Choosing the right health plan–one that works best for a specific individual or family–remains one of the most difficult decisions most adults will make. And the choice doesn't get any easier just because someone is about to retire.
For employees approaching retirement age who have been covered by a plan at work, the idea of aging out of the workplace plan can be daunting. Employers can help ease the transition if they have the right resources. If they don't, they could well be offloading a high percentage of their loyal workers onto the wrong retirement health plan. When that happens, one's golden years can be tarnished by unnecessarily high insurance and medical expenses.
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