would medicare part B be worth it?

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fredntan
fredntan Member Posts: 1,821
edited September 2016 in Employment, Insurance, and Other Financial Issues

Hi,

I am eligible to add medicare part B this yr coming up. Not sure if it will be worth it. Been looking at my husbands insurance-switching plans. Looks like we will have max 6K OOP with FFS PPO. I have mets-I run medical bills up quickly. But then my youngest has type 1 diabetes and she also runs the medical bills up quickly-insulin 200/month, then pump and CGM supplies are pricey. so probably looking at extra 400/month bills from her. thats almost 5K right there. so it wouldnt benefit me to use medicare? right? with the extra premiums taking from my SSDI

Is this right?

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  • BrooksideVT
    BrooksideVT Member Posts: 2,211
    edited October 2015

    I have Medicare Part B as secondary to the insurance I have at work. Medicare costs a little over $100/month and pays all my deductibles and copays ( $1,600 thus far in 2015). If your family has a combined deductible, Medicare might not provide any financial benefit; but keep in mind that Medicare could give you opportunity to see providers out of your PPO network.

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  • fredntan
    fredntan Member Posts: 1,821
    edited October 2015

    I am reading it. I will meet with someone thanks for replies

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  • owlwatcher
    owlwatcher Member Posts: 130
    edited October 2015

    I was trying to figure that out also and I think that if you apply late to medicare part b you can have a penalty.so what most people I know do is get part A pay for part b and buy a supplementary. usually even if your spouse can cover you there is a fee. good luck it is very confusing.

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  • marijen
    marijen Member Posts: 3,731
    edited September 2016

    correct and you can have another plan as well. part B is very inexpensive $104 a month. Don't forget prescription part D, same thing penalty if you wait?

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  • Spookiesmom
    Spookiesmom Member Posts: 9,568
    edited October 2015

    I have Medicare A and B. I also have an Advantage plan from Humana. I DO NOT pay for that. They bill Medicare. It covers everything I have needed. My generic meds are 0 copay. They are covering my insulin, 0 copay. Humalog. My insulin pump, 0 copay.

    It is a HMO. I can live with that in return for the 0 copay.

    It's my understanding you pay, sometimes a LOT, for the supplements, but not the Advantage plans. And you can still have limits.

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  • Roon
    Roon Member Posts: 2
    edited October 2015

    si I have Part A and B and realize after being asked for $3,000 upfront for a radiation consult that I would also have to be put on a payment plan. I can't get an appointment with the Dr without a down payment. So now I realize I need to go with an gap insurance or supplemental insurance for 2016. And also on limited income with Ssdi but don't qualify for public aid. Any help would be appreciated. Thanx.

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  • proudtospin
    proudtospin Member Posts: 5,972
    edited October 2015

    when I turned 65, I enrolled for part A part B and a supplemental, also of course a Part D

    I researched the heck out of stuff on line and ended up with tons of insurance guys calling me. I began a dialogue with one who was great at answering all my confused questions, maybe you want to try that

    also, turned out my pharmacist was the best to let me in on the best plan for my state

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  • marijen
    marijen Member Posts: 3,731
    edited August 2018

    AARP United Healthcare Plan F is the best IMHO.

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