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Old 04-19-2008, 08:57 PM   #21
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I don't have a solution, but quite frankly I shutter at the thought of healthcare being managed by our goverment! A picture comes to mind of the DMV or the SS office - taking a number and then sitting & wondering and sitting & wondering and sitting & wondering some more about how much longer before you hear them call your number.
Spoken like someone who has never argued with a health insurance company.

Thank the gods for money-grubbing lawyers who can force insurance companies to honor their contracts.
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Old 04-21-2008, 06:43 AM   #22
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Oh my goodness! I never meant to start a war; just posting about my situation. And yes, we did plan for our future retirement. Owned rental property, savings and no debt except for a mortgage. That's the only reason my hubby could retire early. We did take on the occasional part-time job. It helped that our kids were already out of college and on their own.

Anyway, thanks for the comments. I'll keep quiet now.
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Old 04-21-2008, 07:00 AM   #23
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Aw, you don't have to keep quiet - that's one of the things that makes this board interesting.

I also consider myself extremely fortunate to have health insurance that followed me from employment, and suspect that many of the people I see bagging groceries are there only for that benefit.

If your former employer promised health insurance after retirement and then reneged on it, I don't see how that is something that constitutes negligence or lack of foresight on your part. I know I'd be in a world of hurtin' if that happened to me.
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Old 04-21-2008, 08:28 AM   #24
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Anyway, thanks for the comments. I'll keep quiet now.
No, don't do that! I'm a lurker too, but I really appreciate the questions and comments made by all (including the thin-skinned whinces I occaisionally suffer at some of the more vociferous comments)

This place is a wealth of knowledge, you just have to sift the wheat from the chaff from the humour

Take from it what you will, discard the rest
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Old 04-21-2008, 09:25 AM   #25
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The health care problem has been worked over many times on this board, and for good reason. It's a difficult issue to deal with unless you're covered by a plan that you can depend on, until you turn 65. I cross my fingers that my plan keeps going for us although they are not obligated legally to do so. The real elephant in the room is "pre-existing condition." As long as you're healthy, everything is fine. You can lose your insurance and still find another carrier. But let then find one cancer cell or even suggest that you may have a tendency toward diabetes and you're cooked. Even if you can find insurance to cover you, chances are you can't carry enough money to pay for it. So that's the paradox: as long as you are healthy, no problem, but get really sick and the world is a different place. I believe in free markets over government controlled markets, but we should have learned long ago that monopolies don't work either. There is a place for government regulation in our system, and health care will be regulated in the future, too many people support it.

Sticks, if regulations change to support the non-insurable, I suppose you could decline it and go it alone. Stay healthy, and it won't matter.
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Old 04-21-2008, 10:10 AM   #26
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Refugee, I hope you continue to post. I for one would be interested in how you work things out.
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Old 04-21-2008, 02:06 PM   #27
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Hello There Refugee!
Greetings from Springbranch, TX. I also recently retired after two kids graduated college. Worked hard to keep them from any student loans. We retirees always have to worry about the "insurance gap" before 65. If that's not enough we have to worry about our retirement income being eaten up by inflation. Being able to have some control over your future income is important. I got into a "cash-gifting" program several months ago through the advise of another retiree and added a very substantial cash income to my retirement. I know it sounds corny and hype, but it does work. Good luck!
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Old 04-21-2008, 09:29 PM   #28
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Anyway, thanks for the comments. I'll keep quiet now.
Please don't stop. I'm due to RE in 22 months and my megacorp is in the process of being acquired by another megacorp and the talk around the coffee pot this week is that the new megacorp wants to immediately eliminate the final salary pension plan and retiree health insurance. It is something many of us face and worry about regularly.
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Old 04-21-2008, 10:06 PM   #29
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Thinking About Unretiring

I've been lurking around this site for awhile, but just had to register to respond to Sticks' idea that not obtaining individual health insurance is "only" about not being able to pay for it. It is extremely difficult - if not impossible - to get individual health insurance in this country. The insurance companies do not want to insure individuals and will use any excuse, no matter how simple, to decline applicants. If you're willing and able to pay and the health insurer will not accept you, there is nothing you can do. It's time people woke up and realized just how broken this system is.
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Old 04-21-2008, 10:41 PM   #30
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Rambler and Billy both mentioned that health care seems to be actually affordable in Asia. I wonder why. My grandfather died of cancer and had a long hospital stay. I don't recall what kind of insurance he did or didn't have, but financial ruin was never even a topic of discussion. My grandma continued to live in her house, and my aunt continued to go to her 9-5 government job after my grandfather died.
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Old 04-22-2008, 03:37 AM   #31
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I've been lurking around this site for awhile, but just had to register to respond to Sticks' idea that not obtaining individual health insurance is "only" about not being able to pay for it. It is extremely difficult - if not impossible - to get individual health insurance in this country. The insurance companies do not want to insure individuals and will use any excuse, no matter how simple, to decline applicants. If you're willing and able to pay and the health insurer will not accept you, there is nothing you can do. It's time people woke up and realized just how broken this system is.
This is exactly the point. People can claim that health care and health insurance are an individual's responsibility, but the system is broke beyond an average individual's ability to use it. Maybe it isnt government's responsibility to provide free health care, but it should be their duty to regulate the quality of and one's ability to access health care.
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Old 04-22-2008, 09:36 PM   #32
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This is exactly the point. People can claim that health care and health insurance are an individual's responsibility, but the system is broke beyond an average individual's ability to use it. Maybe it isnt government's responsibility to provide free health care, but it should be their duty to regulate the quality of and one's ability to access health care.
Our 25 yr old son graduated from college last March and came home to stay with us while he looked for a job. He had let his health insurance drop even and had also been through a bout of depression, had been under a Dr's care and on prescription drugs for a few months. I was mortified he had no insurance and set about trying to get him some catastrophic insurance. I fully expected that depression would be excluded but in fact he was refused insurance all together. Fortunately he got a job within 6 weeks and is fully covered but I was truly shocked that an otherwise healthy 25 yr old guy could be refused for basic, catastrophic high deductible insurance.
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Old 04-25-2008, 07:16 AM   #33
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Didn't mean to imply that I wouldn't post at all. I really learn a lot from others here. Thanks for taking the time to comment.
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Old 04-26-2008, 12:55 AM   #34
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Refugee,
There are a lot of very smart and experienced people on this forum that can and do help folks get the facts on many things. Listen to them and look where they tell you to look but decide on the path that works best for you.

I hope you can find a way to make it work without having to take a j*b to get your coverage. But, it that is the ONLY way you find that works for you, then so be it.

Good luck and keep posting to keep us informed of what is going on.
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