Join Early Retirement Today
Reply
 
Thread Tools Search this Thread Display Modes
What do you pay for healthcare premiums
Old 09-13-2014, 03:22 PM   #1
Full time employment: Posting here.
 
Join Date: Mar 2010
Location: Chicago
Posts: 868
What do you pay for healthcare premiums

Just got notice from the city of chicago that my retiree healthcare premium is going up to 1375 a month. This essentially doubling from 750 only two years ago. Of course I am one of those hated public employees!
__________________

__________________
ripper1 is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

What do you pay for healthcare premiums
Old 09-13-2014, 03:54 PM   #2
Recycles dryer sheets
Cassie's Avatar
 
Join Date: Jul 2012
Posts: 281
What do you pay for healthcare premiums

Quote:
Originally Posted by ripper1 View Post
Just got notice from the city of chicago that my retiree healthcare premium is going up to 1375 a month. This essentially doubling from 750 only two years ago. Of course I am one of those hated public employees!
For how many people? I think mine is $190 a month for one, I'll have to check.
__________________

__________________
Cassie is offline   Reply With Quote
Old 09-13-2014, 04:05 PM   #3
Moderator Emeritus
aja8888's Avatar
 
Join Date: Apr 2011
Location: The Woodlands, TX
Posts: 7,186
Me:

Medicare - $104.00
Supplemental Ins. - $230.00
Part D drug plan - $30.00

That's $364.00 per month

Add DW and double it.

(No employer benefit)
__________________
aja8888 is offline   Reply With Quote
Old 09-13-2014, 04:07 PM   #4
Recycles dryer sheets
DFA's Avatar
 
Join Date: Nov 2010
Location: Earth
Posts: 311
$400.00/month for two includes medical, dental, and vision.
__________________
DFA is offline   Reply With Quote
Old 09-13-2014, 04:17 PM   #5
Full time employment: Posting here.
 
Join Date: Mar 2010
Location: Chicago
Posts: 868
Quote:
Originally Posted by Cassie View Post
For how many people? I think mine is $190 a month for one, I'll have to check.
Just me and the misses.
__________________
ripper1 is offline   Reply With Quote
Old 09-13-2014, 04:18 PM   #6
Recycles dryer sheets
 
Join Date: May 2011
Location: Maple Valley
Posts: 469
DH retires in January 2015. We currently pay $275 for dental, health and vision. When he retires we will be paying around $1,300 a month. Like a house note but we need it so it is in the budget.
__________________
kimcdougc is offline   Reply With Quote
Old 09-13-2014, 04:18 PM   #7
Full time employment: Posting here.
 
Join Date: Mar 2010
Location: Chicago
Posts: 868
So far I got everybody beat by a mile.
__________________
ripper1 is offline   Reply With Quote
Old 09-13-2014, 04:19 PM   #8
Full time employment: Posting here.
Lakedog's Avatar
 
Join Date: May 2007
Posts: 654
Single retired Fed - $110 a month for HDHP plan which contributes $62.50/month back to my HSA. I plan to switch back to a non-HDHP plan when I reach 65, and the monthly cost is about the same. The tax benefit of the HSA along with the plan contribution to my HSA more than covers the deductible. Since retiring in 2008, I have made a few $$ each year from my health plan.
__________________
Lakedog is offline   Reply With Quote
Old 09-13-2014, 04:19 PM   #9
Full time employment: Posting here.
 
Join Date: Mar 2010
Location: Chicago
Posts: 868
Quote:
Originally Posted by ripper1 View Post
So far I got everybody beat by a mile.
BTW, no dental included.
__________________
ripper1 is offline   Reply With Quote
Old 09-13-2014, 04:30 PM   #10
Thinks s/he gets paid by the post
Cobra9777's Avatar
 
Join Date: Jul 2012
Location: Texas
Posts: 1,138
I have megacorp pre-medicare retiree health coverage: $127/mo for BCBS HDHP, $1.5K deductible, 10%/20% coinsurance, $3K out-of-pocket max. DW is still employed for a few more years. She has similar pre-medicare retiree coverage which will be around $400/mo. My premium went up 9% from last year.
__________________
Retired at 52 in July 2013. On to better things...
AA: 55% stock, 15% real estate, 27% bonds, 3% cash
WR: 2.0% SI: 2 pensions, some rental income, SS later
Cobra9777 is offline   Reply With Quote
Old 09-13-2014, 04:36 PM   #11
Thinks s/he gets paid by the post
Rustic23's Avatar
 
Join Date: Dec 2005
Location: Lake Livingston, Tx
Posts: 3,624
Medicare for two = $108
Supplemental paid by Air Force = $0

Covers everything Medicare covers, i.e. no dental. I think a vision exam every two years, not sure about that.
__________________
If it is after 5:00 when I post I reserve the right to disavow anything I posted.
Rustic23 is offline   Reply With Quote
Old 09-13-2014, 04:43 PM   #12
Full time employment: Posting here.
 
