Tag: Medigap

Medicare Card for a Fictitious John Doe

To retire is to enter the unknown. Rick Fine has demystified one aspect of retirement: Medicare. As the director of financial planning for an advisory and investment firm, he has put together a list of what he sees as the five biggest mistakes new retirees make. I encourage you to read Fine’s well-written and detailed…

The word Medigap with medicine around it.

Low premiums, aggressive marketing and extras like dental care and prescription drugs have propelled Medicare Advantage plans to half of the retiree insurance market. Nevertheless, some people still prefer traditional Medicare combined with Medigap insurance.    Medigap buyers on average use $12,200 in medical care annually –  $2,300 more than everyone else on Medicare – according to…