Medicare can feel like a maze — and for millions of Americans nearing 65 or caring for aging parents, that maze can be overwhelming. On a recent episode of 60 Plus Uncensored, I sat down with Beth Powanda, an independent health insurance broker specializing in Medicare, to break down the confusion, debunk common myths, and share valuable advice for navigating the system with clarity and confidence.
Beth’s career path into Medicare wasn’t linear. With decades of experience in property, casualty, life insurance, and financial planning, she began noticing a recurring theme: clients were unprepared for healthcare costs in retirement. That’s when she decided to focus on Medicare — a field where she saw a real need and an opportunity to protect one of the most vulnerable populations: seniors.
Why Medicare Feels So Complicated
Beth doesn’t sugarcoat it: Medicare is complicated. Between Parts A, B, C, and D, supplemental insurance, Advantage plans, premiums, deductibles, and drug formularies, there’s a lot to digest.
Her approach? Simplify everything.
“I break it into small, understandable pieces. I start with what Original Medicare provides — Parts A and B — and explain what it does and doesn’t cover. Then we look at supplemental options and Medicare Advantage so people can make informed decisions.”
Common Medicare Myths Beth Busts
Myth #1: Medicare is free.
Many are shocked to learn there are monthly premiums, co-pays, and deductibles. The current base premium for Part B is $185, and drug costs can jump significantly compared to employer plans.
Myth #2: Medicare covers everything.
It doesn’t. Original Medicare leaves gaps that beneficiaries must cover with supplemental or Advantage plans.
Myth #3: All plans are the same.
Plans vary by county, provider network, and benefits. Choosing the right plan requires looking at your location, prescriptions, budget, and how often you see a doctor.
Choosing Between Medicare Advantage and Supplements
Beth uses a personalized question set to guide clients:
- Budget: How much can you comfortably spend monthly?
- Doctor Visits: How often do you see a doctor?
- Medications: Which prescriptions do you take?
- Location: Plans vary by county and state.
- Flexibility: Do you want the freedom to see any provider, or are you okay with network restrictions?
Her role as an independent broker means she can compare plans across multiple carriers and present unbiased recommendations — unlike calling a single insurance company, which can only offer its own products.
Going Above and Beyond for Clients
One standout story: a client’s new prescription eye drops cost $900. They weren’t on her medication list when she enrolled, so there was no way to plan for it. Beth connected her with a prescription advocacy group that now covers the medication in full.
For Beth, these moments — solving problems that make a real difference in people’s lives — are why she loves her work.
Staying Current with Medicare Changes
Medicare rules and plans change every year, especially leading up to the Annual Enrollment Period (October 15 – December 7). Beth and her team start prepping in June, going through carrier updates, certifications, and compliance training so they’re ready to help clients navigate new options.
Medicare Made Simple
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Get the Guide!Advice for Those Approaching Medicare Age
Beth’s top tips:
- Establish a relationship with a doctor before Medicare starts. With a national physician shortage, finding a new doctor after enrollment can be tough.
- Plan for costs early. Work with a financial advisor to anticipate premiums, drug costs, and potential IRMAA surcharges, which are based on your income from two years prior.
- Avoid costly timing mistakes. Missing enrollment windows can result in permanent penalties.
Red Flags to Watch For
- TV and mailer ads promising “free” benefits — they may not apply to your area.
- Cold calls about Medicare — they’re not allowed under Medicare rules.
- One-size-fits-all advice from friends — the right plan for them may be wrong for you.
Why Beth Loves Serving Seniors
Beyond the paperwork and regulations, Beth treasures the human connection. She recalls meeting a 90-year-old veteran who had stormed the beaches of Normandy at just 16 years old — a reminder that behind every Medicare application is a lifetime of stories and resilience.
A Message for Anyone Over 60
Beth is proof that it’s never too late for a new chapter. Over 60 and thriving, she earned her master’s degree at 50+, continues to learn daily, and believes in embracing growth at any age.
“Don’t let anyone tell you it’s too late for a second or third act. If you believe it’s possible, you can make it happen.”
Final Word:
Medicare may be complex, but with the right guide — someone who listens, educates, and advocates — it becomes manageable. As Beth says, the key is to ask the right questions, understand your unique needs, and plan ahead.
If you want to hear the full conversation with Beth Pawanda, including her stories and detailed explanations, check out the episode on 60 Plus Uncensored.
Because life after 60 isn’t the end — it’s just getting good.