Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Amy J who wrote (26132)	12/17/2004 7:44:08 PM
From: Les H	Read Replies (2) \| Respond to of 306849

You pretty much have to purchase a secondary health insurance plan to pay what Medicare does not. Medicare A covers hospital expenses, while Medicare B covers doctors visits and outpatient care. Medicare A receives its funding solely from the payroll tax. Medicare B receives its funding from the quarterly premium that it charges seniors. The advantage of carrying Medicare is that places caps on the reimbursements to care providers, and as a result your secondary insurer will also pay less. My father did not carry Medicare B, and as a result, his out-of-pocket medical expenses were very substantial (some over 8000 that I had to pay off from his estate). After he passed away, my mother purchased the Medicare B coverage and her out-of-pocket expenses are probably about 700-1000 per year, primarily for the 4 or 5 prescriptions in her regimen.