Am I not in a ‘group’ of retirees who have the same Pharma insurance that I have?
But your group doesn’t have a sugar-daddy employer providing the benefits.
A company, if they had enough money, could put in a ridiculous medical plan where the employees pay nearly nothing and have everything taken care of. If they have hundreds of millions of dollars in their bank account, there is nothing to stop them. It is tax-deductible to the company, and not taxable to the employee. Medical care is the only thing where they can do this; if they gave their employees a free lunch, it would be imputed income and taxable to the employee.
You may be, but one feature of your husband’s insurance MIGHT be an attractive/low co-pay. Whatever provisions are in his coverage are likely tailored to the employer’s specifications or anticipated utilization. If the employer group is weighted with younger people, it may be a good feature for them to have low co-pays for meds.
I am just suggesting that there is not necessarily any correlation as to the Medicare vs his private insurance benefits.
Not necessarily
Look to get into an Advantage program through Humana or Kaiser. They are better deals