2nd Health Insurance Poll in Fire

maddythebeagle · 07-20-2005, 09:47 PM

2nd question.

wabmester · 07-20-2005, 10:35 PM

I don't think there is a shortage of individual health insurance plans available -- high-deductible is just one flavor. I went for a high-deductible plan because we're relatively young and in good health. Also, many states have a high-risk pooled insurance for those who can't get an individual plan.

**Martha** · 07-21-2005, 07:33 AM

Great poll idea but I am none of the above. I will get individual insurance with a low deductible under our state's risk pool. Have to buy too many drugs for a high deductible plan to make sense.

Also, the high deductible plan and health savings accounts often go together.

Wanderer a while ago worked on a list of different health plan options for an early retiree. http://early-retirement.org/forums/i...p?topic=2508.0

Dawg54 · 07-21-2005, 08:08 AM

Quote:

Originally Posted by Martha

Great poll idea but I am none of the above.* I will get individual insurance with a low deductible under our state's risk pool.* Have to buy too many drugs for a high deductible plan to make sense.

Also, the high deductible plan and health savings accounts often go together.

Wanderer a while ago worked on a list of different health plan options for an early retiree.* *http://early-retirement.org/forums/i...p?topic=2508.0

I know all states are different but I was able to buy a policy with BC/BS of MS with low doctor and drug copays, 10k deductible and a 2 mil lifetime max.* I'm 50 and the premium is 150/mo. I thought that was a pretty good deal. Our risk pool plan has a 500k lifetime max and would cost me around 500/mo.

I bought the plan and dropped our company coverage. It has been watered down so many times it was not very good anyway. I'm very thankful I was approved as it has enabled me to continue with my early retirement plans.(12/31/06)*

**Martha** · 07-21-2005, 08:18 AM

Good plan, Dog50. It makes a lot of sense to shop for an individual plan when you are healthy. So if I understand your plan correctly, even though it is a high deductible plan, you only have to pay a copay for drugs?

Dawg54 · 07-21-2005, 08:29 AM

Quote:

Originally Posted by Martha

Good plan, Dog50.* It makes a lot of sense to shop for an individual plan when you are healthy.* *So if I understand your plan correctly, even though it is a high deductible plan, you only have to pay a copay for drugs?*

Yes, that is correct. $5 for generic, $20 for preferred. There is a $50 annual deductible on drugs. Also get one free annual check up per year. Otherwise a $15 doc copay. So I really get the best of both worlds.*

unclemick · 07-21-2005, 08:30 AM

Still no insurance - if I get sick enough to spend my portfolio - ER's gonna suck anyway.

I have better things to spend my money on than to support the American medical system.

BTY - no homeowners insurance either. Car insurance is manditory - have considered posting bond in the past - but it was too much of a pain in the but.

Do carry liability insurance.

MJ · 07-21-2005, 08:31 AM

I also don't fit the poll selections.
I will continue to receive the company health/dental insurance for the next 2 months.
If I remain in NY for the following 18 months, I will continue with the same insurance through Cobra @ $524/month
After that, I will hopefully be in a state that will offer high deductable for under $200/month.

kz · 07-21-2005, 08:51 AM

We get it from previous employer, per se, but since DH retired we are responsible for paying the full premium of $1027 per month.

When the open enrollment time comes around again in Oct. we may switch from a PPO to an HMO since it will be approx. $150 less per month.

And come Jan 1st we're looking into HSAs with a $5200 deductible.

Eagle43 · 07-21-2005, 05:08 PM

TRICARE - a military retiree perk. Have used it for past 28 months and am reasonably happy with it.

KB · 07-21-2005, 06:13 PM

I just signed up for Cobra for July and August.* I applied for individual policys for us, and if denied will use the conversion plan which is priced somewhere between Cobra and an individual plan for September and afterwards.*

Cobra for the 3 of us is 713.10 for Medical alone.* I elected to not take Dental at all (107.67 monthly) and took Vision at 37.66 for July so we can have our annual exams paid this year.*

This will give me time to figure out something else.....

View Poll Results: Prior to Medicare, how do you get Health Insurance
From former employer	12	41.38%
Pay for high deductible plan	9	31.03%
Have plan with Medical Savings Account	1	3.45%
I do without and cross my fingers and pray often	1	3.45%
My country has socialized medicine	2	6.90%
Get individual insurance with a low deductible under our state's risk pool	2	6.90%
Cobra/From employer but I pay the premiums	2	6.90%
Voters: 29. You may not vote on this poll

07-20-2005, 09:47 PM	#1
maddythebeagle Thinks s/he gets paid by the post Join Date: Jun 2005 Posts: 2,443	2nd Health Insurance Poll in Fire 2nd question. __________________ - Hurry! to the cliffs of insanity!

