S4E30 – Retirement Health Insurance Made Simple
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Health insurance in retirement does not have to be confusing. In this episode, Nick talks with Justine Bell of BeneGuides about marketplace coverage before 65, Medicare at 65, and how to compare real-world costs based on your doctors, prescriptions, and budget. We cover timing, penalties, and why an annual re-enrollment check can keep you from paying more than you need to.
What we cover
- Why working with a health insurance specialist costs you nothing and often saves time and trouble
- The five questions BeneGuides asks for marketplace plans: county and ZIP, ages, who is on the tax return, doctors and prescriptions, and expected MAGI
- How to think about “average year” costs vs “worst-case” out-of-pocket risk
- When bronze plans make sense and when to step up for drug coverage
- Medicare 101: Original Medicare, Medicare Advantage, and Medigap basics
- How to time your Medicare enrollment, including the first-of-the-month birthday quirk
- Why BeneGuides re-enrolls every client each year and stays on top of formularies and plan changes
- What may change in 2026 and why this open enrollment deserves a careful review
- Key open enrollment windows to mark on your calendar
Dates to know
- Medicare plan review starts October 1
- Medicare enrollment runs October 15 through December 7
- Marketplace open enrollment runs November 1 through December 15
Contact BeneGuides
- Email: health@beneguides.com
- Phone: 517-939-1981
- Team: Lauren and Kylie (Medicare), Liz and Andrea (Marketplace), Daniel (Group coverage)
Resources mentioned
Listen to the full episode for the complete conversation and practical next steps.
About Shotwell Rutter Baer
At Shotwell Rutter Baer, we believe retirement planning should feel simple and personal. As independent, fee-only financial advisors, our priority is you. We are not paid by commissions or product sales. Instead, our advice is focused on helping you make clear decisions about your money, your retirement, and your future.
We are proud to serve individuals and families who want practical guidance, a reliable strategy, and a trusted partner for every stage of life. Whether you are just beginning to think about retirement or you want to fine tune your income plan, we are here with straightforward advice and a plan that reflects your goals.
Resources
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Email us at SRBadvisors.com to connect with our team.
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Learn about the Strategic Reliable Blueprint which is our process for building a financial plan that works for your future.
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Subscribe to our YouTube channel for helpful conversations and practical retirement planning tips.
