Retirement is a time of transition and new beginnings. That’s a nice way of saying it’s when most people first tangle with the federal government on health care.
Whether you are over or under age 65, once you have secured health insurance in retirement you should be proactive about evaluating it by conducting an annual review of your coverage options during open enrollment each fall. Benefits and costs change, and it is possible a new plan may offer you better coverage at a lower price; you won’t know unless you look.
This lesson will answer some of your questions about Medicare.