I was wrong about COBRA coverage, I could swear I read that COBRA wasn't allowed at 65 and older.
If you do the math Medicare could be cheaper than COBRA coverage especially if you have a high out of pocket maximum coverage. The only thing that may be cheaper in coverage vs Medicare is Part D drugs but that's not always the case. My cost for now is significantly higher than it was, my wife has basically just her Part D premiums at $2.50 per month.But the medical portion makes up the difference in total out of pocket we pay.
If you do the math Medicare could be cheaper than COBRA coverage especially if you have a high out of pocket maximum coverage. The only thing that may be cheaper in coverage vs Medicare is Part D drugs but that's not always the case. My cost for now is significantly higher than it was, my wife has basically just her Part D premiums at $2.50 per month.But the medical portion makes up the difference in total out of pocket we pay.
Statistics: Posted by Vinny_in_NJ — Thu Mar 13, 2025 5:18 am — Replies 35 — Views 2958