Getting the Most from Medicare-Understanding Medicare

Health costs are the biggest unpredictable expense for older Americans, who are turning 65 at the rate of 10,000 a day. While Medicare guarantees them affordable health insurance, few Americans know what Medicare covers and what it doesn’t, what it costs, and when to sign up. Philip Moeller, author of Get What's Yours for Medicare: Maximize Your Coverage, Minimize Your Costs explained why Medicare has become so confusing, and how people approaching retirement can understand these complex and important choices.