Re: Maricar19 Account Talk
Health Savings Account (HSA): Even if you are retired, but under age 65, you can still contribute to your HSA if you have a qualifying high-deductible health (HDHP) insurance.
However even if we are retired and under 65, we cannot contribute to HSA because we are covered under Tricare insurance.
We never gave HSA a thought because we knew that we will be covered by Tricare (USFHP) before 65 and then Tricare Prime and Medicare at 65.
Alas, we never looked beyond the services that will not be covered by either insurances.:scratchchin:
No matter how much preparation/ research during your pre-retirement years, there will always be,.."I wish I did that...I wish I knew that!":argue:
Long Term Care (LTC): We checked Federal Long term Care (FLTC) and it was expensive for me. Am a smoker, overweight, and so on..:lmao:
But we are still on the lookout. We are interested in the "Hybrid Policy" that FlaFlaw mentioned- where both parties can draw from it.
Per FLTC website, if benefits are unused, part/some of the premiums will be returned. The application form asks for beneficiary.
Re: Maricar19 Account Talk
This is why I miss Burro...
For those who never met Burro, you missed a part of the TSP Talk life..
Quote:
Originally Posted by
burrocrat
those are b.s. parameters. any idiot in their right mind would find other work, even if it is just darning socks from their wheelchair. or else if truly no work options they would just sign up for ssi now for max can get and spend tsp down to zero before they died. i don't think that scenario you present with only two options is very realistic. worried retirees do not think about only two hypothetical options, they think in units of cans of alpo, and take large purses to the buffet and steal ketchup packets and saltines.
Re: Maricar19 Account Talk
Another TSP Talker that I miss is StopLight..haven't seen him around
Re: Maricar19 Account Talk
He's around occasionally - mostly in the premium forums recently.
Re: Maricar19 Account Talk
There are a handful of folks I miss from the mid 2000's that had some great posts and insight.
Re: Maricar19 Account Talk
Quote:
Originally Posted by
Maricar19
Expenses at age 65 – Medicare B 2021 $148.50
Question for those experiencing the “65 syndrome” –
Did you get a Medicare Supplement to cover the gap or expenses not covered by Medicare A and B?
Did you get a Medicare Supplement outside of FEHB?
Is it correct to assume that with Medicare A and B and a Medicare Supplement, your "out of pocket" cost is manageable$$?
Anybody with experience re: Medicare and supplemental?
Re: Maricar19 Account Talk
Quote:
Originally Posted by
Maricar19
Anybody with experience re: Medicare and supplemental?
I use BCBS as a secondary to Medicare. They pay well, 99% of what Medicare will not pay. Of course I pay for the coverage, never payed anything.
Re: Maricar19 Account Talk
I retired last year due to covid with Social Security Part A , Part B, and FEHB Blue Cross Blue Shiels Standard plan. The HR specialist was very helpful guiding me and to date there have been out of pocket expenses, no copays, or other miscellaneous expenses of any kind having several office visits and a few tests at a medical center.
Pharmacy costs have been none to very manageable. Able to compare with others for same or similar prescription cost and I paid $5.00 for Rx as prescribed vs someone with UnitedHealthcare plan F prescription plan paid over $15.00 and received a generic.
Wish you the best!
Re: Maricar19 Account Talk
Quote:
Originally Posted by
nnuut
I use BCBS as a secondary to Medicare. They pay well, 99% of what Medicare will not pay. Of course I pay for the coverage, never payed anything.
Thanks nnuut. Just a little follow up- not meaning to be nosy-(ignore if you don't feel like answering) - Have you had major procedure?
I would like to find out from others, too, if they:
1. have Tricare for Life as a supplement to Medicare?
2. have FEHB and Tricare as supplement to Medicare?
Re: Maricar19 Account Talk
Quote:
Originally Posted by
Kdjs
I retired last year due to covid with Social Security Part A , Part B, and FEHB Blue Cross Blue Shield Standard plan. The HR specialist was very helpful guiding me and to date there have been out of pocket expenses, no copays, or other miscellaneous expenses of any kind having several office visits and a few tests at a medical center.
Thank you for taking the time to respond. It makes me feel more secure. Just a little follow up- not meaning to be nosy-(ignore if you don't feel like answering) - Have you had major procedure that required you to be hospitalized?
Re: Maricar19 Account Talk
Quote:
Originally Posted by
Maricar19
Thank you for taking the time to respond. It makes me feel more secure. Just a little follow up- not meaning to be nosy-(ignore if you don't feel like answering) - Have you had major procedure that required you to be hospitalized?
Like nnuut I have BCBS as secondary and Medicare Part A & B as primary. My wife has been going through chemo therapy since February and we haven't been billed for anything. The most expensive medication has been her Eliquis at $100 for a 3 month supply.
Re: Maricar19 Account Talk
Hey Maricar19
I have Tricare for Life as a supplement to Medicare parts A and B as well as my wife. She suffers from ALS and between Medicare and Tricare for Life have not incurred any additional bills we are responsible for. Everything has been paid in full (80% through Medicare and the remainder through Tricare for Life) In addition we both receive pharmacy, lab, x-rays and vision through a local military clinic near my home as part of our Tricare for Life benefits at no additional cost.
RF