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UPS Retirement Topics
About to hit Medicare..does our insurance as retirees stink?
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<blockquote data-quote="retiredTxfeeder" data-source="post: 1936209" data-attributes="member: 52978"><p>O&G, I got a letter from SS in the summer telling me I would go into medicare coverage on Oct.1. It kind of suprised me because of my age (60) I wasn't aware that once you go onto SSI disability, after 2 years pass, you automatically are covered by medicare. Just after Oct 1, I called medicare to verify coverage since I hadn't received my card in the mail. They verified that I was covered by part A, and part B, which costs me $104.90/mo. and that was deducted from my SSI disability benefits. I have until Dec 6th or 7th to opt for gap coverage, any of the supplements available, but they cost, I do believe. Luckily for me, I'm covered under my wife's insurance. She still works and has been carrying me on her insurance for years, at additional cost. Her insurance is my secondary coverage as well as dental, vision and Rx. Basically I went from $200.00/month for my teamcare coverage to $104.90/month. From what I can tell so far, I'm covered better now than when I had teamcare. BTW, I'm still paying TC $200.00/mo for my wife to be her secondary to pick up whatever her ins. doesn't pay. Hope this helps.</p></blockquote><p></p>
[QUOTE="retiredTxfeeder, post: 1936209, member: 52978"] O&G, I got a letter from SS in the summer telling me I would go into medicare coverage on Oct.1. It kind of suprised me because of my age (60) I wasn't aware that once you go onto SSI disability, after 2 years pass, you automatically are covered by medicare. Just after Oct 1, I called medicare to verify coverage since I hadn't received my card in the mail. They verified that I was covered by part A, and part B, which costs me $104.90/mo. and that was deducted from my SSI disability benefits. I have until Dec 6th or 7th to opt for gap coverage, any of the supplements available, but they cost, I do believe. Luckily for me, I'm covered under my wife's insurance. She still works and has been carrying me on her insurance for years, at additional cost. Her insurance is my secondary coverage as well as dental, vision and Rx. Basically I went from $200.00/month for my teamcare coverage to $104.90/month. From what I can tell so far, I'm covered better now than when I had teamcare. BTW, I'm still paying TC $200.00/mo for my wife to be her secondary to pick up whatever her ins. doesn't pay. Hope this helps. [/QUOTE]
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About to hit Medicare..does our insurance as retirees stink?
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