Quote:
Originally Posted by Avista
A few years ago we had a Medicare Supplement and had to pay another monthly fee for our RX insurance. We then changed the the Villages advantage plan. We've been quite pleased. This is what we did: Each month we put away the money we would have paid for the supplement and RX insurance. Then, as the need came up for co-pays, the money is taken from this fund. This has worked out quite well. We now have a fair amount of money in our "fund"
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Which means you had less than about $2500 each in copays, so you essentially self insured for about $2000 each and were winners. Good for you. At the same time, any couple that had $4400 each in co-pays has a negative balance of $3800/ year in their "fund". It all comes down to what works best for an individual