48 and planning

[broadway]

Health blue shield PPO 200
$200 for health insurance for 2 people
That seems awfully low.
Are you planning on getting free care through the VA, and this is for anything that is not covered?

[livelaughlovejs]

I'm not sure what my health insurance will be as a reitred person so thats what we estimated. I'm not planning on using veterans. We have a HMO now but will have a PPO Blue shield in retirement. I will look into it more. Thanks

[aja8888]

Quote:

Originally Posted by livelaughlovejs I'm not sure what my health insurance will be as a reitred person so thats what we estimated. I'm not planning on using veterans. We have a HMO now but will have a PPO Blue shield in retirement. I will look into it more. Thanks

If things stay the same for you up until retirement and Medicare is the option, plan on EACH of you spending at least $100/month for Part B and $35/month for a Part D drug plan.

Remember, Medicare and Part D by themselves are not great plans and there are deductibles for many things. Most folks supplement Medicare with a Medigap policy which could cost up to $200/month EACH.

I'm not sure if Medicare Advantage plans will be around years from now, but they are less costly than what I stated, but have less options when picking providers.

In any event, after 65 medical insurance costs are pretty high if you want good coverage. You probably will need good coverage getting older, though.

[broadway]

She said her husband was 54. That is 12 more years before Medicare for him. No information about her.

Using ehealthinsurance.com to get quotes for male 54 non-smoker and female 50 non-smoker living in Pierre, SD. The cheapest rate was $370 /month.

The budget for health insurance needs to be upped to be realistic.

[aja8888]

Quote:

Originally Posted by broadway She said her husband was 54. That is 12 more years before Medicare for him. No information about her. Using ehealthinsurance.com to get quotes for male 54 non-smoker and female 50 non-smoker living in Pierre, SD. The cheapest rate was $370 /month. The budget for health insurance needs to be upped to be realistic.

Yeah, I stated if things stay the same until Medicare kicks in. Agreed, future health care costs will be higher for insurance, not including what they have to pay outside of the coverage.

[obgyn65]

Welcome o the foum, livelaughlovejs. Great username by the way.