Abstract
A retiree’s single largest and most unpredictable expense is paying for health care, and this article explains the various choices and options that a retiree confronts regarding that expense. The article examines the traditional components of Medicare (Parts A and B), prescription drug plans (Medicare Part D), Medigap coverage, and managed care alternatives, as well as long-term care insurance. Each section addresses the financial trade-offs and time-sensitive decisions that are involved.
Original language | English (US) |
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Pages (from-to) | 433-458 |
Number of pages | 27 |
Journal | Connecticut Insurance Law Journal |
Volume | 20 |
Issue number | 2 |
State | Published - 2014 |
Keywords
- MEDICARE
- retirement health costs
- Medigap
- Managed care
- Long-term care