Monthly charge for medicare

[Texas Proud]

Thanks for the replies!!!


It is cheaper than I thought... good to know... but looking at UHC plans there is a lot more than just G or H...


I still have a few months to go so will be checking this out over the next 6 months

 

[Dash man]

Thanks for the replies!!!


It is cheaper than I thought... good to know... but looking at UHC plans there is a lot more than just G or H...


I still have a few months to go so will be checking this out over the next 6 months

Any Medicare supplement other than Plan G or Plan N (Plan F no longer available) is not worth considering in my opinion. You want the plan you need when you’re sick, not when you’re healthy.

 

[Calico]

Any Medicare supplement other than Plan G or Plan N (Plan F no longer available) is not worth considering in my opinion. You want the plan you need when you’re sick, not when you’re healthy.

+1000

 

[athena53]

So my total insurance cost is under $300 with a $233 deductible. Big improvement from $830/mo with a $6000 deductible.

Yeah, that's about what I was paying for "Affordable" Care Act coverage before I hit 65 4 years ago.

Anyway- I'm 69 and in good health other than needing increased BC screening (family history) and cardiac insufficiency which now requires an annual echocardiogram but no meds. I'm on one prescription, still under patent so no price breaks but within the budget. I live in a Kansas City suburb.

United Healthcare/AARP Supplement: $213/month. Medicare B $170/month plus $170 IRMAA surcharge, Prescription Plan $23 + $32 IRMAA surcharge (I buy the cheapest plan I can find). So, a little over $600/month but I rarely pay anything out of pocket except the prescription plan annual deductible ($450 or so?) and blood tests I order on my own through RequestaTest because I want to monitor my health more often than Medicare deems necessary.

You haven't mentioned Medicare Advantage but it's sold very aggressively. There are multiple threads on that. Most of us have chosen traditional Medicare.

 

[CardsFan]

You haven't mentioned Medicare Advantage but it's sold very aggressively. There are multiple threads on that. Most of us have chosen traditional Medicare.

Funny you mentioned that. DW was just watching "Dr. Phil". As part of the "show" he had a woman on extolling the virtues of Advantage plans. "Coincidentally" she is also a broker for the plans.

Just curious if "Dr. Pill" (not a typo, that is what I call him) is on a "no cost" Advantage plan

 

[F.I.R.E User]

My mother has WellCare no premium plan so she pays $0. Also, she has Amerigroup Medicaid which is also $0 premium with LTC. All prescriptions are free as well.

 

[SJhawkins]

I'm just going to toss this out, I'm a good 10 years out from Medicare. Everytime I read posts like these
I half wonder if they could not make this anymore complicated with part A this, part D that, old part F plans, Advantage vs Medagap, etc. Kind of makes my head spin trying to follow it.

Maybe when it's my turn the belly up to the bar I will have a few weeks of time on my hands to figure it out!

It's lucky we have such a wealth of knowledge here to transverse topics like this.

Back to reqular scheduled programming.

 

[CRLLS]

My mother has WellCare no premium plan so she pays $0. Also, she has Amerigroup Medicaid which is also $0 premium with LTC. All prescriptions are free as well.

To be fair, Medicaid is a totally different program from Medicare. I am not expert on Medicaid. from my understanding, one needs to qualify as a low-to no income person to participate.

 

[sengsational]

..
I still have a few months to go so will be checking this out over the next 6 months

The price is one thing, and the pricing model is another. The latter is more important, IMO. Most offerings are "attained age" pricing model, meaning you can expect big increases as you "attain" a higher age. So this lets them price aggressively for the 65 year old, you might not be doing yourself any favors in the long term. UHC AARP has a modified "issue age" model, where they give you a discount off of the eventual higher price. In NC, only two or three Medigap policies are issue age, which made shopping a whole lot easier.

 

[pacergal]

We chose an Advantage plan with Kaiser, $0 premium. And I chose to add the $44/mo for dental and vision, since we both wear glasses and I have glaucoma.
So $170 per month for each us, plus the $44 so $428 total.

 

[zinger1457]

The price is one thing, and the pricing model is another. The latter is more important, IMO. Most offerings are "attained age" pricing model, meaning you can expect big increases as you "attain" a higher age. So this lets them price aggressively for the 65 year old, you might not be doing yourself any favors in the long term. UHC AARP has a modified "issue age" model, where they give you a discount off of the eventual higher price. In NC, only two or three Medigap policies are issue age, which made shopping a whole lot easier.

Where do you see the pricing model information? I'm looking at the supplement plans available to me from UHC AARP and there are two G plans (regular and select) listed but don't see any mention if it's 'attained age' based or not. The select plan is cheaper but requires you select a hospital network.

 

[sengsational]

My state (not unique) has a web site with Medigap info. Each plan must be registered with the state to be able to sell the policy. Maybe start with your state's insurance commissioner page.


NC is somewhat unique in that each company may offer only one pricing model.

 

[fosterscik]

Where do you see the pricing model information? I'm looking at the supplement plans available to me from UHC AARP and there are two G plans (regular and select) listed but don't see any mention if it's 'attained age' based or not. The select plan is cheaper but requires you select a hospital network.

