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I am not sure what you mean by that.

I'm not sure what he means, either.
I'm no longer employed. But the company allows their retirees to keep their insurance -- the same insurance they had before -- with the single exception that they no longer have a prescription card. Instead, we pay up front for our prescriptions and then file paperwork with the insurance company who then reimburses us 80% of the cost of the prescriptions.

Of course, we have to pay for the insurance.
But even when we get on Medicare we can still keep it as the supplemental and prescription insurance -- at about half the rate I'm currently paying.

It seems like a good deal to me.
I recently spoke with the insurance people at the company and they said that they knew of not a single retiree who had cancelled due to finding a better deal somewhere else.

However, some people have cancelled because their spouses are still working and they elected to be insured under his or her insurance. My spouse is still working, but I elected to keep the insurance I had.

So far, so good.

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