ArizonaJay
Dryer sheet wannabe
We are blessed with a paid off mortgage, no other debt, and sufficient finances to keep us going (unless we get really stupid). Our biggest, most worrisome problem is health insurance for me. I am ten years away from Medicare eligibility, and have pre-existing conditions that eliminate me from individual insurance programs.
I handled HR and benefits while I was employed, so I am very familiar with this topic. When I retired (at 53), I had COBRA for 18 months, then was able to obtain insurance through a group plan with the Arizona Small Business Association. I actually started several online businesses, primarily to obtain this health insurance coverage.
However, now we are considering relocating to another state (Florida, I suspect) and I will not be able to stay on the AZ SBA plan.
I am very familiar with the PCIP plan that is the first step on the Health Care Reform Act. However, it has (at least) two MAJOR flaws:
So - what do other people do when you don't have a union or government or employer sponsored plan for your retirement?
I handled HR and benefits while I was employed, so I am very familiar with this topic. When I retired (at 53), I had COBRA for 18 months, then was able to obtain insurance through a group plan with the Arizona Small Business Association. I actually started several online businesses, primarily to obtain this health insurance coverage.
However, now we are considering relocating to another state (Florida, I suspect) and I will not be able to stay on the AZ SBA plan.
I am very familiar with the PCIP plan that is the first step on the Health Care Reform Act. However, it has (at least) two MAJOR flaws:
- You have to take the financial risk of going without any insurance for 6 months before you become eligible to enroll in PCIP.
- No one can say what will happen to those that are enrolled in PCIP if the HCRA gets repealed.
So - what do other people do when you don't have a union or government or employer sponsored plan for your retirement?