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Brown Cafe UPS Forum
UPS Retirement Topics
$250,000 Teamcare Plan Benefit Annual Limit?
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<blockquote data-quote="ImaSoulMan" data-source="post: 5271240" data-attributes="member: 99569"><p>Thanks red headed stranger! That was at least a nickels worth of advice.<img class="smilie smilie--emoji" loading="lazy" alt="🙂" title="Slightly smiling face :slight_smile:" src="https://cdn.jsdelivr.net/joypixels/assets/6.6/png/unicode/64/1f642.png" data-shortname=":slight_smile:" /></p><p></p><p>I am very concerned about that catastrophic event that can damage me financially. The restriction of $250,000 is just not going to cut it and I will probably just shop the ACA market place. From what I am researching and learning is this plan with its yearly limits is very primitive since ACA has been established. I never felt the need to look into ACA since I felt that the retiree plan would suffice. Now that I'm getting closer to retirement I am realizing that it's a risky proposition. </p><p></p><p>I will mull over your proposition of switching coverage if I saw a problem arising. Sounds good on paper but could be tricky to implement but it was an idea that I never thought of.</p><p></p><p>I'm beginning to accept the fact that the purpose of insurance is to keep you from getting wiped out if a catastrophe happens and this retirement plan is to risky for a early retiree like me.</p><p></p><p>Thanks again.</p></blockquote><p></p>
[QUOTE="ImaSoulMan, post: 5271240, member: 99569"] Thanks red headed stranger! That was at least a nickels worth of advice.🙂 I am very concerned about that catastrophic event that can damage me financially. The restriction of $250,000 is just not going to cut it and I will probably just shop the ACA market place. From what I am researching and learning is this plan with its yearly limits is very primitive since ACA has been established. I never felt the need to look into ACA since I felt that the retiree plan would suffice. Now that I'm getting closer to retirement I am realizing that it's a risky proposition. I will mull over your proposition of switching coverage if I saw a problem arising. Sounds good on paper but could be tricky to implement but it was an idea that I never thought of. I'm beginning to accept the fact that the purpose of insurance is to keep you from getting wiped out if a catastrophe happens and this retirement plan is to risky for a early retiree like me. Thanks again. [/QUOTE]
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$250,000 Teamcare Plan Benefit Annual Limit?
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