Join Early Retirement Today
Thread Tools Search this Thread Display Modes
Stat Healthcare update
Old 08-23-2009, 01:38 PM   #1
Full time employment: Posting here.
Join Date: Mar 2008
Posts: 654
Stat Healthcare update

I was searching for info on how health care reform might affect early retiree's and came across this site. It just happened to have a little information on retiree's. It may be a good site to check out as the weeks/months move on with the health care debates. Comments about your interpertation of how this may help or hurt a person planning to retire soon would be great to see.
Hope all still working are having a good weekend. The rest I guess its just another good day . Which I hope to experience soon.
The everyday is Saturday syndrome sounds so good to me,

Stevewc 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 08-23-2009, 01:53 PM   #2
Moderator Emeritus
Join Date: Oct 2007
Posts: 4,929
On reading the linked page, this sounds like a mechanism to provide reinsurance (effectively, cost reduction or smoothing) to employers providing coverage to retirees in the 55-65 age range, us pre-Medicare retirees. The reinsurance would give an employer-based plan covering retirees an 80% refund of costs over $15,000 up to $90,000.

This might act as an incentive for employers to offer early retiree medical insurance coverage in the future, but I don't see any effect for those not already covered by such insurance. It still looks like COBRA/Individual policies for the rest of us.

M Paquette is offline   Reply With Quote
Old 08-23-2009, 03:04 PM   #3
Full time employment: Posting here.
Join Date: Mar 2008
Posts: 654
My employer offers to pay a small amount toward a retirees health insurance for the 18 months of cobra, then continues to pay if (very big If)we go into the high risk pool offered by the State. Which is super expensive. They pay a portion for the individual that works for the company but nothing toward the rest of the family's coverage.

The thing I've been trying to wrap my head around is the possibility that some of these proposed changes might actually lower my cost, if I were to bale out early and gamble? If I were already retired say at the end of this year, I am 55 years old. Kind of risky but if anything passes in the different bills that forces these high risk State pools to lower their prices, I might slip into a better situation.
Self centered I know, but my escape depends a lot on health care cost,
PS. Do you think the congress critters might accidentally slip up and help the working man/woman?
Or, are they mostly worried about the big insurance companies and the campaign donations?
Stevewc is offline   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
Healthcare facts aenlighten Health and Early Retirement 8 08-08-2008 09:40 PM
Healthcare is the issue for me Cubitt Hi, I am... 4 12-19-2007 07:29 PM
The Cost of Healthcare. bugs8 FIRE and Money 7 04-05-2007 04:27 PM
Healthcare Insurance Helena FIRE and Money 12 09-03-2006 12:14 PM
Healthcare costs moretolife FIRE and Money 2 11-28-2005 03:13 PM


All times are GMT -6. The time now is 08:35 PM.
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2018, vBulletin Solutions, Inc.