{"id":271,"date":"2019-10-07T14:17:06","date_gmt":"2019-10-07T14:17:06","guid":{"rendered":"https:\/\/gpswp.com\/legacyfa\/?page_id=271"},"modified":"2022-08-04T15:30:45","modified_gmt":"2022-08-04T15:30:45","slug":"health-care-planning","status":"publish","type":"page","link":"https:\/\/gpswp.com\/legacyfa\/health-care-planning\/","title":{"rendered":"Health Care Planning"},"content":{"rendered":"\n<p><strong><em>Medicare\nand retirement health strategy.&nbsp;<\/em><\/strong><strong><\/strong><\/p>\n\n\n\n<p>While there is no shortage of things\nto prepare for in retirement, it&#8217;s critical to also address your health needs\nand concerns by crafting a comprehensive health care strategy. There are\nvarious ways to accomplish this, with Medicare being the most important for\nmany Americans.<\/p>\n\n\n\n<p>Medicare generally provides health\ninsurance for most people age 65 and older, and others who have received Social\nSecurity disability benefits for at least 24 months, have end-stage renal\ndisease or have amyotrophic lateral sclerosis (also known as Lou Gehrig\u2019s\ndisease). Medicare is similar to Social Security, since it is a federal program\nthat you have paid into throughout your career. Just like Social Security, you\nwant to maximize this benefit in retirement.<\/p>\n\n\n\n<p>Medicare is split into four parts:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Part A:<\/strong>\n     Hospital insurance \u2013 covers the costs of health care at medical\n     facilities. Offers coverage for medically necessary inpatient care at\n     hospitals, skilled nursing facilities, hospices and some home health\n     services.<\/li><li><strong>Part B:<\/strong>\n     Medical insurance \u2013 covers the costs of health care outside medical\n     facilities. Offers coverage for doctors\u2019 services, hospital outpatient\n     care, mental health and some preventative health care services.<\/li><li><strong>Part C:<\/strong>\n     Medicare Advantage (MA) plans \u2013 policies you can purchase from certain\n     private insurance carriers that provide the same (or more) coverage as\n     Parts A and B.<\/li><li><strong>Part D:<\/strong>\n     Prescription drug coverage offered through private Medicare-approved\n     insurance companies.<\/li><\/ul>\n\n\n\n<p>Many people with Part A do not pay a\npremium because they have already paid enough into the system. As with Social\nSecurity, a certain portion from each one of your paychecks is deducted to pay\nfor Medicare. When you\u2019ve had Medicare tax withheld from you or your spouse\u2019s\npay for at least 40 calendar quarters, then you may be eligible for free Part A\ncoverage.<\/p>\n\n\n\n<p>The monthly premium associated with\nPart B is set according to income level, although most people will pay a\nstandard monthly premium amount and a small yearly deductible. Individuals who\nhave an annual income greater than $85,000 and couples who have a joint annual\nincome greater than $170,000 will have an extra charge added to their premium\ndue to their high income level. Parts C and D are provided via private\ninsurance companies so the monthly premiums of these policies depend on the\nextent of their coverage and can vary between companies.<\/p>\n\n\n\n<br>\n<center><h4>\n\tWe do not offer every plan available in your area. Any information we provide is limited to those plans we do offer in your area. Please contact <a href=\"medicare.gov\" target=\"blank\" rel=\"noopener noreferrer\">Medicare.gov<\/a> or <a href=\"tel:+1800MEDICARE\" target=\"blank\" rel=\"noopener noreferrer\">1-800-MEDICARE<\/a> to get information on all of your options.\n<\/h4>\n\t<\/center>\n<br>\n\n\n\n<small><p><i>We are not affiliated with, or endorsed by,\nthe Social Security Administration or any other government agency.<\/i><\/p>\n<a href=\"https:\/\/thefinancialhq.com\/legacyfa-medicare\" target=\"blank\" rel=\"noopener noreferrer\">Learn More About Medicare<\/a><\/small>\n","protected":false},"excerpt":{"rendered":"<p>Medicare and retirement health strategy.&nbsp; While there is no shortage of things to prepare for in retirement, it&#8217;s critical to also address your health needs and concerns by crafting a comprehensive health care strategy. There are various ways to accomplish this, with Medicare being the most important for many Americans. Medicare generally provides health insurance [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"footnotes":""},"class_list":["post-271","page","type-page","status-publish","hentry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.0 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Health Care Planning - Legacy Financial Advisors, Inc.<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/gpswp.com\/legacyfa\/health-care-planning\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Health Care Planning - Legacy Financial Advisors, Inc.\" \/>\n<meta property=\"og:description\" content=\"Medicare and retirement health strategy.&nbsp; While there is no shortage of things to prepare for in retirement, it&#8217;s critical to also address your health needs and concerns by crafting a comprehensive health care strategy. There are various ways to accomplish this, with Medicare being the most important for many Americans. 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There are various ways to accomplish this, with Medicare being the most important for many Americans. Medicare generally provides health insurance [&hellip;]","og_url":"https:\/\/gpswp.com\/legacyfa\/health-care-planning\/","og_site_name":"Legacy Financial Advisors, Inc.","article_modified_time":"2022-08-04T15:30:45+00:00","twitter_misc":{"Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/gpswp.com\/legacyfa\/health-care-planning\/","url":"https:\/\/gpswp.com\/legacyfa\/health-care-planning\/","name":"Health Care Planning - Legacy Financial Advisors, Inc.","isPartOf":{"@id":"https:\/\/gpswp.com\/legacyfa\/#website"},"datePublished":"2019-10-07T14:17:06+00:00","dateModified":"2022-08-04T15:30:45+00:00","inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/gpswp.com\/legacyfa\/health-care-planning\/"]}]},{"@type":"WebSite","@id":"https:\/\/gpswp.com\/legacyfa\/#website","url":"https:\/\/gpswp.com\/legacyfa\/","name":"Legacy Financial Advisors, Inc.","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/gpswp.com\/legacyfa\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"}]}},"_links":{"self":[{"href":"https:\/\/gpswp.com\/legacyfa\/wp-json\/wp\/v2\/pages\/271","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/gpswp.com\/legacyfa\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/gpswp.com\/legacyfa\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/gpswp.com\/legacyfa\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/gpswp.com\/legacyfa\/wp-json\/wp\/v2\/comments?post=271"}],"version-history":[{"count":6,"href":"https:\/\/gpswp.com\/legacyfa\/wp-json\/wp\/v2\/pages\/271\/revisions"}],"predecessor-version":[{"id":379,"href":"https:\/\/gpswp.com\/legacyfa\/wp-json\/wp\/v2\/pages\/271\/revisions\/379"}],"wp:attachment":[{"href":"https:\/\/gpswp.com\/legacyfa\/wp-json\/wp\/v2\/media?parent=271"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}