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Old 10-09-2012, 01:15 PM   #361
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Yes, coverage is from DH's policy. Is the conversion policy you are talking about what is considered the state's high risk pool? Or is it the new option that will be available under the Obama plan in 2014? Anyway to find out what the price likely would be before pulling the plug on working?
Current regulations (COBRA) guarantee you (well, technically DH) the right to continue his same policy for 18 months. Once that runs out other regulations (HIPAA) guarantee you the right to buy individual coverage, called conversion - as in converting from group to individual. It is a federal mandate. The state determines what policy qualifies for conversion and price is less regulated, but it is a policy. What state are you interested in (not prying, maybe we can find a link to something more specific). Implementations is different in each state.

Keeping group coverage is the key, if you drop it for more that 62 days you lose all the protections.
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Old 10-09-2012, 01:52 PM   #362
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Originally Posted by MichaelB View Post
Current regulations (COBRA) guarantee you (well, technically DH) the right to continue his same policy for 18 months. Once that runs out other regulations (HIPAA) guarantee you the right to buy individual coverage, called conversion - as in converting from group to individual. It is a federal mandate. The state determines what policy qualifies for conversion and price is less regulated, but it is a policy. What state are you interested in (not prying, maybe we can find a link to something more specific). Implementations is different in each state.

Keeping group coverage is the key, if you drop it for more that 62 days you lose all the protections.

We currently live in Alabama, but I'm not sure if this is where we will eventually retire. Florida is high on the list. However, if there was a state that was better for us insurance-wise we would consider making that our primary residence and then doing part of the year in Florida.

Thank you for your input - it's been a while since I've read about FIRE health insurance stuff, so I'm rusty on it all.
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(49, married; DH 53. I am fully retired as of 2015 (well ok, I still work part-time but only because I love the job and have complete freedom to call off if I want to travel with hubby for work), DH hopes to fully retire 2018 when he turns 55 to access 401K penalty-free...although he may decide to do part-time consulting)
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Old 10-09-2012, 02:05 PM   #363
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Glad to see you back again Simple girl. Sorry you have had such a tough year, but looks like you have it behind you now.

Best of luck.
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Old 10-09-2012, 02:19 PM   #364
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Bless you and long life to you and your positive attitude. I don't know you, but I know a winner when I see one!
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Old 10-09-2012, 02:27 PM   #365
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My stars and little comets, lassie, you have been through the mill!

I am so glad for you!

DW and I know of MDA. They will fight like hell for you. If we ever have the Big C [again] [but I mean the BIG C] (and if we have the $ ), there we will go.
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Old 10-09-2012, 02:34 PM   #366
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We currently live in Alabama, but I'm not sure if this is where we will eventually retire. Florida is high on the list. However, if there was a state that was better for us insurance-wise we would consider making that our primary residence and then doing part of the year in Florida.
If you stay in Alabama, AHIP is your new best friend https://www.alseib.org/healthinsurance/ahip/ I would describe it using the same words DW occasionally uses to describe me (better than nothing )

A conversion policy is not group, it's individual coverage. If you have it when you move you won't be able to use it to get new coverage in a new state.

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Thank you for your input - it's been a while since I've read about FIRE health insurance stuff, so I'm rusty on it all.
Sure thing. Before year-end this will not all be settled but at least we all should have a better idea if it makes sense to brush up on the old regulations or learn more about the PPACA. You're probably better off waiting, and spending the next month enjoying the fall. At least that's what I plan to do...
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Old 10-09-2012, 03:25 PM   #367
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Hi There Simple Girl!

I am glad that you are doing better...we have been supporting my brother while he trudged through surgery, radiation, & chemo for colon cancer. He is now "cancer free," and we are all focusing on enjoying each day. A good support system is absolutely essential! I hope you continue to heal quickly and completely.
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Old 10-09-2012, 03:57 PM   #368
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Well, you certainly have been through the mill! It's good to hear things are looking up. I did see an occasional post but figured you would fill us in when you were ready. Welcome back Simple Strong Girl!
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Old 10-09-2012, 04:36 PM   #369
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If you stay in Alabama, AHIP is your new best friend https://www.alseib.org/healthinsurance/ahip/ I would describe it using the same words DW occasionally uses to describe me (better than nothing )
Thanks so much for the link! Even though things will be changing soon, and we won't be ready to FIRE for several more years, at least this gives me a ballpark on prices to expect for various coverage options. Much appreciated!

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A conversion policy is not group, it's individual coverage. If you have it when you move you won't be able to use it to get new coverage in a new state.
I was thinking that might be an issue. So what happens when you travel somewhere for vacation? No coverage?


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Sure thing. Before year-end this will not all be settled but at least we all should have a better idea if it makes sense to brush up on the old regulations or learn more about the PPACA. You're probably better off waiting, and spending the next month enjoying the fall. At least that's what I plan to do...
I will join you in enjoying the fall and not worrying about this for now!
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Old 10-09-2012, 04:48 PM   #370
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Hey simple girl, glad to hear that most things are going good for you in your life struggle with "C". As you may remember, my wife went through it back in 1986. She read up on the latest posts and said to give you her best. Please keep us posted on what's going on.
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Old 10-09-2012, 05:11 PM   #371
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Very glad to hear of your triumphs and absolutely love your positive attitude. You go girl!
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Old 10-09-2012, 05:30 PM   #372
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Welcome back, Simple Girl. So happy to hear the positive news.
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Old 10-09-2012, 05:30 PM   #373
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Glad to hear that you are cancer free. I am sorry to hear what you have been through though. You do have such a great attitude. It will be nice having you back.
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Old 10-09-2012, 05:34 PM   #374
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grats on the good news!
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Old 10-09-2012, 06:11 PM   #375
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So glad that your long, hard fight has been won. Never stopped thinking of you.

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Old 10-09-2012, 06:20 PM   #376
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So happy to hear this positive update!!!!!
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Old 10-09-2012, 06:21 PM   #377
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Take care, simple girl.
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Old 10-09-2012, 06:34 PM   #378
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Simple Girl,

Glad to hear the great news!

Welcome back.
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Old 10-09-2012, 08:14 PM   #379
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So glad to hear you've made it through a tough time! Keep up the wonderful attitude, and hope to see you posting here more again!
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Old 10-09-2012, 10:32 PM   #380
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Congratulations on being NED!
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