If you’re 65+ and still working, does it make sense to stay on your employer-sponsored health plan?
By Roni Bell, HealthMarkets Insurance Agency
If you’re still working but have reached the age of 65, does it make better sense to stay on your employer-sponsored health plan or make the move to Medicare?
Yes, no, and maybe.
See, it all depends on what your individual circumstances are. Most people think that because they’re still in the working world, they should remain on their company-sponsored health plan. It’s familiar, but it might not be the best option. If you’re single, it could be beneficial to move over to Medicare. If you’re married, your spouse isn’t yet 65, and he or she relies on you for health care coverage, it might be better if you stayed put.
Depending on your deductible and the monthly cost of your current healthcare coverage, it might make sense to move over to Medicare.
What’s important to note is that everyone doesn’t have the same need, regardless of whether they’re 65 or not. That’s why a free review is so important. I’ll sit down with you to discuss the ins and outs of Medicare, and the details pertaining to your situation. Then, together, we’ll come up with a plan that works best for you—now and into the future.
The point is that no one wants to spend money on health care if they don’t have to. By meeting with me, you might be able to free up enough cash to divert to your retirement plan or IRA—and it won’t cost you a dime to find out. Give me a call to schedule your personal appointment.
HealthMarkets Insurance Agency is located at 1039 Pearl Road, in Brunswick. Call Roni at 330-225-2550. Hours are Monday through Friday, 9 a.m.-5 p.m.; Saturday, Sunday and evening hours by appointment. Visit the website at HealthMarkets.com/RoniBell.
HealthMarkets Insurance Agency, Inc. is licensed as an insurance agency in all 50 states and the District of Columbia. Not all agents are licensed to sell all products. Service and product availability varies by state. Agents may be compensated based on enrollment. No cost or obligation to enroll. HMIA006517