Maximizing Outcomes

Maximizing Outcomes


Medicare: What You Need To Know With Lukas Baker (Ep. 44)

March 29, 2024

Ready to retire but unsure about your Medicare options? Want to learn how to choose the plan that fits your lifestyle and budget?


Tune into this insightful episode of Maximizing Outcomes, where host Jim McGovern and Lukas Baker, founder of Baker Consulting Services, dive into the intricacies of Medicare planning. As a specialist in health insurance needs, Lukas provides crucial insights into Medicare’s various parts and offers strategies for managing out-of-pocket expenses in retirement.


Key Highlights:


  • Understanding Medicare: Get a clear explanation of Parts A, B, C (Medicare Advantage), and D
  • Filling Medicare Gaps: Learn about Supplemental and Medicare Advantage Plans to safeguard your finances
  • Ancillary Products: Discover how they complement Medicare Advantage and lessen expenses.
  • Enrollment Essentials: Understand the crucial timing for Initial, Annual, and Special Enrollment periods
  • Tailoring Your Plan: Find out how to match your Medicare plan with your healthcare needs, including preferred doctors and travel plans
  • Choosing Providers: Guidance on switching between Medigap and Medicare Advantage plans, and navigating underwriting
  • Managing Prescriptions: Strategies for choosing pharmacies and handling the ‘Donut Hole’
  • Advocacy in Healthcare: Learn the difference between HMO and PPO plans and how to advocate for your best care.
  • Plus more insightful tips and strategies!

Connect with McGovern Wealth Group:


Connect with Lukas Baker:


About Lukas Baker:


Lukas Baker, an experienced health insurance professional, specializes in Medicare planning, offering services in various health insurance areas, including dental, vision, and supplemental coverages. He advocates for a personalized, client-focused approach, providing comprehensive consultations to navigate Medicare’s complexities. His firm, Baker Consulting Services, based in Western Pennsylvania, caters to a diverse range of clients, including those under 65, early retirees, and those nearing Medicare eligibility.