For most of our lives, we have employer-based health insurance. It's how we pay for doctor appointments, hospital visits, and labs. When you approach the end of your working years, there are some very important factors to consider because Medicare becomes your health insurance.
The timing of your enrollment in Medicare is critical. Even after enrolling in Medicare, there are times during the year when you may wish to make a change in your coverage. The type of Medicare plan you choose may depend on where you intend to live, how much you intend to travel, known health problems, or the cost of prescription medications now or in the future. Bob Pease from the Alera Group returns to the show to break down these factors to consider.
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