The Long View Phil Moeller: A Road Map for Navigating Medicare
9 snips
Oct 22, 2024 Phil Moeller, the primary author behind the popular 'Get What’s Yours' guidebook series, shares his extensive expertise on Medicare and Social Security. He discusses the complexities of navigating Medicare financing and the recent changes in drug costs, emphasizing the importance of understanding both traditional Medicare and Medicare Advantage plans. Moeller highlights valuable resources for consumers, such as the Medicare plan finder and the Kaiser Family Foundation. His insights equip listeners with crucial knowledge to maximize their healthcare benefits.
AI Snips
Chapters
Transcript
Episode notes
Social Security Changes
- Phil Moeller's book, "Get What's Yours," reportedly prompted Social Security changes.
- These changes closed loopholes like "file and suspend," impacting higher-income seniors.
Navigating Complexity
- Medicare and Social Security can be explained clearly for informed decision-making.
- Media and insurers often make these programs seem more complicated than they are.
Medicare Funding Misconception
- Most consumers misunderstand how Medicare is funded, believing they pay more than they do.
- Payroll taxes cover Part A, while general revenues cover 75% of Part B costs, a fact often unknown.