Retirement: How to Cut Healthcare Costs

Doctor Speaking with PatientAs mentioned in my prior blog, even Medicare recipients are being impacted by the Affordable Care Act’s (“ACA”) implementation.  According to a recent AARP report, Medicare beneficiaries spent on average $3,324 out-of-pocket annually on healthcare in 2010.

With that said, 10% of Medicare recipients spent more than $8,030 on their healthcare in that same year.  Considering the drastic difference and the potential savings you may be ignoring, it may be a good time to review your healthcare costs and identify whether there are areas you could cut some of those expenses.  Some ideas may be self-evident, such as proactively eating better and exercising.  However, there are some other ideas that may not be so self-evident.

To learn more about some other ways to curb your healthcare expenses in your retirement, click here.

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