Health Insurance Options for Early Retirees in California

20/10/2024 22 min

Listen "Health Insurance Options for Early Retirees in California"

Episode Synopsis

Understanding Costs:

Premiums: The monthly cost of the insurance plan.
Deductibles: The amount you pay out-of-pocket before insurance kicks in.
Co-Insurance: The percentage of costs you share with the insurance company after meeting the deductible.
Co-Pays: Fixed amounts you pay for specific services, like doctor visits.

Choosing the Right Plan:

Consider your health status, anticipated medical needs, budget, and individual circumstances.
"Compare the premiums of early retirement health insurance options to find a plan that fits your coverage needs and budget." - Anthem
Consulting with a financial advisor or insurance professional can be helpful in navigating the options and making informed decisions.