Medicare Mistakes

Medicare Open Enrollment is on the horizon, and so is a flood of TV commercials informing clients about their best Medicare Advantage options. However, Medicare Advantage commercials do not inform clients about all of their Medicare options or key details they need to be aware of to avoid costly coverage gaps and penalties. In this webinar, Elaine Floyd examines 10 common Medicare mistakes that advisors can help clients avoid. She explains critical enrollment considerations involving Medicare Parts A and B, Medigap, COBRA, employer insurance, health savings accounts, and Part D prescription drug plans.

Elaine also discusses how Medicare Advantage plan restrictions, IRMAA surcharges, and a spouse’s insurance needs can affect retirement planning decisions. Through practical case studies, she demonstrates how advisors can help clients compare coverage options, coordinate enrollment deadlines, and anticipate both current and future healthcare needs.

Learning Objectives: 
- Identify common Medicare enrollment mistakes that may result in coverage gaps, late-enrollment penalties, or unexpected expenses.
- Explain how Medicare coordinates with employer coverage, retiree insurance, COBRA, Medigap, and health savings accounts.
- Compare Original Medicare, Medicare Advantage, and employer-sponsored insurance based on costs, coverage, and provider access.
- Evaluate how income changes and financial transactions may affect clients’ IRMAA surcharges and Medicare premiums.

Accessing the webinar:
You can find your custom link by accessing the email confirmations that have been sent to you via email from webinar.host@bigmarker.com. You can also find your individual sign-on link within the downloadable calendar invite for the webinar.

Continuing Education (CE): 1.5 Credits
For attendees who want to receive CE credit for designations managed by the CFP Board, IWI, and American College, we will report your attendance directly to these organizations within 72 hours as long as you enter your certification numbers during registration and attend the live session for at least 75 minutes.

For attendees who want to receive CE credit as an Investment Adviser Representative (IAR), we will report your attendance directly to FINRA within 72 hours as long as you enter your certification numbers during registration and attend the live session for at least 75 minutes. Additionally, Kitces Members must have purchased the IAR Add-on to have their CE reported to FINRA as an IAR.

NASAA does not endorse any particular provider of CE courses. The content of the course and any views expressed are my/our own and do not necessarily reflect the views of NASAA or any of its member jurisdictions

For attendees who want to receive CE credit as a Certified Public Accountant (CPA), you must attend the live session for at least 75 minutes and complete all polls presented at the live event. A certificate will be provided to you for self-reporting to NASBA.

All attendees who meet the minimum attendance requirement of 75 minutes will also receive a completion certificate that you can use to report CE to other organizations. We don't report for state-level insurance licensing although some states may accept completion certificates if you self-report.

Recordings:
Non-Members: Those who are NOT Kitces.com Members will have access to the recording for 30 days. Though continuing education is available for the live session, the recording is not CE eligible. 

Kitces.com Basic & Premier Members: The video presentation and a recording of the live Q&A will be available on the Webinars page in the Members Section. Note: If you were not able to attend the live session for the full 50 minutes, successful completion of a quiz will be required in order to receive CE for viewing the RECORDED VERSION posted to the Members Section.