The Dirty Tricks Agents Are Using To Get Your Medicare Plans

[@robertagabor9128]

All insurance companies should be investigated, including home, property insurance companies.

[@richardnoll2695]

I agree with you

[@ElizzzaB]

It would be very expensive to do and who will pay for it.

[@erichchan3]

Add auto insurance as well.

[@frankbutler7109]

Investigate Gecko.

[@norman7179]

State Farm told me to replace all the plumbing, wiring, and put on a new roof if I wanted to renew my homeowners insurance. Guess they wanted to insure they would never have to make a payout, so why would I need insurance? I cancelled. At one time they said they would no longer insure houses that weren't brick.

[@lisamay4376]

Politicians in corporate and billionaire pockets. Perhaps America’s biggest problem.

[@J.M.-nb4gw]

Yep exactly 💯 and not just "perhaps" but definitely absolutely America's biggest problem, and it will never end as long as they are allowed to keep buying the politicians 🤬

[@Thumper68]

Actually they had hearings about Medicare advantage being garbage and republicans were grilling them

[@divermike8943]

I agree. Consider supporting Ranked-Choice-Voting. I think it could help. I allows independents to run without no spoiler effect or wasted votes. If your 1st choice gets eliminated your vote automatically goes to your second choice. This limits the power of the two parties who are corrupted by big $. We must do something. Google Ranked-Choice-Voting. Google non-partisan Represent Us too.

[@donchristie420]

@@lisamay4376 lol,now you got billionaires as politicians 😳

[@Camie2023]

@@lisamay4376 exactly. Get rid of lobbyist

[@Freedom-j4l]

The greed is absolutely satanic and demonic.

[@Thinkingman878]

@@Freedom-j4l it's the American way

[@haruhisuzumiya6650]

And yet they call it "maximizing shareholder value"

[@Sam4got]

I am so sorry to hear about your partner’s passing. May God be with you and your family as well as your partner’s family. Rest in peace. 🙏❤️

[@Theretirementnerds]

Thank you 🙏❤

[@JT-eq8ze]

Your honesty and illumination of the medicare insurance industry is refreshing. You should sleep well at night knowing that you are doing a service to your clients and potential clients. Well done Erik! May God rest our "fishing" friends soul.

[@Theretirementnerds]

Thank you for watching and your kind words! 🙏🎣

[@johnb9507]

I thank the Lord that I connected with an agent that cared enough to tell the truth about Advantage vs Supplement. Advantage would've been a terrible choice.

[@bordereau1]

Exactly. The Advantage plan is touted for zero cost, supplemental plans are private plans that have premium.

[@johnb9507]

@@bordereau1 But the premiums are a lot cheaper in the long run than if you ever have to actually use the insurance. That's what people overlook. Yeah great. No premiums. They never think that someday they may actually have to use the INSURANCE part. If that happens they're in for a very unpleasant surprise. When you get to be a certain age (of enough for Medicare) you can't take for granted that everything in the old body is going to continue to work the way it's supposed to. So many people disregard that very important fact of life.

[@mikebunch5553]

You're one of the lucky ones.

[@gagirl-j8p]

Erik, As a Medicare Agent for 10 years, I appreciate the truth you're sharing about rougue Medicare Agents. Unfortunately, there are dishonest and unethical individuals in every industry, and ours is no different. I'm glad to see the Centers for Medicare and Medicare finally realizing this problem, which worsened during the 2020 pandemic, getting control over misleading commercials and intrusive call centers.✅️💯

[@mikeofallon]

Your "industry" IS different. It is corrupt far beyond most. AND it promotes the status quo system, blocking real innovations that would make ppl healthier.

[@Theretirementnerds]

Thank you for taking the time to watch!

[@GwendolynStancell]

MEDICAID AND MEDICARE CENTERS 😮 😢

[@alainaaugust1932]

What is done can be undone. Don’t count on truthful commercials for these next four years.

[@Lifeislifn365]

@@gagirl-j8p I truly second everything you said however, I will say working in the Healthcare ED for 13 years the unethical-unspoken words when those plans come through is hydrated and triage out back to the PCP that may no longer accept their insurance. In other words a cycle and mounds of unpaid medical bills. So, yes I agree it's everywhere and it's wonderful to get this information while we can. Thank for your comment and thank to Erik as well.

[@furryplantsandcoins9070]

Nothing like taking advantage of the elderly, veterans, and the disabled, and the poor!!!

[@flickwtchr]

It's become the favorite American sport for the greedy and sociopathic 1%.

[@geobus3307]

I'm so sorry for the untimely loss of your close friend.

[@Theretirementnerds]

Thank you 🙏

[@greenspiritarts]

I’m so sorry for the sudden loss of your dear friend who loved fishing… Truly sorry. What I also want to say is how MUCH I appreciate your honesty and integrity. You did help me when I contacted you and you are a true knight in shining armor! THANK YOU for all that you do to make it possible for us to have some trust in this part of the process IF they work with you or the folks you recommend. Thank you!!! 💖

[@Theretirementnerds]

Thank you so much 🙏🎣

[@juphilippe]

It insane that a nation this rich can’t take care of its people with a universal solution.

[@fafworld1188]

@@juphilippe The problem I see everyday is the “one size fits all” never works. Choice with explanation has better results. No one should dictate your coverage including the government.

[@obbie1osias467]

@@fafworld1188 But a private insurance dictating your coverage is OK? Are you on Medicare right now? Do have any idea how it works? Who do you expect this fantasy expectation of your's to administer? Maybe in decades to come AI will be highly developed to come up with robots who will fix your health problems for free. But what would be the sense in having that if they just have to fix the health problems of the majority of people who don't really care about their health like what's going on now? The problem is 'PEOPLE' -- period!!!

