September 1, 2016
Retirement finance expert Moeller (coauthor, Get What's Yours) offers a primer on Medicare, the governmental mechanism that provides retirees health insurance. He unpacks the pieces and parts of the system, what they cover, how they interact, and discusses their relationship to private insurance. Original Medicare, Medicare Advantage, Part D prescription coverage, and Medigap policies present beneficiaries with an array of confusing but important decisions to make. Here, they are examined in plain English without oversimplification. Examples of coverage and costs are constructed to help readers apply them to their own circumstances. In the chapter "Mugged and Drugged," the mysterious workings of Part D prescription plans are explained. There is a helpful chart that compares popular plans and their premiums as well as guidance on how drug plan tiers work. A glossary illuminates terminology that is often thrown around without explanation. References to additional explanatory sources and an extensive notes section packed with charts, addresses, and statistics round out this guide. VERDICT Anyone needing to make informed decisions related to coverage and costs under Medicare and its relatives will find this book useful.--Joan Pedzich, formerly with Harris Beach PLLC, Pittsford, NY
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