My wife and I both turn 65 in a couple months (six days apart). Plan A only for us, and I don’t expect to use it.
You’ll still be charged for it tho, right? Plus, I think Medicare automatically becomes the primary and private insurance secondary. So, if you have it, it has to be used.
Update to my post. If you’re hospitalized. Hopefully not tho!!
“My wife and I both turn 65 in a couple months (six days apart). Plan A only for us, and I don’t expect to use it.”
Nobody expects to get sick, until they do. You could find yourself stuck in a crappy plan with no way to get out. I am in Plan G, which is guaranteed renewable for life as long as I pay the premium - currently $112/mo.
Check out this youtube channel before making a final decision => https://www.youtube.com/watch?v=bigrFu-u6sU
There is a lifetime penalty for not getting part B when you turn 65. There are some exceptions, for having other health insurance, but you might want to ask them at Social Security. My mom paid the penalty for over 30 years.
Correction to post #9. Here is the guy’s youtube channel =>
https://www.youtube.com/channel/UCttfJcDqkWJAORC6ZJWiIIg
I opted out of Part B. I don’t pay Part B premiums. I’m self-pay for outpatient procedures. I could use the VA though if I have too. Some outpatient procedures aren’t cheap. There are often self-pay discounts however. Trying to figure out which way to go isn’t easy. What are Part B deductibles, how much will premiums rise, and what procedures might I need in coming years,...
why?....you don’t think you’ll ever get sick?
I believe it’s harder to join up later if you don’t do it now, possibly because you won’t have been paying your premiums all those years.
Seven weeks ago my wife (62) wasn’t expecting to have to use the hospitalization provisions of MedicAID. She’s barely ever been sick in the 30 years I’ve known her. Turns out she did have to —the hospice coverage also — and now she’s dead.