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Author: 0x6a74 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: Help! medicare costs more than regular insur Date: 6/25/2008 12:34 PM
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So in our retirement years we go from $135/month to $461/month with huge deductibles. This is Medicare? The medical insurance to protect the elderly?


yup. basically -- your $135 was extremely low (for what most others pay --i was paying $322 just for me, for COBRA.. i'm paying about the same for Medicares).
And Medicare won't 'turn you down'/'cancel' you -- private Ins. could and often would.

it's a great deal for most (alots) because there wasn't be anything like
affordable for them ....



What in the world does Medicare actually cover if we have to pay such a large fee to BC/BS? They are charging so much I feel as if Medicare A and B must cover nothing.

I am sure this has all been hashed out before on this board so if you can point me to the place I'd love to read it. I would also like to find out where I can get actual details as to what Medicare covers and what BC/BS will have to cover (after the $1500 deductible, of course).


i don't know that it's been hashed out here (or on any board) ...

your husband should be getting a big thick pamphlet explaining Medicare.
there's also the web ( medicare.gov ,iirc ) for details

roughly (iirc) part-A pays only hospital; part-B pays other medical, but only 80% or so, and there's deductible, -supplemental pays the rest of Other and sometimes (depending on plan) the deductible.
part-D pays part of Rx's.

HTH........

=j
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