[@juphilippe]

@@fafworld1188the “one size fits all” does work. It’s called universal healthcare and it means that everybody gets the treatment they need to stay alive and healthy. This illusion of choice is what landed the US where it is: bad life expectancy among rich countries and the elderly being scammed into bad plans for them (as the video above proves).

[@christinefunk7521]

I believe if we had universal healthcare, corporations would be cleaning up what is allowed in our food!

[@juphilippe]

@@fafworld1188the “one size fits all” solution is that every body should get the treatment they need. It’s not even about “choosing” coverage. People should have the right to live, the end. The illusion of coverage choice is just a cynical synonym to turn healthcare into a profitable product.

[@michelle-psl4441]

I am retiring in January 2025 at the age of 66 and will be leaving my employer's Blue Cross. I was anxious about navigating the Medicare madness, minutia, and marketing, and your videos have helped immensely - don't have to go fishing to find what I need!

[@Theretirementnerds]

So glad they have been helpful! Thank you so much for watching! 🎣

[@alirE2904]

Medicare plus supplement only way to go. But you will be tricked into medicare advantage

[@alirE2904]

Beware of agents that only work for one insurance co

[@johnb9507]

Avoid Medicare Advantage like the plague! You want Traditional Medicare with a supplement. The INSURANCE is more important than the freebies!

[@annevans5421]

I am definitely going to contact you at your website. I wish I knew about you two years ago when I turned 65. I am a US citizen who grew up in Canada under universal health care. I am married to a British Citizen and legal resident of the USA. He spent 37 years under the British Universal Health care system. In both systems nothing changes with your health insurance when you turn 65. Both the UK and Canadian health care systems are always trying to improve their services. The news here in the USA is filled with stories about cutting Medicare and the Affordable Care Act. Every week we talk to friends in Canada and the UK who are totally confused about our "old Age health care system". Heck we are more confused than they are. Thank you for educating us and telling us about your dear friend who enjoyed fishing.

[@Theretirementnerds]

Thank you for taking the time to watch! Happy to help however we can. 🙏🎣

[@rickw9008]

As an independent agent who offers both Supplement and Advantage plans with multiple insurers in my state, it is refreshing to know that there are others who do business in an ethical way. I have built my business organically through referrals and do not buy leads. Taking an educational approach as opposed to a sales pitch approach allows an informed decision to be made. There’s a reason something is more costly just as there’s a reason something has a very low cost. As long as the client understands this and is comfortable with the plan design, then they feel good about their decision and I can sleep at night knowing I was honest and ethical in helping them with their coverage. I appreciate the work you put into your videos and educating your viewers what to look for in an agent.

[@bloombeards812]

Same here! We always educate our clients on the behind the scenes as well because they should know how the entire system works! It helps them to be educated consumers! This video and your comment echo my feelings as well as someone who has a doctorate and been a medical provider fighting for pts needs for 14 yrs. I got into medicare ins to bring my background to help people truly undersyand the system so they can make educated and well informed decisions for their healthcare needs🙌. This year has been a perfect example of how a good and transparent agent is truly a necessity for clients… you def DO NOT want a sales person as your agent!!!

[@rightsdontcomewithpermits7073]

Cheating people every day.😂

[@lupemerrit]

The current Medicare scam phone calls drove me nuts. I had 32 calls in one day and up to 9 calls every day during their enrollment season. I told my friends to run if the company had “Advantage” on the title.

[@suemilkbone4868]

Erik, I am so sorry for the loss of your good friend, Phillip. What a devastating loss, especially if it was sudden and a surprise. I like to think that he is now up in heaven fishing with the angels. I consider you to be the most upfront, genuine and honest Medicare agent that I know and if and when it is time to switch supplement companies, I will be contacting you.

[@Theretirementnerds]

Thank you 🙏 It was sudden and a sad accident. Very tough as his friend. Even harder for his family.

[@suemilkbone4868]

@@Theretirementnerds My brother died of sudden cardiac arrest in his early 40s while playing in a church softball game in front of his wife and children, so I know how upsetting a sudden loss can be. That was 30 years ago yet it seems like yesterday.

[@Theretirementnerds]

@suemilkbone4868 😕 that's rough

[@frankkhan6259]

Is Wellcare a good insurance company?

[@sfar1778]

@@frankkhan6259 I have WellCare and they have a give back program they put $40 back on your part B and 150 towards over the counter and I think it's 1,500 to 2,000 for dental and I'm not sure about vision

[@corigram]

My uncle passed away from a massive heart attack while out fishing alone in his boat. Fishing was his passion! He was only 54 years old and left two preschool daughters behind. He was a gentle, good man who was a lifer in the Air Force, logistics division. As my mom's younger brother, he was only 12 years older than me. He is well-remembered and missed. Condolences on the loss of your friend.

[@Theretirementnerds]

So tough. Thank you for sharing 🙏🎣

[@corigram]

@@Theretirementnerds 🫶🎣♾️🌬🕯🕯🖖

[@user-hj2qi6rw3l]

The issue is insurance company is positioned between doctors and the patients. Why? This is Capitalism gone bad. And they collect premiums from the medical industry for liability insurance. Look at the bonuses executives get.

[@googleuser868]

The system is unnecessarily complicated. Like playing a shell game. We need single payer.

[@ChrisSadowski-pp1np]

@@googleuser868 that will never happen.

[@handymack5324]

We need a group of new leaders to create a single payer system

[@elwingw4321]

Apparently the young man who graduated from West Point several years ago with the slogan “communism wins” inside His hat was right all along .

