the future;

on to the second big mistake, a lot of people make this mistake when they're turning 65

and it's very easily avoidable, they don't take Medicare Part B when they're first eligible

for it, it may save you money now not having to pay the Medicare Part B premiums, but the

problem is down the road when you finally need it, they'll tack on a penalty on top

of your monthly premium for the rest of your life.

So, it could end up costing you a lot more money than you had thought; the other problem

with it is that, if you go without Medicare Part B or any other health insurance, if you

end up in the hospital or have any other type of problems then you could have huge medical

bills, and you don't want that.

So, make sure you get Medicare Part B when you're first eligible for, it unless you have

what's called creditable coverage, creditable coverage is coverage that is as good as or

better than Medicare, and if you do have that then you won't be penalized, if you go without

Part B and sign up for that a later date, if you don't have credible coverage again,

just make sure you get it when you're first eligible.

So, the third mistake is a silly mistake, but it's a big one nonetheless, a lot of people

do make it, they buy the most spensive plan they can find thinking it's the best thing

for them, if it's a Medicare supplement plan F that they got for $300 a month, they could

get that same thing for $200 a month, if it's a Medicare Advantage plan that's $100 a month,they

may be able to get the same coverage for zero or $20.00 a month.

So, you really want to do your research and make sure that you get the best plan available

for your specific needs, everybody's a little bit different and you just don't want to buy

the most expensive plan thinking that that's going to give you the best coverage, because

you could just end up spending way too much money for the plan that you have, the agents

love it, because they'll get the most Commission out of it, but it's not a good thing for you.

Mistake number four you get a plan, because somebody told you that the plan that they

have has done awesome for them and it's going to be the best thing for you as well that's

not always the case the best plan for you may be different from the best plan from your

neighbor your husband wife sister brother or whoever else.

So, you want to make sure that you get the best plan for your specific needs whether

it's your health needs or your financial standing, all these things have an effect on what plan

is best for you.

So, just because someone tells you that their plan is really good and it's done awesome

for them, it may not be the same way for you and it could get you in a lot of trouble in

the future.

So, be careful and don't do that.

So, the fifth and biggest mistake people make when they turning 65 they talk to the wrong

agent, there are two types of agents you really want to steer clear of when you're turning

65, the first is a lazy agent, the second is a captive agent, a lazy agent is an agent

that will sign you up when you're turning 65 they'll get their Commission's and you'll

never hear from them again.

So, when your benefits change or your premiums skyrocket in the future you won't be able

to get ahold of them, because they're off servicing the next person turning 65 instead

of servicing any of their previous customers.

So, you really want to be careful, because they can really mess you up in the future,

when you can't get ahold of them to make any changes and you have to get another agent

start all over.

So, it's hard to figure out, if they are a lazy agent they're not going to tell you they're

lazy.

So, you'll want to ask a couple questions just to make sure that they will be available

for you in the future, or if they already take care of the current customers.

The second type of agent you really want to steer clear of is a captive agent, a captive

agent is an agent that can only represent one company and their plans alone.

So, in the beginning they might have the best plan for you and they might not, if it is

the best plan for you in the beginning, that's great, but in the future a couple years down

the road when the plan changes or the premiums skyrocket they're still going to tell you

that plan is the best thing for you no matter what, because that's what they get paid to

do.

So, there might be a lot of other options out there that could either save you money

or get you better benefits, but they won't tell you what is available, because they don't

sell those plans.

So, who do you talk to, the best person to talk to you is an independent agent, an independent

agent is an agent like us at Medicare saving solutions, and what we do is we represent

all of the top plans available to you, and we shop all of them every year to make sure

you're always taken care of, we don't leave you high and dry after you turn 65, we always

will service you in the future.

So, when your plan changes or your premiums go up then we can shop the plans again to

make sure you always have the best plan for you.

If you need help finding the best Medicare supplement plan available for you or the best

Medicare Advantage plan to fit your needs or the best Medicare Part D prescription drug

plan to fit your needs, you can always give us a call at the number below: 1-800-663-5707.

We help hundreds of people every year tofind the best plan to fit their specific needs,

then we help them year after year to make sure they�re always taking care of.

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