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2024 Medicare Costs UPDATES | Advantage vs Supplement Battle 🥊

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The Retirement Nerds

The 2024 Medicare costs are out, it's important to be aware of the Advantage vs Supplement battle. In this video, we'll discuss the pros and cons of each plan's costs, and help you decide which is the right fit for you.

This is a big year for Medicare. The cost of healthcare is going to rise drastically, and it's important that you are as prepared as possible. In this video, we'll discuss the Advantage vs Supplement plan battle, and help you make the best decision for your health and wallet!

CMS Announcement:
https://www.cms.gov/newsroom/factshe...

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This video is NOT sponsored.

The Retirement Nerds is the nocost educational platform and serves to offer information around Medicare, Social Security, Financial Planning, and Estate Planning.

⏰ TIME CODES ⏰
0:00 Introduction
0:12 Assumptions
1:32 Original Medicare Costs
3:15 Monthly Premium Comparison
4:13 Drug Premium Comparison
4:57 Dental Premium Comparison
5:23 Vision Premium Comparison
5:41 Total Fixed Costs Comparison
6:55 Deductibles Comparison
7:22 Copay/Coinsurance Comparison
7:45 Excess Charges Comparison
8:10 Out of Pocket Max Comparison
9:03 Total Variable Costs Comparison
9:23 Drug, Dental, Vision Variable Costs
10:44 Final Comparison
12:28 Wrapping Up

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#medicare #medicareadvantage #medicaresupplement #medicareexplained #medicare2024

Federal Disclaimer:
We do not offer every plan available in your area. Any information we provide is limited to those plans we do offer in your area. Please contact Medicare.gov or 1800MEDICARE to get information on all your options.

posted by oludala21