I can’t even remember the deductible or max out-of-pocket on the cadillac plan b/c we never used it enough! It was a great plan in the sense that we could see anyone we wanted, and copay was low ($20). Still, i don’t feel I got my $38,000 worth!
]]>Hi Caroline! Our medical insurance premiums are the largest line item (hidden) from our budget as well. Your $3,200 premium is a big number ($38,000 annually?), it sounds like we are getting a deal. How does your max out-of-pocket and deductible look on that Cobra plan?
We just got back from Ecuador and someone was saying you can buy property or put $25,000 in the bank and claim residency. How much property do you need in Costa Rica to claim residency?
Mrs. Max OOP is applying for US citizenship (she is Canadian) and once that is established, we will have some built-in protection via healthcare geographic arbitrage. Her health insurance in Canada kicks back in after 90-days in the country. I wanted US citizenship finalized before we opened up Canada as a possible landing spot for us.
Max
]]>Hi Abigail! That was definitely a great setup for your aunt! I would totally take that deal in my case. Does the $375.50 cover Part A and Part B?
Max
]]>It’ll go up a little in 2020 because I’m adding dental on as a supplemental package.
My aunt actually had a deal with her (small business) employer for a while that the company would put the amount that the company WOULD have paid for her insurance into her paycheck, since she and her husband got a much better deal on premiums through his government employee plan. Alas, he later quit that, so now they’re both on her work plan I assume. Still, it was a pretty sweet setup while it lasted.
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