I am 62 and plan on semi retiring until I fully retire at 65. My main concern is what is available to purchase for health insurance until I reach 65. What do you use for health insurance plans if the company that you work for does not supply it?

Have a wife still working.
or
Call insurance broker, freak out over cost.
then
Give all your chit away and get on the gravy train like half the country.

Obamacare... remember... gonna be cheap, available everywhere..... if you like your doctor, keep your doctor.... what a fiasco.

Dunno, but better find out before you pull the plug. You might find out it's better to keep working lest all your semi-retired pay goes for insurance. If you're healthy, look into a HSA.

https://www.mayoclinic.org/healthy-...pth/health-savings-accounts/art-20044058

Also, if you're planning on drawing your SS now, there's a limit on your earned income before you reach your full retirement age, which might be 67 or even more.

I lost my policy after this circle jerk happened. What a lying ass hole he was/is. Was in same situation, retired pre 65 and had to buy insurance. Don’t recall the cost, but it was a lot, north of $1200 a month and that was seven years ago. I think what’s available varies by state. Better shop around and see what’s available.

Funny thing about that only people on it that liked it hadn't used it.

Investigate COBRA benefit from employer. Might get you one year but you have to pay premiums. Dale06 is correct about monthly cost of over $1000 otherwise.

We were paying $1300 a month, Medicare sure helps. I don't think I'm sponging off the government, I payed 1500 in taxes when I was fifteen years old.

Good luck with it.

I’m 53, I could retire if I could afford insurance. I need buy a duplex and rent it for enough cash flow just to pay for health insurance.

Health insurance was never an issue when I retired as we have that dreaded social health care.

Cobra will be cheaper and let you continue you old insurance for a year.

After that if you are eligible for pension type retirement you might be able to buy into your companies insurance plan.

Past that you will have to go buy it yourself.

I "semi-retired" at age 58 until full retirement at age 66. Spent 8 years of "semi retirement" working 40 hours a week as a contractor reading gas & electric meters. Money wasn't great but It kept insurance on the wife & me. Good outdoor work with lots of walking also pays off health wise. Even with earning less money it was still better than buying health insurance and it kept me in good shape and was a pretty low stress deal all around. A gig like that is good if you can swing it physically. Lots of older folks pay money to exercise. For 8 years my employer paid me to exercise and I had health insurance, too.

Insurance is the #1 reason to keep working until 65. It's so danged expensive at that age. We had to cough up for my wife for 3 years.

Come up with a feigned disability, get on soc security earlier and apply for medicare before 65



I know a guy at my church get soc security “because he falls asleep” calls it chronic fatigue syndrome.
He doesn’t fall asleep launching his bass boat all by himself and fishing 3 to 4 days a week.
He also doesnt fall asleep mowing the church and weed whacking the cemetery, that pays him $400 a month.

38-40 years old; living the dream

+1

There was a scam going around. Some doc was said to be easy on getting you the paperwork necessary for claiming full disability. All you had to do was go in and claim you'd been having thoughts of suicide. $600/month for life. There was only one catch as some folks found out: When you went to buy your next firearm, you'd be rejected. Somebody had forwarded your name to the BATF. That boiled a lot of guys' bunnies.

Me? KYHillChick and I tried to get on Obamacare in late 2016. The first month's premium was north of $5K. Luckily this was just to tide us over until my new employer's healthcare plan kicked in. I only was on it for 2 months.

