Message Font: Serif | Sans-Serif
 
UnThreaded | Threaded | Whole Thread (18) | Ignore Thread Prev Thread | Prev | Next | Next Thread
Author: telegraph Big funky green star, 20000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 19224  
Subject: Re: Medicare Time... Date: 9/2/2012 2:00 PM
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Recommendations: 0
I hit that point a bit over a year ago.

It's not really all that confusing once someone explains it to you.

once you figure out what plan you want, it's easy to shop around for what you find is the 'best deal'.

Same for drug plan. Since I only use a generic that is $10/month at Walmart...I signed up for the cheapest drug plan (10 bucks a month) just in case. 200 buck deductible...but why pay a lot more ? you can change drug plan every year...same for your Medicare provider if you get fed up with them, or they jack up the rates.

Your rates will go up with age..but not that much.

Yep, when you hit 65, you only have to pay 1/4 of the premium. The taxpayer pays the rest. Actually, if you are 'lower income' you pay way less than 25% of the average annual cost of your policy.

Good deal.

Before that, I was paying about 400 a month for 2000 deductible and 30% copay up to 5K......and 250 a year deductible for drugs.

Like fleg, my travel budget went up thousands a year.

Unsustainable, but we'll wait to see what happens.


t.
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (18) | Ignore Thread Prev Thread | Prev | Next | Next Thread

Announcements

Post of the Day:
TMFDeej's CAPS Blog

Name of the Game: Tax Avoidance
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement