What Would You do?

Mar 20, 2008

  1. moonlightandmargaritas
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    moonlightandmargaritas Guru

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    A client of mine has his mother call me with a health insurance conundrum. She lives in New York City (Bronx).

    64 years old, will be 65 and goin' on Medicare in August. COBRA from old employer ran out 2/29/08. Good health, height/weight OK, just meds for HBP, with it well-controlled. Did the routine check up thing including mammogram with doc before COBRA expiry. All OK.

    Without any kind of short-term medical available for NY, she is forced to buy a full-blown deal for $475 a month which really squeezes her budget- wise.

    So here's the question...

    Hold your breath and go naked for 4.5 months - or pay the $475 a month?
     
  2. Guest
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    Guest Guest

    If I was in good health I'd take the risk for 4 months.
    YMMV.

    There is no STM sold in New York? I didn't know that.


    Al
     
    Guest, Mar 20, 2008
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  3. LGilmore
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    LGilmore Guru

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    pay the premium. Penny wise and pound foolish.....
     
    LGilmore, Mar 20, 2008
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  4. bluemarlin08
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    bluemarlin08 Guru

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    Pay the premium
     
  5. moonlightandmargaritas
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    moonlightandmargaritas Guru

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    I guess we can't know the correct answer in advance...
     
  6. Delta76
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    Pay the premium, my guess is at age 64 she has a lot to lose.
     
    Last edited: Mar 20, 2008
    Delta76, Mar 20, 2008
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  7. LGilmore
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    LGilmore Guru

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    "I guess we can't know the correct answer in advance..."

    If we ever knew the correct answer in advance people wouldn't need to buy insurance till the day before.. no? ;)

    That's our main job, providing the correct answer for an uncertain situation.
     
    LGilmore, Mar 20, 2008
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  8. STIBROKER
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    STIBROKER Like My post and enter the DRAWING,,,, Moderator

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    up her deductible as high as it will go to save prem. $...............
     
  9. moonlightandmargaritas
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    Unfortunately for her, the only individual coverage available for her are HMO's...
     
  10. STIBROKER
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    STIBROKER Like My post and enter the DRAWING,,,, Moderator

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    why is that......