TUG MEMBERS: Joining TUG does not automatically register you as a user of the TUG Bulletin Board. You must register yourself.


*ads are disabled when logged in*
  1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.
  2. The TUGBBS forums are completely free and open to the public and exist as the absolute best place for owners to get help and advice about their timeshares for more than 24 years!

    Join tens of thousands of other owners just like you here to get any and all Timeshare questions answered!
    Dismiss Notice
  3. Sign up to get the TUG Newsletter for free! Join tens of thousands of other owners who get this every week! Latest resort reviews and the most important topics discussed by owners during the week!
    Dismiss Notice
  4. Follow the TUG Member Banner as it travels the world on vacation with Timeshare owners! Also sign up to get the banner sent to you so you can submit a photo of your vacation with the banner to share with TUG! Banner Thread
    Dismiss Notice
  5. Note that the "About the rest of TUG" and "About TUGBBS" forums have been moved further down the list under the lounge area. just in case anyone was wondering where they disappeared to!
    Dismiss Notice
  6. A few of the most common links here on the forums for newbies and guests!
    Dismiss Notice
  7. TUG started 24 years ago this month in 1993 as a group of owners on prodigy! Check out our happy birthday post here: Happy Birthday TUG!
    Dismiss Notice
  8. The TUG forums have been upgraded this evening to now utilize https as a more secure way to connect and browse the site (Especially for those logged in). please let us know if you experience any issues or errors while on the site so we can correct them! it is our hope that this is a completely seamless change/upgrade! Forum upgrade thread
    Dismiss Notice

Health Care Insurance

Discussion in 'TUG Lounge' started by bogey21, Aug 16, 2017.

  1. mpumilia

    mpumilia Tug Review Crew: Rookie TUG Member

    Joined:
    Jul 16, 2010
    Messages:
    4,775
    Likes Received:
    484
    Trophy Points:
    83
    Location:
    Pine Bush, New York
    Resorts Owned:
    Smugglers Notch Resort
    Innseason Pollard Brook
    Last edited: Nov 12, 2017
  2. ottawasquaw

    ottawasquaw TUG Member

    Joined:
    Mar 20, 2006
    Messages:
    213
    Likes Received:
    17
    Trophy Points:
    18
    Location:
    Tempe, AZ
    These are great suggestions if you are in need of an individual policy.
     
    mpumilia likes this.
  3. Sugarcubesea

    Sugarcubesea TUG Member

    Joined:
    Mar 9, 2014
    Messages:
    1,667
    Likes Received:
    166
    Trophy Points:
    63
    Resorts Owned:
    SDO, QH, & Pinestead Reef
    This is my biggest worry. I’m 56 and I work in the automotive industry and this is an industry that thinks your over the hill the day you turn 50. I’m so hoping that I make it at my company till I’m 65 so I can get Medicare. My financial planner tells me that to have to pay for insurance will take a huge chunk out of my retirement savings.
     
    mpumilia likes this.
  4. VacationForever

    VacationForever TUG Member

    Joined:
    Dec 5, 2010
    Messages:
    4,831
    Likes Received:
    556
    Trophy Points:
    113
    Location:
    Somewhere Out There
    I am quite certain that I can secure meaningful full-time employment if I want to. If Amazon were to pick our local city as their second HQ, I may reconsider going back to work. We average more than 100 days a year on vacation, i.e. travelling to somewhere else, timesharing, cruising, land touring, visiting friends and family amd not counting golfing locally when we are in town. To work full time means I will have to give up almost all travelling for pleasure. Healthcare insurance cost is certainly the white elephant in our room. My husband does not want me to work anymore and wants me to spend time doing activities and traveling together. I feel that I still have plenty of drive, good grey matter and many productive years in the work force. If I go back to work then maybe I will stop spending 10 hours a day on TUG. :ponder:
     
