Katherine was excited because she was retiring in July of 2020. She began planning her retirement with the help of her financial advisor. As part of that planning process he referred her to us to help with Medicare. Katherine and her husband were covered by her employer’s health insurance and had questions about Medicare: what it covered and how much it cost.
As usual, prior to meeting with Katherine and her husband we asked them questions to better understand their healthcare needs and concerns. We agreed to meet at their financial advisor's office to educate them on Medicare and review their options based on their healthcare needs. The meeting went well and they left with a better understanding of their options. We agreed to meet again as her retirement date drew closer.
Then COVID-19 happened.
Katherine and her financial advisor re-evaluated her retirement plan and decided it would be better for her to delay retirement for at least another year. Katherine wanted to know what this change in plans meant with regards to Medicare. We explained that as long as she stayed on her employer’s health insurance, even beyond age 65, she could also delay enrollment into Medicare. This was good news for Katherine because her employer’s health insurance was a good plan with strong benefits. She now has the peace-of-mind knowing that her and her husband's health will be covered until she retires.
Who do you know who was ready to retire but may have to delay retirement and has questions about Medicare?
Please send them this post or share our contact information with them. We’d be happy to help them navigate the Medicare Maze.
