Do you know about the annual enrollment period for Medicare, or about lifetime penalties for late enrollment, or any number of other key Medicare rules? Medigap and Medicare Advantage each get their own chapters, with little comparative information. If you continue to do so while on Medicare, you could face stiff tax penalties. This edition was released in October 2016, and now, it is absolutely current. It pays to examine the list of drugs offered by each. Should you read or get your own copy, make sure it is the latest edition as things have changed in 2015, and of course will change in the future. Read on, and consider yourself told.
I managed to enroll in Medicare but frankly speaking I found better information from a guy selling Medicare Advantage insurance plans at the local Publix Market. Don't even get me started. It permits people to choose new plans, usually with no adverse coverage or pricing consequences. His clarity and accuracy are outstanding. The cost of drugs can be a big part of health-care expenses in retirement. Phil Moeller thinks the same of bureaucracy and senseless rules as the average reader.
Squires, a former Washington Post Health writer who now blogs at , expects to begin using Medicare on Jan. Learn how to maximize your health coverage and save money. I'm about to turn 65, and eagerly pre-ordered this book before it was even published, thinking that Moeller would provide the same simple, common sense guide to Medicare that he provided for Social Security. A lot of it seems to be basic Medicare tables and instructions, written in a slightly breezier and more readable style. This is one of two classic paths into Medicare. Occasionally, of course, the bad stuff surfaces. Way too much to absorb with just one read.
In Get What's Yours for Medicare, retirement expert Philip Moeller explains how to understand all these important choices and make the right decisions for your health and wealth now—and for the future. Each day, about 10,000 baby boomers turn 65, making them eligible to join the 58. There are a lot of different plans that can work better or worse depending on your health status and finances. Phyllis wound up with Original Medicare, the hoped-for Part D plan, and a Medigap policy. Both plans will continue operating, but since no new members will be added, current members will probably see premiums rise as the pool of people sharing costs in these plans shrinks.
For those of us near a certain age 65 , this is an indispensible guide to what Medicare does and doesn't provide. Better yet, funds spent on eligible medical expenses are not taxed either. After fielding your Medicare questions for the past 18 months, even my low-wattage bulb began to flicker with growing recognition for how closely connected the two programs are. What do you do if Medicare denies payment for a procedure that your doctor says you need? Drop-ins are allowed, but it will be faster to schedule an appointment either in person or via phone by calling 800-772-1213. Oh wait, I knew who the victim was going to be, so maybe I should say - read it as a page turning thriller. Unfortunately, I don't think his book sheds Not a full review, because I dropped this book after about 40 pages. Social Security provides the bulk of most retirees income and Medicare guarantees them affordable health insurance.
However, if you forgo Medicare and later change your mind, there can be steep late-enrollment penalties and many months may pass before Medicare insurance takes effect. And when she wanted to go refill her parking meter and avoid a possible parking ticket, she was told she would lose her place in line if she left the office. Started reading this book with all the excitement of a murder mystery! It is written as a consumer guide for those receiving Medicare. I found myself highlighting and bookmarking several pages for future reference. Oh wait, I knew who the victim was going to be, so maybe I should say - read it as a page turning thriller.
Understanding and navigating Medicare is the best way to save health care dollars and use them wisely. Which Part D drug plan is right and how do you decide? There is so much information that one will be able to use to access important information concerning this benefit. Yes, we know it's a mess; only the facts presented. Health Savings Accounts Health savings accounts have grown in popularity in employer health insurance plans. Last year, Moeller almost made a costly mistake himself. Or are we being led down a sparkling golden path by the insurance providers? About 14 million Americans buy a Medigap plan, according to the American Association for Medicare Supplement Insurance. How do you navigate the appeals process for denied claims? Yes, we know it's a mess; only the facts presented.
Compounding this, individuals joining Medicare from health insurance on the job might not realize how much Medicare differs. There are only two main paths here. Failing to act can bring about severe and permanent penalties. Enroll online or by mail, but many experts advise signing up in person at a Social Security office. I may have to borrow again or purchase.