As You Prepare for Medical Expenses Later in Life, You May Want to Consider These Questions:
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Will you continue to work and be covered by your employer’s healthcare plan?
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Is your spouse working? If so, will both of you be covered under his/her employer’s health plan?
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Have you talked to your employer’s human resources representative to confirm how employee insurance works after age 65? For some small employers, Medicare is the primary insurer for workers 65 and older.
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If your spouse is younger than 65, how will he or she be covered for healthcare? If you have dependents, how will they be covered?
Do you know when you need to sign up for Medicare? See the graphic below:
This is your personal initial enrollment period to sign up for Medicare to avoid penalties.
If you’re older than 65 but have health insurance under a group health plan through your job or another provider, you can also sign up penalty-free during the eight months that begin the month after your employment ends or the related group health insurance ends, whichever happens first. This is also known as a special enrollment period.
Tip: Early enrollment can help ensure you have no gaps in coverage.
Make the most of Medicare
Learn more about the AICPA-endorsed Medicare Supplement Insurance Plans to help protect your health and savings in retirement.
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This guide helps explain Medicare in simple terms and will help you with some things to consider before selecting a Medicare insurance plan.
*Medicare Advantage is not available in Alaska.
Medicare overview information on this brochure/website was developed by Transamerica Resources Inc. to help consumers understand certain aspects about Medicare. Viewing this Medicare overview does not require you to enroll in any Transamerica plans. Plans are insured and offered through separate Transamerica companies.
Transamerica Resources, Inc. is an Aegon company and is affiliated with various companies which include, but are not limited to, insurance companies and broker dealers. Transamerica Resources, Inc. does not offer insurance products or securities. The information provided is for educational purposes only and should not be construed as insurance, securities, ERISA, tax, investment, legal, medical or financial advice or guidance.
Please consult your personal independent professionals for answers to your specific questions. Transamerica Resources, Inc. is an Aegon company and is affiliated with various companies which include, but are not limited to, insurance companies and broker dealers. Transamerica Resources, Inc. does not offer insurance products or securities. The information provided is for educational purposes only and should not be construed as insurance, securities, ERISA, tax, investment, legal, medical or financial advice or guidance. Please consult your personal independent professionals for answers to your specific questions.
EB3 3603460 S 06/24
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