    Last edited: Nov 12, 2017
    mpumilia likes this.
  5. Patri

    Patri Tug Review Crew: Rookie TUG Member

    Joined:
    Jun 6, 2005
    Messages:
    3,919
    Likes Received:
    66
    Trophy Points:
    48
    mpumilia likes this.
  6. mpumilia

    mpumilia Tug Review Crew: Rookie TUG Member

    Joined:
    Jul 16, 2010
    Messages:
    4,775
    Likes Received:
    484
    Trophy Points:
    83
    Location:
    Pine Bush, New York
    Resorts Owned:
    Smugglers Notch Resort
    Innseason Pollard Brook

    Honestly, going back to work sounds depressing. Think long and hard about giving up your autonomy. The appeal vanishes quickly as the drudgery sets in. But I get it about the darn health insurance costs. It really stinks.

    For me, just knowing I have at least 4 more years of working full time makes me ill. My anxiety level each day is off the charts. Especially now with winter coming up. I fear something will happen to me because of the stress I feel about it and I won't make it. It's not the actual job, though I am tired of it, but the schedule day to day and the morning rushing around and having no time or energy for much else afterwards. Being accountable. Ugh!

    Never mind if I do make it will my husband and I be able to handle trying to sell the house and all it entails to relocate as we will be pushing 70 almost at that point. I feel I should be doing those things NOW- probably should have been doing them 10 years ago! But- alas- the harsh reality is I need to work and I need access to health insurance because my husband will retire before me. If I stop working now, or go part-time, how the heck will I be able to get a full time job with health insurance at age 64? It won't happen. So, though I get health insurance now through my husband, I need to keep working to have access to it for me for when he retires. I don't have the heart to ask him to keep working one more year past age 66 to age 67 for when I turn 65 and can get Medicare. He wants to retire badly also.

    Of course, who knows if I will still have this job then. You never know what could happen.

    So- I plan our vacations and enjoy our timeshares. Something to look forward to besides more work.
     
    Sugarcubesea and VacationForever like this.
  7. vacationhopeful

    vacationhopeful TUG Review Crew: Rookie TUG Member

    Joined:
    Sep 11, 2007
    Messages:
    11,833
    Likes Received:
    802
    Trophy Points:
    113
    Location:
    Northeast USA
    Resorts Owned:
    Ft Lauderdale Beach, Wyndham Santa Barbara, Wyndham Royal Vista, Wyndham Sea Gardens, Wyndham Shawnee (Poconos)
    Health Care is the WHITE ELEPHANT in many homes ... with people under 65 yo. I spent the last several years counting the MONTHS til I was Medicare qualified.

    As for Amazon, they are building a warehouse right now in Southern NJ ... near Paulsboro (on Mantua Grove Road) .. .a million plus square foot warehouse. This was a former Shell Plastic Plant closed for more than a decade. Off I-295 (by 1/4 mile) between the Commodore Barry and Walt Whitman bridges, and about 18 miles from the Delaware Memorial Bridge directly to I-95 going South along the Eastern USA. There is 2 big plots of land leftover ... would be a great location for the 2nd Headquarters to be built somewheres in the USA. PHL airport is less than 2 mile directly across the Delaware River ... 15-20 miles via either the Walt Whitman Bridge or the Commodore Barry Bridge to this airport ...say helicopter flight?

    "Quality of Life" is very good .... major city and airport (PHL), good schools, affordable (upscale) housing, developed road network and great dining. Philadelphia is the 5th largest metro area in USA ... 100 miles from either NYC or DC. Many universities and colleges within 20 miles ... U of Penn, Drexel U, Rutgers U, Rowan U, U of DE, West Chester U, Temple U, Jefferson Medical U plus several I don't recall right this minute. Less than 90 miles to the Atlantic Ocean beaches or 120 miles to the Poconos Mountains (with winter ski areas). Plus NY's day has the Philadelphia Mummers' Parade which Amazon could become a MAJOR sponsor. Plus all major professional sports franchises are located in the immediate area ... Chester has professional soccer and PHL for all other teams.
     
    mpumilia likes this.
  8. ottawasquaw

    ottawasquaw TUG Member

    Joined:
    Mar 20, 2006
    Messages:
    213
    Likes Received:
    17
    Trophy Points:
    18
    Location:
    Tempe, AZ
    So true! It drove me back into corporate America, but I am happy! I landed a job that is better than I ever dreamed. When individual policies were available at a reasonable price, I could afford to cobble together multiple income streams. I had more time to volunteer, ride my bike, lunch with my girlfriends and travel.
    Still, I am very grateful for the job I have now. When circumstances change, you've got to change with them.
     