[@cherihoward9864]

So grateful we’re past the signup date. Those commercials are so frustrating, they were everywhere on tv on my phone on the platforms that I like.

[@Theretirementnerds]

It's a frustrating mess

[@bethesda1146]

Eric, in the murky waters of medicare, as always you help reel in the truth! The greatest Fisherman of all makes all things possible.

[@Theretirementnerds]

Thank you so much! 🙏🎣

[@adamniederklein6965]

As an independent broker, and regular viewer of your videos, I want to reiterate how much I appreciate your work. You are a wonderful teacher. Give a man a fish, he’ll eat for a day, teach him to fish and he’ll eat for a lifetime.

[@Theretirementnerds]

Appreciate you Adam! Thank you for your support 🎣

[@AnnaReno-r4e]

A good friend helped my mom with her stuff years ago. She has stayed on that plan. It is excellent and pays well. She had a heart attack in 2017 and everything was covered along with her rehab, home health and pt later on. It costs a lot monthly, but is worth it.

[@lynb2039]

@@AnnaReno-r4e great. Whats her plan? Help by sharing the name and type

[@AnnaReno-r4e]

@lynb2039 she has united health care through AARP. She also qualifies for extra help through social security for meds. The clinic she goes to is federally funded and they have a 340b pharmacy. Hope I've answered your questions

[@lynb2039]

@@AnnaReno-r4e tyvm!

[@bordereau1]

​@lynb2039 look at the SUPPLEMENTAL plans. Anything with Advantage in it? Don't select it......

[@Honestandtruth007]

Thank God, there are people like you and thank you for your Truth 👍👍 So, ... Many Agents just Like Street HUSTLERS 😊👎👎

[@Theretirementnerds]

Appreciate you taking the time to watch!

[@hlenz1954]

I appreciate the truth you're sharing about Medicare Agents and Medicare Advanage plans and more. Thank you and God Bless.

[@Theretirementnerds]

Thank you! 🙏

[@joell439]

So sorry to hear about your friend Philip - may he rest in peace happily fishing for that one that got away. Thank you for your never ending quest to educate. 🙏

[@Theretirementnerds]

Thank you! 🙏🎣

[@sprice659ify]

I worked telephonic Medicare Advantage and Supplement plan sales for years. I closed an average of 2.4 sales per day, mostly Medicare Advantage because the entity I worked for marketed to that group of Medicare recipients. I was licensed in over 40 states and appointed with 10 companies, passed my state licensing test, yearly AHIP and carrier exams. I always considered tge offering of Supplement plans as the lazy agents product because selling Supplement plans is like shooting fish in a barrel. Many agents who only offer Supplements without offering Advantage plans or use scare tactics to stear customers away from Advantage plans, are doing a great injustice to Medicare recipients. I spoke with people who've never even heard of an Advantage plan nor offered one when they first became eligible for Medicare and spoke with an agent. Thank you for this informative and well done video. More of us need to speak out about these issues.

[@betsydoc3628]

Kudos to you again. Your mom would be proud of your forthrightness. People are ice fishing already in MN!

[@Theretirementnerds]

Thank you! 🙏🎣

[@conniesuper9892]

So very sorry for your losses. Thank😊 you for all you do!

[@Theretirementnerds]

Thank you! 🙏

[@captainmomma9414]

Fishing…the sport is fun, but not phishing to get business by doing the wrong thing to get business. I came on here to say thank you. As a fellow insurance broker, who follows you, I hear these same complaints all the time. And it saddens me too. I appreciate the thorough explanation you always give, as in this line of business you have to be thorough because they make Medicare so confusing. I hope you and your family have a Merry Christmas and a Happy New Year! Thanks again for all your hard work!

[@Theretirementnerds]

Thank you so much for watching and the work you do! 🙏🎣

[@captainmomma9414]

@ thank you for commenting. I meant to tell you how sorry I am at the loss of your dear friend/mentor. 😔🙏 I’m pretty sure I got distracted by one of my kids when I was commenting…

[@diannalocke997]

I want you to know how much you have helped me with selecting my Medicare supplement plan. I interviewed several agents before I decided. I picked the one who was honest and helpful. The agent even said I had excellent knowledge of the Medicare process and I knew a lot about the process. That was all do to you! Big THANKS for helping me!!

[@Theretirementnerds]

This makes me so happy! Thank you for watching these videos and your support over the years!

[@diannalocke997]

@@Theretirementnerds Give yourself a pat on the back! You have helped so many people! ♥♥♥♥♥

[@Queenread82]

Thank you. I know from various news agencies about the grift and exploitation of type C Advantage plans but I didn’t know about supplement plans or agency/agent tactics. I will be bookmarking this so I can reference the info later. We are getting close to retirement age and this is overwhelming. I’m so sorry about your friend, so glad for him that he “went” fishing.

[@Theretirementnerds]

Thank you for spending time with me! 🎣

[@JustinBrock]

Amazing video. I’ve said similar things but this video is extremely details. There are also medical professionals that talk negatively about MA and they are often biased. You did an excellent job.

[@Theretirementnerds]

Thank you, Justin. There are also medical providers that push MAs because comp is higher and kickbacks. A lot of shady stuff out there. Appreciate you.

[@JustinBrock]

@@Theretirementnerdsyes sir! Important to note bias works both ways.. having a broker that will actually look at your situation and make a decision to advise you like he or she would their mother is imperative. As you said in this video, the long term play is helping the customer no matter the commission.

[@ElizzzaB]

​@@JustinBrock As it should be.

