Medicare 2025 Drug Plan Changes: What You Need to KnowIn this episode of Medicare GPS, hosts Jamon and Paula White, founders of Four Oaks Medicare Planning, discuss the significant changes to Medicare drug plans in 2025 due to the Inflation Reduction Act. They elaborate on the introduction of a $2,000 out-of-pocket max for Part D drug plans, how insurance companies are dealing with increased financial burdens, and the elimination of the coverage gap phase. Additionally, they offer insights into special needs plans for chronic conditions, share a success story, and provide practical tips for navigating the new Medicare changes. Make sure to like and subscribe for more updates and visit their vlog for further details!

00:00 Welcome to Medicare GPS

00:26 Medicare Drug Plan Changes in 202502:51 Understanding the New Phases of Prescription Drug Plans

05:39 Navigating the $2,000 Out-of-Pocket Max

07:16 Medicare Advantage Open Enrollment Period

10:52 Special Needs Plans for Chronic Conditions

14:00 Inspiration and Health Resolutions14:44 News and Updates

15:34 Closing Remarks and Next Episode Preview

Welcome to our latest podcast episode, "Medicare and Working Past 65 Years Old," where Paula and Jamon White delve into the complexities and options available for individuals who continue working past 65 and what that means for their Medicare.

In this episode, we cover:

• Medicare Enrollment: Key timelines and important considerations for enrolling in Medicare when you are already reitred and when you're still employed.

• Employer Health Plans vs. Medicare: How to decide between sticking with your employer’s health plan or transitioning to Medicare, and what factors to consider for optimal coverage.

• Impact on HSA Contributions: The implications of Medicare enrollment on Health Savings Accounts (HSAs) and strategies for managing your HSA effectively.

• Penalties and Pitfalls: Common mistakes to avoid, such as late enrollment penalties, COBRA and misunderstandings about coverage overlaps.

• Case Studies and Expert Advice: Real-life scenarios and professional insights to help you make informed decisions about your Medicare.

Whether you’re approaching 65, planning to work past this milestone, or simply seeking to understand your options better, this episode is packed with essential information to help you navigate your choices confidently.

Don’t forget to like, subscribe, and leave a review if you find this episode helpful. Your support helps us bring more valuable content to the world!

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#Medicare #RetirementPlanning #WorkingPast65 #HealthcareCoverage #MedicareEnrollment #SeniorHealth #HSA #MedicareTips #RetirementHealthCare #SeniorLiving #HealthcareDecisions #MedicareAdvice

Medicare, working past 65, retirement planning, Medicare enrollment, healthcare coverage, employer health plans, Health Savings Accounts, HSA, Medicare penalties, retirement health care, senior health insurance, Medicare tips, Medicare expert advice, healthcare decisions.

Medicare Advantage gets a bad rap, especially from doctors. Find out why doctors hate these types of plans, but why it still might be the best route for you or your family member.

In this episode, Paula and Jamon unpack Medicare Advantage and all its sins and its great features for beneficiaries.

To set up a FREE 15-minute consultation to answer any of your specific questions click here: https://calendly.com/fouroaks/15min

Or call 1-800-419-8757

To download our FREE Medicare Survival Guide here:

https://gofouroaks.ac-page.com/medicare_guide

Visit: https://www.gofouroaks.com for more information

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