Addressing advisees’ misconceptions about Medicare

Reporter: David LaMartina

Publication: ThinkAdvisor


Deadline: Apr 17, 2017 7:00 pm

This story will be featured in a new, retirement-focused section of Nationwide’s ThinkAdvisor website. The new section will be
similar in content to the previously featured Retirement Wire: The first round of stories will focus on topics related to healthcare and long-term care. Advisors and other financial professionals often take their knowledge for granted. What are some common confusions and misconceptions among clients regarding Medicare? What are the potential consequences if these misconceptions remain uncorrected? How can advisors start a productive discussion, address these misconceptions and steer their clients towards viable retirement strategies – all the while positioning themselves as experts on healthcare related financial matters? Overall, this article should help advisors shore up gaps in their own Medicare knowledge and understand what clients really need to know. If I’m an advisor reading this piece, I want to know how I can better position myself as a Medicare expert and help my clients navigate the system and incorporate it into their overall retirement strategies. Requirements: I would like to speak with a couple of financial advisors who are particularly well-versed in Medicare, healthcare costs and other healthcare-related issues among people planning for retirement.

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