Medical Care and Costs in Retirement
Retired seniors tend to have higher medical care needs and associated medical costs. Retirement planning needs to include strategies for handling these additional medical costs including long term care while protecting retiree income and estates. Most US retirees benefit from Medicare and/or Medicaid to meet these needs, but many find that t … Keep Reading → Medicare and Medicaid do not totally cover the costs of prescription drugs, doctor’s visits and other medical needs. Due to this gap between benefit payouts and expenses, some retirees seek medical treatment in Mexico, Costa Rica or Thailand where medical costs are lower. Others seek additional medigap insurance or Medicare supplemental polices. Learn how to plan for these higher costs of medical care in retirement from Hubbers.
