Healthcare coverage is often a top concern for clients who are nearing or already in retirement. They understand that not having adequate healthcare coverage can lead to significant financial consequences. Medicare is a vital healthcare program for millions of Americans over 65 years old or with disabilities. However, its complexity and individualized approach can make it challenging to comprehend.

We frequently find that clients already enrolled in Medicare may not fully understand their coverage or be aware of better options available to them. Moreover, they may not know if they have any liability exposures that could result in out-of-pocket expenses. It’s crucial to know when to sign up for Medicare, as failure to do so could lead to additional penalties. Keep in mind that you shouldn’t expect to receive a notification about when to enroll.

At Sunstone, we take a comprehensive approach to healthcare planning. We discuss both your immediate and long-term goals to ensure your health is protected and surprise medical costs are minimized.

Clients often have various questions regarding Medicare and healthcare, including:

  • If I have a medical emergency while traveling outside the country, will my Medicare coverage provide any
    assistance? Are there additional insurance options available to ensure I have coverage during international
  • If I don’t plan to retire at 65, do I still need to enroll in Medicare, or can I rely on my employer-provided insurance? What factors should I consider before making this decision?
  • Can you help me understand my responsibilities regarding Medicare premiums, deductibles, and copays? How do these costs vary between different Medicare plans and supplemental insurance options?
  • Will my current doctors be covered within my chosen Medicare plan? How can I verify if my healthcare providers are part of the plan’s network, and are there alternative options if they’re not?
  • How can I ensure that my prescription medications will be covered under my Medicare plan? What steps can I take to confirm that my medications are included in the plan’s formulary, and are there ways to minimize out- of-pocket costs for prescriptions?

By addressing these concerns, Sunstone can help you navigate the complex world of Medicare and healthcare planning to ensure you have a comprehensive strategy tailored to your unique needs and goals.