Demystifying Medicare; A WTR Discussion With Danielle Roberts Wealth Tactic Rebels

A lot of people don’t know what Medicare really is. You might know that it’s a form of health insurance provided by the federal government, but do you know the specifics? If you start doing your research early, it could benefit you in terms of you knowing what your options are and how much you really should be saving in retirement that would go toward health care. Today, WTR welcomes Danielle Roberts, Medicare expert and co-founder of Boomer Benefits. In this episode, we will be discussing the difference between Medicare, Medicaid, and long-term care, and why starting to think about this process sooner, rather than at the last moment, could be a significant weight off of your shoulders when it comes time to applying for Medicare.
Ingenious tactics to accumulate wealth, for people who see things differently.
Danielle Roberts
Medicare expert and co-founder of Boomer Benefits
Website: https://boomerbenefits.com
Website 2: https://daniellekroberts.com
LinkedIn: http://www.linkedin.com/in/daniellekunkle/
Facebook: http://www.facebook.com/BoomerBenefits
Twitter: https://twitter.com/BoomerBenefits
YouTube: https://www.youtube.com/boomerbenefits
NOTES:
[00:27] Kevin: Today I'm joined by Danielle Roberts, and we will be talking about demystifying Medicare. Would you mind sharing with us a little bit about where you came from and what inspired you to do what you do today?[01:20] Danielle: I was a person that went straight into a business job out of college and worked in the staffing field for about 10 years, and then I was looking for the next thing to do[01:35] I stumbled across an insurance interview and I went and learned all about health insurance and really enjoyed that concept for a business model because you get to help people and can earn a nice living from[02:07] I originally worked with people on doing group health insurance and helping small business owners set up for coverage[02:49] Eventually I came to the idea that people must really need information on Medicare because people keep asking about it[02:58] It's a huge national beast of a health insurance program so no wonder people are confused[03:20] I went into learning about Medicare and went out and got a couple of designations and studied it for a few months until I really understood what it was and then we started offering those services[03:45] We now solely help people who are trying to transition into Medicare and make that big life change from employer coverage over to government coverage[04:30] Over the years, my brother and I have sold those policies ourselves in the beginning and then we ended up needing help and now we have 57 employees who work full time explaining Medicare to people all around the nation (making it into something you can understand)[05:09] Kevin: Let's talk about what Medicare is and a little bit about what it isn't[05:14] Danielle: Medicare is the federal government national health insurance program for people age 65 or older. When you turn 65, you are eligible to sign up for health insurances provided by the federal government instead of, or along with, your employer health coverage[05:43] Because it's an entitlement program, it's...