Newbie here, navigating these waters. I had erroneously thought Medicare would be an "easy" decision. Not so. Sigh.
Two very Newbie Questions:
a. I'm in urban Minnesota. Medigap, which I believe is Plan G although not labeled as such (it is called Basic), is rather more expensive than what a lot of people report here, at $231.40/mo. I'm assuming prices vary by state? I am looking at a BCBS plan, which appears fairly comparable to others in my area.
b. In 2019 I was working and adjusted income was >88,000. Thus I will have to pay $207.90/mo. for Part B. If my income in retirement is lower than 88,000 in future years, can the Part B premium be lowered on appeal, or am I locked into the higher cost forever?
Have yet to navigate through the even more murky waters of Advantage plans. All of this is stupidly similar to our yearly health care "election" period during my many working years.
Two very Newbie Questions:
a. I'm in urban Minnesota. Medigap, which I believe is Plan G although not labeled as such (it is called Basic), is rather more expensive than what a lot of people report here, at $231.40/mo. I'm assuming prices vary by state? I am looking at a BCBS plan, which appears fairly comparable to others in my area.
b. In 2019 I was working and adjusted income was >88,000. Thus I will have to pay $207.90/mo. for Part B. If my income in retirement is lower than 88,000 in future years, can the Part B premium be lowered on appeal, or am I locked into the higher cost forever?
Have yet to navigate through the even more murky waters of Advantage plans. All of this is stupidly similar to our yearly health care "election" period during my many working years.