Dear Akaisha and Billy,
We are looking at retiring in a few years and believe we will be comfortable with our savings. However, the one area that has me worried is medical insurance. What information can you give us in that area.
Have a Great Day!
Dave and Coleen
Hi Dave and Colleen,
Thanks for taking the time to write. We appreciate it.
Health care is a big issue for many retiree hopefuls. There is no one-size-fits-all solution and with the administration of health care in such flux in our nation right now it’s hard to know what the future might bring.
We have written on this topic fairly extensively, both in The Adventurer’s Guide to Early Retirement and also in Your Retirement Dream IS Possible. We take a different tack in that we promote Medical Tourism as an affordable and viable option.
You can take a look at our Health Page on our blog for some insight into this topic. Also our Preferred Links Pages have 4 Medical Pages one of them being Medical Tourism that will link you to hospitals, clinics, dental clinics, translators and businesses who will take you door to door if you want their help.
We fully realize that this idea would not appeal to many people, especially with growing families and a full work and school schedule, but for retirees who do not want to carry a policy that costs them thousands of dollars a month this is a workable option. Billy and I have seen and used good medical care in Mexico, Guatemala and in Thailand and feel comfortable with this approach.
More and more businesses and countries are setting themselves up to take advantage of the health delivery crisis in the States by offering affordable services.Regardless of what you choose to do, it is good to be aware of this alternative.
Hope you find this information useful. Feel free to write any time.
Best to you both,