Quote:
Originally Posted by Michael 61
What has me skittish about Advantage plans, are those who say “you’ll love it until you don’t”. Younger, healthier people absolutely love their advantage plans and all the “freebies” that come with it. I’m trying to make and educated decision, not just looking at the present, but 20 years from now when I’m in my 80s with the possibility of deteriorating health, illnesses, disease, etc. Would I want advantage or traditional Medicare at that point? Would I have to be concerned year-to-year that any of my medical providers could opt out of the insurance plan I’m currently on?
I’ve been under “managed care” most of my working life, and still am, since I’m not Medicare age yet. Having to get referrals for specialists has been difficult and trying at times (I don’t like it). Also, I have had diagnostic treatments and tests recommended by my doctor denied by my insurance carrier. I’m going to SHINE in 2025 to continue to do my homework on this important decision, so I am ready before turning 65. It’s important to not just look at the current condition of one’s health, but look 20-30 years into the future.
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That’s very wise. Especially since once you are locked into a plan it can be difficult to change. Especially if you develop a serious condition.
Don’t forget to check premium increases. Some increase with age, others don’t.