Healthcare in Retirement

One of the biggest expenses in retirement is healthcare.  In this podcast, I have invited Matt Lemen with AccesseHR to go over the 5 different options you have with healthcare in retirement.  Matt is a real expert in this field.  If you are ready to retire in the next few years, you will want to listen to this podcast to learn what options you have.

Here outline and timing of the interview:

1:45- Matt Talks about the first 3 options for health coverage in retirement…

3:20 Matt talks about “controlling your income” in retirement to reduce your healthcare costs…

5:00 Why Cobra premiums are surprisingly high…

5:50 Comparing  Cobra to Individual Plans and Covered California plan…

7:11 The drawbacks of Covered California…

8:07 The 3 components of a good health care plan…

8:50 Who to call to see if your doctor is on the health plan you are looking into. (It is not your doctor)…

10:40 The 4th option for coverage before you are eligible for Medicare…

11:39 The advantage of setting up a small group plan…

13:08 The reason the cost for Cobra varies so much from company to company…

14:48 Summary of the 4 options before you are eligible for Medicare…

15:08 Why Medicare is the ”Health Insurance Finish Line”…

16:07 Why everyone should have a Medicare Supplemental Plan…

18:05 The most common supplemental plan and how much it costs…

18:49 How much Medicare currently costs …

20:15 Prescription drug coverage…

20:55 How an expert can save you money…

21:56 How adjusting your deductible can save you money…

23:07 Why you need to match your benefits to your needs…

25:15 How to get ahold of Matt

To reach Matt Lemen at AccesseHR you can call him at 925-956-1686 or visit www.accessehr.com .