Medigap Coverage

Retiree Health Insurance: The Basics You Must Know!

While you dream about the leisurely days ahead of you in retirement, it’s also important to think about some of the less glamorous items, including insurance. We’re going to walk you through the fundamentals in this two-part series, covering health insurance, long-term care insurance, and life insurance. Stay tuned as we chat about retiree health insurance in part one!

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The Rise of Retiree Healthcare Costs

The future of retiree health care costs is on the rise. In fact, the Employee Benefit Research Institute released numbers for 2023 showing an 8% increase in retiree healthcare costs for the year. Stay tuned as Phil and Marc unpack these latest figures, which suggest that a typical U.S. couple may need upwards of $413,000 to cover their healthcare expenses in retirement.

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