| To: John Koligman who wrote (115180) | 8/20/2021 4:21:30 PM | | From: Rarebird | | | | My supplemental Plan G plan with Aetna costs me $143 a month. The problem with these plans are that there are 8-10% rate increases per year. I was with Cigna Plan G for 3 years and switched out to Aetna Plan to save $50 per month. Same benefits for both. So, in a way, it is like trading.
What I don't like about the Medicare advantage plans is that G-d forbid you get unexpectedly sick and are out of your home area, you better be careful what hospital or doctor you see because if it is not in network, you will get charged a fortune.
If you plan on staying put in your home area, then medicare advantage is worth it if your network is composed of top doctors and hospitals.
I understand in cases of emergency the extra fees are waived. But that can be a debatable point outside of sudden heart attacks and epileptic seizures. |
| | Gold Price Monitor | Stock Discussion ForumsShare | RecommendKeepReplyMark as Last ReadRead Replies (1) |
|
| To: Kirk © who wrote (115181) | 8/20/2021 4:31:16 PM | | From: Rarebird | | | | The Dental insurance I have in my Plan G supplemental Plan is basic and does not include periodontal cleanings, which I need and have seperate insurance for.
As for gym memberships, that is a bit overrated as it only costs $10 a month for a good gym membership in Las Vegas. I had that gym membership with Cigna Plan G for $25 a year. But Aetna and the other providers dropped that this year ( and some the year before).
You make a good case for being on a Medicare Advantage plan. But just make sure you stay put in your local network and don't get sick if you are travelling outside your local network. If you do, you will be charged a small fortune, outside of what is considered an emergency. |
| | Gold Price Monitor | Stock Discussion ForumsShare | RecommendKeepReplyMark as Last Read |
|
| From: Rarebird | 8/20/2021 4:40:54 PM | | | | | | GDXJ with a close below $40 for the week. I expect more follow through to the downside next week, with an initial strong bounce at the 200-SMA.
Gold miners are good for a huge 7 month rally every 4 years. Otherwise, they are a short sellers dream, as close to a sell and hold as you get.
Interesting that the Gold bugs still dream about the Miners rallying while the broad market tanks. That happens after the Fed stops tightening and the first of a long series of rate cuts is anticipated.
MSFT and AAPL are the real safe havens today, not the Gold Miners
|
| | Gold Price Monitor | Stock Discussion ForumsShare | RecommendKeepReplyMark as Last Read |
|
| To: Rarebird who wrote (115184) | 8/20/2021 6:05:10 PM | | From: John Koligman | | | | As with most of American healthcare, Medicare is probably more complex than it needs to be, and I often wonder how many folks really know their exposure and the potential 'gotchas' in the system. That said, the monthly cost for a supplemental around here would have been close to $400/month for my wife and I, so I figure we are saving around $4500 on those, throw in $600 a year for glasses that we both need, a grand or so for dental, and $600 for a nice gym membership and I figure we are ahead almost 7k a year. Last year due to Covid we really didn't go to the doctor much at all, this year the savings will be a bit less as we have been going, although the costs are really low. I had a bunch of expensive tests and co pays were $25 each. I don't think emergency care is a problem, the plans will cover it outside your area if needed. If you live in multiple places regular medicare would generally be the ticket, I have not looked into the possibility that some Advantage plans may cover more one locale. The one biggie people need to be aware of is that it is easy to switch from regular medicare to an Advantage plan, but after the first year it may not be so easy to switch back depending on where you live, as you may be subject to medical underwriting when buying a supplemental.
One thing that was 'music to my ears' is that my plan does not allow 'balance billing', that may also be the case for all medicare, I am not sure. I see that Congress has finally gotten around to fixing that glaring hole in our medical system. It's disheartening that one could do as much homework as possible, go in for a procedure, and face large surprise bill anyway because the hospital uses an out of network doctor on the team performing the operation. Anesthesiology is the specialty that seems to pop up most often in these cases. |
| | Gold Price Monitor | Stock Discussion ForumsShare | RecommendKeepReplyMark as Last Read |
|
| From: The Barracuda™ | 9/10/2021 11:23:37 PM | | | | | | Biden's recent executive order regarding vaccines is, IMO, a reason why the TX gold depository is where one should store their gold/silver/other PM.
Why?
Because, if in the future, another govt bureaucrat decides that your gold is not really your gold, the private vaults will say "yes sir". However, a state government vault, holding your property, will have the protection of being a sovereign states facility .
That means that the states police power and its access to the federal courts will most likely be defending your property from theft by the bureaucrat. |
| | Gold Price Monitor | Stock Discussion ForumsShare | RecommendKeepReplyMark as Last Read |
|
| |
