Did you know that health care is likely to be one of your biggest expenses in retirement? In fact, for those who retire at age 65, the cost of health care in retirement is second only to the cost of food. Planning ahead for health care expenses in retirement is a smart move, and understanding what role Medicare will play in your future health care plan can help you prepare.
In this video, a representative from the Michigan Medicare Medicaid Assistance Program (MMAP) explains how and when to enroll in Medicare, what expenses Medicare will and won’t cover, and why you should reevaluate your health care plan each year once you have enrolled. We also discuss some important updates from MERS and share how retirees can get help choosing the right health care plan from benefits counselors at Mercer Marketplace 365+ Retiree.
Transcript Coming Soon (pdf)