Mcnamaraonmoney

This week, join Alyssa McNamara Reed, CFP® and her guest Peter D. Stoner of AHIP (American Health Insurance Plans) a Certified Medicare Consultant/Licensed Broker (MA & NH) for a discussion about Medicare Pricing and Considerations. The discussion centers on Medicare coverage, including the different Parts A, B, and D, detailing eligibility, costs, deductibles, and out-of-pocket maximums. A significant portion of the conversation focuses on the complexities and rapidly changing landscape of prescription drug plans (Part D), particularly in light of the Inflation Reduction Act, which has led to higher costs for insurance carriers and fewer plan options for consumers. They also address the current open enrollment period and the challenges consumers face, such as doctors dropping certain insurance plans and the financial implications of high-income brackets on Medicare premiums. Alyssa McNamara Reed is a financial planner with passion for the intersection of taxes and investing.  Alyssa works with motivated sa