Planning for your health care needs should be part of
your retirement planning process. If you are currently employed, you will want
to talk to your employer about health plan benefits for retirees.
Once you reach the age of 65, you are eligible for
Medicare, the federal
insurance program for older adults. However, if you are retiring before you
are eligible for Medicare, you may need
temporary or bridge
insurance. A temporary
insurance plan is designed to protect individuals from the financial burden
of an unexpected illness or accident. The length of the coverage can last from
30 days to one year.
insurance can be purchased through an insurance company that offers
insurance plan options.