- Joined
- Jul 16, 2010
- Messages
- 11,314
- Reaction score
- 7,569
- Location
- The Weirs, New Hampshire
- Resorts Owned
- Innseason Pollard Brook
My 80 year old friend called me and said she was thinking of dropping her and her husband's supplemental insurance because even with all their medical expenses this year, the insurance company did not pay anything because of their high deductible, which is $3000 each. She wanted to know what I thought and, of course, I do not have enough details to give her any advice.I assume she will be discussing this also with her daughter, whom they will be moving in with shortly.
She said that even with her two cataract surgeries and her husband's bone/blood cancer treatments, emergency room and his hernia surgery this year, she added everything up and she still did not meet the deductible because Medicare picked up everything 80/20 and her premiums for the 2 supplemental policies don't make it worth it.
Her husband gets his meds from the VA. She is only on one or two meds. She did say that perhaps in the future she might need a prescription plan as she ages and could be on more meds. Right now she is a very youngish 80 year old. Up until his blood/bone cancer, so was her husband.
Could this also be a new trend with people having to pay higher and higher deductibles to supplement their Medicare policies? That people simply won't buy them? I have yet to start researching/learning about Medicare.
She said that even with her two cataract surgeries and her husband's bone/blood cancer treatments, emergency room and his hernia surgery this year, she added everything up and she still did not meet the deductible because Medicare picked up everything 80/20 and her premiums for the 2 supplemental policies don't make it worth it.
Her husband gets his meds from the VA. She is only on one or two meds. She did say that perhaps in the future she might need a prescription plan as she ages and could be on more meds. Right now she is a very youngish 80 year old. Up until his blood/bone cancer, so was her husband.
Could this also be a new trend with people having to pay higher and higher deductibles to supplement their Medicare policies? That people simply won't buy them? I have yet to start researching/learning about Medicare.