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Maximize Your Medicare: 2022-2023 Edition: Qualify for Benefits, Protect Your Health, and Minimize Your Costs
"Jae Oh’s Maximize Your Medicare is the best book I’ve read on understanding all of the Medicare options and how Medicare intersects with other health insurance options." —Wade Pfau, Professor of Retirement Income at The American College
Includes the Most Up-to-Date Information for 2022-2023
Confused by Medicare? Get answers from Maximize Your Medicare, an informative guide by nationally recognized expert Jae W. Oh. Maximize Your Medicare helps readers understand how and what to choose when deciding on Medicare options. This book shows readers how
Enroll in Medicare and avoid never-ending penalties
Compare Medigap vs. Medicare Advantage
Discern the differences among Parts A, B, and D
Increase benefits every year
Avoid costly errors
Deal with special circumstances
Get the most from the plan
Additional information for this new edition
Putting it the steps you need to take to be a Savvy Medicare Consumer
New coverage options for Diabetes and End-Stage Renal Disease patients
How the ACA enhancements can change your retirement decision-making path
Written in a clear and concise style, Maximize Your Medicare is a vital resource for every American aged sixty-five or older, as well as for their families and care coordinators.
ged sixty-five or older, as well as for their families and care coordinators.
Includes the Most Up-to-Date Information for 2022-2023
Confused by Medicare? Get answers from Maximize Your Medicare, an informative guide by nationally recognized expert Jae W. Oh. Maximize Your Medicare helps readers understand how and what to choose when deciding on Medicare options. This book shows readers how
Enroll in Medicare and avoid never-ending penalties
Compare Medigap vs. Medicare Advantage
Discern the differences among Parts A, B, and D
Increase benefits every year
Avoid costly errors
Deal with special circumstances
Get the most from the plan
Additional information for this new edition
Putting it the steps you need to take to be a Savvy Medicare Consumer
New coverage options for Diabetes and End-Stage Renal Disease patients
How the ACA enhancements can change your retirement decision-making path
Written in a clear and concise style, Maximize Your Medicare is a vital resource for every American aged sixty-five or older, as well as for their families and care coordinators.
ged sixty-five or older, as well as for their families and care coordinators.
- GenresNonfiction
242 pages, Kindle Edition
Published February 8, 2022
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Displaying 1 - 10 of 10 reviews
July 24, 2022
Maximize Your Medicare
Maximize Your Medicare by Jae W. Oh is a comprehensive overview that cuts through the confusion surrounding Medicare benefits and choices. Chapters start by listing “Truths and Myths” as it unravels common misconceptions and addresses misinformation as it systematically provides an understanding of current federal regulations and the benefits available. It goes on to examine secondary coverage options including Medicare Part D (drug coverage), and warns how delaying enrollment can be a costly mistake over time. The author even points out how procrastination in making your Medicare decision can be a costly mistake leaving you enrolled in Original Medicare without the optional Part B which pays for services that Part A doesn’t cover such as doctors' services, outpatient care, and other necessary medical services not covered under Part A. If you don’t have Part B, that money comes out of your pocket.
I can’t begin to condense all this book has to offer, but I can tell you the author does a good job unraveling a complicated topic in a down-to-earth manner. She offers a common-sense approach for how to investigate insurance-based solutions involving long-term and short-term care and pinpoints specifics to be aware of regarding short term-convalescent care and long-term care insurance. And one more thing I found really helpful is the glossary listing all the initialisms and acronyms of terms such as ADLs (Activities of Daily Living) and what they are: eating, bathing, dressing, toileting, transferring (walking), and continence. Along with definitions, most listings include details regarding what you need to know about related coverage. For instance, for ADLs “Long-term care insurance may cover a patient if it is documented that he/she cannot conduct three ADLs.”
This book warns that “one should not assume anything.” You need to educate yourself in order to make the best choice for your situation. It points to resources for more information and walks readers through the complications of the American Rescue Plan Act, as well as the many facets of retirement health benefits, including VA benefits eligibility and cost-sharing. Information contained in this book may surprise some and overwhelm others, but it is necessary if you want to make educated choices when it comes to your Medicare health coverage. I recommend this book to anyone approaching retirement age. I also recommend it to those already on Medicare to help them know what to do when Open Enrollment comes around because the current information offered in this book provides key takeaways to help the savvy consumer make decisions regarding which Medicare plans are right for them and why. I give this book a solid 5 stars.
As Book Hookup, I am a longtime book reviewer, and I received this book as a free review copy and have not been compensated for reviewing or recommending it. This review is posted in collaboration with Book Tasters.