[@aidahiser5154]

Thank you....I had my car insurance company call me and ask me about medicare insurance......I didn't realize they were not supposed to.....nice to know.

[@divermike8943]

The whole thing is a bit confusing AND there are so many trying to take advantage. Good this channel is honest.

[@CatherineStanford]

This video opened my eyes to the background of insurance agents. This makes me more appreciative of the Senior Health Insurance Program (SHIP) that trains and certifies counselors as educational guides who are not insurance agents. Every state has a SHIP network that understands that state’s Medicare plans (supplement or Medicare Advantage) and Original Medicare and Part D.

[@Theretirementnerds]

SHIP counselors are fantastic! You'll see many of them in the comments of these videos :) They do a wonderful job. They are limited on how much they can offer in terms of your help getting on plans and interacting with insurance carriers/providers, but they provide a valuable service.

[@xxcessus]

Fishing 👍 I enjoyed this insight into your agency and agencies. Insurance salesmen like car salesmen have a bad reputation due to in most cases commission based pay. Having trust in a Medicare insurance agency is paramount for engaging with them as there are so many who are after commission regardless of fit for the individual. I do believe your agency is transparent and as such will do well in this minefield of medical cover in our senior years. Old people are vulnerable, trusting and fearful of the unknown which is what the unscrupulous salesmen prey on. I trust you and your agency will keep your high ethical standards and will then naturally reap the rewards from helping those in need at such an important stage in their lives. Thank you !

[@Theretirementnerds]

Thank you so much for watching! 🎣

[@katec4096]

I have had many shady agents try to switch me to make a commission. I really love your informative videos. Thank you so very much. It keeps me up to date on Medicare.

[@Theretirementnerds]

Thank you for watching!

[@russellhart8041]

Thanks!

[@Theretirementnerds]

Wow! Thank you so much! 🙏

[@LadyGaonouu]

A friend of mine who is a medical social worker, told me I should get Traditional Medicare and a supplemental.

[@ChrisSadowski-pp1np]

@@LadyGaonouu it's the best possible healthcare, but not everyone can afford the cost of a supplement. At least if you want G or N.

[@ChrisSadowski-pp1np]

@@LadyGaonouu It is the best possible healthcare but many people can't afford the cost of a supplement If the choice is between plan G or N and HDG is rarely recommended by agents.

[@bordereau1]

​@@ChrisSadowski-pp1npit has a premium but as the explanation was given to me "At least it's something you can budget for because O/O/P without anything else above what standard Medicare pays? One serious illness or hospitalization can be devesting" He was right.

[@ginhenry-1214]

Erik, so sorry for the sudden loss of your dear friend & partner. We were fishing for a new insurance agent & luckily reeled you in. We appreciate all of your information & guidance connecting us with Charly. You are both caring people. Happy Holidays!

[@Theretirementnerds]

Thank you so much! 🙏 🎣

[@fourhill]

Thank you for the thorough explanation of how the Medicare insurance agency operations affect us, the insured. Also, it was good to see that you are professional but still human with the use of the side-eye "attractive" agent comment - 42:50. This tiny bit of humor was appreciated in context of this serious, vitally important topic. It demonstrated you are obviously intelligent but still truly one of us, trying to be of help.

[@Theretirementnerds]

Haha, I'm glad someone caught that 🙂

[@iraforleiter7954]

The American health insurance and healthcare situation absolutely stinks! That's the long and the short of it. That not-withstanding, THANK YOU for your videos - they are the best to be found on KZbin on this topic.

[@Theretirementnerds]

Appreciate you so much!

[@petemorton8403]

@@iraforleiter7954 it will just be/get worse

[@MichaelwAEL]

My deepest sympathy for the loss of your mother and now your best friend. Life is hard but you are a better person as each taught you the principles you withhold. Medicare with all its confusing rules, timelines, penalties, etc. is insane. Before retiring, I always worked on the principal if something is hard for many, and confusing to most, then kill it and simplify. You should not have to go fishing in deep waters to find a simple answer others can understand. I feel I made a mistake his year in all of the hype and confusion of coming on Medicare as I quickly chose to retire at 69. I picked an agent who I thought was good; not that they steered me wrong, that I know of, but in hindsight in listening to your videos with honesty, integrity and transparency, I would feel I am in better hands. Possibly, I can make that change next year my friend.

[@Theretirementnerds]

Thank you so much for watching and your kind words 🙏❤🎣 Don't lose faith in your agent. Keep in touch with him or her. Lots of great ones out there.

[@jryland6]

I have original Medicare, will never have one of those crappy advantage plans, even after retirement age.

[@Roslyn111]

Oof! You’ll be on the hook for 20% of ALL of your medical costs with no maximum out of pocket amount . So if you have a major medical situation, example is cancer, you’ll be responsible for 20% of all of those services. Going without a Medicare Supplement or Medicare Advantage plan means you’re exposed to an unlimited amount of costs. This is an easy way to go bankrupt.

[@GwendolynStancell]

GOOD 👍 FOR YOU 🎉

[@flickwtchr]

Do you have a medigap plan to cover the 20% gap in coverage? That's the kicker, as most are close to the monthly premium you already have to pay. I discovered that Medicare is expensive if you are low income like me. It's infuriating, then I have to either get an expensive medigap plan, or settle for an Advantage plan that will be a nightmare for getting prior approval, denied care, and the rest of it. And if I choose an Advantage plan, then chances are if I decide to switch back to traditional Medicare I will of course have to get a medigap plan but will have to then go through underwriting and either be denied because of pre-existing conditions, or charged a lot more per month. Good times in the US!!!!!!!!!!!!! Canadians pay about the same as we do in taxes but they get needed healthcare, guaranteed, at no additional cost. We are so screwed in the US by comparison, all so some already wealthy ____ can make even more money.

