Tag: Medicare

Brick wall with one small and one large door

A 65-year-old woman in Houston can pay $5,300 a year for Medigap’s Plan C policy or she can buy a policy with exactly the same coverage from another insurance company for $1,700 a year. A 65-year-old Hartford, Connecticut, man can spend anywhere from $2,900 to $7,400 annually for the most popular and comprehensive Medigap policy…

Midsection of doctor examining senior man in nursing home

Should Medicare long-term expenditures be included or not?  Finding a way to pay for long-term care is one of the major challenges for achieving security in retirement.  As long as people are fearful that they will need their money to cover long-term care needs toward the end of life, they will be reluctant to draw…