Senior Medical Insurance

In 2011, I got an email pointing out the following senior medical insurance issues (really it wasn't about seniors, but about the health care system itself):

"...Because the healthcare industry, the very system that's supposed to protect us… Is severely BROKEN.

As the battle on Obama's Healthcare Law rages on at the Supreme Court, here's what's happening right NOW...

An unbelievable forty one percent of Americans have either medical bill problems or are currently paying off medical debt...

According to The American Journal of Medicine, 60 percent of bankruptcies in the United States are caused by medical bills...

Pharmaceutical companies spend tens of billions of dollars every year on marketing - TWICE as much as they spend on developing life-saving medicine…

Meanwhile, profits at American health insurance companies have shot up in recent years by a whopping fifty six percent."


Recently, I was traveling with a friend, Margaret (from upper New York), when I mentioned finances in retirement -- she told me that many seniors in her area have no health care besides Medicare. Many have loads of medical debt...I was a little surprised as I assumed most would have Medicare and supplemental insurances.

When I received the email, I was reminded of this conversation, so I thought I should ask retirees to see what they deal with on medical issues and how they deal with it.

So my questions to retirees are:

-- Do you have health care? Do you pay for it or does your former employer (with pension)?

-- Do you have medical debt?

-- Can you afford your prescriptions? What do prescriptions cost per month?

Please -- Tell your story below and let's share what's happening on the retiree health care scene... maybe you will find a solution from another retiree's story!

Share your two cents on any Retiree Health Care issues!

Do you have an insurance experience to share with others?

Your knowledge could help another retiree out there, good or bad, even maybe just a warning on what happened to you.

Learn from others... Check out their Two Cents on Retiree Health Care

Click below to see contributions from other visitors to this page...

Retired Nurse at 54 
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Retired and Going Crazy 
Just retired after working in health care for 36 years as a Physician Assistant. Thought retirement would be a breeze but now going into my 2 month, I …

The Big Retirement Mistake and How to Avoid It 
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My America 
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Retirement sucks 
I was laid off forced to retire at 61. And my life has gone down hill every since. I have been sick in and out of hospital. Very depressed. Loss of …

Doctors: Take a Witness.... 
I am a 79 year old retired nurse who had a very bad experience with an Internal Medicine Doctor here in Phoenix, Arizona. I will refer to him as Dr. DA …

Primary care physician  
I am 78 years old. I have been seeing my primary care physician (who only treats seniors) for over a year. He is knowledgeable and has gotten me off many …

Should I have dental insurance? 
I have been going to the dentist all of my life and have had dental insurance with employers, but now that I am retired I don't have dental insurance. …

Take An Active Role In Your Health Care 
I recently read a book entitled "Being Mortal" by Atul Gawande and I was so impressed by the author's candid views on health care that I would like to …

Medicare Options Navigator 
Wendy at Retirement-Online doesn't endorse this Medicare Options Navigator, simply because I don't know him... but the post is worthy of your time. Who …

Wife needing Health Care Benefits 
I'm turning 62 and would consider retiring in the next 2-3 years. My wife is turning 59 and is coverd by my insurance. I have VA benefits so my health …

No Medicare, No Medicaid, Now what? 
I am 62 and retired in 2007 due to disabilities. It took me 2 years to qualify for Medicare. When I got it, I could not afford the premiums. Medicaid …

The Health Care Expenses We Face in Retirement 
The Health Care Expenses We Face in Retirement As retirees we may be forced to amass a small fortune to pay for our health care in the coming years. …

MY RETIREE HEALTH CARE DILEMMA  
I was forced to retire in 2011 and took Cobra for 18 months. My Cobra is running out by the end of this month. I am only 64 years old and have one …

Heath care changes Jan 2013 
After 65 my health care became Medicare, plus an adequate MVP plan that is employer contibuted. After these years of participating in a partially …

Retirement Health Care: Don't be a chump 
Health insurance is a racket. You should know this at your age. When you go to the ER you can be pretty sure they will "get it wrong". It is much …

Costly....But No Option 
As any one knows who frequents this web site, I will be retiring at the end of January 2013. I will be appying for medicare, purchasing a supplement, purchasing …

Circling the Drain 
I hsve been retired since 1990 from the Eastman Kodak Company. We received free healthcare, life insurance and dental benefits. Last week Kodak …

Glad to be Canadian 
Being in Canada we have the basic coverage that we need. My wife and I are in reasonably good health and do not have ant additional coverage. We …

COBRA today but what when it runs out?  
Worried because I'm not 65 yet and COBRA (that is $608/month for only me) will expire 07/2013. Don't know what to expect from an individual health …

Health Insurance with Medicare 
I would like to know , since I have 2 medical ecoverages, is that enough? I have medicare PART A&B.... I also have tri-care prime for life! Just …

Medicare and Still Working... 
I signed up for Medicare A before my 65th birthday. If I receive social security at 66 and continue to work with employer-paid health coverage, do I have …

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