Medicare 101 - Everything You Need to Know!

Know Your Benefits, Know Your Rights, and Know Your Options!

If you are becoming eligible for Medicare, such as turning age 65, or if you are a current Medicare beneficiary and want to improve your understanding of Medicare, this course will arm you with everything you need to know and more. During this 2024-2025 educational course we will delve into the depths of Medicare and its four parts (A, B, C, & D), as-well-as address their many myths and misconceptions. Join us for this interactive deep dive into the complex world of Medicare, presented by Michael R Cochran, Independent Insurance Broker.

COURSE SYLLABUS:

• What is Original Medicare
• When Coverage Begins
• When Do You Qualify to Enroll
• How to Enroll
• What Are the Four Parts of Medicare
• Parts A & B Benefits, Premiums, and Financial Liabilities
• Part D Prescription Drug Coverage
• Parts B & D Penalties are for Life
• Creditable Coverage
• Continuing with Employer Coverage
• IRMAA Explained
• Why Original Medicare is Not Enough
• Supplemental Medicare Plans (also known as Medigap)
• Characteristics of Drug Plans - Coverage Phases & Tiers for Prescription Drugs
• Dispelling a Myth!
• Part C Medicare Advantage
• PPOs & HMOs – Which One Is Right?
• Special Needs Plans for Qualifying Chronic Conditions & Medicaid
• Reducing Your Part B Premium