Join Date: Mar 2010
Location: Chicago
Posts: 868
I should have mentioned that I was looking for early retirees between the ages of 55 and 64. It seems this is the age group that gets hit the hardest.
__________________
ripper1 is offline   Reply With Quote
Old 09-13-2014, 04:47 PM   #13
Recycles dryer sheets
 
Join Date: Oct 2010
Posts: 392
$1400 a month for two (late 50s),4K deductible. Welcome to Boston, highest rates in the nation. I do have to add that right now we are paying nothing, we are on Medicaid, as they could not process our application due to website issues. Back to 1400 a month in January. BTW - Medicaid is AWFUL.
__________________
BellBarbara is offline   Reply With Quote
Old 09-13-2014, 04:47 PM   #14
Recycles dryer sheets
shortstop14's Avatar
 
Join Date: Aug 2012
Posts: 222
$724 monthly for a COBRA high deductible policy for two of us ($1500 deductible per person, 80% paid after deductible, $9000 max out of pocket.) No dental, no vision. Still have seven years until we need to switch to a Medicare and supplemental plan. After COBRA runs out in 18 months, we'll see what's out there in the Washington state exchange.
__________________
shortstop14 is offline   Reply With Quote
Old 09-13-2014, 05:12 PM   #15
Thinks s/he gets paid by the post
 
Join Date: Apr 2005
Location: Midwest
Posts: 1,577
57. Zero other than co-pays and deductables. Retired military.
__________________
razztazz is offline   Reply With Quote
Old 09-13-2014, 05:16 PM   #16
Thinks s/he gets paid by the post
grasshopper's Avatar
 
Join Date: Oct 2010
Posts: 1,671
Ms G and I spend $916 a month $3500 deductible 80/20 PPO with BCBS. Just got this good news yesterday. Retired age 54 now age 63 Ms G is much younger.
__________________
For me experiences are not good or bad, just different
grasshopper is offline   Reply With Quote
Old 09-13-2014, 05:22 PM   #17
Moderator
Alan's Avatar
 
Join Date: Jul 2005
Location: Eee Bah Gum
Posts: 21,146
The 2 of us are in our late 50's. $383 / month, retiree insurance, does not include dental.
__________________
Retired in Jan, 2010 at 55, moved to England in May 2016
Now it's adventure before dementia
Alan is offline   Reply With Quote
Old 09-13-2014, 05:23 PM   #18
Thinks s/he gets paid by the post
Brett_Cameron's Avatar
 
Join Date: May 2011
Location: South Eastern USA
Posts: 1,010
$531 a month for a family of four.
Includes:
Medicare Part B for DW
Retiree Medical insurance for two kids and me
Supplemental Medical for DW
Dental
Vision
__________________
All that glitters is not gold. -G. Chaucer, W. Shakespeare
All that is gold does not glitter. -J.R.R. Tolkien
Brett_Cameron is offline   Reply With Quote
Old 09-13-2014, 05:25 PM   #19
Thinks s/he gets paid by the post
Ally's Avatar
 
Join Date: Feb 2011
Posts: 1,191
My husband pays nothing (former state employee), when I retire and get on his plan, it will be $330 monthly for me.


Sent from my iPad using Early Retirement Forum
__________________
Ally is offline   Reply With Quote
Old 09-13-2014, 05:30 PM   #20
Recycles dryer sheets
 
Join Date: Sep 2007
Posts: 428
$1,220 per month for husband and wife, Covered CA, Blue Shield Gold, no deductible.



Sent from my iPad using Early Retirement Forum
__________________

__________________
Disappointed is offline   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
KFF FAQ on expected healthcare premiums in 2014 MichaelB Health and Early Retirement 15 03-31-2013 07:03 PM
What would you do - pay off student loan or pay down mortgage? bank5 FIRE and Money 27 07-27-2009 06:30 PM
Pay $15K upfront to pre-pay 20+ years of oil heat bills??? farmerEd Other topics 16 02-14-2008 07:46 AM
Pay COBRA premiums using HSA free4now FIRE and Money 3 08-22-2006 01:18 PM

 

 
All times are GMT -6. The time now is 03:31 AM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.