Forbidden subject for employers.
Nobody at Work is Allowed to Talk
I’m not allowed to present this idea to employers.
Employers are not allowed to present it to employees.
However, I can present it to you!
If you or someone you know is 65+ and on a group health plan, we need to talk. Group insurance can be 4x the cost of going on Medicare – let me show you how full Medicare coverage with 100% hospitalization coverage plus no network limitations stacks up.
You’ll be doing yourself and your employer a favor. With PPACA (Obamacare) came new pricing for those over 65. Now, at 65+ an enormous amount of money is being spent for your health insurance between you and your employer – when better Medicare coverage is available to you at a fraction of that cost. However, you have to make the first move, your employer is forbidden from presenting this to you. It’s important to note that many employers have done this for themselves.
For those 65+ on a group, many find moving to Medicare with its BETTER benefits is great deal – particularly for spouses.
Consider moving two months before your birthday, before a major health expense, or as you lessen your hours at work.
Going onto Medicare at ~$300 per month with $240 annual deductible and Rx Copays is a great deal.
— Call and we can review the following and your situation. —
All you need to do is determine you and your spouse’s individual group health costs – you’ll realize that a spouse’s portion often ranges from most to all of the couple’s payroll cost.
* If the cost for the either the insured’s or spouse’s health coverage is over $200 consider Medicare for that person now.
* If you’re paying less than $250, compare your group coverage’s total out-of-pocket vs Medicare’s rich benefits.
* If the either the insured or spouse is unhealthy or planning major treatment consider Medicare now.
* Two or three months before you & your spouse’s birthdays, it’s time to evaluate and reconsider Medicare.
Here’s my reasoning:
Medicare costs a total of about $300 per person in monthly premiums. (For those with incomes over $103,000 if single (or couple under $206,000), click here to see higher income premium adjustments.)
- Part A FREE (generally no cost)
- Part B $174.70/mo. (subject to income-based premium adjustments)
- Part D plans for prescriptions start at $0/mo. (subject to income-based premium adjustments)
- Supplements to A & B (Medigap coverage) start under $100.
Beyond these premiums, you are responsible for Medicare’s single annual $240 doctor deductible and prescription copays, etc. as defined by your Part D plan, some may also pay doctor and ER copays.