Retiree Health Choices (RHC) was founded in 2010 by a group of senior industry professionals familiar with the ins and outs of the Medicare market. Knowing the complexity of the sector and the confusion surrounding Medicare decisions, we are developing online products and exchange-based services to meet growing consumer demand for better Medicare decision-making tools.
Existing web tools marketing Medicare coverages do not reflect the needs of users or the potential of the internet. Medicare beneficiaries are comfortable using web-based tools and are looking for a better user experience in shopping for Medicare coverage. And, carriers and brokers are looking for ways to use the internet to reduce their cost of sales. We are creating the tools and resources to move more of the shopping and decision-making process online and, at the same time, utilizing an array of technologies to make it easy for the user to move away from the internet and engage with live support at the time and manner of the user’s choosing.
RHC has developed a range of tools to help users plan for their health care expenses in retirement, understand the differences between different health insurance options, and choose their best coverage. Our EasyMedicareSolutions TM tool allows the user to answer several simple questions, and receive a personalized report showing what total costs are likely to be under different Medicare Supplement plans. Our lifetime calculator allows users to estimate their total health care costs in retirement and begin the process of saving for this expense.
More Americans are working past 65 and continue to have employer-sponsored health insurance. However, the intersection of Medicare and employer coverage has a number of traps for the unwary and some of these traps come with real financial consequences. This makes it more important than ever that you (and your employer) understand the complex rules […]
Health insurance is an empty promise if your doctor or hospital is not covered. Headlines keep on reminding us that insurance companies are restricting the doctors and hospitals covered by their plans. People covered by Medicare have their own separate rules and these Medicare-specific rules have both good news and bad news—but mostly good news. […]
There has been a lot in the media about the recent budget deal and changes to the Medicare Part B premium. What just happened? Here is the bottom line (and its confusing): · If you are a current Medicare beneficiary and pay your Part B premium though a deduction to your Social Security check, your […]
Both the popular press and the benefits/HR trade publications have been sounding the alarm—older workers are not adequately saving for their health care costs in retirement. There are many reasons for this “retiree medical adequacy” gap—including limited resources and competing needs (e.g., housing, children’s’ education, and retirement income needs) and confusion over the best asset-accumulation […]