Join Early Retirement Today
Thread Tools Search this Thread Display Modes
Old 06-07-2016, 12:56 PM   #21
Full time employment: Posting here.
Join Date: Aug 2014
Location: Phoenix
Posts: 519
Originally Posted by molly312 View Post
My personal experience: Both my husband and I have Plan F. My husband is in perfect health and to date, would have saved some money on High deductible plan F, or one of the others. I, have breast cancer and for us Plan F has been a God sent blessing. My bills have been large and many. No, we did not plan on this. Along with the physical and mental stress of this disease, we have been relieved of weekly billing fights and tons of paperwork. Yup, you can figure out what is the best for less this year. However, few people figure that they are going to get a future serious medical condition when doing the math. We endorse Plan F - had wonderful support from both Anthem (first policy) and then AARP.

I will also add - that for us, the biggest challenge is the Part D, drug plan. When you sign up for one, they give you a formulary. However, there is no guarantee that they won't change their formulary mid-year and leave you with huge increase in drug costs.
The problem is that Plan F is going away for new enrollees in 2020. Consequently, there may be substantial increases in premiums for those who are grandfathered into those plans. The other point I'd make is that there are many cases where you can save money with Plan G over Plan F no matter how much your medical coats are! There are many policies where Plan G is cheaper for the year than F even if you have to pay the Part B deductible under Plan G.

As for the drug plans, I agree you have to watch the formulary and if it changes to your detriment then you should change as soon as permitted.

Ian S is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Old 06-07-2016, 04:18 PM   #22
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
haha's Avatar
Join Date: Apr 2003
Location: Hooverville
Posts: 22,538
In my state of Washington, you can always move laterally from one company' s Medigap policy to another of the same or lower level.

Sent from my iPhone using Early Retirement Forum

"As a general rule, the more dangerous or inappropriate a conversation, the more interesting it is."-Scott Adams
haha is online now   Reply With Quote

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

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

Similar Threads
Thread Thread Starter Forum Replies Last Post
Almost 65 and pondering medicare supplement/advantage policies Nova Health and Early Retirement 29 11-23-2011 10:59 AM
Medicare Supplement Plans/Extend Health kaneohe Health and Early Retirement 52 09-12-2011 01:30 PM
Medicare Supplement Question stillmuchtolearn FIRE and Money 4 09-24-2006 09:44 PM
Medicare supplement uncledrz FIRE and Money 5 10-15-2005 05:55 AM


All times are GMT -6. The time now is 09:53 PM.
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2018, vBulletin Solutions, Inc.