The Facts About Medicare: What Your Clients Need to Know

Author: Theodore Sarenski

CPE Credit:  2 hours for CPAs

Medicare was never part of the Affordable Care Act. Join expert, Theodore Sarenski, CPA/PFS, CFP, AEP, for a discussion about the health insurance choice for most all Americans upon reaching the age of 65.

Publication Date: June 2019

Designed For
Any professional who is advising individual clients should attend this session as well as all of the series of the Social Security sessions to properly advise your clients on Social Security, the backbone of each person’s retirement.

Topics Covered

  • Cost of Health Care at 65 and Older
  • Still Working at Age 65 or Longer
  • — Good Information
  • What Medicare does not cover
  • What do the various parts of Medicare cover?
  • Medicare Part A — Hospital Insurance
  • Medicare Part B — Medical Insurance
  • Medicare Part C — Medicare Advantage
  • Medicare Part D — Prescription Drug Insurance
  • The premium amounts for each of the parts of Medicare based on the income of the individual
  • What happens when long-term care is needed
  • What happens at the end of life under Medicare
  • The expected costs for individuals for health care throughout their retirement

Learning Objectives

  • Identify how to advise clients on health insurance once reaching age 65, which can be quite different than the coverages and costs they incurred prior to age 65
  • Recognize how to assist in determining the best additional policies necessary for a client to keep health care costs reasonable beyond age 65
  • Recognize how to assist your clients in wading through the mass of regular mail, e-mail, and phone calls they receive when nearing age 65 to make an informed decision regarding their health insurance
  • Differentiate Medicare Parts A, B, C, and D
  • Recognize which services are generally covered by Medicare
  • Identify premium amounts for each Medicare Part
  • Recognize who qualifies for each Medicare Part and the income level that applies
  • Identify items and/or services that are not covered by Medicare


Instructional Method

NASBA Field of Study
Specialized Knowledge and Applications (2 hours)

Program Prerequisites
Basic understanding of health insurance.

Advance Preparation

Registration Options
Regular Fee $55.00

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