Call Us 281-213-4653 ☰ ˟
281-213-4653
Logo
  • Home
  • Get a Quote
    • Annuity Quote Form
    • AutoImage of right arrow
      • Auto GAP Insurance Quote
      • Auto Insurance Quote
      • Mexico Travel Insurance Quote
    • Business & CommercialImage of right arrow
      • Commercial Auto Insurance Quote
      • General Liability Quote Form
      • Business Owners (BOP) Quote Form
      • Workers Compensation Quote
    • Earthquake Quote
    • Flood Quote Form
    • Homeowners Insurance Quote
    • Life Insurance Quote
    • Limousine Quote
    • Manufactured Homes
    • Motorcycle Insurance Quote
    • Renters Insurance Quote
    • Recreational Vehicle Insurance Quote
    • Term Life Insurance Quote
    • Truck Quote Request
    • Watercraft Insurance Quote
    • Wind Quote Form
  • Customer Service
    • AutoImage of right arrow
      • Request ID Card for Auto Policy
      • Request Declaration and Coverages Page for Auto Policy
      • Send Declaration and Coverages Information to Lien Holder
      • Add Vehicle to Existing Auto Policy
      • Remove Vehicle from Existing Auto Policy
      • Add Driver to Existing Auto Policy
      • Remove Driver from Existing Auto Policy
      • Auto Accident Claim
    • Business & CommercialImage of right arrow
      • Request ID Card for Commercial Auto Policy
      • Request Declaration and Coverages Page for Commercial Auto Policy
      • Add Vehicle to Existing Commercial Auto Policy
      • Remove Vehicle from Existing Commercial Auto Policy
      • Add Driver to Existing Commercial Auto Policy
      • Remove Driver from Existing Commercial Auto Policy
      • Request General Liability Certificate of Insurance
      • Commercial Auto Accident Claim
    • Request Declaration and Coverages Page for Existing Earthquake Insurance
    • Earthquake Property Loss Claim Form
    • Request Declaration and Coverages Page for Existing Flood Insurance Coverage
    • Flood Property Loss Claim Form
    • Request Declaration and Coverages for Existing Homeowners Insurance Coverage
    • Manufactured Home Quote
    • Property Loss Claim Form
    • Homeowner Flood Quote Form
    • Request Evidence of Insurance
    • LifeImage of right arrow
      • Request Declaration and Coverages Page for Existing Life Insurance Coverage
    • RentersImage of right arrow
      • Request Declaration and Coverages Page for Existing Renters Insurance Coverage
      • Renters Property Loss Claim Form
    • MotorcycleImage of right arrow
      • Request ID Card for Motorcycle Policy
      • Request Declaration and Coverages Page for Motorcycle Policy
      • Add Motorcycle to Existing Policy
      • Remove Motorcycle from Existing Policy
      • Add Driver to Existing Motorcycle Policy
      • Remove Driver from Existing Motorcycle Policy
      • Motorcycle Accident Claim
    • Recreational VehicleImage of right arrow
      • Request ID Card for Recreational Vehicle Policy
      • Request Declaration and Coverages Page for Recreational Vehicle Policy
      • Add Recreational Vehicle to Existing Policy
      • Remove Recreational Vehicle from Existing Policy
      • Add Driver to Existing Recreational Vehicle Policy
      • Remove Driver from Existing Recreational Vehicle Policy
    • WindstormImage of right arrow
      • Request Declaration and Coverages Page for Existing Wind Insurance Coverage
      • Windstorm Property Loss Claim Form
    • Watercraft & BoatImage of right arrow
      • Request ID Card for Watercraft Policy
      • Request Declaration and Coverages Page for Watercraft Policy
      • Add Watercraft to Existing Policy
      • Remove Watercraft from Existing Policy
      • Change Primary Operator on Existing Watercraft Policy
      • Watercraft Accident Claim
    • Policy Review Request
  • Blog
  • Make a Payment
  • Resources
    • Amazon Gift Card
    • Refer a Friend
    • Life Settlement
    • R&D Tax Credit
    • Frequently Asked Questions
    • Insurance Glossary
    • Privacy Policy
  • About us
  • Contact
Home > Blog > What Happens When I Retire?
FRIDAY, OCTOBER 15, 2021

What Happens When I Retire?

Health insurance considerations weigh heavily on the
minds of people wanting to retire before Medicare
coverage kicks in at age 65. Many people put off
retirement simply because the cost of an individual
health insurance policy is too great on a limited
income.

What options for health insurance do you have if you
choose to retire before age 65? Although they are not
required to, you may be able to get COBRA-like
coverage from your employer.

As an added retirement benefit, your employer may
allow you to pick up the premium on your policy;
although paying 100% of your premium may initially
appear to be an expensive option, purchasing an
individual policy apart from a group may be even more
costly and not provide you with the level of coverage
you previously had.

Some companies are offering basic high-deductible
insurance reasonably in the hopes that they will be
able to enroll you in Medicare Part C (supplemental
insurance) when you retire.

Another option is to budget and save money to cover
your anticipated medical costs for the time period
between retirement and age 65. If you are in very good
health, this may be a viable alternative for you.

Pre-planning for retirement is an important issue; the
earlier you start planning, the better. Realizing the
Medicare does not pay all of your medical expenses,
you should budget money for medical expenses even
after retirement.
Posted 2:00 PM

Tags: health insurance
Share |


No Comments


Post a Comment
Required
Required (Not Displayed)
Required


All comments are moderated and stripped of HTML.

NOTICE: This blog and website are made available by the publisher for educational and informational purposes only. It is not be used as a substitute for competent insurance, legal, or tax advice from a licensed professional in your state. By using this blog site you understand that there is no broker client relationship between you and the blog and website publisher.
Blog Archive
  • 2022
  • 2021
  • 2020

  • insurance(32)
  • life insurance(22)
  • health(19)
  • term life(13)
  • whole life(13)
  • affordable(13)
  • medical expenses and funeral costs(12)
  • funerals(12)
  • death benefit(12)
  • funeral expenses(12)
  • final expense insurance(12)
  • final expense(12)
  • cheapest life insurance(12)
  • reduce life insurance cost(12)
  • term life insurance(12)
  • whole life insurance(12)
  • car insurance(10)
  • health insurance(10)
  • get(9)
  • how(8)
  • to(8)
  • car(8)
  • auto insurance(7)
  • student(6)
  • low cost health insurance(4)
  • in(4)
  • term(4)
  • cheap car insurance(4)
  • cheap(4)
  • cost(3)
  • blend your strengths with small business needs(3)
  • life(3)
  • low(3)
  • life insurance policy(3)
  • health savings accounts(2)
  • mobile home(2)
  • discounts for homeowners insurance(2)
  • travel insurance(2)
  • hard time figuring out life insurance try these helpful ideas(2)
  • business owners policy(2)
  • when and how to switch your insurance(2)
  • premium financing(2)
  • the(2)
  • insurance tips that can really pay off(2)
  • cheapest car insurance(2)
  • virginia(2)
  • premium finance(2)
  • deciding on boat insurance coverage(2)
  • in-home business policy(2)
  • renting apartment(2)

View Mobile Version
Logo
Quick Links
Home Our Products Customer Service Payment Options Report a Claim
About Us Refer A Friend Our Carriers Blog Contact Us
Location
281-213-4653
Fax: 832-327-7470
Social Social Social Social
© Copyright. All rights reserved.
Powered by Insurance Website Builder