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  • Essay / Retirement Planning Essay - 1077

    Medicare is a type of insurance intended to help pay for some of the medical costs that the state may not cover or pay for. Another big problem with government employees is the price of insurance and post-retirement coverage. Many retirees said the price was too high and the cost was too high. If a person has many health problems and requires expensive medications, the superannuation may only cover a small portion of this plan. All retirees should benefit from a supplementary insurance plan to help them obtain health coverage. The State offers complementary health insurance at a very high premium. Another area in which the State should reconsider its assistance to retirees is that of reducing the