[@pat4005]

Canadians might get the healthcare "guaranteed", but I keep reading in the Comments on various channels that they can't get the more important and critical things (as far as appointments and procedures) done in a time,y manner. So those that can afford to (or cannot afford to play the waiting game), come here to the US for those things.

[@pennyk1943]

Thank you for your honest work. You explain it very well! 👍❤️

[@Theretirementnerds]

Appreciate you!

[@lj9524]

Thank you for your transparency❤

[@Theretirementnerds]

Appreciate you watching!

[@davidfolts5893]

Thank you, The Retirement Nerds, understanding bias and incentives harnesses the power of educated decision making.🎯

[@Theretirementnerds]

Thank you David!!

[@jstsayn9133]

There's a need to look into Senior Retirement Care insurance companies who offer nursing home care.

[@0oo00]

Thank you for speaking up. God bless you.

[@eduardooramaeddie4006]

Believe me it's happening here in Puerto Rico 🇵🇷 I'm in good health, 👍 and I'm 68 years old, still going strong Eddie

[@MedigapSeminars]

The first 9 minutes of this video are awesome. Very well done.

[@kurtkenya]

First class content. Not just a fishing expedition. So helpful to me in navigating this world.

[@Theretirementnerds]

Thank you so much! 🙏🎣

[@sherryg1838]

I’m sorry about the loss of your friend. Thanks for the video.

[@Theretirementnerds]

Thank you! 🙏

[@kevingawelko6454]

Erik, first, my condolences to you. I can now put a name with a face. I have been fishing all over the web, and KZbin for the last several years in anticipation of turning 65 and having to go on medicare. You have been quite helpful recently with my questions. You educated me about what is "creditable". It's generally not medical plans, just drug plans that are the problem. You also educated me on why COBRA and ACA plans don't count as being acceptable to Medicare. Keep up the good work. I will reach out to you when I decide to retire and need a Medicare plan. Lord willing, that won't be until I turn 70. That's when I can max out SS.

[@corigram]

You can retire at any time but qualify for Medicare at age 65 without applying for Social Security until age 70. Also, be aware that there are requirements and penalties as to when you apply for Medicare. I believe it only affects Part B with penalties, as Part A is provided without a user paid premium. I applied timely, but due to an address mix-up, my request wasn't processed until after my required time period. As a result, I was penalized and now must pay a higher Part B premium for the rest of my life.

[@Theretirementnerds]

Always a pleasure connecting and I'm glad it was helpful :) Thank you Kevin! 🙏🎣

[@prestonsweet643]

Thank you for confirming what I thought about agents and supplement plans - that they require less work. I worked very briefly with a local agent, but when he gave me the wrong answer about the 12-month trial period, refused to answer a question about HSAs, and then started sending fishing texts for me to sign up for other types of insurance, I went solo for 2025. I am on and will stay on advantage plans because my wife and I have tens of thousands of dollars in HSAs which cannot be used for supplement premiums but can cover advantage plan out-of-pocket expenses. Also, we can contribute the maximum to her HSA for the next 20+ years (big age difference). Again, thank you for all your videos. They have been very helpful to a DIY such as me.

[@Theretirementnerds]

Sorry about the experience you had. Glad you are in a plan you feel is solid and the HSA is amazing!

[@bfly5]

I'm so very sorry for the loss of you friend Phillip. It's nice that he was fishing but is still sad for you, his other friends and family. Thank you very much for your informative videos as I'm approaching 65 and collecting as much info as possible. Your honesty is heartwarming.

[@Theretirementnerds]

Thank you so much 🙏🎣 Appreciate you!

[@sandraconway]

My insurance agent was rude, could not be interrupted with my questions and I made sure to let everyone in his insurance bubble machine I didn’t feel good about them, as a newly retired senior, it was all a horrible situation to be in, I am focusing on being healthy and feel sorry for so many seniors that desperately need these companies. Thanks for your video confirming what I know is true. My deep condolences for your partner.

[@Theretirementnerds]

Thank you 🙏 Sorry to hear about your experience

[@kellyluvskolors2083]

​@@Theretirementnerds this video would have been EXTREMELY HELPFUL if it had been POSTED and UPLOADED on the 1ST date of Medicare Open enrollment. Instead of December 16th 2024. For the coverage period beginning January 1, 2025.

[@AmyJo-54501]

Fishing was never something I really cared for though when I was little I’d go with my great aunt - just to be around her and to sit quietly near the water. Excellent video! A lot of time and effort to share valuable info - greatly appreciated!

[@Theretirementnerds]

Thank you so much for watching 🎣

[@nancy-sq2xc]

Thank you very much for sharing your knowledge with honesty and good intention ❤

[@Theretirementnerds]

Thank you for watching 🙏

[@harveyh3696]

Another fantastic presentation. This channel is at the top of my list when asked about Medicare plans. I opted for a Plan N. I'm not into FISHING but might check it out in my retirement.

[@Theretirementnerds]

Thank you so much for tuning in and your support! 🙏🎣

[@vinnyg2619]

Erik, Sorry for the loss of your friend. I tried fly fishing for a while but NJ is not a place that a person can be successful at it! Thanks for all the info you provide. Unfortunately, not everyone is as honest in doing their job as you are, wish more were.

[@Theretirementnerds]

Thank you, my friend 🙏🎣 Appreciate you!

