Finding Your Purpose with Alison Michael

Key Takeaways

• While finding purpose often improves mental health, Medicare Part B covers professional psychiatric services, including outpatient therapy, if an individual struggles with retirement-induced depression.

• Medicare encourages seniors to engage in volunteer work like the State Health Insurance Assistance Program (SHIP), which trains seniors to help peers navigate their Medicare benefits.

• Original Medicare does not subsidize lifestyle coaching, life-purpose seminars, or recreational activities, as it is strictly limited to medical necessity.