TromboneAl
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
- Joined
- Jun 30, 2006
- Messages
- 12,880
Today, my to-do app told me to "Apply for Medicare" (three months until my 65th birthday). (Lena (DW) is 63.)
Is it me, or are there a lot of complicated choices that need to be made?
Given that we have a lot of money "in the bank," and we never use insurance to cut costs (only to eliminate catastrophic expenses), my initial assessment is that I should choose Medicare Parts A & B and add drug coverage (Part D).
There's only one Part C plan with drug coverage in our area, and that is a more expensive option.
Here's an example of the 21 drug plans available in my zip code:
If I were to select that plan, my total monthly premium would be
Plan A: $0
Plan B: $134
Plan D: $22.50
----------------
Total: $156.50
Is that correct?
Concerning the drug copay of $1-$4, is that only relevant after I've paid the $405 deductible? IOW, do I pay full price until I've paid $405, or do I pay $4 per purchase right from the start?
Thanks for the help!
Al
Is it me, or are there a lot of complicated choices that need to be made?
Given that we have a lot of money "in the bank," and we never use insurance to cut costs (only to eliminate catastrophic expenses), my initial assessment is that I should choose Medicare Parts A & B and add drug coverage (Part D).
There's only one Part C plan with drug coverage in our area, and that is a more expensive option.
Here's an example of the 21 drug plans available in my zip code:
If I were to select that plan, my total monthly premium would be
Plan A: $0
Plan B: $134
Plan D: $22.50
----------------
Total: $156.50
Is that correct?
Concerning the drug copay of $1-$4, is that only relevant after I've paid the $405 deductible? IOW, do I pay full price until I've paid $405, or do I pay $4 per purchase right from the start?
Thanks for the help!
Al