Join Early Retirement Today
Thread Tools Search this Thread Display Modes
Health Insurance, yet again (Martha are you out there?)
Old 03-18-2007, 05:33 PM   #1
Thinks s/he gets paid by the post
Sheryl's Avatar
Join Date: Apr 2004
Posts: 1,463
Health Insurance, yet again (Martha are you out there?)

I'm sorry. Although I'm sure there is one, I couldn't find a relatively recent thread, so I'm starting a new one.

Last week I found out our really good group plan at work is increasing cost by about 13%. We can't keep paying this. Since I have the most at stake, I've been tasked with researching the options.

The plan that appears to be the best would involve changing carriers. It also requires that everyone fill out a health questionaire.

I have recently had some serious health issues that would send up lots of red flags with underwriters.

My concerns are:

1. Even though they claim the form will stay within the underwriting company only, I fear my health issues would be put into the national insurance database, screwing me forever. (Or is my info already there, from my current company?)

2. My issues may drive up the cost of the plan to the point where we might just as well have stayed with the old one - but we won't know until I fill out the form.

3. Our current plan is covered by COBRA. (We are less than 50 employees, but are part of a larger group). The new one would not be (because we would be our own "group;"). WA law says that if you exhaust COBRA, companies must offer you an individual plan without Health Screening. I don't know if this policy would apply to the alternative plan. The languange from the state seems to imply this, but I'm not SURE.

I'm freaking out about this, as my future insurability for the rest of my life seems at stake. (Yes there is always the state high risk pool, but I've heard it stinks).

Any advice from those who know about these issues would be welcome!
Sheryl 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!


health insurance

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
Poll on Health Insurance Costs for a married Couple with no kids Cut-Throat Health and Early Retirement 13 02-12-2007 01:12 AM
health insurance and effect on increased health care costs Martha Other topics 9 08-08-2006 01:54 PM
The book, The New Health Insurance Solution Martha FIRE and Money 20 05-15-2006 10:16 AM
Health Insurance Question Rich FIRE and Money 5 01-11-2005 10:57 AM
Health Insurance Info - Check the MIB for $9.00 Telly Other topics 5 09-06-2003 03:37 AM

» Quick Links

All times are GMT -6. The time now is 11:33 AM.
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2021, vBulletin Solutions, Inc.