Albany Financial Group

80 Wolf Road,

Suite 301
Albany, NY 12205

Medicare Resources

Medicare coverage Many people are under the impression that Medicare will somehow take care of itself and that it will cover all of their health care expenses in retirement. Nothing could be further from the truth.

Medicare is not automatic. It is not free. And it does not cover everything.

Most working people, especially if they are covered by a comprehensive employer-sponsored health plan throughout their career, give little thought to health care costs. While working, they are able to obtain the care that they and their families need without regard to the actual cost of care because there is often little or no out-of-pocket expense. When looking ahead to retirement they know they'll be under a different system, but they are not sure how that system works or what they need to do to become part of it.

Whether  you are retired or still working, Medicare will likely become part of your life after you turn age 65. In the United States today, most health plans pay secondary to Medicare. So if you are currently covered by a retiree health plan, an individual policy or a small employer group plan, you must enroll in Medicare when you turn 65.

Healthcare Quick Reference Guide

Healthcare Quick Reference Guide

To ensure no gaps in coverage, arrange for Medicare and supplemental insurance before existing coverage ends. For this and other key advice see the Healthcare Planning Guide in the link below.

10 Common Medicare Questions Answered

10 Common Medicare Questions Answered

With the baby boom generation entering retirement, many have questions about Medicare. People are confused—both about how the system works, and how these inner workings affect their retirement decisions. These ten questions address some of the most common sources of confusion around Medicare: When to sign up, what to do if you are still working, how much it costs, and more.

Medicare and COVID-19-Related Health Care Costs

Medicare and COVID-19-Related Health Care Costs

As the coronavirus spreads across the nation, now is a good time to review your health insurance to determine how much you might have to pay in out-of-pocket costs should you need testing, hospitalization and/or extended treatment of COVID-19 symptoms.

Health Care Options in Retirement

Health Care Options in Retirement

While you were working, you likely relied on employer insurance. But after retirement your options are different, and that requires careful planning.

Money that Buys Good Health is Never Ill Spent

Money that Buys Good Health is Never Ill Spent

It's important to make sure your retirement strategy anticipates health-care expenses.
Learn More
Putting a Price Tag On Your Health

Putting a Price Tag On Your Health

Being healthy not only makes you feel good, it may also help you financially.
Learn More
Understanding the Basics of Medigap Policies

Understanding the Basics of Medigap Policies

Important as it is, Medicare does not cover the full range of health-care expenses you may experience in your golden years.
Learn More