Expert Guidance: Frequently Asked Questions
Medicare Questions
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How do I know which Medicare plan is right for me?
We review your current coverage, healthcare needs, and budget. Then we compare available Medicare Advantage, Supplement (Medigap), and prescription drug plans to find the best fit.
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Can I change my Medicare plan after enrolling?
Yes! Medicare has specific enrollment periods, like the Annual Enrollment Period (Oct 15 – Dec 7). During this time, you can switch plans or add supplemental coverage.
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Does Medicare cover dental, vision, or hearing?
Original Medicare usually does not cover these services. Many supplemental or Medicare Advantage plans include dental, vision, and hearing benefits.
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What if I’m turning 65 soon?
We guide you through your Initial Enrollment Period, ensuring you choose the plan that meets your health and financial needs without penalties.
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What are supplemental benefits?
Supplemental benefits fill gaps that Original Medicare doesn’t cover, such as dental, vision, hearing, fitness programs, transportation, or OTC allowances.
Life & Final Expense
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How can I maximize my benefits?
Review your current plan, explore additional benefits you might qualify for, and look into cost-saving programs like Extra Help or Medicaid savings. A licensed advisor can assist in identifying opportunities.
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What are final expenses?
Final expenses include funeral or cremation costs, burial or urn expenses, memorial arrangements, and unpaid medical bills or small debts.
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Does Medicare or Social Security cover funeral costs?
No. Social Security offers a one-time $255 death benefit if eligible, and Medicare does not cover burial or funeral expenses.
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How can I plan for final expenses?
Options include final expense insurance, prepaid funeral arrangements, or savings/trusts. These plans are typically affordable and easy to qualify for, even with pre-existing health conditions.
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Should I discuss final expense plans with my family?
Yes. Sharing your wishes and document locations helps reduce stress and confusion for your loved ones.
Supplemental &
Life/Final Expense
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What is guaranteed income for retirement?
Guaranteed income provides a steady, reliable source of funds during retirement, similar to a paycheck you cannot outlive. It helps cover essentials like housing, food, and healthcare.
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How can I convert my savings into a reliable income?
Options include lifetime income plans or structured payout strategies that provide monthly payments while protecting your principal.
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How does Social Security fit into my retirement plan?
Combining Social Security with other guaranteed income sources maximizes your resources. Delaying benefits or pairing with income plans can increase your monthly payments.
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What about long-term care?
About 70% of Americans will need long-term care. Planning ahead ensures your savings and estate aren’t depleted and avoids complications like probate.
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Do you charge for consultations?
No. Our guidance is always free and without pressure. We are paid by carriers when you enroll in a plan, not by charging you directly.