    Sugarcubesea and mpumilia like this.
  9. Sugarcubesea

    Sugarcubesea TUG Member

    Joined:
    Mar 9, 2014
    Messages:
    1,667
    Likes Received:
    166
    Trophy Points:
    63
    Resorts Owned:
    SDO, QH, & Pinestead Reef
    I do understand, I’m so tired every day when I get home. I have decided that to try and put my place up for sale in 2018. I want to downsize now, so that I can move into a new place while I’m still working so that if anything needs to be done to the place I will have the cash fow to do it. I also want to invest in the bars in the bathroom and basically get the house all prepped for my old age before I need it. I hope my plan works, I just went to the funeral home today to pay my respects to a friend that was diagnosed 7 weeks ago with inoperable cancer. So I want to make every day count from now on.
     
    Last edited: Nov 12, 2017
    Tia and mpumilia like this.
  10. vacationhopeful

    vacationhopeful TUG Review Crew: Rookie TUG Member

    Joined:
    Sep 11, 2007
    Messages:
    11,833
    Likes Received:
    802
    Trophy Points:
    113
    Location:
    Northeast USA
    Resorts Owned:
    Ft Lauderdale Beach, Wyndham Santa Barbara, Wyndham Royal Vista, Wyndham Sea Gardens, Wyndham Shawnee (Poconos)
    While I agree with you ... I have a business which I run fulltime with physical assets not easily cashed out. I had my house up for sale for 6 months with a realtor who put a USED and SMALL sign out front of the 3.5 acre property. No offers, no active sales action and a OUTRIGHT to my face refusal to release me from the 6 month contract after 3 months of NO ACTION on her part.... I can NOT say ONE nice thing about HER ... and I had a track record with this agent and the office ... which her brother owns. AND she works fulltime in the office ... I don't have a clue as to what she does for 8-10 hours per day in that office.
     
    mpumilia likes this.
  11. sue1947

    sue1947 TUG Member

    Joined:
    Feb 23, 2009
    Messages:
    944
    Likes Received:
    115
    Trophy Points:
    43
    Location:
    Seattle
    Take a look at individual plans in your area to see if this is actually true. I made the same assumption based on 'conventional wisdom' and was hanging in with my job. A colleague was preparing for retirement and told me they found individual insurance that was cheaper than the group plan. That set me off to investigate and I found I could get individual insurance for $120/month. I took early retirement. Ten years later, my premiums went up each year to a high of $300/month last year but now down to $166 via ACA. It varies by area and circumstances, so look around to see what is available for you.

    Sue
     
    Sugarcubesea and mpumilia like this.
  12. VacationForever

    VacationForever TUG Member

    Joined:
    Dec 5, 2010
    Messages:
    4,831
    Likes Received:
    556
    Trophy Points:
    113
    Location:
    Somewhere Out There
    What sort of plan is this? Is it full medical or catastrophic insurance?
     
  13. sue1947

    sue1947 TUG Member

    Joined:
    Feb 23, 2009
    Messages:
    944
    Likes Received:
    115
    Trophy Points:
    43
    Location:
    Seattle
    Full medical bronze plan through the HMO I've been with for 30+ years. I benefited from the attempt to kill the ACA via eliminating the company subsidies which increased my personal subsidy by about $150.
    Plans vary greatly across the country and by personal circumstances but my point is to not accept the conventional wisdom and look at things for your specific situation.

