frayne
Thinks s/he gets paid by the post
Retired last year and DW and I will be 52 and 55 respectively this year. Both of us are in decent health and go to the doctors maybe twice a year, primarily for allergy shots and misc. I have retiree medical coverage through Atena at $300 a month, 80/20 plan with $20 co-pays, etc. and a $250/$750 deductable. Open enrollment started yesterday in the event I want to change coverage. In looking over the information a much cheaper, higher deductable plan is available for about $50 a month. Deductable is $2500/$5000 and after that is paid, the 80/20 kicks in. Simple math I could save approx. $3K a year by opting for the basic and cheaper plan. Also thought about setting up an HSA if I would qualify.
Debating on which route to take and wondering if I am missing something here. Any comments, suggestions or discussion is much appreciated.
Debating on which route to take and wondering if I am missing something here. Any comments, suggestions or discussion is much appreciated.