IESucks
Well-Known Member
I got all my answers by calling retirement dept, emailing them, and talking to insurance compOk, another question. Once retiring, I will have the privilege of paying $300 per month for health insurance, plus a $400 annual deductible after which insurance pays at an 80/20 split until $1000 out of pocket is reached. Then it's at 100%. So my math says retiree insurance costs 5k a year.
This insurance takes a 2nd position behind Medicare at 65.
The question.....will I still be paying 5k yearly for this back up insurance at 65?
Medicare costs a similar amount. It's not free.