Megacorp has decided that it doesn't want to do its own self funded health
plans for retirees anymore. Instead they will be offering a fixed (forever, not indexed for inflation)cash reimbursement to help pay for plans that we have to find on the open market or through Extend Health, a benefits advisor that they have contracted with to help (they actually call themselves a health exchange).
In the early stages of confusion.......I understand that the Medicare supplement plans have to be "identical" between different suppliers (for a given "letter" plan.). If that is true and the only difference is price, what are the possible disadvantages of going w/ the lowest cost supplier........besides customer service? Aren't all the coverages, coinsurance, etc. the same for a given letter plan?
I also saw this chart http://www.caring.com/comparison_charts/medigaptable.pdf
It appears to say that I cannot have both a max out of pocket cap and also coverage for foreign emergencies in a single policy. True? I didn't see anything
about lifetime maximums.
For a given letter plan and supplier, if I get it on my own vs getting it from Extend Health, which will be cheaper
I tried to get some questions answered by Extend Health but, like all customer service orgs, the service can be highly dependent on the individual you speak to and it sounds like I'm going to have to do the
usual "call N times until you get a statistically significant answer".
Evidently N=3 is not enough.
plans for retirees anymore. Instead they will be offering a fixed (forever, not indexed for inflation)cash reimbursement to help pay for plans that we have to find on the open market or through Extend Health, a benefits advisor that they have contracted with to help (they actually call themselves a health exchange).
In the early stages of confusion.......I understand that the Medicare supplement plans have to be "identical" between different suppliers (for a given "letter" plan.). If that is true and the only difference is price, what are the possible disadvantages of going w/ the lowest cost supplier........besides customer service? Aren't all the coverages, coinsurance, etc. the same for a given letter plan?
I also saw this chart http://www.caring.com/comparison_charts/medigaptable.pdf
It appears to say that I cannot have both a max out of pocket cap and also coverage for foreign emergencies in a single policy. True? I didn't see anything
about lifetime maximums.
For a given letter plan and supplier, if I get it on my own vs getting it from Extend Health, which will be cheaper
I tried to get some questions answered by Extend Health but, like all customer service orgs, the service can be highly dependent on the individual you speak to and it sounds like I'm going to have to do the
usual "call N times until you get a statistically significant answer".
Evidently N=3 is not enough.
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