No. of Recommendations: 2
I, for one, will never do a Medicare Advantage plan. From all my years on the TMF Retire Early board, plus this, and reading your website, I know to steer well clear of those things.
Do not be hasty about following the advice of someone who is in unusual circumstances. Like, for example, someone who hit a jackpot and retired rich on their mid 30's, with no wife or kids. Their circumstance is very different from the vast majority of people.
Our Humana Advantage plan was originally $75/mo with $75/qtr benefit for for OTC items.
Over the years the monthly premium has changed and now is $45/mo.
We had two major health issues requiring long hospital stays, including ER and ICU. The hospital bills totaled some $300,000 - $400,000.
For this we paid $150/day for the first 3 days and $0 for the next up to 57 days.
No Part A deductible, the Humana Advantage plan over-rode this.