Maximize Your Medicare by Jae W. Oh is a comprehensive overview that cuts through the confusion surrounding Medicare benefits and choices. Chapters start by listing “Truths and Myths” as it unravels common misconceptions and addresses misinformation as it systematically provides an understanding of current federal regulations and the benefits available. It goes on to examine secondary coverage options including Medicare Part D (drug coverage), and warns how delaying enrollment can be a costly mistake over time. The author even points out how procrastination in making your Medicare decision can be a costly mistake leaving you enrolled in Original Medicare without the optional Part B which pays for services that Part A doesn’t cover such as doctors' services, outpatient care, and other necessary medical services not covered under Part A. If you don’t have Part B, that money comes out of your pocket.
I can’t begin to condense all this book has to offer, but I can tell you the author does a good job unraveling a complicated topic in a down-to-earth manner. She offers a common-sense approach for how to investigate insurance-based solutions involving long-term and short-term care and pinpoints specifics to be aware of regarding short term-convalescent care and long-term care insurance. And one more thing I found really helpful is the glossary listing all the initialisms and acronyms of terms such as ADLs (Activities of Daily Living) and what they are: eating, bathing, dressing, toileting, transferring (walking), and continence. Along with definitions, most listings include details regarding what you need to know about related coverage. For instance, for ADLs “Long-term care insurance may cover a patient if it is documented that he/she cannot conduct three ADLs.”
This book warns that “one should not assume anything.” You need to educate yourself in order to make the best choice for your situation. It points to resources for more information and walks readers through the complications of the American Rescue Plan Act, as well as the many facets of retirement health benefits, including VA benefits eligibility and cost-sharing. Information contained in this book may surprise some and overwhelm others, but it is necessary if you want to make educated choices when it comes to your Medicare health coverage. I recommend this book to anyone approaching retirement age. I also recommend it to those already on Medicare to help them know what to do when Open Enrollment comes around because the current information offered in this book provides key takeaways to help the savvy consumer make decisions regarding which Medicare plans are right for them and why. I give this book a solid 5 stars.
As Book Hookup, I am a longtime book reviewer, and I received this book as a free review copy and have not been compensated for reviewing or recommending it. This review is posted in collaboration with Book Tasters.
January 3, 2023
I entered the military at age 18 and spent a career receiving military health care, both for me and for my family. Upon retirement from active duty, I used Tricare, the very low cost military health care option. When nearing age 65, I was required to register for Medicare; Tricare became my secondary coverage. I regret that I did little research into Medicare before adopting it. My failure to look into this government sponsored health care program caused me to get the wrong impression about its potential benefits. I was paying $144 per month, minimum, and I couldn't even use Medicare to get a physical. What good was it? Then, I spent a couple of days in the hospital, had surgery, and was assigned an expensive monitoring program. The out-of-pocket cost? Next to nothing. Medicare is a good program, and it behooves anyone embarking on it to find out as much as possible about it. As the author of Maximize Your Medicare suggests, it is the most important financial research a 65 year old can accomplish.
Maximize Your Medicare is like an encyclopedia in that it is not designed to be read from cover to cover. It is, rather, an extensive manual which painstakingly discusses the do's and don'ts of Medicare - what do you need to know, and what aspects of this program are best suited to you?
Here are some selected comments about, or in, the book:
Even though I’ve served in senior management and consulting
roles with hospitals and physician practices for almost forty years
and thought I understood the arcane rules governing qualifying
for Medicare and the various options for coverage, the eye-openers
covered in this book will prove invaluable to anyone on the cusp
of qualifying and as a guide to assure one is sufficiently covered
from year to year.”
“I have been a Medicare insurance broker in Pennsylvania, New
Jersey, and Florida for the last twelve years. I have been carry-
ing the annually updated version of Maximize Your Medicare
with me for the past six or seven years. I would not go to an
appointment without it. Technical questions/answers and third-
party thoughts are very helpful for immediate clarifications and
in-depth information.”
The Medicare program is not going away, in spite of conjecture about its impending demise, and few financial advisors know all there is to know about Medicare.
Administrators of Medicare send out an annual publication, Medicare and You, but that book merely presents options - it does not offer recommendations. Maximize Your Medicare is
a better publication.
Maximize Your Medicare is like an encyclopedia in that it is not designed to be read from cover to cover. It is, rather, an extensive manual which painstakingly discusses the do's and don'ts of Medicare - what do you need to know, and what aspects of this program are best suited to you?
Here are some selected comments about, or in, the book:
Even though I’ve served in senior management and consulting
roles with hospitals and physician practices for almost forty years
and thought I understood the arcane rules governing qualifying
for Medicare and the various options for coverage, the eye-openers
covered in this book will prove invaluable to anyone on the cusp
of qualifying and as a guide to assure one is sufficiently covered
from year to year.”
