What to do when you no longer have a job that covers your medical insurance? Where to go?
Many early retirees buy a policy through their State’s health insurance exchange. See www.healthcare.gov The policies can be very pricy, but insurers can’t deny you coverage or charge you more if you have a preexisting condition.
Many retirees qualify for tax credits to help cover the cost of the premiums. To be eligible for a subsidy, your income cannot exceed 400$ of the federal poverty level which is for 2020: $49,960 for an individual or
$67,640 for a couple.
You can also buy a policy directly from an insurer or through an agent. www.nahu.org. Talk to an agent to see if they have cost-sharing or provider networks than their on-exchange versions.
May your days be filled with good health, good friends, good food, and most of all; much love,
Dexter D Black
* Disclosure Link http://dexterdblack.com/disclosures