There are a lot of moving parts when it comes to deciding what health insurance is most appropriate for a client about to retire. This is especially true for clients who may not be ready to apply for Medicare.
To help make it easier, we have created the “Will I Have To Change Healthcare Coverage As I Transition Into Retirement?” flowchart. It addresses common health insurance related issues for clients about to retire and evaluating their healthcare options:
- Medicare consideration
- Expected retirement age
- COBRA coverage
- HSA coordination
- Employer-sponsored health plan options
- Impact if employer has less than 20 employees
Updated 4/18/19
This article represents opinions of the authors and not those of their firm and are subject to change from time to time, and do not constitute a recommendation to purchase and sale any security nor to engage in any particular investment or legal strategy. The information contained here has been obtained from sources believed to be reliable but cannot be guaranteed for accuracy.