Medicare Supplements, Asset Protection and More

There are a lot of misconceptions out there about medicare supplements and asset protection. Let's set the record straight: medicare supplements are not designed to protect your assets. They are designed to cover expenses that Medicare doesn't cover, like copayments, coinsurance, and deductibles.

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However, medicare supplements can be a valuable tool for covering unexpected medical costs. If you have a medicare supplement policy, you'll have peace of mind knowing that you're prepared for anything. And that's something everyone can benefit from. Medicare supplements are an important part of a comprehensive retirement plan. With the best plan, your expenses are limited to the Part B Medicare deductible. ($233 in 2022)

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Asset protection about medicare can best be accomplished by working with an experienced retirement advisor and an elder law attorney. Elder law attorneys can help you create a plan that meets your unique needs and protects your assets from being used to pay for long-term care.

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If you have questions about medicare supplements or asset protection, contact us today so we can protect your health and assets.

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