Quote:
Originally Posted by bumpa
Very true, cost is often the decision maker. As someone who has had both a Medicare supplement plan and now a UHC advantage plan I can speak to both the benefits and cost issues. When we retired at 65, 15 years ago, we choose Plan F initially and experienced no issues with the plan or the care we required (very very little). Both my wife and I were quite healthy. Now while we could then and now readily afford the high monthly fee for plan F or G the cost seemed to increase dramatically each year.
We arrived at a point 10 years ago where we were paying about $400 a month for plan F with the prospect that it would go even higher. We were healthy and therefore receiving no benefit from a high priced plan. We than looked at the UHC advantage plan with a total cost of $38 per month. A savings of about $320 a month or $3800 a year. We switched and have had zero issues with the care and coverage. Kept all our doctors, picked up dental and vision coverage in addition.
Now we arrive in 2025 and my wife at 77 has been diagnosed with stage 2 breast cancer, it's 99% curable but there are operations (2) and radiation treatments costing well into the 1000's of dollars. Every test and process has been approved without any delay. The treatment process has been excellent
With UHC we have a max out of pocket per year of $6700 and of course with the expected expense we will hit that figure. However over ten years we have saved more than $38000, all of it tucked safely away, so the figure does not concern me in any way.
In my opinion the choice people make should be based first on the state of their health and the health of their elders and ancestors. As always insurance is a bet for or against yourself.
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So in 5 1/2 to 7 years you could be behind the eight ball coverage wise. Nothing like playing a little Russian roulette. BTW, is that out-of-pocket per person or a total for the two of you per year?