Tag: retiree health insurance

Business briefcase, stethoscope and financial market charts

This year I, with my sidekick Michael Wicklein, took a more-careful-than-usual look at the Trustees Report for the Medicare program. After all, Medicare – like Social Security – relies on payroll tax revenues, so it’s useful to understand the competing needs.  Traditional Medicare is composed of two programs.  The first – Part A, Hospital Insuranc…

older couple with advisor discussing finances

In terms of popularity, reviewing Medicare plans during the open enrollment, going on now, ranks right up there with doing taxes. Retirees on Medicare view healthcare as their most burdensome expense.  But they are less likely to comparison shop for Medicare plans than for their groceries and gas, even though plan shopping would probably sav…