I believe that Medicare pays 80% so you can purchase supplemental medical from at&t . Some retirees paying upwards of 700.00 a month for a married couple if 65 and older. Is this correct? Legacy S
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AT&T UHC Medicare Advantage plan out of pocket is currently $900 which is great. But, what happens WHEN the OOP is raised dramatically in a few years???? You will be REQUIRED to go through underwriting to get back onto Supplemental plan G, or any other supplemental plan. Underwriting means the insurance company offering the plan will be allowed to reject you for any reason medically. Any chronic condition will become an excuse to reject you. In other words, you most likely will be stuck using the Medicare Advantage plan regardless how high they jack the OOP.
The part B premium is based on income.
https://www.medicare.gov/Pubs/pdf/11579-medicare-costs.pdf
It's not $165 for everybody and as far as the Supplement, I have the Plan F -
high deductible ($2300) costing $52 per mo. and at least currently
the company gives me & spouse $$$$ with Alight.
This arrangement is the last year that they set $$ aside and in 2024 they will attempt to force us onto their cr---y Advantage Plan. No thanks, I don't need UHC dictating my health care, that belongs to me AND my Doctor.
The loss of my currently great health care arrangement is exactly why as a RETIRED
VP level - that I encourage friends, neighbors, family to NOT buy anything from at&t.
There is also a Supplement Plan G-HD (high deductible). It is approximately ~ $40/month and the yearly max out-of-pocket is ~ $3,000. Besides that, the coverage is just like Supp Plan G. Now, Medicare is the primary payer, so unless one ends up with something serious in a given year, typically not even close to hitting the max. If it's once every 8-10 yrs, you're still saving a good amount. I'm not 65 yet, but personally, I wouldn't choose any Advantage plan.
From 2021
https://retiree.uhc.com/content/dam/retiree/pdf/att/2022/ATT_2022_Announcement_Letter_and_FAQs.pdf
The AT&T UHC Medicare advantage plan is the future for retiree's. $88/mo. $900 total out of pocket. $100/stay hospital stay, some low co-pay's for dr. visits, $20-25. Dental and vision to be added maybe in 2024. This is a plan developed by AT&T and nobody else sells. Most advantage plans have $4-6K out of pocket with $300/day hospital stays.
Medicare Part A Hospitalization is free, Part B Doctors is $165, and Medigap plans vary but the smartest is Plan G at $165'ish for a 65 year old. So yes you can start pushing $800 for a couple depending on age. Ouch, BUT, the annual deductible is only $226, after that you pay zero with Plan G. Bottom line, if you are healthy, yes its pricey, but if you have existing medical issues or get a serious illness or need a new hip etc, you are basically covered 100%. All Medigap plans must accept you the first time you sign up, no medical history, no questions. If a doctor accepts Medicare, they have to accept every Medigap plan. Your network is every doctor who accepts Medicare across the entire USA. MedicareAdvantage, not so much, don't care what they say. Also sign up for Part D Prescriptions immediately to avoid future penalties, they run $5 to $40 depending on your needs. You will need to examine all the plans and do you math based on what you are currently taking. No current prescriptions, take the $5 plan, things change, you can upgrade the plan every fall. Good health to you all!
My wife just got Medicare and she pays right about $4k/year just for her. She is on traditional Medicare with supplements not advantage
So they are paying $700 or more for both the Medicare and the supplemental