How you can benefit your organization by forming an LGBTQ Employee Resource GroupNovember 7, 2021
Retirement can be a difficult time for LGBTQ employees. With so many healthcare options available, it can be hard to know what the best choice is. That’s why it’s important to understand the different healthcare options available to them and how they can make the most of their benefits. From understanding Medicare and other insurance plans to exploring additional coverage options, this article will help you understand what your retiring LGBTQ employees should know about their healthcare options.
LGBTQ+ elders are more likely to have lower rates of health insurance than their heterosexual counterparts. This is due to a variety of factors, including discrimination in the workplace and lack of access to affordable health care. Transgender people, in particular, face additional challenges when it comes to accessing health care due to their gender identity or expression. As a result, LGBTQ+ elders are at an increased risk for poorer health outcomes due to a lack of access to quality care.
Medicare, the federal health insurance program, has recently taken steps to provide coverage for gender-affirming services. This includes gender-affirming surgery and hormone therapy, both of which can be life-changing for those who have experienced gender dysphoria. With this coverage, individuals can access the medical treatments they need to live their lives authentically. If you want to know more about healthcare options for LGBTQ after retirement, visit the RetireGuide for more information.