Join Medicare expert Melinda Caughill for an essential webinar designed to educate both financial advisors and their clients on the significant changes to Medicare taking effect in 2025, just in time for the Medicare Annual Enrollment Period. This session will provide critical insights into how these changes will impact Medicare beneficiaries and the strategies you need to know to optimize your healthcare coverage. Understanding these upcoming modifications will help you make informed decisions during the Medicare Open Enrollment, which runs from October 15 to December 7 each year. Learn how to navigate the new $2,000 cap on out-of-pocket prescription costs, the introduction of mid-year notifications for Medicare Advantage policyholders, and the new regulations for agents and brokers.
By the end of this webinar, you will be able to:
1. Why every Medicare beneficiary should review their coverage EACH and EVERY year.
2. Understand the new $2,000 annual cap on out-of-pocket prescription costs: Learn how this cap will affect Medicare Part D enrollees and strategies to manage out-of-pocket expenses effectively.
3. Navigate the Medicare Annual Enrollment Period: Gain insights into the key dates and decisions to make, including switching between Original Medicare and Medicare Advantage plans.
4. Utilize Medicare Advantage supplemental benefits: Understand the new mid-year notification system and how to take full advantage of unused supplemental benefits.
5. Adapt to new regulations for agents and brokers: Learn about the upcoming changes to sales incentives and compensation for Medicare plans, ensuring beneficiaries receive unbiased and optimal advice.
*CE/CPE Eligible: 1.5 CE credits are available to FEN Members with these designations: CFP, CLU, ChFC and RICP. CPA members will earn 1.5 CPE credits.
Field of Study: Specialized Knowledge
Prerequisites: There are no prerequisites for this session.
Advanced Preparation: None
Program Level: Basic
Delivery Method: Group Internet Based
NASBA Approved
Financial Experts Network (Sponsor Id#: 145173) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.