Medicare May be a Better Option Than Employer Health Insurance

If you are over 65 and still working, you may have a choice about whether to go with your employer's insurance plan or Medicare. Here are some factors to weigh in making your decision.

(Image credit: Portra)

More Americans over the age of 65 are choosing to stay at work. According to the Bureau of Labor Statistics, 65- to 69-year-old Americans will make up 36% of the 2024 workforce. Here’s something even more shocking: from July 2017 to July 2018, there were more than 250,000 American workers older than 85 — a record.

Workers over the age of 65 face a question that younger workers don’t — is their employer-provided health plan really their best possible option? The answer: It depends.

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Michael Stein
Assistant Vice President, Allsup

Mike Stein, assistant vice president of operations strategy and planning, has 25 years experience helping people with disabilities through his work with Allsup. He oversees the claims operations for both Social Security Disability Insurance representation and the Veterans Disability Appeal Service for veterans. During this time, he has become an authority on the SSDI application process, as well as Social Security Administration programs.