[@ds61821]

Fishing--I also wanted to say that this video was helpful as I began Medicare at 69 on July 1. My independent agent seems to have done me a fine job as I listened to all you say. He guided me to a good Supplement G plan and talked me through a lot of options and pros and cons. I had decided I didn't need or want pre-approvals or being in a network. He also sent me to another agent who did Part D. He helped me find a good dental plan as well. I've emailed a few times and he always returned with an intelligent email, and not short, that answered my questions and indicated he knew my particular situation.

[@MariaMonroy-sf3pl]

@@ds61821 I need Medicare ? I’m 69 I haven’t got it yet

[@Theretirementnerds]

This makes me happy. Thank you for sharing!

[@bordereau1]

I was fortunate enough to have gotten an agent like that! Almost three hours and then sent me the breakdown. I signed for my Supplemental plan. After getting very ill? I am glad I did.....

[@ds61821]

@@Theretirementnerds Question--Is this the norm for an agent working with a client? -- My Medicare independent agent signed me up for all my plans over the phone! This process surprised me. I did a Voice Acceptance. Then within minutes each of the 3 insurance providers sent me an email of welcome with my new account number. I found it really nice that when I finished talking to my agent I was all signed up. Is this the norm?

[@MarkInChicago]

What an astounding video! Thanks for going thru the effort. Like you, I miss fishing (for Northern Pike) with my friend.

[@Theretirementnerds]

Thank you so much for spending time with me! 🙏🎣

[@GlennRobert-ix6dj]

When you enroll in Advantage Medicare ( should be illegal to use the word Medicare ) you leave original Medicare and join a network that do not cover some of the approved Medicare conditions . Was an Agent for 20 years ( Retired ) and sold Medicare Supplements and long term care . Do not loose your Medicare Benefits and stay away from the "advantage "

[@shawnmarie1912]

AARP UNITED HEALTH CARE billed me $32.80 a month. Never signed up for it. They said ooops, it was a mistake. YEA RIGHT

[@Goodnews99457]

A whole bunch of extremely greedy people playing games with our health and thereby our lives.

[@Catsruleall]

Thank you for your integrity, sorry for your loss

[@Theretirementnerds]

Thank you 🙏

[@carolynl5445]

Thank you. I think your fishing buddy is up there with my dad and husband catching the big ones.

[@Theretirementnerds]

Thank you! 🙏🎣

[@jhors7777]

Sorry to hear about your friend. Best wishes to you.

[@Theretirementnerds]

Thank you 🙏

[@jeffmiller8209]

Thank you for this, Erik and for your honesty. As always, exceptionally informational. 👏👏👏🙂

[@Theretirementnerds]

Thank you for watching!

[@michaelclennan8425]

Thank you for your honesty and education. Being a CPA and cfp , i appreciate you .

[@michaelclennan8425]

Fishing.

[@Theretirementnerds]

Thank you so much!

[@Theretirementnerds]

Appreciate you 🙏🎣

[@RobertArmes-o8o]

We got people sleeping in the streets living in poverty and all we do is give money to other countries. Falling Nation

[@hanskasper9965]

Could it be that the giver of the funds gets money back into own pocket.

[@gabrielladots5990]

❤❤❤❤THANK YOU FOR EXPOSING ❤

[@jedigirl456]

Sorry about your friend who passed away while fishing. I'll be 65 in Aprill 2025 and am doing my research on medicare plans. Good information about Part D, that is where I need the most help. I've been to a couple in person seminars in NJ and can already see the difference in agents. This video was very helpful, I just subscribed to your channel.

[@lyndayoung8761]

Eriks video on Part D and how to use Medicare.gov PlanFinder. SHIP volunteers (check with your County) can show you, help you, answer your questions. or shop for an ethical broker like Erik.

[@Theretirementnerds]

Thank you so much! 🙏🎣

[@1_viewer]

Thank you for the education on the structure of how things work and various scenarios. 👍🏻

[@Theretirementnerds]

Appreciate you taking the time to watch!

[@maureenbartolo933]

Why is Medicaid renewing my plan every six months?

[@noreenhappel8531]

Why cant we have single payer, paid directly by the Government? Cut out those middle-men insurance companies. All the tax-payers' money going directly to patient care and salaries of those who take care of them.

[@ChrisSadowski-pp1np]

@@noreenhappel8531 It would be too expensive. We already can't afford the government programs we have now. Social security is looking at cuts in the future potentially and Medicare tax only covers 89% of part A cost.

[@CoolCat-rw6pp]

@@ChrisSadowski-pp1np But we have billions to send to Israel and Ukraine. Our govt do not care for us citizens

[@flickwtchr]

@@ChrisSadowski-pp1np That is just complete nonsense. How can Canada afford it? Tell me that. And Canadians pay just about the same amount in taxes, and don't have to pay a dime more for healthcare. And in Canada, no one is declaring bankruptcy because of medical bills, while that is the number one cause of personal bankruptcy in the US. Here in the US, whose government is now almost entirely controlled by greedy 1% sociopaths, not only do we have to pay taxes, but we have to pay premiums, co-pays, deductibles, on top of that! And such a joy to reach retirement age and be faced with more greedy jerks to deal with in regard to the sharks feeding on the elderly and sick. But would you ever be for a small tax on wealth over say 250 million to help make SS solvent, or simply raise the cap on income? Well of course you wouldn't. My guess is that when the 1% gets more and more tax cuts, and when large corporations along with the 1% pay an effective tax rate far lower than what a plumber pays, you're all for that. My guess is that when free taxpayer money flows like a raging river to the 1% you never have a problem with that. But taxpayer money flowing back to taxpayers in a single payer system where everyone is guaranteed care??????? Oh no, we can't have THAT!!!!!! Here is an example of a story I came across from a Canadian recently… "Canadian here: I come from a working class family. Dad - blue collar mechanic working in a non unionized job. My mom: a dishwasher/cleaner. They had some savings but not much. Dad went through cancer treatments. He didn’t make it. Mom has been through a skin cancer situation that required surgery as well as uterine cancer that required her basement to be cleaned. Mom’s been in remission for nearly a year now. Guess what: she still has some meager savings and her house. The only thing she had to pay was the odd cab ride to an appointment. This is how it should be. Fighting cancer or any ailment is hard enough." In the US her Mom sure as hell wouldn't still own her house.

