The Motley Fool Discussion Boards

Previous Page

Retirement Discussions / Retired Fools

URL:  https://boards.fool.com/quoti-confess-that-several-years-back-i-had-part-34530274.aspx

Subject:  Re: Medicare Question... Date:  6/8/2020  2:55 PM
Author:  Howie52 Number:  22103 of 22193

"I confess that several years back I had Part D, but I found the premium was more than the meds I was on -- generics -- so I halted it.

Thank goodness you are relatively healthy and can be treated with low cost generics.

In this era, I would say being self insured for meds is a risky maneuver. Yes, you can save money by not insuring, but the end result could be far different.

Good luck!!"

*******************************************************************************************

I recognize that many of the most expensive medications I take are items that did not
exist as medications ten years ago. And most of these are not taken to "resolve" a medical
condition. They merely treat a condition to avoid "life-threatening" symptoms from developing
tomorrow.
Life threatening conditions will eventually happen.
Other medications are even more expensive - and treat things like cancer and such.

Used to be fatal - now you can have treatment for a cost.

The question of what you are willing to pay for treatments is now compounded by not
only what are you willing to pay for insurance - but also what taxes are the rest of the
population willing to pay for both their own insurance and their "future" insurance plus
your insurance.

Howie52
And we all need to thank each other for doing our/your/their part.

Thanks
Copyright 1996-2020 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us