2016 Part B Premium Is...

Nov 10, 2015

  1. TwoCents
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    TwoCents Guru

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    Last edited: Nov 10, 2015
    TwoCents, Nov 10, 2015
    #1
  2. Justin Bilyj
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    Justin Bilyj Guru

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    Part A deductible went from $1260 to $1288,
    coinsurance (days 61-90) went from $315 to $322,
    lifetime reserve days from $630 to $644,
    SNF from $157 to $161,
    and premium for part A is $2 and $4 dollars more per month depending on number of work quarters.

    Now just sitting back to see what people do for plan F...
     
  3. kgmom219
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    kgmom219 What's Next?

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    All mine are prepped....we are looking to move to G in January
     
    kgmom219, Nov 10, 2015
    #3
  4. vic120
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    vic120 Guru

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    All this without a cost of living increase.

    Keep the change
     
    vic120, Nov 10, 2015
    #4
  5. Chazm
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    Chazm Guru

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    Why are people worried about what to do to F right now?
     
    Chazm, Nov 10, 2015
    #5
  6. vic120
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    vic120 Guru

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    right we got time just wait so when the time comes and the client has cancer and the premium goes up 200% he can get a MA plan. Makes sense
     
    vic120, Nov 10, 2015
    #6
  7. kgmom219
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    kgmom219 What's Next?

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    Plan F is scheduled to sundown in 2020. Move healthy clients now, before the F rating pools get older and sicker.
     
    kgmom219, Nov 10, 2015
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  8. yogooglethis
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    yogooglethis Guru

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    use scare tactics much ?
     
  9. vic120
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    vic120 Guru

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    vic120, Nov 10, 2015
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  10. senior-advisor-indiana
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    senior-advisor-indiana Guru

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    Reality is, if they have cancer, they won't be paying those high premiums long. If they survive, they will only be paying high premiums for 2 years. That's assuming the rates even go very high at first. I have seen closed books of business stay low for quite a few years.
     
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