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I do think about my dental insurance premiums on a monthly basis!I've never once seen someone quote annual premiums. I always wondered why and now I know. Lost dollar
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I do think about my dental insurance premiums on a monthly basis!I've never once seen someone quote annual premiums. I always wondered why and now I know. Lost dollar
I've always understood that your address, as far as Medicare's concerned is the address your Social Security checks go to (I know, they're direct deposited 99.9% of the time.)Yup. Not to mention if your permanent address doesn't match the one you are using for everything else the odds of being caught are high (of course some people do have 2 places they live - for example winter in FL and summer in somewhere not so hot but that leaves a big paper trail they really are living both places). Things like doctor visits (hmm you give your son's address but all your health care is on the other side of the country - oh wait is anything in network now with a MAPD?), car insurance, the IRS, car tags (those are linked to with your tax address so that if you live in one county but get your tag in a different one or different state you will be questioned when you get your tag, not to mention out of state registration, car insurance issues with that...), and for those earning money and are W2'ed or 1099'ed there is that huge database of income and where you worked that could trip you up (forget what it is called - that multiple federal and state agencies have access to and covers around 95% of all income people earn by work)...
Yeah what could possibly go wrong? Not to mention I don't know if that would be a hanging offense or not, but I am sure it would be an expensive one if/when you were caught.
CSG gives you the option to do annual quotes.Three reasons.
1) The KS DoI website that lists rate information for consumers provides the quotes using annual premiums.
2) The Part B deductible and HD J,F, and G deductible provided by CMS are quoted as annual amounts.
3) I have annual bills for Property Tax and Car and Home Insurance.
Yes, Social Security comes monthly, but it is much easier for me to merge those other items together on an annual basis and then see what is left for other items.
Idle wondering and off topic - I wonder if that is then used for other state/federal things as your "official" address. I can't imagine it hasn't occurred to someone at medicare how this address thing could be manipulated.I've always understood that your address, as far as Medicare's concerned is the address your Social Security checks go to (I know, they're direct deposited 99.9% of the time.)
Especially confusing with snow bunnies.Idle wondering and off topic - I wonder if that is then used for other state/federal things as your "official" address. I can't imagine it hasn't occurred to someone at medicare how this address thing could be manipulated.
Medicare uses Social Security address because it is Social SecurityI've always understood that your address, as far as Medicare's concerned is the address your Social Security checks go to (I know, they're direct deposited 99.9% of the time.)
Too many people freak out anytime someone mentions a closed block. Although it's never a good thing, it's not as bad as people say it is because it takes years for the healthy people to leave the block.Update: I signed up for HDG with Continental Life (Aetna) but am now having second thoughts due to finding out about their history of closing blocks. I have a 30-day free period look until Jan 30, 2025. I can get United American for a few dollars more per month ($49 for UA, $42 for CL). Would I be less likely to get stuck in a "sick duck pool" with UA?
Too many people freak out anytime someone mentions a closed block. Although it's never a good thing, it's not as bad as people say it is because it takes years for the healthy people to leave the block.
I've been in a closed block with my Aetna Plan G for two or three years now and I'm still happier than a dead hog in the sunshine.
Two things though:
There's no way to predict when and if a company is going to close a block.
And you really need to crunch the numbers when comparing an HDG to a G. It only takes around $4,000 a year in medical expenses to wipe out the money you'd save with an HDG.
Just how sick do you plan to be next year?
I didn't say I was going to pay annually, I was talking about planning.CSG gives you the option to do annual quotes.
Many companies still show annual premiums on their rate sheets.
It makes no sense to pay an annual premium, because with most companies you get the annual rate divided by 12 if you pay by EFT. Allstate is an exception.