Course Details

930: *CANCELLED* Protecting Yourself Against the Costs of Healthcare in Retirement

July 11 and 13
11:45 AM - 1:15 PM

The Baby Boomer population turning 65 is increasing at a significant rate, and people are also living longer. As such, it is vitally important for the 65+ population to understand healthcare cost components and how to be best positioned to address them.

As such, this course has been designed to address the following issues:

  • Overall understanding of healthcare costs in retirement and circumstances that could impact our ability to weather these costs
  • A detailed review of all of the components of Medicare, which includes Medicare Parts A, B & D (Prescription Drug Plans), as well as of the various programs used for maximizing protection, including Medicare Advantage Plans, Medicare Supplements, and the relatively new Medicare Savings Accounts
  • Whether or not a person should consider some form of Long Term Care (LTC) insurance, and if a person has already purchased a policy, does he/she understand how the policy works (This analysis will be done within the context of first educating attendees about the LTC service system and associated costs of care.)
  • Other potentially valuable products, including different types of life insurance, and different types of annuities which offer features useful for paying for LTC

OLLI does not permit solicitation, marketing, or selling of financial products by presenters as part of this study group.

Class Type: Lecture and Discussion

Class Format: Online

Hours of Reading: 1-2 hours/session

Study Group Leader(s):

Mark Gottlieb

Mark A. Gottlieb, MHA is licensed to offer insurance products in DC, MD, and VA. He is also AHIP and Medicare certified, and also certified by AARP to offer its products to the senior population. Mark is an independent agent approved to sell products from a wide array of well-rated companies, and thus can offer knowledge of the differences, benefits, and disadvantages between the various policies being offered both for Medicare recipients; those evaluating LTC insurance options; and those considering annuities as a method of protecting assets, generating growth, and guaranteeing features in a tax-advantaged manner. He makes a number of webinar presentations both to senior groups and senior-serving professionals in the DC Metro area.