    Sue
     
    mpumilia likes this.
  14. VacationForever

    VacationForever TUG Member

    Joined:
    Dec 5, 2010
    Messages:
    4,831
    Likes Received:
    556
    Trophy Points:
    113
    Location:
    Somewhere Out There
    Thanks. Unfortunately I have specialists who are on only PPO plans in the private individual market and a medicine that is not covered by HMOs on and off exchange.
     
  15. mpumilia

    mpumilia Tug Review Crew: Rookie TUG Member

    Joined:
    Jul 16, 2010
    Messages:
    4,775
    Likes Received:
    484
    Trophy Points:
    83
    Location:
    Pine Bush, New York
    Resorts Owned:
    Smugglers Notch Resort
    Innseason Pollard Brook

    Yes, that sounds like a good plan. If you can keep your job while making the move that is what I would do.

    Being we have to stay here in NY right now we did fix up our home in the past 5 years so it is more or less updated and we could basically live on the first floor if we have to-in case our home doesn't sell. We have a pull out couch downstairs. There is a bathroom downstairs also, though a wheel chair couldn't get through the doorway to it or the laundry area, and it is a bathtub/shower- not a shower stall like we have upstairs. And our 700 foot driveway is not a good thing as we age either, not to mention the seclusion. And we have no friends or family here.

    Meanwhile, yesterday I saw what seems like the perfect condo for us in New Hampshire in exactly the area I want to live in and it kills me that we can't go yet. I wish we could afford two homes right now, but I learned a lesson many years ago not to buy a home before you sell your present one, never mind years in advance.

    Good luck with your plan!
     
  16. mpumilia

    mpumilia Tug Review Crew: Rookie TUG Member

    Joined:
    Jul 16, 2010
    Messages:
    4,775
    Likes Received:
    484
    Trophy Points:
    83
    Location:
    Pine Bush, New York
    Resorts Owned:
    Smugglers Notch Resort
    Innseason Pollard Brook

    The first thing I am going to do when I retire is put the house up for sale on my own- on Craigs' list. And, if that doesn't work, I will use realestateagentsIcantrust.com. Essentially because I do not trust most real estate agents. Though I did have a great experience with a real estate duo I used for my parents home after they passed. But they are in another county.
     
  17. Talent312

    Talent312 Tug Review Crew: Rookie TUG Member

    Joined:
    Jul 4, 2007
    Messages:
    9,980
    Likes Received:
    464
    Trophy Points:
    83
    Location:
    North Florida
    Resorts Owned:
    HGVC x2 and Gatlinburg Town Square
    Retirement: I would never contemplate the idea of returning to work.
    Every day is Saturday. As seen on a t-shirt: "It's an endless weekend."

    Health Insurance: My policy is state employee group, unsubsidized for retirees.
    The premiums took the place of the home-mortgage that we paid off.
    The $$ goes to the insurance company instead of the bank (for a few more years).


    .
     
  18. geekette

    geekette Guest

    Joined:
    Jun 6, 2005
    Messages:
    6,404
    Likes Received:
    151
    Trophy Points:
    63
    Have you asked these specialists what True Self Pay would cost per visit or treatment? Sometimes, cash is the best deal/ The med, check with mfg. My mother has some crazy expensive meds and has been able to negotiate with drug company to pay what she can afford.

    Everything is negotiable, right up until the other party says it is their bottom line.

    Just this fall I got a dx that now puts me into pre-existing condition stats so I kind of hope concierge medicine catches on as I feel that might be best way for me to navigate from 60 to Medicare. Or maybe I linger in a lesser pt role with same employer at the point I don't want the career job; I'd work PT in the cafeteria happily if it preserved my med ins.
     
    mpumilia likes this.
  19. VacationForever

    VacationForever TUG Member

    Joined:
    Dec 5, 2010
    Messages:
    4,831
    Likes Received:
    556
    Trophy Points:
    113
    Location:
    Somewhere Out There
    My issue is a bit more complicated, other than an existing specialist and a medicine that I must have, there is another specialist whom my PCP wanted me to see who does not take any of the exchange plans. It is a long story, but that procedure with a different specialist in the same field whom I saw this year, cost a negotiated rate of $3K with Anthem BCBS. Since I must have this procedure done (again) for next year, buying a PPO plan for next year is the right choice for me.
     
