Do You Know How You'll Pay For Health Care in Retirement?

Test you knowledge on health care plans and costs in retirement.

Updated January 20, 2017

1. At what age are you eligible to receive Medicare coverage?

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2. What percentage of your retirement health care costs will Medicare cover?

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3. Do you have to pay for Medicare?

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4. How much can a healthy 65-year-old female in 2017 expect to spend on health care costs yearly?

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5. Can you withdraw funds tax-free from a Health Savings Account (HSA) to pay for health insurance?

If you do a HSA, make sure you can afford the high deductible if need be. ImagesBazaar / Getty Images

6. If you retire before 65, can you get health insurance if you have pre-existing conditions?

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7. Between ages 55 and 65, if your health insurance isn't covered by an employer, which are your options?

It's important for women to understand how their survivor and spousal benefits work.. Westend61/Getty Images

8. True or False: When signing up, you have to pick between Original Medicare or a Medicare Advantage plan.

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9. Do Original Medicare and Medicare Advantage plans pay for covered expenses, no matter where you are located?

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10. Are additional types of insurance often needed in addition to Medicare?

From time to time, the health insurance premium will change. Blend Images - Terry Vine / Getty Images

Do You Know How You'll Pay For Health Care in Retirement?

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I got You're a Pro!. Do You Know How You'll Pay For Health Care in Retirement?
You can get health insurance in retiement. Here's how.. vgajic/ Getty Images

Are you in the health care industry? You know a lot about how health care in retirement works! Congratulations!

Do You Know How You'll Pay For Health Care in Retirement?

You got: % Correct. There's Room to Learn!

I got There's Room to Learn!. Do You Know How You'll Pay For Health Care in Retirement?
Should you keep your life insurance policies once you are retired?. Paul Sutherland / Digital Vision / Getty Images

You know a few things about health care coverage works in your retirement years, but there is room for you to learn more! Filling in gaps in your knowledge will help you avoid costly mistakes as you transition into retirement. 

Do You Know How You'll Pay For Health Care in Retirement?

You got: % Correct. Time to Hit the Books!

I got Time to Hit the Books!. Do You Know How You'll Pay For Health Care in Retirement?
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You've got a lot to learn before you transition into retirement. By increasing your knowledge about Medicare, what it covers, how much it costs, and what other health care costs you can expect, you will have an easier time planning for retirement.