Smart ways to cut retirement health care costs
Health care in retirement requires planning and many factors. An average 65 year old couple may need about 300000 after tax savings for health costs, even with Medicare, and choosing the right strategies can reduce expenses. Key steps include using a health savings account, planning long term care, selecting the right Medicare plan, and actively asking questions about tests and prescriptions to lower costs.
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Sallie Mullins Thompson
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Department of Health and Human Services
Carolyn McClanahan
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