BillyV001 wrote: ↑
Mon Dec 02, 2019 6:49 pm
For me, this post sums up the biggest problem picking a path forward. What dp lays out, at least for me (and I gotta believe most folks outside the medical profession), is unknowable...even if one assumes the worst going forward (cancer as dp mentions), how the heck can you pick a plan....So dp, are you saying, at least in the case you outline, that an MA plan is the best choice? If that what you've done?
Er, if I am "dp", then I guess my post wasn't very clear. Sorry for that.
No, am not saying that an MA plan is the best choice. Just the opposite. 1) IF
you live in one of the states (most of them) where buying a Medigap plan after the open enrollment period has passed will entail underwriting; and 2) IF
you can afford the premiums for Medigap plan, and 3) IF
you believe the the main purpose of an insurance product is to protect your assets in the event the very worst happens (very worst being advanced stage of one of the serious cancers)
If this profile fits you - Medigap, not a MA plan - will suit you better, IMO. I bought Plan F when first going on Medicare, and have never looked back.
FWIW - Some advise that family history should be considered when weighing odds of future health. Nothing wrong with that, a good suggestion. But don't count on it as a sure bet. For me, no incidents of cancer, parents, grandparents on both sides, lived to ripe old ages. Strokes got the ones who didn't make it into their nineties. Not cancer.