07-20-2005, 10:35 PM	#2
wabmester Thinks s/he gets paid by the post Join Date: Dec 2003 Posts: 4,461	Re: 2nd Health Insurance Poll in Fire I don't think there is a shortage of individual health insurance plans available -- high-deductible is just one flavor. I went for a high-deductible plan because we're relatively young and in good health. Also, many states have a high-risk pooled insurance for those who can't get an individual plan.

07-21-2005, 07:33 AM	#3
Martha Administrator Join Date: Feb 2004 Location: minnesota Posts: 10,065	Re: 2nd Health Insurance Poll in Fire Great poll idea but I am none of the above. I will get individual insurance with a low deductible under our state's risk pool. Have to buy too many drugs for a high deductible plan to make sense. Also, the high deductible plan and health savings accounts often go together. Wanderer a while ago worked on a list of different health plan options for an early retiree. http://early-retirement.org/forums/i...p?topic=2508.0 __________________ . Do not rely on the information provided--my posts are not to be taken as legal advice. Needless to say you must consult with your legal representative. I am not responsible for errors. If I offended you with cya I apologize. If I did not, I tried.

07-21-2005, 08:18 AM	#5
Martha Administrator Join Date: Feb 2004 Location: minnesota Posts: 10,065	Re: 2nd Health Insurance Poll in Fire Good plan, Dog50. It makes a lot of sense to shop for an individual plan when you are healthy. So if I understand your plan correctly, even though it is a high deductible plan, you only have to pay a copay for drugs? __________________ . Do not rely on the information provided--my posts are not to be taken as legal advice. Needless to say you must consult with your legal representative. I am not responsible for errors. If I offended you with cya I apologize. If I did not, I tried.

07-21-2005, 08:30 AM	#7
unclemick Give me a museum and I'll fill it. (Picasso) Give me a forum ... Join Date: Jul 2003 Location: north of Kansas City Posts: 5,641	Re: 2nd Health Insurance Poll in Fire Still no insurance - if I get sick enough to spend my portfolio - ER's gonna suck anyway. I have better things to spend my money on than to support the American medical system. BTY - no homeowners insurance either. Car insurance is manditory - have considered posting bond in the past - but it was too much of a pain in the but. Do carry liability insurance.

07-21-2005, 08:31 AM	#8
MJ Thinks s/he gets paid by the post Join Date: Mar 2004 Posts: 1,995	Re: 2nd Health Insurance Poll in Fire I also don't fit the poll selections. I will continue to receive the company health/dental insurance for the next 2 months. If I remain in NY for the following 18 months, I will continue with the same insurance through Cobra @ $524/month After that, I will hopefully be in a state that will offer high deductable for under $200/month. __________________ I look to the present moment because that's where I live my life.

07-21-2005, 08:51 AM	#9
kz Recycles dryer sheets Join Date: Jan 2005 Posts: 254	Re: 2nd Health Insurance Poll in Fire We get it from previous employer, per se, but since DH retired we are responsible for paying the full premium of $1027 per month. When the open enrollment time comes around again in Oct. we may switch from a PPO to an HMO since it will be approx. $150 less per month. And come Jan 1st we're looking into HSAs with a $5200 deductible.

07-21-2005, 05:08 PM	#10
Eagle43 Thinks s/he gets paid by the post Join Date: Jan 2005 Posts: 1,660	Re: 2nd Health Insurance Poll in Fire TRICARE - a military retiree perk. Have used it for past 28 months and am reasonably happy with it. __________________ Resist much. Obey Little. . . . Ed Abbey Disclaimer: My Posts are for my amusement only.

07-21-2005, 06:13 PM	#11
KB Full time employment: Posting here. Join Date: Jun 2004 Posts: 999	Re: 2nd Health Insurance Poll in Fire I just signed up for Cobra for July and August.* I applied for individual policys for us, and if denied will use the conversion plan which is priced somewhere between Cobra and an individual plan for September and afterwards.* Cobra for the 3 of us is 713.10 for Medical alone.* I elected to not take Dental at all (107.67 monthly) and took Vision at 37.66 for July so we can have our annual exams paid this year.* This will give me time to figure out something else.....

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

Thread Tools	Search this Thread
Show Printable Version Email this Page	Search this Thread: Advanced Search
Display Modes
Linear Mode Switch to Hybrid Mode Switch to Threaded Mode

Similar Threads
Thread	Thread Starter	Forum	Replies	Last Post
Senator Wyden's "health care plan for all Americans"	REWahoo	Health and Early Retirement	81	12-19-2006 09:04 AM
Planning to apply for Health Insurance	Lakewood90712	FIRE and Money	27	07-06-2006 07:15 PM
FIRE, How much do you pay for Health Insurance	zcung	FIRE and Money	32	06-13-2006 10:24 PM
Health Insurance in FIRE	maddythebeagle	Life after FIRE	47	08-07-2005 07:10 PM
Health Insurance Info - Check the MIB for $9.00	Telly	Other topics	5	09-06-2003 04:37 AM