  20. bogey21

    bogey21 TUG Member

    Joined:
    Jun 8, 2005
    Messages:
    5,455
    Likes Received:
    162
    Trophy Points:
    63
    Location:
    Fort Worth, Texas
    Good Decision. HMO's are great cost wise but if you want (or need) maximum flexibility regarding hospitals and doctors a PPO is your friend.

    George
     
    mpumilia likes this.
  21. JohnPaul

    JohnPaul TUG Member

    Joined:
    Apr 28, 2011
    Messages:
    423
    Likes Received:
    66
    Trophy Points:
    28
    Location:
    Sacramento, CA
    Resorts Owned:
    Vacation Internationale, HGVC - NYC, Worldmark, Shell Vacations, Sedona Pines, RCI Points, Starwood (Avon, CO)
    Yes, I am anxiously awaiting when I turn 65 in a little over two years. The good news/bad news is that my retirement income is enough that I don't qualify for any subsidies. I'm also fortunate to live in California where there is a strong individual marketplace.

    Even so, last year I had a gold plan for $1305 a month. For 2018 it would be around $1500. Luckily my health is pretty good so for 2018 and probably 2019 I went with Kaiser (HMO) with a bronze plan. I pay $899 a month and it doesn't really pay for anything until I've incurred about $6000 in costs. However, by changing plans from my existing I'm saving $600 a month ($7200 for the year) so even if I have to pay the full deductible/max out of pocket I'll be ahead.
     
  22. mpumilia

    mpumilia Tug Review Crew: Rookie TUG Member

    Joined:
    Jul 16, 2010
    Messages:
    4,775
    Likes Received:
    484
    Trophy Points:
    83
    Location:
    Pine Bush, New York
    Resorts Owned:
    Smugglers Notch Resort
    Innseason Pollard Brook

    Wow. Those numbers would make me vomit.
     
  23. geekette

    geekette Guest

    Joined:
    Jun 6, 2005
    Messages:
    6,404
    Likes Received:
    151
    Trophy Points:
    63
    Always more complicated, isn't it? Knowing your own situation well is your own best insurance in getting the best insurance for your own situation. Good going, homework is almost always worth doing!
     
    VacationForever likes this.
  24. Panina

    Panina TUG Review Crew: Veteran TUG Member

    Joined:
    Jul 13, 2015
    Messages:
    694
    Likes Received:
    347
    Trophy Points:
    63
    Location:
    South Carolina
    Resorts Owned:
    Hgvc McAplin & Eagles Nest, Sunrise Bay, Hideaway Sands, Voyager, Gulf Tides, Jade Tree Cove, Cold Springs, Banyan
    Unfortunately that is the reality for many people. It's like a rent or mortgage, the highest bill for many and sadly not the best coverage.
     
    mpumilia likes this.
  25. Sugarcubesea

    Sugarcubesea TUG Member

    Joined:
    Mar 9, 2014
    Messages:
    1,667
    Likes Received:
    166
    Trophy Points:
    63
    Resorts Owned:
    SDO, QH, & Pinestead Reef
    duplicate post, deleated
     
  26. Sugarcubesea

    Sugarcubesea TUG Member

    Joined:
    Mar 9, 2014
    Messages:
    1,667
    Likes Received:
    166
    Trophy Points:
    63
    Resorts Owned:
    SDO, QH, & Pinestead Reef
    Sue,

    I will look again at the cost of insurance when I reach 62, as I currently have 2 in college and I'm trying to help them both out a small bit. Thanks, hopefully I can retire sooner than 66
     
    mpumilia likes this.

Share This Page