Benefits to Meet Your New Status
As you shift to a new life status as a retiree, you have many new considerations to weigh.
Following is high-level information about retiree health insurance coverage and income annuities to assist you with considering your options. We have listed providers who are available to answer your questions and provide further guidance. We encourage you to explore the market to ensure you make the best choice for your unique situation.
There are many options when you are no longer covered by employer-based medical insurance due to active employment:
You may continue coverage with your current employer-based plan for a period of 18 months, without employer contribution. This option ensures continuity of providers and deductibles.
Purchasing through this channel is the only way to receive an income-based tax credit subsidy.
Individuals whose income would not qualify, or do not wish to go through the process of obtaining a tax credit subsidy, may purchase a plan directly from an insurance company at regular pricing.
HUB International Insurance Services offers a broad range of health, dental, vision and similar benefits.
For information about the programs offered through HUB International and to get expert advice, contact Dan Jones at HUB International Colorado at 720.207.2365 or visit hubinternational.com.