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Old 09-13-2015, 10:11 AM   #21
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Most retirees I know couldn't afford Medigap. Maybe part B ans D(maybe not) but not Medigap. That's expensive.

I am on plan to stay healthy until 65 and hope that works out as I have a very skimpy plan. Once I get to 65 I don't care what it costs, I will load up to the gills on medical insurance. I don't want to deal with medical bills and fighting over it.



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Old 09-13-2015, 02:34 PM   #22
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I'm just looking at a real world example of Medicare payments if anyone is interested. My DH has Medicare, Part B and Medigap. He has a rather unexpected health issue the year he turned 64 so we just went with a everything covered Medigap plan.

So, he just had completely uncomplicated surgery center (in and out) repair on a hernia..total bill including doctor..9300...Medicare Approved Amount 2800......medicare paid around 2300 leaving 500 for the Medigap to cover..or if he didn't have Medigap 500 dollars out of pocket for us. Some people might prefer to put the cash going to Medigap in a separate account to use as needed.They had a couple items on the bill that Medicare did not approve and they were simply zeroed out and not passed along to us or the insurance.
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Old 09-13-2015, 02:39 PM   #23
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I'm just looking at a real world example of Medicare payments if anyone is interested. My DH has Medicare, Part B and Medigap. He has a rather unexpected health issue the year he turned 64 so we just went with a everything covered Medigap plan.



So, he just had completely uncomplicated surgery center (in and out) repair on a hernia..total bill including doctor..9300...Medicare Approved Amount 2800......medicare paid around 2300 leaving 500 for the Medigap to cover..or if he didn't have Medigap 500 dollars out of pocket for us. Some people might prefer to put the cash going to Medigap in a separate account to use as needed.They had a couple items on the bill that Medicare did not approve and they were simply zeroed out and not passed along to us or the insurance.

Good example. Yes, I am sure its expensive, but who wants to be in their 70s fighting over medical bills, or pouring through every line that can possibly not be understood to see if your getting hosed. I like that "zeroed out " example. I will gladly pay for the premiums to have no extra bills trickling in my way.


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Old 09-13-2015, 02:56 PM   #24
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Good example. Yes, I am sure its expensive, but who wants to be in their 70s fighting over medical bills, or pouring through every line that can possibly not be understood to see if your getting hosed. I like that "zeroed out " example. I will gladly pay for the premiums to have no extra bills trickling in my way.


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Agree, I think Medigap runs around 220 a month, he's been on it 18 months X 220...3960- minus the about 700 that insurance has paid for so far..3200 dollars, some people won't mind digging thru the bills for that kind of savings. Only you can decide what kind of exposure and hassle you want to deal with.
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Old 09-13-2015, 03:05 PM   #25
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Agree, I think Medigap runs around 220 a month, he's been on it 18 months X 220...3960- minus the about 700 that insurance has paid for so far..3200 dollars, some people won't mind digging thru the bills for that kind of savings. Only you can decide what kind of exposure and hassle you want to deal with.

I guess its all relative too. After getting hosed with ACA "rate shock" and paying almost $300 for a crap plan, $220 a month sounds like an absolute bargain! Looks like I will move the chips all in on a Medigap plan. Heck compared to what I got now, I would pay double and not complain.


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