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Re: Medicare Enrollment Q's:
[Re: 6PakBee]
#3043287
05/18/22 11:48 AM
05/18/22 11:48 AM
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Joined: Jan 2003
Posts: 15,323
Omaha Ne
TJP
I Live Here
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I Live Here
Joined: Jan 2003
Posts: 15,323
Omaha Ne
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Going on 73, Medicare is right around $200 and plan F supplement is $180 drugs is $7. All out of Social Security each month. IF you have major health issues get the Plan F supplement, they pay ALL nothing out of your pocket. If healthy get the one with no payments but the copay. But you’re screwed if something catastrophic shows it self. I had no health problems before 65 after upwards of $600,000 worth of problems, glad I had total payment and piece of mind. I had BCBS first 4 years $$ now CVS-Aetna for half their price. Check around for prices for same sup plan. Medicare pays most all the bill supplement catches what’s left (ripoff), but that’s what cleans you bank out. Luckily I found an independent agent to go over ALL the companies plans not just one. The problem with Plan F is that it is not available anymore. It is grandfathered to people that had it prior to 2020 but after that it was gone. Plan F paid all the deductibles and the Feds couldn't have that, it made people tend to use health care too much. If you look at the history of Medicare it has been on a constant path to ration healthcare. the first two yearsIi went with a supplemental plan that cost about 200 a month. After not really using it (2400.00) but having a lot of other expenses that an Advantage plan would have covered I was out over 4500.00 x 2 = 9K So the 3rd year Switched to an Advantage plan at 0 cost but a 5K deductible. I have used 3-4 K of "Free" included coverages ( hearing aids, dental, glasses). So if I have a catastrophic problem and hit that 5K deductible I will break even or possibly be ahead. (Premiums saved + freebies) Had I done this the first two years I would likely be about 8-10K further ahead ( 2 years premiums + freebies). 
Last edited by TJP; 05/18/22 11:49 AM.
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Re: Medicare Enrollment Q's:
[Re: second 70]
#3044042
05/20/22 11:36 PM
05/20/22 11:36 PM
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Joined: Jan 2003
Posts: 43,523
Round Lake Beach, Illinoisy
Rhinodart
Rhinotruck
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Rhinotruck
Joined: Jan 2003
Posts: 43,523
Round Lake Beach, Illinoisy
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[quote=second 70]I just signed up a couple weeks ago. If you or your wife are still working and have insurance you don't have to sign up for part B until you retire but you should sign up for part A. It's free and you can sign up on SS online in minutes. They ask the question do you are your wife currently have employer sponsored insurance click yes and it'll let you sign up for A only. If a person is taking SS you're signed up automatically for A & B and it will come out of you check. Supplements are different by location and cost are all over the place. [/quote Both of us are self employed and have insurance through the state, that's why I don't have a clue. Guess it is time to go back to the welfare office and ask them... 
The funny thing about science is that if you change one miniscule parameter you change the entire outcome to the way you want it.
JB Rhinehart, Realist
A-Body's RULE!
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Re: Medicare Enrollment Q's:
[Re: Rhinodart]
#3044156
05/21/22 04:06 PM
05/21/22 04:06 PM
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Joined: Feb 2014
Posts: 1,701
central il.
second 70
top fuel
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top fuel
Joined: Feb 2014
Posts: 1,701
central il.
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[quote=second 70]I just signed up a couple weeks ago. If you or your wife are still working and have insurance you don't have to sign up for part B until you retire but you should sign up for part A. It's free and you can sign up on SS online in minutes. They ask the question do you are your wife currently have employer sponsored insurance click yes and it'll let you sign up for A only. If a person is taking SS you're signed up automatically for A & B and it will come out of you check. Supplements are different by location and cost are all over the place. [/quote Both of us are self employed and have insurance through the state, that's why I don't have a clue. Guess it is time to go back to the welfare office and ask them... I'm guessing the state will make you sign up for medicare and shift it's cost of your health care to the feds. Once you turn 65 even retiree insurance won't pay for charges that medicare would have paid.
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Re: Medicare Enrollment Q's:
[Re: second 70]
#3044205
05/21/22 11:07 PM
05/21/22 11:07 PM
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Joined: Jan 2003
Posts: 8,393
Highland, MI.
Sunroofcuda
OP
master
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OP
master
Joined: Jan 2003
Posts: 8,393
Highland, MI.
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Thanks for all the tips & advice. I'm going to find a broker who knows all the ins & outs & go from there.
No Man With A Good Car Needs To Be Justified
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Re: Medicare Enrollment Q's:
[Re: MI_Custumz]
#3044256
05/22/22 10:37 AM
05/22/22 10:37 AM
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Joined: Feb 2014
Posts: 1,701
central il.
second 70
top fuel
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top fuel
Joined: Feb 2014
Posts: 1,701
central il.
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I thought I saw somewhere there is no penalty if enrolling late if you are covered under the VA system? I get 10% compensation so only I am covered. The wife will probably have to enroll in time to avoid a penalty. We will have health insurance when I retire through work. Not sure on VA but I also had insurance through work when I retired and once a person turns 65 it becomes a supplement and only pays what medicare doesn't. Better check because you could easily be stuck paying 80% of you're medical bill if you don't sign up.
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Re: Medicare Enrollment Q's:
[Re: second 70]
#3044267
05/22/22 11:31 AM
05/22/22 11:31 AM
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Joined: Jan 2003
Posts: 43,523
Round Lake Beach, Illinoisy
Rhinodart
Rhinotruck
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Rhinotruck
Joined: Jan 2003
Posts: 43,523
Round Lake Beach, Illinoisy
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[quote=second 70]I just signed up a couple weeks ago. If you or your wife are still working and have insurance you don't have to sign up for part B until you retire but you should sign up for part A. It's free and you can sign up on SS online in minutes. They ask the question do you are your wife currently have employer sponsored insurance click yes and it'll let you sign up for A only. If a person is taking SS you're signed up automatically for A & B and it will come out of you check. Supplements are different by location and cost are all over the place. [/quote Both of us are self employed and have insurance through the state, that's why I don't have a clue. Guess it is time to go back to the welfare office and ask them... I'm guessing the state will make you sign up for medicare and shift it's cost of your health care to the feds. Once you turn 65 even retiree insurance won't pay for charges that medicare would have paid. OK, I guess it is time to go ask at the medicare office... 
The funny thing about science is that if you change one miniscule parameter you change the entire outcome to the way you want it.
JB Rhinehart, Realist
A-Body's RULE!
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Re: Medicare Enrollment Q's:
[Re: TooMany62s]
#3091336
11/03/22 08:58 AM
11/03/22 08:58 AM
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Joined: Jan 2003
Posts: 10,707
North Dakota
6PakBee
I Live Here
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I Live Here
Joined: Jan 2003
Posts: 10,707
North Dakota
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Be careful of "Advantage" plans. They require that you use only providers that are members. This can be a problem especially if you travel. Advantage plans are nothing more than the old HMO's with a new coat of paint. How well did they work out?
"We live in a time when intelligent people are being silenced so that stupid people won't be offended".
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