Hello,
Sorry for the length of this post but I think that adding specifics helps to make this a meaningful question.
I’m retiring soon and am trying to decide between Medigap AARP United Health Plan N and Advantage AARP United Health Patriot PPO. My wife (already retired and on my work BCBS) and I live in Oregon and are both in pretty good shape. I am on a statin for slightly high cholesterol and my wife takes no medication.
From what I read and understand, the comparable highpoints of each plan are:
Medigap AARP United Health Plan N:
Not taking into account cost increases, etc., if we project living to the ripe old age of 90 (24 years on Medicare) then we will have paid out to Medicare and dental/vision approximately 99K.
For comparison of Advantage: Between the two of us if we had spent 2000 per year for 24 years = 48,000. If we had hit the max OOP limit 10 times we would be approximately even
I’m inclined towards Medigap, but it really doesn't seem like a slam dunk win.
I’d appreciate any comments on whether I am missing something and on how much money medical costs can be.
Thanks,
Sorry for the length of this post but I think that adding specifics helps to make this a meaningful question.
I’m retiring soon and am trying to decide between Medigap AARP United Health Plan N and Advantage AARP United Health Patriot PPO. My wife (already retired and on my work BCBS) and I live in Oregon and are both in pretty good shape. I am on a statin for slightly high cholesterol and my wife takes no medication.
From what I read and understand, the comparable highpoints of each plan are:
Medigap AARP United Health Plan N:
- Premium yearly total for wife and I: 3144 (excludes vision/dental)
- Bullet proof approval of medical costs.
- Any Medicare doctors.
- Separate cost guestimate for both of us for vision:26/m, dental: 60/m
- Premium yearly total for wife and I: 0 dollars
- Not bullet-proof approval of medical costs.
- Can go to in network or any Medicare doctor (extra fees)
- Primary copay: In:0 / Out 25
- Specialist copay: In:45 / Out 65
- No specialist referral
- Includes dentist (comprehensive), vision, hearing
- Max out of pocket: In: 5600/Out+In:10000 (OOP)
- Chemo 20% copay/Radiation 60 dollars per. (all in network)
Not taking into account cost increases, etc., if we project living to the ripe old age of 90 (24 years on Medicare) then we will have paid out to Medicare and dental/vision approximately 99K.
For comparison of Advantage: Between the two of us if we had spent 2000 per year for 24 years = 48,000. If we had hit the max OOP limit 10 times we would be approximately even
I’m inclined towards Medigap, but it really doesn't seem like a slam dunk win.
I’d appreciate any comments on whether I am missing something and on how much money medical costs can be.
Thanks,