[@lyndayoung8761]

@@noreenhappel8531 AGREE but some cry "socialism!" to prevent it. Medicare pays more to Medicare Advantage sponsors to "manage" your care. The more they Manage, the more they get to keep. Yet a growing element in Congress thinks WE (not them) should only have access to MA. Keep your eyes on what Congress is doing to "save" Medicare. It could ruin it in the process.

[@mikehenderson2039]

Erik, my condolences for the loss of your friend! As usual, your honest and forthright presentation is refreshing in these times! Thanks for pulling back the curtain on so many of the hidden topics and motivations of the industry! I learn (and share!) so much from your videos and newsletters! By the way, like your friend, I love FISHING! Merry Christmas to you and your family!

[@Theretirementnerds]

Thank you so much, my friend! 🙏🎣 Merry Christmas to you and yours as well!

[@deedsh6280]

I decided to retire right when open enrollment started (not my best move) but what was a good move was reaching out to you after watching many (many) videos on youtube. The person you got us connected with was capable and listened to what we needed and never made us feel rushed when we had questions. This video explains a lot of what I feel (from mega call centers) is harassment even after asking for a do not call, and some of what you covered explained why. I am sorry for your loss of your friend. May he rest in peace knowing the legacy he left through you and those he touched.

[@Theretirementnerds]

This makes me happy to know we could help. I can only see your KZbin username 🙂

[@catzcatcher9772]

I just subscribed because you're the only one I've encountered that's telling the truth. I would very much want to contact you because I have some questions and could use your expertise. Thank you.

[@Theretirementnerds]

Happy to help however I can. [e-mail] is my email. Appreciate you watching

[@JamesIsHereRightNow]

*Fishing. Thank you so much for filling us in on the various incentives. The Medicare-Medicare Advantage options are complicated and there is no “one size fits all.” I’m 67 and have gone from an Advantage plan to a supplement plan and, as of Jan. 1, back to an Advantage plan. It is very helpful to know what the various agent incentives are. Thank you so much for your very helpful and informative channel!

[@Theretirementnerds]

Appreciate you taking the time to watch! 🙏🎣

[@eleanorcramer7986]

I appreciate the work you do.

[@Theretirementnerds]

Thank you 🙏

[@terraloft]

Losing a friend is hard in a world void of loving trustworthy persons. I am praying you move in this time with grace and hope. Because of Jesus

[@Theretirementnerds]

Thank you 🙏

[@judyschultheis]

Fishing - I am so sorry for your loss , Eric. Thank you for this video.

[@Theretirementnerds]

Thank you 🙏

[@DIYerGirl]

interesting word of the day, fishing. Fishing was your friend's favorite pastime, and the bad apples of agents are phishing for the gullible and vulnerable. Thank you for sharing all you share all the time.

[@Theretirementnerds]

Appreciate you taking the time to watch and comment! 🙏🎣

[@PS5820-wv7kk]

I don't go fishing very often, maybe in the future that will change. Thanks for this transparency. I appreciate your efforts to help people. Great content!

[@Theretirementnerds]

Thank you so much 🙏🎣

[@eukaryon]

So sorry for your loss. Your friend was doing something he loved, and continued to the next step with some happiness.

[@Theretirementnerds]

Thank you 🙏

[@woofinu]

Thanks for discussing the fishing tactics of bad agents. I think a fundamental problem is that the system is set up as for-profit and companies have pressure, maybe a duty to increase shareholder returns. Whenever profit is involved, there are bad actors, not only in health insurance and administration, but in any business.

[@Theretirementnerds]

Thank you for tuning in and watching. Appreciate your support.

[@Frank-xt3of]

As a health care provider in my area I don’t know why anyone would pick an advantage plan unless you are on Medicaid. Advantage plans are usually like awful HMO insurance.

[@flickwtchr]

They pick them because they already can hardly afford the Medicare premium, and would be ruined by some expensive procedure or hospital stay paying the 20% without it. It's a horrible trap for lower income people like myself. You can't win for losing.

[@mey7579]

I am sorry about the loss of your friend, Erik. ❤

[@Theretirementnerds]

Thank you 🙏

[@michaelshea4834]

Big profits creates big problems.

[@handymack5324]

Cannot agree more😢

[@flickwtchr]

I notice you didn't get a heart.

[@CatherineStanford]

Fishing - I posted my comment about SHIP before I listened to the end, but I did indeed listen all the way to the end. Useful information.

[@Theretirementnerds]

Thank you so much for watching 🎣

[@ParisianThinker]

My sincere condolences for the loss of your dear friend and partner. 💮🥀🌻 I need help since I never applied for Medicare.

[@Theretirementnerds]

Thank you 🙏 My email address is [e-mail] Let's connect.

[@MollyT-zk4ch]

I live in Arizona and I am elderly. I go to the doctors alot but I found if I don't get an approval letter from my insurance and the doctors office I get hit with a bill. On one fraud scheme, they faces kind of sag when I show them my letter of approval. They said OK and removed my bill of $10,000.

