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Originally Posted by 2bikemike
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And when I read how much you spent on medical insurance I about fell over. We are about 1/2 of what you pay! Even with our LTC coverage we are less than $2k. I guess I am very fortunate that I was able to continue with my employers plan after retirement!
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We lost our company insurance over the past couple of years as we retired, and that's the pricing we got on the health exchange. It's a pretty good plan, but yeah, it's expensive. And we still spent $8K out of pocket, though about 3/4 of that was hearing aids and glasses that aren't covered.
It'll go down a bit this year since my wife is going on Medicare. She's still working through the application, but I think it'll drop from $2,000 a month to about $1,300 a month. That'll be a big difference. I won't get Medicare for another few years.