I need some input from some of my fellow "experienced" folks about Medicare. Well, Medigap plans actually.
I'm closing in on my 65th birthday. I've done a lot of research and have a pretty good understanding of what is offered through the various Medigap plans. For instance, I know Plan F is the top-tier plan and also the most expensive. Plan C is very, very similar in both benefits and cost. It looks like both those will cost just over $140 per month in my state.
The thing is, there are other plans that cost less in terms of premiums, but there are some deductible costs on the back end.
Since the plans are standardized no matter where you live, I was wondering if anyone could share what plan they have and if they are happy with it.
We went through this research too about 5 years ago.
In our house hubs is in charge of health insurance stuff so here is what he has to say: "You might want to look into Medicare supplemental insurance plans such as Humana and the like. AARP also has one for its members. With these types of pland you don't need Medigap.
We have our supplemental through Humana which had several different plans, some with higher copays than others, some are HMOs and others are PPOs (HMOs are less expensive but you cannor choose your doctor where as with PPOs you can choose your doctor).
Our plan is called Humana Medicare Advantage, it's a PPO, and until now cost us $95 each per month but going up to $98 next year. Our copays for our general physicisn are $5, no matter how many visits, specialists are $40 and ER $75. We get bloodwork twice a year, and a complete physical once a year at no cost. My prescriptions are $4 at Walmart, don't know how much they would cost elsewhere although hubs has one that cost $24 for a 3 month supply."
BTW if you go with Humana their call center is great. Very little hold time and their employees are very knowledgeable and helpful. Humana also has the "Silver Snickers" card. With it you can go to participating gyms completely free. We have a Heartland close to us and we use their eliptical and weight machines five days a week. In some areas you can also take advantage of various classes, also free.