How Can I Avoid Expensive Medicare Surprises

It is important to understand your Medicare options because you can help reduce unanticipated expenses with careful planning.

Transcript:

[Opening title card appears titled "HOW CAN I AVOID EXPENSIVE MEDICARE SURPRISES?]

[Older gentleman walks towards his wife with a small chocolate cake with a candle in it]

As your 65th birthday approaches, so does your Open Enrollment Period for Medicare.

But you might not be aware of exactly what Medicare covers and what you could end up paying out-of-pocket.

[The couple sits at the kitchen table with the husband at the computer and the wife reviewing a financial document with him]

For example, traditional Medicare doesn't cover extended long-term care. It doesn't cover outpatient prescription drugs. And it doesn't cover dental care, hearing aids or vision services. In addition, with traditional Medicare, you're also on the hook for co-pays, deductibles, and 20% of most doctor's bills.

[The wife cooks and serves up pancakes while talking further with her husband]

However, there are ways to help cover those costs. By adding supplemental insurance to traditional Medicare or choosing a Medicare Advantage plan, you can build a care program that fits your needs and budget.

[The couple sits at the kitchen table enjoying breakfast and laughing together]

Talk with a Mutual of Omaha Advisor to help navigate your Medicare options and enrollment deadlines worry-free.

[Mutual of Omaha Advisors logo appears]

Get in touch today.