I spoke with a gentlemen a few days ago. His Plan F was $689 more than switching to Plan G. The only difference is that he would pay the Medicare Part B deductible of $183 rather than the insurance company,
How could he say no? His reasoning was his financial planner said Plan F was the best so he wasn’t going to consider the change.
I specialize in Medicare. A financial planner specializes in either increasing your assets or keep you from losing money. Clearly, this financial planner knows less about Medicare Supplements than I know about which mutual fund is the best.
Using the word “financial” does not make someone knowledgeable about all subjects. Very few insurance agents actually specialize in Medicare. And probably zero financial planners are qualified to give advice outside of their field.
Use experts that are actually experts.