[@flickwtchr]

The greedy ____ will do anything to screw people over. And yet most US citizens STILL buy the propaganda that the US citizens would have to pay more into a universal system which is absolute nonsense. Canadians pay about the same amount in taxes as we do, and in return they get the healthcare they need. (yes, it is prioritized vs need, but of course that is the only way it can be done, but if you need care, you get it) I'm talking serious care, such as surgeries, long hospital stays, long rehab stays, home care, prescriptions, etc etc etc. And there out of pocket costs? Well, like I said, it's paid for by their taxes which are about the same rate that we pay in taxes. Some Canadian stories I've saved the last few days since this topic has come to prominence again… "Father of five in Canada. First class maternity ward in my local hospital, incredible service and supports. Multiple nights stayed per birth. Zero dollars later I pay my very modest taxes without hesitation or regret." "I’m 🇨🇦. When I gave birth to my son, I had complications, including pre-eclampsia and paid $0 for my delivery and 4-day hospital stay. In the last year, I’ve had a serious of small health issues. As a result, have had 5 rounds of blood work, several ultrasounds, 3 x-rays, 5 GP visits and 2 specialist appointments. Cost-$0. I don’t know how Americans do it?!" "Wife had a meningioma (non-cancerous brain tumour) removed from her brain 2 years ago. A very delicate operation. She was in the OR for almost 9 hours, spent 5 days at the hospital, got medication for several weeks, etc. We have absolutely no clue how much all of the cares she received cost. We live in Montreal, Canada, I know it gets cold in the winter months, sometimes we have to wait to receive care, in other words, our system has flaws. But I will be thankful for the rest of my life to the surgeon that saved my wife and also to our healthcare system" Contrast that with a story I ran across from a US citizen telling about a friend who was indirectly killed by our sick system… "My friend died last summer. He had a bad cold, but he had recently started a new job and had to wait 3 months before his insurance kicked in. His cold got worse so we offered to take him to the hospital. He hemmed and hawed and said he could not afford the cost of the ER or the hospital. He was still paying off the hospital bill for a detached retina two years prior, so he declined. He’d tough it out. That was Friday. We called on Sunday but got no answer and figured he was sleeping. His job called his family for a wellness check on Tuesday since they hadn’t heard from him. The police went to his apartment and found him dead. So sad. He was 58, no major health problems. Walked a lot. Worked out. He died of pneumonia. Healthcare tied to employment status is abominable. Why did he have to wait for insurance coverage? Truly live or die, and he’s one of thousands who die because the cannot afford the bill to live."

[@ChrisBertani]

Great advice from an agent to clients AND other agents!

[@Leonardo-cq4zd]

Thank you immensely for all of your videos and the valuable information you share. This video in particular was not only an eye opener but also had me shaking my head. You know it's America when a social program (Medicare) designed to help a somewhat vulnerable segment of the population (seniors) has so many leaks that it's a piece of cake for greedy hounds (a - sleazy agents, even if a small % of all agents and b - big corporations) to confuse/mislead and potentially take advantage of customers. No wonder that for the last 2 months the bombardment of Medicare commercials has been incessant. When it's time to go fishing for a plan I'll definitely work through an agent.

[@Theretirementnerds]

It's pretty wild! Sad for seniors. Appreciate you! 🎣

[@flickwtchr]

@@Theretirementnerds And with the new oligarchs coming into power it is going to get much much worse. They especially just love doling out more cruelty to the most vulnerable, the elderly, sick, and poor. They despise them as "losers".

[@laurie6332]

Thank you for information that is so helpful for all seniors who have to go fishing for the truth in this sea of medicare insurance companies. You have a calming voice, and you stick to the facts about how the insurance business works (which most people are probably not aware of) so your information is of benefit to everyone. The whole Medicare system needs to be overhauled in my opinion. It is way too complicated. It feels like an a la carte menu with a fee for each part. Maybe that worked back in the 60's when it was written, but costs back then were affordable. Nowadays the premiums and deductibles added together makes health insurance very expensive. I know that is not your fault, but it truly gets confusing when you embark on a Medicare quest. Looking forward for more videos, they help a lot!

[@Theretirementnerds]

Appreciate you taking the time to watch! 🙏🎣

[@ElainePoklemba]

Many thanks for such an abundance of information! My friend and I have been on a fishing expedition in hopes of catching the perfect plan. We hope to be able to reel in the best plan for ourselves very soon.

[@Theretirementnerds]

Thank you so much for tuning in! 🎣

[@mikelyons70]

Thank You

[@Jay-z2x]

This is ridiculous seniors just need an automatic option. No elderly people are capable of researching and choosing among these options

[@ssa8479]

My wife and I have to do it for her 85-year-old mom. There's no way my MIL could have looked up plans that have her doctors and meds by herself. My wife has to make and take her for the appointments. The system is not kind to the elderly.

[@Jay-z2x]

@ that is ridiculous I hate this country

[@user-hj2qi6rw3l]

there shouldn't be an option. it should be free. medicare collects enough taxes if you remove the insurance company from the process.

[@Theretirementnerds]

Medicare collects nowhere near enough in taxes. Taxes for Medicare do not fully cover Part A only. Not to mention Parts B, C, and D. Not saying there isn't a better way, but it would require either a lot more in taxes or shifting dollars from other programs.

[@Jay-z2x]

@ ok but think about it, really think about it. Exactly at the time a person is incapable of understanding and making these choices at any level, they are thrown to a sea of blood thirsty sales people and sold to the highest bidder then abandoned. It’s called Medicare for all and other countries handle this much better than the u.s.