my catastrophic health care plan is a 357

+10 you gotta know right where you are at before you pull the plug. Everyone here has made valid points. I retired at 65 and 2 months my full retirement age was 66 2 months so took a 1 year deduct from SS to retire early. Like every other single guy in the country that isn't rich you simply can 't go till 65 and can get your Medicare that you have paid for all your working life. You still have to pay for part B, G, D to be covered as good as you need. At the point 3 months in advance of your 65 th b-day you sign up for part A after that depending on your exit date you choose and sign up for the others. The only thing I would advise on the "G" supplement is you will have every dick insurance agent in the country trying to bend you over. All the "G" plans are the SAME but what you pay is different. You have to look at what they do to your premiums as you get to 75-80 some are cheap now and the get damn expensive later. Some cost a little more now and do not double later. Some of you guys can still hear birds sing, I can't hear [bleep]. Last thing in the world I need is to try to listen to some high pitched insurance bimbo with a foreign accent on the telephone who speaks at 500 words a minute and gusts to a 1000. Which is exactly why I paid 25 bucks more a month to buy blue cross/blue shield from my local agent where I get my vehicle and homeowners ins. So I can sit right there across the desk and talk to my agent to her face and not have to struggle to communicate my needs and get answers to my questions that I can hear and understand. Cost me right at 330 bucks a month $4000 a year for just me. Go to some retirement seminars and take someone with if you can't hear see where you are at. MB

You should try Medi-share- Phone is 866-963-9572. It is a
Christian health care plan and the prices are certainly right.

What's a "Christian health care plan"? Do you have to tithe back to them?

Yes, thats it. You got it.

Christian Healthcare Ministries

Also if the insurance you go with has a high deductible get a Health Savings Account.

Who DaFugg can live on 600 a month? Damn people are stupid.

andrews1958,

By saying you are semi-retiring just what does that mean? Are you leaving the company you are working at now and getting a part time job, or are you going to work part time for the company you are at now? Do you have insurance with the company? If you do and leave the employment of the company you should qualify for COBRA for 18 months, although this timeframe varies state to state.

I retired at 63 and the cheapest I could get with full benefits was the COBRA. It got me close to medicare age but I had to get a policy to carry me another 6 months or so and was able to find a High Deductible/High Risk policy I could afford for that 6 months or so.

That plus what you can make on cash-only jobs is a living if you're in one of the poorer counties. What I saw when I was traveling down there often was that folks would band together and call themselves a family, and spool their checks. Doing so opened themselves up for other forms of welfare. My best friend down there had "wife," a "daughter" and a "grandson." I didn't know until he died that none of them were actually related to each other. Within a month or so of his passing, they just melted away, leaving Fingerhut wondering. My buddy died of brain cancer that lasted 2 years and never paid a dime in healthcare. This ain't stupidity by any stretch.

I was grousing to Buddy Joe one day about not being able to find a job. His reply, "You're a smart man. Your problem is that you haven't learned how to get your check. "

I am glad your buddy suffered immensely

That has to be the single worst thing I've seen posted on here in nearly 20 years. As a matter of fact, I watched Buddy Joe die myself along with 70 other of his friends and family. I was at the death watch. I arrived at 1 PM and Joe was still cogent. He begged me to shoot him and put him out of his misery. One of the things I reget in this life is not helping him out. I had wife and a family and folks dependind on me or I would have.

This is something no civilized human wishes on the other.

You're going on ignore, but I thought you needed to read this before I did.

Utterly reprehensible statement.

I'm in PM contact with a fellow camper who is right now going through this with his father. I'm praying he doesn't see this. If this dickweed had any humanity, he'd delete that post.

Theses plans can be a real benefit and I can vouch for Liberty Healthshare. The monthly cost is far less than regular insurance but the expectation is that you are not a smoker and work to maintain a healthy body. You need to actively manage the bills and help look for lower cost items when it comes to prescriptions etc. you need to remember that others are helping pay your bills as you are helping them. Medical providers will treat you as a self pay or private insurance. Major bills will take some time to resolve as the large insurance providers don’t like cost share groups and a HC providers won’t give you the same rate as BCBS.... Liberty has a advocate group the negotiates disputed costs and my experience has been that everything gets resolved but it takes time. Some times you get a collections call but they always get resolved. If you need an MRI on something, go to an independent imager pay cash, submit and get most if not all back. Example head scan at hospital outpatient can be 4K, independent or one outside a metro area can be $600 paid on the spot. Of course if it’s an emergency then you take it as it comes.

I ran numbers for insurance and you’re 20k into it before you get a benefit. Health share runs $400/mo with 2k deductible per year. They have been there for me and my wife having experienced eye surgeries and stage 4 cancer treatments.

