Flag Salute: Linda Hanlon
Four Way Test: Stuart Gold
Invoction: Pastor Marc Stutzel
Members Present: Dan Antokal, June Bertini, Bob Bustard, Terry Ciulla, Bernie Cohen, Steve Fox, Stuart Gold, Linda Hanlon, Steve Hopper, Vicky Meo, Marc Stutzel, Amgad Wassef, Linda Wells, Peter Wells
Guests: Jake Whalen
Announcements:
- Bob Bustard reported that the June 10 Blood Drive is going well; since the listed hours are sold out, there will be additional appointments available from 3 to 5 PM. Cole and his father won’t be able to come, but his sister and mother will stop by;
- We have been reimbursed for $3,000 of the money we donated to the Triboro Food Pantry
Birthdays and Anniversaries
- Bernie, Dan and Steve Fox have all had recent birthdays
Sunshine:
- Cindy is doing better and hopes to resume meeting attendance soon.
Our thoughts and prayers go out to all who are currently contending with
adversity of one type or another.
Happiness
- Virtually everyone was happy to welcome our guest speaker, Jake Whalen.
- June was happy to have finally made arrangements to visit her California children and grandson in September.
- Terry was happy to be celebrating her 30th wedding anniversary.
- Bob Bustard was happy to have picked up a boy for the second of three Gift of Life heart surgeries.
- Bernie was happy that his daughter will be publishing her first novel.
- Steve Hopper was happy to have visited his daughter’s new college; he was also happy that his son has an Engineering internship this summer.
- Dan was happy to have spent the last weekend with his son and his girlfriend.
- Steve Fox was happy to have gone to Florida last weekend.
Program
On June 3, 2021 at a virtual meeting via Zoom, Park Ridge Rotary members welcomed guest speaker, Jake Whalen. Jake is past president (and current member) of the Spring Lake/Brielle Rotary Club. His talk was about Medicare, considered by many to be a bewildering and anxiety-producing subject that concerns everyone, including parents, grandparents, relatives, neighbors and you. Jake’s agency, Senior Moments Medicare Solutions is headquartered in Manasquan, NJ.
The information presented was a series of explanations of Medicare terms and their meaning, including the following:
- The information and symbols displayed on Medicare Cards (A= hospitalization and B=physician portion). The former does not involve a premium but physician services do.
- CMS stands for the Center for Medicare and Medicaid Services
- There are a variety of standardized supplemental Medigap plans to choose from; the “gap” refers to potential “co-pays” and/or “co-insurance” expenses that people owe for healthcare services that Medicare does not cover. For example, Medicare typically covers 80% medical services; patients pay for the remaining 20%.
- There are many “Supplemental” Insurance Plans. The two general types are: 1. Medigap Plans, which include three parts paid for separately: – Original Medicare (A+B), a supplemental insurance policy, and a drug plan also known as “Part D”. 2. Medicare Advantage Plans, in contrast, combine all three of the foregoing parts into one low monthly payment. However, Medicare Advantage Plans may have “co-pays” and “co-insurance” amounts depending on your state and county. But they also have annual “maximum out of pocket limits” to protect people from catastrophic medical expenses.
As Dan mentioned before the presentation, people make lots of assumptions about Medicare, which can negatively impact their health and harm their finances. Fortunately for us, Jake was able to clearly show the types of personal financial risks that people face with Medicare and importantly, how people can protect themselves and their families from these risks.
Mr. Whalen’s company helps clients sort thought all the possible choices when deciding what types of plans work best for them. For anyone with follow up questions, his contact information is as follows:
Phone – 732-528-4580
eMail – jake@seniormomentsmedicare.com
Website – www.seniormomentsmedicare.com