10-23-26 Medicare Open Enrollment: Avoid Costly Mistakes

Medicare Open Enrollment is here, but are you making the right choices for your retirement healthcare coverage? From Medicare Advantage and Medigap Plan G to prescription drug coverage and high-deductible health plans, understanding your options could help you avoid costly mistakes. Richard Rosso & Jonathan McCarty break down the differences between Medicare Supplement policies, issue-age versus attained-age pricing, Medicare Advantage networks, and Part D prescription drug plans. We also discuss why reviewing your Annual Notice of Change matters, how to choose a Medicare broker, and when leaving your Health Savings Account (HSA) untouched could benefit your long-term retirement strategy. Plus, Halloween candy prices are up 8% year over year, we're preparing for Halloween with candy corn martinis and animatronics, and Grand Theft Auto 6 raises questions about workplace productivity. We'll also touch on Function Health testing, Little Debbie cakes, and the rising cost of seasonal celebrations. 0:00 - INTRO 0:19 - Prepping for Halloween & Candy Corn Martini 3:44 - The Price of Halloween Candy up 8% YOY 6:37 - Dressing Up for Halloween & Animatronics 8:53 - Grand Theft Auto 6 lost productivity 11:14 - Annual Medicare Enrollment Season - Medigap plans 14:11 - Issue Aged vs Attained Age Plans 15:24 - Shopping Medigap Policies (Plan-G) 18:15 - When Not Touching Your HSA Pays Off 19:44 - Switching to High-deductible Plans 21:53 - More Halloween Candy & Little Debbie Cakes 23:08 - Consideration of Function Health Testing 27:20 - What About Medicare Advantage? 28:58 - Verify your doctor/hospital system 29:53 - What is "margin repair?" 32:10 - Part-D Drug Coverage - The Biggest Challenge 34:06 - Taking a Look at the Other Medicare Letters - too many choices 36:55 - The Medicare Rights Center guide 39:13 - The Annual Notice of Change 42:00 - Choosing a Medicare Broker ==== Hosted by RIA Advisors' w Director of Financial Planning, Richard Rosso, CFP, w Senior Investment Advisor, Jonathan McCarty, CFP Produced by Brent Clanton, Executive Producer ------- Do you enjoy our content? Rate us on Google: https://bit.ly/4b9JtEo ------- Watch Today's Full Video on our YouTube Channel: https://youtube.com/live/I6dc8PdOYN8?feature=share -------- Watch our previous show, "The Fed Is Making a Mistake," https://youtube.com/live/Pun9DDwpOOw ------- * REGISTER for our next in-person event, "Retirement Blueprint: 12 Steps to a Financially Savvy & Secure Retirement," Saturday, November 7: https://realinvestmentadvice.com/resources/events/ ------- Get more info & commentary: https://realinvestmentadvice.com/insights/real-investment-daily/ ------- Visit our Site: https://www.realinvestmentadvice.com Contact Us: 1-855-RIA-PLAN --- Subscribe to SimpleVisor : https://www.simplevisor.com/register-new --- Connect with us on social: https://twitter.com/RealInvAdvice https://twitter.com/LanceRoberts https://www.facebook.com/RealInvestmentAdvice/ https://www.linkedin.com/in/realinvestmentadvice/ #MedicareOpenEnrollment #MedicareAdvantage #Medigap #RetirementPlanning #HealthSavingsAccount