Bilhartz Desert Insurance Segment – September 10, 2024
3:00 – 4:00 PM
Seg 3 – Bilhartz Desert Insurance Segment
LISTEN TO THE COMPLETE SHOW FOR DETAILS OF SUBJECTS DISCUSSED IN THIS INTERVIEW.
BILHARTZ DESERT INSURANCE w/ Brian Bilhartz. 41865 Boardwalk; Ste., 108, Palm Dessert. 92211.
– REPORT on the new program PACE, all-inclusive care for the elderly thru Eisenhower Health. One such facility is open in La Quinta. Perhaps next month.
– DISCUSSION of what the PACE Program provides for folks who quality.
– MEDICARE PART D – the most utilized component of your Medicare because you take your medications EVERY DAY.
– REPORT on the big changes for Medicare Part D coming in 2025, especially in the “donut hole”. Possible limit of $2,000. for out-of-pocket costs. Affects the formulary going forward. 33% of personal costs will go up to 50% next year.
– REPORT on Medicare Part D. For drugs. Most Medicare Advantage Plans have this. Medicare is going to put a cap in 2025 on the out-of-pocket maximum of $2000. for Part D. GREAT.
– SUBJECT FOR “JOEY PALS”
1. Agents are beginning to prepare for 2025. (Begins in June. AHIP Certification that is a special requirement for a licensed insurance agent to have a conversation about Medicare part C or D. and an agent must get this EVERY YEAR.)
2. Change to Medicare Part D, which is your prescription drugs. You can get this one of 2 ways;
a. GOOD NEWS; Putting an “out of pocket” maximum on Part D. $2,000. Max. This will automatically change, established by CMS (Centers for Medicare and Medicaid Services).
b. Part of Medicare Advantage.
– REPORT that all costs WILL INCREASE for most other folks. Watch the changes in drug costs, deductibles and co-payments.
– REPORT that is BAD NEWS is that there will be shrinking Formularies. (the list of medications that Medicare covers)
– REPORT that Brian will serve his clients in their home, in his office, on the phone. He has all the special classification to do all of this.
– (contact info; www.bilhartzinsurance.com and (760) 459-9617).
Brian