What runs HC costs up is the corporate plans that allowed everyone to go to the doc anytime and not care about the costs, Then the providers are having to also provide low rates for Medicare and they take it from the corporate plans. Little guys as in self employed etc... get squeezed. O Care tried to level the field in a f’d up way and allowed insurers to stick it to self employed unless you got a subsidy or vote buying gift....

Pre O care BCBS major medical was $136/mo with 5k deductible. Same policy after O care, $900/mo with a 10k deductible. Or go gold and pay $2,300/mo with no deductible. Do the math = same screwing....if trump didn’t help blow up Ocare, those of you with great corporate plans were going to get your employers portion of your healthcare premium tacked on to your W2 income because “it’s noT fair” for some to have a good plane etc....... not that you worked hard to earn and market allowed it.......

I choose Healthshare, eat healthy, exercise, manage resources, and shop care and do just fine.

When I go, Liberty will gets Some of the estate as it goes to help good people. You don’t need to be a religious zealot to joint one, just be a good human....

Hope this helps

I often hear about, "COBRA benefits" and their cost. My understanding it that COBRA is basically a rule that allow you the option with your employer to continue your health insurance after you leave employment. In nearly every case, this means that you pay what you had been paying for insurance under your employer, along with the amount your employer was paying. I think I pay about $600 a month toward the health insurance and my employer pays around $1400 a month. That means the COBRA rule allows me to continue my health insurance, but I'm paying the full $2000 per month. That I know of, there is no aspect of COBRA benefits that allows me to pay less.

My understanding is that the Christian medishare plans have somewhat strict guidelines about lifestyle (no smoking, as mentioned, but also no drinking, illegal drugs, dangerous recreational pursuits, expected church attendance, etc.).

My biggest beef with Zero-care is that it tacks on a lot of preventive care costs onto the policy. Physicals, mammograms, the list is almost endless. I used to be on a standard BCBS "major medical" plan. I had very similar eye surgeries with it, and with an Zero-care plan, and the out of pocket cost was comparable. The only difference is that my physical now gets run through the insurance, so it's 30% more expensive, and along with all the other bull crap that is "included", premiums have nearly tripled. Thanks, Zero!

Under Obamacare, increases in household income can result in increased premiums.

My wife was on it for a short while before she was old enough to enroll in Medicare. Our annual SS C.O.L.A. raise which amounted to only about $35 - $40 a month total for the both of us that year caused her monthly premium to increase $120.

I'll never understand nor could they explain why a $40 a month raise warranted a $120 a month premium increase.

Guess I lucked out........

when I retired from UPS......

went from plan A (working)

to plan B (retired)......

Then when I hit 65...Medicare !!!!!!

Cost me $140 month off the top of my SSA CK

Never paid for health insurance before.....

Luckily wife still under my Utah/Idaho Teamsters Plan also

This thread got me concerned when it began.
I hate medicade and generally all health insurance.
Even the Christian share ones I've checked into do not cover my choice of health care. They are all DRUG and SURGERY programs. As a Christian I have made use of natural healing cures that work. All due respect to the fine physicians here and elsewhere, aside from a couple of times that I was sewn up, I can't think of much use that I've had for hospitals or major medicine.

I asked the Lord and "coincidentally"???
No, clearly and specifically He gave me the answer today.
Every week I take Dr. Daniels class. Out of all the topics pertaining to health, this is the subject that this retired medical doctor prescribed for herself at age 63 when she was in worst shape than many of us.

[video:vimeo]https://vimeo.com/457335329/recommended[/video]

Check any professional / fraternal organizations you belong to. Some of them offer health insurance, some at a pretty good rate.

Karma will come knocking at your door. Enjoy your ride.

Thanks for the suggestion.
It's not simply cost though. It's that a few times I've been injured, I sought chiropractic with one out if state fixing my range of motion with one $400 visit.
That was better than numerous trips to one of the top rated orthopedic doctors in my state that Rx tests, meds but no correction.

I normally do my own treatment after prayer and professional consults from a pool of naturalpathic physicians and an MD like Dr Patricia Daniels I posted. The Insurance companies I have checked with don't cover these or the vitamin, mineral, or herbal supplements that I use.