Friday, October 14, 2016

How to Choose the Right Medicare Plans

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Many beneficiaries make costly mistakes, says this author

You think Social Security’s rules for claiming benefits are complicated? They’re nothing compared to Medicare, says Philip Moeller, author of the massively helpful new book, Get What’s Yours for Medicare.  
“I think Medicare is easily as hard as Social Security and perhaps harder, to the extent that once you make your Social Security benefit choice, you’re by and large done,” said Moeller. “But once you’ve picked your Medicare plans, you’re not done at all. Not only do you need to learn how to use them, but you should evaluate them on a regular basis to ensure you have the best coverage year in and year out.”
With Medicare Open Enrollment starting this Saturday (and lasting through Dec. 7), this is an especially opportune time to get wise about Medicare. That’s true whether you’re 65 and about to enroll for the first time; you’re a current Medicare beneficiary and want to make smart decisions for 2017; you’re in your late 50s or early 60s and need to begin learning how Medicare works or you want to help your parents make the best decisions for their Medicare coverage. All of these types of people would find Moeller’s book extremely useul, I think. Click here to continue reading.

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