Quote:
Originally Posted by janmcn
First of all the Affordable Care Act doesn't take effect until 2014, so any increase you see in your health care is the result of your insurance company raising rates and has nothing to do with the ACA. The only aspects of the law that are in effect are the provision that young people under the age of 26 can stay on their parent's insurance plan; and the part that says your insurance company must spend 80% of their proceeds on healthcare and not on CEO pay and other operating costs or refund the difference to customers. That's why many people will be receiving a check in August.
Secondly, there is no charge for anyone to recieve Part A of Medicare. If you elect to participate in Part B, the cost is $99.60 per month. So for less than $100 per month you can have full coverage of Medicare Parts A and B. I'm just guessing that is probably less than what you pay now for private insurance.
If you lived in Florida full time, you could join a Medicare Advantage Plan which would cost you zero, not even the $99.60 per month, and would also pay for prescriptions, eye glasses, dental and health clubs. You can't get any cheaper than free.
|
i hope you're right, janmcn - but i doubt it
1] can't become a fl resident
2] have current ins thru employer self-insured plan with an admin services contract with reg ins provider - mthly premium is way under $100 for h/w covg; medicare estimate for single covg is $114/mo i believe. do ya think/know if self-insured employer plans will be offering checks in august? do ya know how i would find out?
3] cost for prescriptions increases under the prescriptio plan i hafta pick up - but cheaper than medicare plan d i think.
4] wonder if nj has a medicare advantage program - will hafta search.
5] personal ins cost and cost of prescriptions both increased in 2010 and again in 2011; haven't gotten a notice re 2012 yet - new budget year kicked on 7/1 - hoping i don't get that notice from div of pensions/benefits!
6] somehow i fear that the tax on investments and sale of a house is among the collateral damage to be feared.