The good thing is our monthly health insurance premium gets cut in half as I am the only one who will be covered under that policy so it will be a $1061.00 outlay instead of $2270.99 per month(that's over $27K per year to just have medical coverage....using it is even more $$$). Hubs Medicare will cost $164.90 for Part B and $94.11 for the supplement he chose so his part goes from $1061.00 to $258.90.
That $2270.99 healthcare premium includes vision for Hubs and dental care for both of us. The dental care goes away when Hubs turn 65 in April. He can get dental as there are plans for 65+ year olds but I am SOOL until next year when I turn 65 unless I can find a policy that isn't ridiculously expensive to cover me for 8 months. So I am getting everything taken care of before April ends. I'll probably need a cleaning come Fall and our dentist charges under $100 if you have to pay cash and don't have coverage so I'll be vigilant about flossing and brushing from now on(as we all should be). ;-) And hoping nothing bad/expensive pops up before January 2024.
$2270.99 in healthcare premiums in 2023 versus $1320.01 starting next month, a savings of $950.98 monthly.
But along with this good news, there is not so good news...Hubs monthly annuity payment goes down. His annuity was front loaded, meaning we received larger payments until he hit 65 yr. old(sort of to offset what we had to pay out of pocket in healthcare premiums), then the monthly payment goes down by $553.96 per month. Between the two changes(healthcare payments going down and annuity payments going down)we are in more the black by almost $400 per month still so it's not all bad news.
It might take a few months to see where the budget lands as all this changes.
Then in the Fall(October or so)I get to do the Medicare supplement decision dance. I can't wait.**see Sluggy roll her eyes.
Sluggy
