Enter your mobile number or email address below and we'll send you a link to download the free Kindle App. Then you can start reading Kindle books on your smartphone, tablet, or computer - no Kindle device required.
To get the free app, enter your mobile phone number.
Other Sellers on Amazon
+ Free Shipping
+ $3.99 shipping
Maximize Your Medicare (2013 Edition): Understanding Medicare, Protecting Your Health, and Minimizing Costs Paperback – October 12, 2012
There is a newer edition of this item:
See the Best Books of 2017
Looking for something great to read? Browse our editors' picks for the best books of the year in fiction, nonfiction, mysteries, children's books, and much more.
From the Author
There are many reasons I wrote Maximize Your Medicare.
Maximize Your Medicare is written for a wide variety of people.
Unfortunately, the system around them isn't easy. It isn't going to get easier. Leave your politics at the doorstep: there is no political solution to the fact that the average age of the population is increasing. Period. The fiscal and economic backdrop is not easy. I don't believe in "coulda, woulda, shoulda." If you took a particular angle on this issue as it relates to healthcare costs, I can EASILY debate the issue from the other angle, and to a stalemate. EASILY.
What I can do, what I have done here, is reduce the confusion. Sometimes we don't know where the confusion originates. The book sorts this out. Sometimes the retiree misunderstands. Sometimes the retiree is misinformed. As above, I am not trying to assess systematic blame. Maximize Your Medicare is for finding solutions, and for empowering seniors, or those that care for them. Maybe finding the answer alone is not possible: then, you require assistance. If this is the case, then Maximize Your Medicare is written so that you ask the right questions.
The examples called "This Happens" are not fiction. They are real. There are almost 20 of them in the book. They have occurred. I could tell you their names. I won't, out of respect for them. I am 100% certain these situations will occur again. 100%. Informed correctly, a person eligible for Medicare CAN make a choice that suits their personal situation best. I am not here to prioritize it for you. That is up to your health, financial, and personal situation.
Maybe Maximize Your Medicare is just a small contribution in helping our aging society do so with more grace and dignity.
About the Author
Jae W. Oh, MBA, CFP® CLU®, ChFC® is a Certified Financial Planner, Chartered Life Underwriter, a Chartered Financial Consultant, and a licensed insurance agent with Bankers Life and Casualty Company, a subsidiary of CNO Financial Group Inc. He has passed the CFP® Certification Exam as administered by the CFP® Board. He has a Master’s Degree in Business Administration (MBA) in Accounting and Finance from the University of Chicago (the top-ranked MBA program in the U.S. according to Business Week/Bloomberg, 2nd globally according to The Economist), and a Bachelors of Arts (BA) degree in Economics and Political Science from the University of Michigan, Ann Arbor. Chartered Life Underwriter (CLU®) and Chartered Financial Consultant (ChFC®) are trademarks of The American College.
If you’re the author, publisher, or rights holder of this book, let ACX help you produce the audiobook.Learn more.
Top customer reviews
There was a problem filtering reviews right now. Please try again later.
I next read the annual paperback manual which is put out by the Medicare people in Washington, and is free, very clearly written, and has state-specific info bound into the book as appendices, depending on which state you live in. As with any government document, it maintains a neutral point of view. My mother swears by this manual, which is mailed to Medicare participants in the fall of each year. She actually reads it. You should too. Free at www dot medicare dot gov.
In my opinion, you will need both manuals. They can each be read in 2-4 hours, since many chapters are simply not applicable.
The strength of Maximizing your Medicare is that it recommends certain plans, for example, Medigap. It also has abundant little 1/2-page case studies in what not to do.
The government annual Medicare book has great tables. One is a simple one-page flowchart showing the difference between The Medicare Part C (i.e. Advantage a.k.a. HMO/PPO options) vs. Medigap. Another is a listing of all the Medigap (a.k.a. Supplemental) plans, from F, G, etc etc (I call them the alphabet soup plans, to avoid confusing with Medicare parts A/B/C/D. The state-specific appendix shows the Satisfaction Rankings for all the different providers, such as Cigna, Aetna, Humana, etc.
Update 3-2014: I loaned this book out, but needed it again, so I bought a second copy, which happened to be the 2014 edition. Obviously, Medicare changes very slowly, and the biggest recent change was Part D (Drugs) back around 2004. However, the book was up-to-date, so you can rely on its being current. A houseguest who is turning 65 soon devoured it during her visit, and loved it.
Update 6-2016: I read this book again over a long lunch, since the big SIXTY-FIVE was coming up shortly. Several chapters toward the end were non-applicable, so I was able to read it again in about an hour or two. The thing that I want to convey to the readership is: 1) the case studies are quite good. I say this as an old Business-school grad with bunches of lovable case studies. 2) Shall a person get a Med/Advantage/Plan (part C) -- or -- get a Medi-Supp? The names are confusing. Strongly recommended to study the choices. Frankly, there is no RIGHT answer, but you will need to choose -- nevertheless.......................Am still a BIG fan of this book.
If this is helpful, please click "helpful." If not, leave me a comment. Thanks.
I started this morning with plans to write a very detailed review of the book, providing my views on the contents of each chapter. During the process of rereading the book and writing, I realized that I can give my views of the book very succinctly without going into much detail and this is what I have decided to do [and then watch Masters on TV :-) ]
One can get some/most of the information on Medicare from the net and also from government supported organizations like SHIP [...]. However, the book has it all in one spot, reading it will put you at a higher level of knowledge, and some of the specific advice it gives (such as the ones below, for instance) _alone_ will pay for the book many times over, if you are in that situation.
1. If you do not join Medicare Part B when you first become eligible because you have a creditable employer sponsored plan and then you decide later to _voluntarily_ leave the employer plan and rejoin Medicare Part B, you _are_ eligible for the Special Election Period. If someone in the Social Security Administration (mistakenly) says that you are not, tell them `taint so', because `taint so'.
2. Get one of the _specific_ Medigap plans mentioned to prevent Part B Excess charges.