retiree healthcare Archives - Steinlage Insurance Agency

  In the upcoming weeks, retirees’ from the Special School District of Saint Louis County are faced with an insurance decision similar to an algebra exam, deciphering the Medicare world after years of relying on an employer for assistance. This situation is becoming more common, as the employee/employer landscape changes, employers cut expenses, and retiree healthcare costs continue to increase faster than the rate of inflation.  Over the years, we have helped many retirees choose the best possible plan when making this decision. If you find yourself losing an employer retiree plan, here are a few things to consider: 1. If your employer terminates your coverage and you are on Medicare, you can purchase a Medicare Supplement without passing through medical underwriting.  You are able to sign up for a supplement (which will pay the 20% that Medicare leaves behind as well as the hospital expenses) regardless of your health…