Navigating Medicare Coverage

On this week’s episode of The Secure Retirement Podcast, we focus on healthcare coverage, particularly Medicare Parts A - D, as we continue to address the key issues that affect members of the Florida Retirement System. With Medicare available from coast to coast, the information in this episode will be valuable to our listeners nationally, even for those outside of the Florida Retirement System.

John says, “Most people do not feel the effects of healthcare, or inflation in general, until they've been retired five to seven years. Then all of a sudden, without increasing spending or being extravagant, it's enough time for them to see some cost of living increases at the grocery store. And, healthcare is the biggest expense in retirement.”

We discuss the rising costs of healthcare, as well as: 

Differentiating between the four types of Medicare coverageEnrollment windows and when to make your decisionThe delayed impact of IRMAA - Income Related Monthly Adjusted AmountStaying updated with the annual changes and increasesAnd more