i'm going to talk about medicare in minnesota and if you're coming into medicare you know by now
a lot of choices that you have to make and if you live in minnesota you've probably also figured
out it's a little different than the rest of the country so it's important to understand
your choices and how things work in minnesota so i'm gonna go through that very quickly for you
so you have a clear picture on what you need to do coming into medicare if you live in minnesota
and i'm keith armbrecht i'm founder of medicare on video and i help people across the country
minnesota as well make the right medicare choices and i can absolutely help you as well some of the
things that i help with primarily medicare getting everything in the right place so that it's ready
to go when you're ready to go and also things like rolling over a 401k a lot of people when they're
turning 65 or retiring have a large retirement account that they need to figure out what to do
with so i can help with that as well and we make it simple and easy and safe and that's
obviously the primary goal is to keep everything safe so what we're going to talk about right now
is medigap in minnesota and why it's different and how it's different when you have medicare plans if
you've watched any of my other videos they're standardized across the country you have plan
f you have plan g you have plan n and they're all exactly the same regardless which state you live
in however there are a few states and minnesota is one of them where things are different they've
decided to do things their own way so they wanted to make things better for you but
chances are it just makes things more complicated for you so i'm gonna go through show you exactly
what i think is the right choice when picking a medicare supplement plan in minnesota so what
minnesota does is it has an array of kind of base plans and when you look at this choice here
you don't really need these you're really going to be looking just at either the basic plan or
the extended basic plan and again i have no idea why they want to do it their own way
so much easier just to have plan g or plan n but we're going to go through the basic and
the extended basic and show you where you need to understand the differences so on the basic plan
you can see here this is what it includes and minnesota is similar to wisconsin where you
have a bunch of riders so you have to pick kind of your base plan and then add your riders on
top of it to make sure you get exactly what you want it's really not that complicated
but i've seen people messing up you don't want to mess it up you want to make sure you get the right
plan with the right riders because this is kind of the one chance you have
to do it correctly so when you go through the different writers you have the
writer that covers the part a deductible the part b deductible usual and customary fees non-medical
preventive care so forth and so on we don't need to know all this stuff we just want to have a plan
that's when we go to the doctor it's going to cover what we want it to cover so you see a little
asterisk by part b deductible you could only select a rider that covers the part b deductible
if you turn 65 before january 1 2020. if you turn 65 after january 1 2020 then you cannot
cover the part b deductible it's only right now 203 dollars for the year so it's not a big deal
but that's one of the changes that came around not long ago so when we put the basic plan next to
the extended basic plan and i can tell you in my experience dealing with most people in minnesota
it's better from a cost standpoint to go with the basic plan and add your writers to it then go
with the extended basic plan that already has the riders kind of jammed into it and it just from a
cost effectiveness seems to come out cheaper doing it ourselves so that's generally what we want to
do but when you look at both of them you can see the difference you know and again that part b
annual deductible only if you're 65 before january 1 2020 or it's not covered on either one of them
and then the difference between here is you have usual and customary fees and foreign country
coverage so both of them cover emergency coverage in foreign countries the extended basic covers
regular care in foreign countries and we can add that to the basic and generally again we can add
it when we add it ourselves it comes out cheaper than what it does when it's already included in
the extended so anyway we need to look at them both side by side but at the end of the day
what you're going to end up with is pretty much a plan g pretty much where your only out of pocket
expense is going to be that part b deductible which is 203 dollars for the entire year
so once you meet your 203 deductible it's going to pay pretty much 100 percent the rest of the
year you do have some 80 20 on some of the parts of it but not many other parts of it so
it's pretty terrific coverage and it can be done at a pretty terrific price so that gives you a
pretty clear idea of medigap coverage medicare supplement coverage in minnesota it's different
but we can make it the same so i hope you found this helpful visit medicareonvideo.com
put in your basic information we'll put all this together put it in a nice email send it to you so
it's easy to understand and again the goal is to get a comprehensive plan that covers just about
everything at a very low premium that's number one goal so give us a call fill out the form we'll
be happy to help hope you found this helpful have a fantastic day video medicare on video