Wednesday, Sept. 5, 2012
News for Senior and Retired Physicians
View details on medical licensure requirements
Many senior physicians are considering a return to medical practice, either for part-time or full-time work, partly because of the economic downturn. One of the hurdles in returning to practice is obtaining or renewing your medical license.
For up-to-date information on every facet of medical licensure, be sure to obtain the AMA's State Medical Licensure Requirements and Statistics. The 2013 edition will be available in October, and the 2012 edition is available now.
Early retirees struggle with gap in health coverage
No matter what your retirement age is, you may start receiving Social Security benefits as early as age 62. Seniors, however, will need to wait until age 65 to be eligible for Medicare. Finding a way to bridge the gap, from being eligible for Social Security but not for Medicare, might be the hardest and costliest challenge for those who want to retire early.
Retirees can no longer count on their employers to provide health insurance until they become eligible for Medicare. Those without company-provided health insurance typically find individual policies prohibitively expensive, with premiums topping over $1,000 a month for family coverage.
Visit the Social Security website to learn more about retirement planning. And view the AMA Senior Physicians Group Web page to access retirement-related links and resources.
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