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Bridge the Gap: Pre-Medicare Insurance for Arizonans Over 60
Category: Financial Health
Bridge the Gap: Pre-Medicare Insurance for Arizonans Over 60
Adequate healthcare insurance is critical for seniors. Retirees who are 65 or older can count on Medicare, but what about soon-to-be retirees under 65 who fall into the healthcare gap and need pre-Medicare coverage? Options through the Health Insurance Marketplace® and short-term plans can bridge insurance coverage for those who have retired and are not yet eligible for Medicare.
Retiring early? Typically entering your golden years sooner than expected is an exciting time. Yet, some 60+ early retirees in Arizona may find themselves stuck in the healthcare gap. This is a period between losing your (or your spouse’s) employer-sponsored health care plan and getting Medicare that kicks in at age 65 (if you qualify).
There are short-term solutions to bridge the gap and provide you with coverage until you’re eligible to receive Medicare. Continuing health insurance is crucial because of increasing costs of medical care or services that can come with aging. Here’s what to know about alternative coverage:
By covering this transitional timeframe with short-term healthcare, you can enjoy the beginning of your golden years knowing that you have insurance to help safeguard your finances from potentially expensive medical bills.
1https://www.irs.gov/affordable-care-act/individuals-and-families/the-health-insurance-marketplace
2https://www.healthmarkets.com/content/temporary-health-insurance
3https://www.policygenius.com/health-insurance/short-term-health-insurance/