Healthcare for Retirement

What kind of healthcare costs can I expect after retiring?

"According to a new report from Fidelity, a 65-year-old couple that plans to retire in 2012 needs an additional $240,000 to cover out-of-pocket costs not covered by Medicare." With the cost of healthcare on the rise, you want to make sure you consider all your options for coverage. Making an informed decision is critical to your future.

What are my options for healthcare after retirement?

If you are retired and under the age of 65, there are individual health coverage options available. For most Americans over the age of 65, Medicare will be the answer. However, it isn't that simple. Healthcare after retirement now includes deciding between Medicare and Medicare Advantage, various supplemental insurances, and additional prescription drug plans.

How do Medigap plans supplement Medicare?

Medigap is sold by private insurance companies. This supplemental insurance covers copayments and deductibles, expenses that Orignal Medicare doesn't cover. Typically, Medigap will help you pay for your Medicare Part B claim. They will get your claim information directly from Medicare, and then they pay the doctor directly.

When is additional prescription drug coverage necessary?

Additional prescription drug coverage may be necessary to cover costly medications. Plans can be purchased from private insurance companies that Medicare approves. Each drug plan can vary by price, which pharmacies it includes, and what medications are covered.

Get Competitive Quotes for all your Healthcare Needs

Whether you are looking to purchase an individual insurance plan, Medigap, or a prescription drug plan, you can find quality quotes here. We will save you time and money by matching you with the best plans available.