In yesterday’s webinar, Karl Steinlage, President and Broker of Steinlage Insurance Agency, shared tips and best practices on how to navigate the ins and outs of the Medicare enrollment process. In this webinar replay, you’ll learn about:

 

💡What to do if you are working past 65 and how to avoid common mistakes

💡Open enrollment vs. initial enrollment periods

💡Medicare Supplement vs. Medicare Advantage plans

💡Ways to save money on Medicare coverage without changing the way you receive care

💡IRMAA – Medicare’s income related adjustment affecting high income earners

💡Upcoming Inflation Reduction Act (IRA) and possible changes to Medicare

💡When and how to update your Medicare coverage

 

 

Medicare Updates & Strategies for 2025 Webinar Chapters:

00:00 Intro

02:12 Karl Steinlage Intro

04:08 What is Medicare?

06:12 Turning 65? Your 3 Options

15:18 Medicare and HSAs

18:11 How to Sign Up – Aging into Medicare

21:30 How to Sign up – Unique Situations

22:42 2024 IRMAA (Income Related Monthly Adjusted Amounts)

26:05 Situations to Successfully Appeal IRMAA

29:22 The Different Moving Parts of Medicare

32:12 Medicare Supplement Plan witih Part D

36:16 Part C Medicare Advantage Plan

37:37 Comparing Medicare Supplement Plans vs. Medicare Advantage Plans (Moving Plans during Annual Enrollment Period)

41:31 Recent Growth in Total Medicare Advantage Enrollment

43:22 What is the AEP (Annual Enrollment Period)

45:01 IMPORTANT: Implementation of the Inflation Reduction Act (IRA) 2023

49:38 Miscellaneous Things to Know

51:57 What to Take Away

52:53 Q&A

1:04:20 Outro