“I have been a Medicare insurance broker in Pennsylvania, New
Jersey, and Florida for the last twelve years. I have been carry-
ing the annually updated version of Maximize Your Medicare
with me for the past six or seven years. I would not go to an
appointment without it. Technical questions/answers and third-
party thoughts are very helpful for immediate clarifications and
in-depth information.”
The Medicare program is not going away, in spite of conjecture about its impending demise, and few financial advisors know all there is to know about Medicare.
Administrators of Medicare send out an annual publication, Medicare and You, but that book merely presents options - it does not offer recommendations. Maximize Your Medicare is
a better publication.
June 18, 2022
Jae Oh breaks down the facts about medicare in a way that may not exactly make it crystal clear to someone learning about this for the very first time, but it is well organized. As I personally approach my older years, it is important to understand the benefits as well as the pitfalls that Medicare offers. Whether it is you needing this type of information, or for your parents or loved one, it is a book that needs to be read, if for nothing else, simply to know what kinds of questions you need to ask prior to signing up. The author also points out though that the laws and plans change periodically for Medicare, but that was also helpful, because I know now that this is something I need to continue to keep up.
Although I still have questions and uncertainties about which plan will work best for me, I do have 7 more years to figure it all out. I am glad I read the book, and if nothing else, it has reminded me of how important my health is, and the need to try to control the things that I can (weight, for instance) and to continue with a healthy diet, because the more medical care you need, the more the cost will be in the end.
Although I still have questions and uncertainties about which plan will work best for me, I do have 7 more years to figure it all out. I am glad I read the book, and if nothing else, it has reminded me of how important my health is, and the need to try to control the things that I can (weight, for instance) and to continue with a healthy diet, because the more medical care you need, the more the cost will be in the end.
March 24, 2023
"Maximize Your Medicare" by Jae W. Oh, MBA, CFP is a comprehensive guide to understanding the complex Medicare system in the United States. The author is a certified financial planner who has extensive experience in the healthcare industry, and he provides readers with a detailed explanation of the Medicare system, including the various parts of Medicare, enrollment periods, and coverage options.
The book covers a range of topics related to Medicare, including how to choose between traditional Medicare and Medicare Advantage plans, how to navigate the prescription drug coverage gap (known as the "donut hole"), and how to plan for long-term care needs. It also includes advice on how to avoid common mistakes when enrolling in Medicare, such as missing enrollment deadlines or choosing the wrong plan.
Overall, "Maximize Your Medicare" is a useful resource for anyone who is approaching Medicare age or who is already enrolled in Medicare and looking to better understand their options. The book is written in a clear and accessible style, and the author's expertise in both finance and healthcare make him well-equipped to provide readers with valuable insights and advice.
The book covers a range of topics related to Medicare, including how to choose between traditional Medicare and Medicare Advantage plans, how to navigate the prescription drug coverage gap (known as the "donut hole"), and how to plan for long-term care needs. It also includes advice on how to avoid common mistakes when enrolling in Medicare, such as missing enrollment deadlines or choosing the wrong plan.
Overall, "Maximize Your Medicare" is a useful resource for anyone who is approaching Medicare age or who is already enrolled in Medicare and looking to better understand their options. The book is written in a clear and accessible style, and the author's expertise in both finance and healthcare make him well-equipped to provide readers with valuable insights and advice.
January 23, 2025
The book was OK but I think it went down too many rabbit holes listing all the exception processes and scenarios. It convinced me there is no way I will choose a Medicare Advantage plan as I have no chance of understanding all the crazy rules and regs (even though I think I am a fairly bright guy.). I will gladly choose a Medigap policy this year as I turn 65. As a side note think we should start over with this whole ‘healthcare process.’ We need one nationalized database and require all providers to integrate with that data platform. Of course this would require significant and much needed process improvement resulting in cost reduction and improved data quality/integrity. I believe this would also help enable providers to focus on patient health as opposed to making revenue for the private equity companies taking over healthcare.
January 25, 2023
It is a comprehensive book for retired people to know about the best medicare. It helps to guide people regarding the best medicare they can get.
May 8, 2023
Maximize your medicare is a very interesting book and the author knows this subject extremely well. This book is a good guide so a 5 star rating is appropriate!
Read
December 3, 2023Informative with almost too much information. Not easy to nav igate
March 3, 2024
Read ahead of time and you will be happier. Waiting is wise for some things, but not for others
September 20, 2025
Overall there is a good amount of info here, it just is not written well, nor it organized as well as it could be.
Displaying 1 - 10 of 10 reviews