Rich
Recycles dryer sheets
- Joined
- Nov 28, 2004
- Messages
- 245
Not sure this is the correct place in the Forum for this, but;
When I retire in a couple of years I'll have two different health insurance coverages. One will be from a large municipality and costs me virtually nothing to maintain. Out of the area of that city, and unless I'm living in certain parts of Florida, it doesn't do me much good, but, as I've said, the price is right so I'm keeping it. I will be able to keep MA BlueCross/Blue Shield when I leave the job I'm in now, paying 50% of the premium (I dunno, $5,000 a year??). That is a really good insurance, and is useable around the nation.
OK, here's the question; when transitioning to Medicare, I understand insurance premiums are greatly reduced to consumers as they now become a sort of "bridge" between what Medicare pays and what the insurance company would have paid (please correct me if I'm wrong on this stuff). Is my belief correct, and if so, what should I expect to see in a reduction in the cost of my MA BC/BS policy?
Thanks.
When I retire in a couple of years I'll have two different health insurance coverages. One will be from a large municipality and costs me virtually nothing to maintain. Out of the area of that city, and unless I'm living in certain parts of Florida, it doesn't do me much good, but, as I've said, the price is right so I'm keeping it. I will be able to keep MA BlueCross/Blue Shield when I leave the job I'm in now, paying 50% of the premium (I dunno, $5,000 a year??). That is a really good insurance, and is useable around the nation.
OK, here's the question; when transitioning to Medicare, I understand insurance premiums are greatly reduced to consumers as they now become a sort of "bridge" between what Medicare pays and what the insurance company would have paid (please correct me if I'm wrong on this stuff). Is my belief correct, and if so, what should I expect to see in a reduction in the cost of my MA BC/BS policy?
Thanks.