Why Medicare Costs More Than Many People Expect – 5.14.26
About this episode
The episode discusses why Medicare costs are often underestimated and how they impact retirement planning.
MEDICARE PLANNING: WHY MEDICARE COSTS MORE THAN MANY PEOPLE EXPECT Thad Ismart, CFP®, ChFEBC, CEPS Senior Financial Planner Tessa Hall Media and Communications Specialist LAWRENCE M. POST CPA, MST, CFP®, CIMA® Senior Tax and Planning Advisor About This Episode Tessa speaks with BWFA’s Larry and Thad about Medicare costs, including premium increases, prescription drug coverage, deductibles, and out-of-pocket expenses. They explain how Medicare pricing changes over time and why many individuals underestimate healthcare costs in retirement. The conversation also covers Medicare Part D plans, IRMAA income adjustments, and why comparing plans each year can help reduce unnecessary expenses. To better understand how healthcare costs fit into your broader retirement strategy, visit our Financial Planning services page. Full Description Healthcare costs play a major role in retirement planning, and Medicare expenses continue to rise each year. In this episode of Healthy, Wealthy & Wise, Tessa speaks with BWFA’s Larry and Thad about Medicare costs and what individuals should understand when preparing for healthcare expenses in retirement. They explain how Medicare premiums…
People in this episode
Host: Tessa Hall
Guest: Thad Ismart
Topics covered
- Medicare costs
- healthcare expenses
- retirement planning
- prescription drug coverage
- premium increases
Keywords
- Medicare
- healthcare costs
- retirement
- deductibles
- prescription drugs
- IRMAA
- financial planning
Mentioned in this episode
Organizations: BWFA, Medicare
More episodes of Baltimore Washington Financial Advisors Podcasts
- Medicare Advantage vs Original Medicare: Key Differences – 5.28.26
- Medicare IRMAA Explained: How Income Affects Premiums – 5.21.26
Explore listener stats, chart rankings, contacts and more on the Baltimore Washington Financial Advisors Podcasts podcast page.