I signed up with the AARP G plan earlier this year. The Medicare.gov site listed all the plans available to me in my zip code and clearly stated that the AARP plans were community rated and not age attained.
https://www.medicare.gov/medigap-supplemental-insurance-plans/#/m?lang=en&year=2022
I could also have chosen an AARP G select plan, but decided against it. I am actually happy with the doctors/hospital chain I currently use and they would have been available in the select plan. However, as others have commented up-thread, I want to preserve the choice of out of network specialists if I develop future problems. The extra cost is minimal when considered in this light.

 

[MRG]

We both turn 65 this year and have the AARP UHC plan G offering. Our premium our premium is $211 monthly plus a drug plan for $88. Not in love with this years drug plan but plan G is awesome. Had surgery for a deviated septum yesterday and I had already prepaid my yearly deductible when they called to disclose the billing details.

 

[zinger1457]

I signed up with the AARP G plan earlier this year. The Medicare.gov site listed all the plans available to me in my zip code and clearly stated that the AARP plans were community rated and not age attained.
https://www.medicare.gov/medigap-supplemental-insurance-plans/#/m?lang=en&year=2022

Thanks, the medicare.gov site does list it as 'community pricing', doesn't seem to show that on the AARP site where you get the actual prices.

 

[F.I.R.E User]

To be fair, Medicaid is a totally different program from Medicare. I am not expert on Medicaid. from my understanding, one needs to qualify as a low-to no income person to participate.

She has no assets. So she qualified.

 

[CRLLS]

She has no assets. So she qualified.

My comment was more related to this thread is about Medicare. Not Medicaid. BTW, it is good that she has medical coverage. Cheers.

 

[CardsFan]

The price is one thing, and the pricing model is another. The latter is more important, IMO. Most offerings are "attained age" pricing model, meaning you can expect big increases as you "attain" a higher age. So this lets them price aggressively for the 65 year old, you might not be doing yourself any favors in the long term. UHC AARP has a modified "issue age" model, where they give you a discount off of the eventual higher price. In NC, only two or three Medigap policies are issue age, which made shopping a whole lot easier.

Also keep in mind that some states (MO, where I live is one) have guaranteed issue for the same plan (birthday here, but some use anniversary) so you CAN change providers if prices get out of whack.

 

[Texas Proud]

I signed up with the AARP G plan earlier this year. The Medicare.gov site listed all the plans available to me in my zip code and clearly stated that the AARP plans were community rated and not age attained.
https://www.medicare.gov/medigap-supplemental-insurance-plans/#/m?lang=en&year=2022
I could also have chosen an AARP G select plan, but decided against it. I am actually happy with the doctors/hospital chain I currently use and they would have been available in the select plan. However, as others have commented up-thread, I want to preserve the choice of out of network specialists if I develop future problems. The extra cost is minimal when considered in this light.

Interesting looking at what is offered...


[-]Of the 15 plans offered, 14 are attained age pricing and only 1 is issue age pricing... I see no community pricing [/-]


OK.. was looking at it wrong.. that is for one kind of plan... I got to figure out which letter I will be choosing!!!




WOW...... 66 offered for plan G... lots of options...

 

[omni550]

WOW...... 66 offered for plan G... lots of options...

Texas Proud,

I know it was mentioned in passing in a post up-thread, but I want to further emphasize this point. By law, all Medicare Supplemental Plan "Xs" offer identical coverage.

(Some may think paying more for a given Plan "X" may get yield better benefits, coverage, etc. That is not the case.)

omni

 

[CRLLS]

Texas Proud,

I know it was mentioned in passing in a post up-thread, but I want to further emphasize this point.
[/U]
(Some may think paying more for a given Plan "X" may get yield better benefits, coverage, etc. That is not the case.)

omni

Not necessarily 100% accurate. All Medicare Supplemental Plan "Xs" must offer offer a common minimum required coverage. Locally, our AARP/UHC plan also includes gym memberships in a program they call "Renew Active" Some other insurers have a similar benefit called "Silver sneakers" Not all insurers include these benefits as they are above the minimum "Plan G" requirements.

 

[jim584672]

Connecticut has a good Medicare Savings Program for Qualified Medicare Beneficiaries (QMBs)

Income eligibility under:
$ 2,265 single
$ 3,064 couple
No asset test.

QMB - This program is similar to a “Medigap” policy. It pays your Part B premium and all Medicare deductibles and co-insurance.

 

[Dash man]

Just received our notice of increase from UHC/AARP Plan N. Beginning in August, my rate increases from $124.20 to $126.75, and DW’s from $110.16 to $112.45. That totals $239.20 - $2.00 for EFT discount, or $237.20/month for both of us.
I can live with that!

 

[REWahoo]

Just received our notice of increase from UHC/AARP Plan N. Beginning in August, my rate increases from $124.20 to $126.75, and DW’s from $110.16 to $112.45. That totals $239.20 - $2.00 for EFT discount, or $237.20/month for both of us.
I can live with that!

Your ages?

For comparison, DW and I (74 and 75) currently pay a total of $217 for MoO Plan N.

 

[Dash man]

Your ages?



For comparison, DW and I (74 and 75) currently pay a total of $217 for MoO Plan N.

We’re both currently 65 and both turn 66 in August.

Rates in my area of Pennsylvania tend to be higher than many places.