Home
Forums
New posts
Search forums
What's new
New posts
Latest activity
Members
Current visitors
Log in
Register
What's new
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
Brown Cafe UPS Forum
UPS Retirement Topics
$250,000 Teamcare Plan Benefit Annual Limit?
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
<blockquote data-quote="Red Headed Stranger" data-source="post: 5271076" data-attributes="member: 90351"><p>I'm not really well-versed on the subject, but I'll give you my two-cents for what it is worth. The $250,000 limit would be what they pay out for benefits. Obviously, the contracted rate for doctor's visits, surgeries, etc. is well below the actual amount billed (example: recent lab work where we used Quest, lab charges billed were $314.58, plan paid $26.04, we owed provider zero.) Yes, it is a roll of the dice, but you should be able to switch to a marketplace plan (worst-case scenario) if you end up getting close to maxing out the $250,000 limit. You will need to monitor your medical expenses closely though. Marketplace enrollment is open every November for the upcoming year. I think if your coverage is ending (due to maxing out benefits), that might qualify for a "special-enrollment period" due to medical coverage ending. I retired at 55 years old from an office job, but because of outrageous health care premium costs, ended up going back to work (part-time UPS/self-employed job as well).</p></blockquote><p></p>
[QUOTE="Red Headed Stranger, post: 5271076, member: 90351"] I'm not really well-versed on the subject, but I'll give you my two-cents for what it is worth. The $250,000 limit would be what they pay out for benefits. Obviously, the contracted rate for doctor's visits, surgeries, etc. is well below the actual amount billed (example: recent lab work where we used Quest, lab charges billed were $314.58, plan paid $26.04, we owed provider zero.) Yes, it is a roll of the dice, but you should be able to switch to a marketplace plan (worst-case scenario) if you end up getting close to maxing out the $250,000 limit. You will need to monitor your medical expenses closely though. Marketplace enrollment is open every November for the upcoming year. I think if your coverage is ending (due to maxing out benefits), that might qualify for a "special-enrollment period" due to medical coverage ending. I retired at 55 years old from an office job, but because of outrageous health care premium costs, ended up going back to work (part-time UPS/self-employed job as well). [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
Brown Cafe UPS Forum
UPS Retirement Topics
$250,000 Teamcare Plan Benefit Annual Limit?
Top