Retiree Health Choices is a Chicago technology company that helps retirees and Boomers navigate the often-complex Medicare sector. Recently, Retiree Health Choices launched EasyMedicareChoices.com to put retirees in the drivers’ seat with retirement insurance choices.
Before anyone enrolls in Medicare, however, they need to better understand the lexicon of the retirement insurance system.
More 65-year-old Americans are electing to stay in the workforce, and if they’re fortunate to have benefits that accompany full-time employment, then full dependence on Medicare can be postponed.
Most workers, however, are not so lucky when it comes to employer-provided health care. When an employee hits 65-years-old, the customary retirement age, then companies prefer health insurance benefits to be paid by Medicare.
Anyone still working through their ‘60s, needs to be fully aware of details about group health insurance coverage and Medicare plans. Often, it’s a gray area; there isn’t a benefits department in a workplace to assist 64-year-olds with insurance choices or which path to take and when.
A recent study showed a state-by-state analysis of the best locations for adults 65 and older to settle down.
The healthiest state for seniors was Minnesota followed by Vermont, New Hampshire, Massachusetts and Iowa.
At the bottom of the list as the unhealthiest state was Mississippi with Oklahoma, Louisiana, West Virginia and Arkansas also at the bottom of the rankings.
What factors contributed to a state’s healthiness for retirees?
The researchers scored 34 measures of senior health; among them:
- Individual behaviors (smoking, alcohol)
- Environment (poverty, community programs)
- Public Policy (available geriatricians, clinical care)
In many national magazines of late, there are special retirement features showcasing everything from places to live, the best this and the best that.
In Money magazine’s 2013 Retirement Guide, it details the top 20 places to live when retired.
The locations were selected via survey response from people 55+ interested in finding a great location to live it up after working for four decades. Imagine all the factors that contribute to making a choice of where to live when considering retirement! Read the rest of this entry »