Those in the midst of early retirement are facing a slight challenge, finding health coverage to bridge them to governmental plans.

With many taking early retirement we wanted to re-iterate a few options for acquiring health coverage to bridge the gap from early retirement age, to government subsidized/full retirement plans.

1. Professional Industry Associations: Often these associations provide good coverage for members. Generally we find the more exclusive or difficult to enter the association, the better the coverage. (This is our single best idea!)
2. Contract Work=Self Covered Group Plan: Don’t be afraid to accept a contract job with your former employer, or even a courting company, as many times it only takes two people (you, business partner or spouse) to gain access to a group coverage provided by many plans.
3. Guaranteed Coverage Pools: As a last resort, most states offer a guaranteed pool of health coverage, our experience has been this is an inferior product, with higher premiums for coverage.

In closing, if you are able to anticipate your early exit from the workforce, take time to look up several of your pertinent professional organizations. It might be fun to join and also offer more health coverage options upon early retirement.