Medicare Advantage PPO from Anthem Blue Cross - was $0 - is now $840. Thank you ObamaCare
I’ve been puzzling through a possible solution that might be useful to those retiring near the US/Mexico border. That entails the following: 1) rent a storage unit in a Mexican town/city; then 2) (while still covered on a US health plan), apply for the Mexican health insurance plans; there are two, one that’s for general/catastrophic care and a second for pharmacy/clinic services. Together the outlay is about $750.00 a year, then 3) announce your retirement to your “villa” in Mexico, (the address of the storage unit which, conincidentally, you use as the address for your Mexican health insurance).
I have yet to find any requirement in Mexican law that you have to be a resident to apply for their health insurance. I’m meeting with a Mexican attorney this very day to confirm that. It would probably be necessary to apply for a residence visa, (retirement purposes), but that seems to relatively easy. So, I “think” the idea is that you get the “residence” visa in Mexico and re-enter the U.S. on a “tourist visitors” visa; all to prove to the US gov’t that youve retired to Mexico. You’ll also want to set up a bank account in Mexico for electronic reciept of your Social Security checks.
The downside is that out-of-US retirees can’t access Medicare/Medicaid.......you have to give that up, BUT you’ve got total health coverage for $700.00 a year and from all I’m hearing the care is actually BETTER.
I’m still modeling this but it might be an escape valve for those who locate near the border.
They’re hoping you’ll blame the Grrrreeeeeedy Insurance Companies and embrace the idea of Single Payer.