Marketwatcher
Recycles dryer sheets
- Joined
- Mar 16, 2015
- Messages
- 64
I'm retiring soon and have to make a decision to accept my company's retiree plan or less expensive private insurance. Both plans are PPO plans that cover the whole country. I need such a plan, and these seem to be disappearing. The private plan is through Florida Blue.
The Florida Blue plan is $200 a month cheaper than my retiree insurance; however, I'm afraid Blue Cross might start pulling their PPO plans out of Florida like they have their insurance in other states. Of course, my company could pull their plan any time, but I have reasons to think that's not likely. I've budgeted for the more expensive plan, but would certainly like to save $2400 a year, if possible.
I'm in good health, so taking a generous plan doesn't really matter to me.
So what do you think? Is it worth $2400 a year to take what I think is a surer bet? Or am I overexaggerating the potential private insurance situation?
The Florida Blue plan is $200 a month cheaper than my retiree insurance; however, I'm afraid Blue Cross might start pulling their PPO plans out of Florida like they have their insurance in other states. Of course, my company could pull their plan any time, but I have reasons to think that's not likely. I've budgeted for the more expensive plan, but would certainly like to save $2400 a year, if possible.
I'm in good health, so taking a generous plan doesn't really matter to me.
So what do you think? Is it worth $2400 a year to take what I think is a surer bet? Or am I overexaggerating the potential private insurance situation?