Retirement planning is the process of asking questions to ensure that you manage your risk against unexpected events, save enough for retirement, avoid pitfalls in the investment process and think about what happens to your legacy after you die.
Our goal is to help our clients with everything from their health to their wealth.
Medicare Advantage Plans are another way to get your Medicare Part A and Part B coverage. Medicare Advantage Plans, sometimes called “Part C” or “MA Plans,” are offered by Medicare-approved private companies that must follow rules set by Medicare.
The term “Original Medicare” refers to Medicare Part A and Part B. Part A helps cover the cost of hospital-related care, including inpatient services, lab tests and surgery. Part B is the medical insurance component of Medicare, which helps cover doctor visits, outpatient care and certain preventive services. Both Part A and Part B are administered by the federal government.
Medigap is Medicare Supplement Insurance that helps fill "gaps" in Original Medicare and is sold by private companies. Original Medicare pays for much, but not all, of the cost for covered health care services and supplies.
An indemnity plan supplements your existing health insurance coverage by helping pay medical expenses, like part of hospital stays. Depending on the plan, indemnity insurance gives you cash payments to help you pay for the added expenses that may come while you recovery.