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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

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2nd Health Insurance Poll in Fire
Old 07-20-2005, 09:47 PM   #1
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2nd Health Insurance Poll in Fire

2nd question.
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Re: 2nd Health Insurance Poll in Fire
Old 07-20-2005, 10:35 PM   #2
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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.
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Re: 2nd Health Insurance Poll in Fire
Old 07-21-2005, 07:33 AM   #3
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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
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Re: 2nd Health Insurance Poll in Fire
Old 07-21-2005, 08:08 AM   #4
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Re: 2nd Health Insurance Poll in Fire

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)*
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Re: 2nd Health Insurance Poll in Fire
Old 07-21-2005, 08:18 AM   #5
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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?
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Re: 2nd Health Insurance Poll in Fire
Old 07-21-2005, 08:29 AM   #6
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Re: 2nd Health Insurance Poll in Fire

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.*
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Re: 2nd Health Insurance Poll in Fire
Old 07-21-2005, 08:30 AM   #7
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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.
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Re: 2nd Health Insurance Poll in Fire
Old 07-21-2005, 08:31 AM   #8
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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.
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Re: 2nd Health Insurance Poll in Fire
Old 07-21-2005, 08:51 AM   #9
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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.
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Re: 2nd Health Insurance Poll in Fire
Old 07-21-2005, 05:08 PM   #10
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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.
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Re: 2nd Health Insurance Poll in Fire
Old 07-21-2005, 06:13 PM   #11
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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.....


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