Protecting What Matters Most

border

Protect Your Retirement and Save

Health is wealth. As we age, we grow to appreciate the truth of that like never before. Protecting our health has always been essential, but as we age maintaining good health becomes more important, and more expensive.

Fortunately, there are insurance solutions that make caring for our health more affordable. TMA Insurance Trust can help you find the insurance you need to protect your health and your wealth during retirement.

Medicare Supplement Insurance

Health insurance is the most important coverage you will need in retirement. Original Medicare will help replace some of the expenses your employer plan used to cover, but Medicare also leaves large and expensive coverage gaps. Medicare supplement or Medigap insurance helps cover those costs, so you don't end up with unexpected medical bills in retirement.

Once you leave your employer’s plan, you enter into what is known as the “initial enrollment period.” This is a limited window of opportunity to sign up for any Medicare supplement plan you want. Not only is your acceptance guaranteed, but during this window you will get access to the best rates you will see in your lifetime. Missing this window will cost you in many ways. You may not be able to get coverage, or you may have to pay much higher premiums. Also you will get hit with late enrollment penalties that last for a lifetime.

Choosing the right Medicare supplement plan is one of the weightiest financial and health decisions you will make in retirement. The decision can be complicated because there are multiple plans, each of which offers different levels of coverage. Fortunately, you don’t have to go it alone. TMA Insurance Trust has helped hundreds of Texas physicians make wise insurance decisions. If someone else in your household is also considering Medicare supplement insurance, be sure to ask about our household discounts. This discount can save each of you thousands of dollars over the course of your retirement.

Have questions about your insurance needs? We're here to help - click here or call today
800-880-8181 7:30 – 5:30 CST Monday – Friday

Prescription Drug Coverage

During your working years, the prescription drug coverage was included in your health insurance plan. In retirement, the cost of medications is covered under a separate insurance, known as Medicare Part D. In order to avoid lifelong penalties and get the best coverage at the best price, you should sign up for Medicare Part D within 90 days after your 65th birthday or within 60 days of leaving your employer’s health plan.

Prescription drug plans are complicated and comparing the multitude of options is very time consuming. Different plans have different costs and different pharmacy networks and formulary restrictions. Your TMA Insurance Trust advisor will work with you to find a plan that covers your medications at the lowest possible costs.

Planning for Future Health Needs

As we age, our health needs change. When you work with a TMA Insurance Trust advisor, they will help you evaluate the options on the basis of your current and future health needs. Medicare supplement plan benefits don’t change whereas Medicare Part D plans may change every year. Generally speaking you will save the most money over time if you select a Medicare supplement plan with your future needs in mind and re-evaluate your Medicare Part D plan based on your current health needs at the time. Our advisors have decades of experience guiding Texas physicians through these decisions. Contact us today for your no-cost, no-obligation consultation.

Saving on Other Retirement Needs

Dental, vision, life and long-term care insurance are an essential part of a retirement insurance portfolio. Original Medicare doesn’t include any provision for dental, vision or life insurance. And it offers only some very limited, short-term provisions for skilled nursing care. If you would like to learn how TMA Insurance Trust can help you and your family meet these needs, contact us today for a free, comprehensive, insurance review.

New Call-to-action

For over 60 years, TMA Insurance Trust advisors have been serving Texas physicians, their families and staff. TMA Insurance Trust prides itself on offering unbiased information and strategies to members, along with exclusive group rates on a range of the highest-rated plans in the industry.

Recommended Posts

Retiring Soon? See How That Affects Your Insurance

Medicare Is Complicated – Getting Help Is Easy

What Happens To Your Insurance When You Retire?

Texas Physicians: Protect Your Retirement From the Unexpected

Is Inflation Eating Away the Value of Your Life Insurance?

Retiring Soon? See How That Affects Your Insurance

Medicare Is Complicated – Getting Help Is Easy

Planning To Work Past 65? See What Medicare Says About That

You Could Qualify for Household Discounts on Medicare Supplement Insurance

Saving on Prescriptions - It’s About Time

Working Past 65? Watch Out for These Three Costly Mistakes

Important Information for Texas Physicians Working Past Age 65

Don’t Overpay For Home and Auto Coverage

Retiring Soon? See How That Affects Your Insurance

Medicare Is Complicated – Getting Help Is Easy

How Dental Insurance Supports Healthy Aging

Planning To Work Past 65? See What Medicare Says About That

Get Group PPO Health Insurance–Without Employees

Don’t Make This Expensive Mistake With Life Insurance

Medicare Is Complicated – Getting Help Is Easy

How Dental Insurance Supports Healthy Aging

Planning To Work Past 65? See What Medicare Says About That

Saving on Prescriptions - It’s About Time

Dental Insurance Protects Your Smile and Your Wallet

Important Information for Texas Physicians Working Past Age 65

What Happens To Your Insurance When You Retire?

Retiring Soon? See How That Affects Your Insurance

Medicare Is Complicated – Getting Help Is Easy

Planning To Work Past 65? See What Medicare Says About That

Saving on Prescriptions - It’s About Time

Important Information for Texas Physicians Working Past Age 65

Are You Getting the Health Care You Deserve?

What Happens to My Family and Staff When I Go On Medicare?

Speak with a TMA Insurance Trust Advisor:

Newsletter signup to receive our monthly newsletter

border