[USER]

What do you do with healthcare coverage if you decide to retire at 50? Find a part time job that provides insurance?

Where?

If you buy policy from market place, I would love to hear about your experience and cost.

Do they sell good PPO policies?

Thank you!

[Kacee]

I have been shopping for coverages too since I left work. Marketplace or ACA varies with state.

For me, their premiums and deductibles are high and most are HMOs for my area which I don’t care for (but it’s not a deal breaker to me)
Private plans seem to come from life insurance companies more and more: Freedom Life Insurance under US Health Group, under Unitedhealth is an example.

Another one is Philadelphia American Life insurance under Aetna.

If you are relatively healthy, these may work okay.

But I am leary cuz if it’s too good to be true, you know the saying

It also depends on your health situation/conditions too.

If you can find a part time time that offers health insurance, the employer base coverages seem to be the best (even the insurance brokers agree to this).

Lastly, “expensive” is subjective, so only you can decide what fits your wallet.

[Angelo]

Obamacare. We got a high deductible plan and save money into an HSA to pay for the times when we need care.

[Sunny]

Right now I’m doing cobra to the tune of $650/m. The aca was more money and less coverage

[Cindy]

ACA depends on your income for subsidies/cost sharing. There can be great plans available but their availability depends on your state.

If you qualify through underwriting, private defined benefit plans are preferred imo.

Speak to a health insurance broker that services your state to help you map it out to your needs/lifestyle/budget.

[Holli]

I pay $500 a month, for not the best insurance, I’m 50

[Julie]

Obamacare. Consider yourself self-pay unless something really expensive. $7500 deductible.

My premium is $850 for one person.

Still, out of pocket costs are in network and there’s an annual cap on out of pocket

[Michelle]

I worked part time and paid for policy on the market. In Mt area there were minimal choices of policies and it was an epo.

Never got denied anything however hi deductible and copay.

Gen an HSA set up for sure

[Steve]

ACA policies are capped at 8.6% of your “income”, so if you can manage that you can have a better policy for less than you pay working.

[Ashley]

ACA only offers HMOs in my area just outside of DC…not as many options as you’d think.

[Shawn]

A marketplace plan is a great value if you can show low income.

Deductibles are very high unless you have a low enough income to qualify for reduced cost sharing.

[Author]

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