Looking for some guidance for my dad who has enough money to retire but isn’t 65

My dad is 63 and 3 months, so to my knowledge he can’t get Medicare yet. He has worked for the local plumbers union (local 469 in AZ) for 25+ years and has always been happy with his health insurance group plan from the union (I think he pays nothing or next to nothing for good coverage). However the work is really too much for his body to handle these days. I really want him to retire, considering he has enough money to do so. But he isn’t retiring because he doesn’t have a clear solution for how to bridge the gap in coverage until he’s 65. I think he’s skeptical about the costs being much higher for worse coverage from the marketplace, which I’m not really sure about. I’ve asked him if he can get continued coverage from the union group plan, but I’m not sure whether that’s an option or if he has asked about it.

What kind of options does he have, and how would the cost and coverage compare (generally speaking)?

submitted by /u/lrmyers4
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