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IBM Medical Plans vs Humana vs Secure Horizons

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  • nkosi278
    I m surprised there hasn t been a lot more discussion on this topic since we all received our 2010 packets. With my spouse and I both on Medicare, pretty
    Message 1 of 10 , Nov 4, 2009
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      I'm surprised there hasn't been a lot more discussion on this topic since we all
      received our 2010 packets.
      With my spouse and I both on Medicare, pretty healthy, low prescription drug
      usage, isn't it time I opted out of the IBM 'system' - a neighbor left his (HP)
      system two years back.
      Like me now, he was reluctant to sever the ties with the Company plan(s)
      I think I can still stick with the IBM Dental Plan, but I expect that I will bit
      the bullet and go for Secure Horizons.
      Comment, please!!
    • Kenneth Pilipshen
      My wife and I thought about the same thing but one never knows when a medical catastrophe may strike. For this reason, we decided to take the IBM Medical/Drug
      Message 2 of 10 , Nov 5, 2009
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        My wife and I thought about the same thing but one never knows when a medical catastrophe may strike. For this reason, we decided to take the IBM Medical/Drug supplement which has an individual annual deduction of $1,000/$3,000 and annual out of pocket of $4,000/$8,000. The cost is $189 a month which has to be added to the $200+ we pay for medicare. It is the cheapest and not an HMO. In time, like a high car insurance deductible, I think it can pay for itself with the medical insurance savings.

        The only bad feature with this is that there is the medicare drug max of $3,500. The latter can be a problem if you get cancer, since the drug costs are extremely high. But I believe that this is a one year problem.

        I do not know how the Humana and Secure Horizons plans compare in cost to this. However, since I still like to chose my personal doctors and not have to worry about PCP, I prefer this rather than an HMO. The only other advantage is this medical plan is good if you live in two states during the year - such as Florida and New York. You may want to consider this since rentals are really falling in Florida.

        Hope this helps.

        A 67 year IBM retiree.


        ________________________________
        From: nkosi278 <no_reply@yahoogroups.com>
        To: ibmpension@yahoogroups.com
        Sent: Wed, November 4, 2009 3:49:20 PM
        Subject: [IBM Pension] IBM Medical Plans vs Humana vs Secure Horizons


        I'm surprised there hasn't been a lot more discussion on this topic since we all
        received our 2010 packets.
        With my spouse and I both on Medicare, pretty healthy, low prescription drug
        usage, isn't it time I opted out of the IBM 'system' - a neighbor left his (HP)
        system two years back.
        Like me now, he was reluctant to sever the ties with the Company plan(s)
        I think I can still stick with the IBM Dental Plan, but I expect that I will bit
        the bullet and go for Secure Horizons.
        Comment, please!!







        [Non-text portions of this message have been removed]
      • w2uhabud@wmconnect.com
        i subscribe to the same plan but i am alone so my premium is $10.00 pr month an increase of $2.00 over last year, i am curious are all the premiums the same or
        Message 3 of 10 , Nov 5, 2009
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          i subscribe to the same plan but i am alone so my premium is $10.00 pr
          month an increase of $2.00 over last year, i am curious are all the premiums the
          same or are they adjusted by some factors, i know of no other retirees in
          this area to ask the question. i have been retired since 1985


          [Non-text portions of this message have been removed]
        • loucopits
          ... Would cancer drugs be applied to the out of pocket? A friend was paying $950/month for a cancer drug...
          Message 4 of 10 , Nov 6, 2009
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            --- In ibmpension@yahoogroups.com, Kenneth Pilipshen <test2btrue@...> wrote:
            >
            > My wife and I thought about the same thing but one never knows when a medical catastrophe may strike. For this reason, we decided to take the IBM Medical/Drug supplement which has an individual annual deduction of $1,000/$3,000 and annual out of pocket of $4,000/$8,000. The cost is $189 a month which has to be added to the $200+ we pay for medicare. It is the cheapest and not an HMO. In time, like a high car insurance deductible, I think it can pay for itself with the medical insurance savings.
            >
            > The only bad feature with this is that there is the medicare drug max of $3,500. The latter can be a problem if you get cancer, since the drug costs are extremely high. But I believe that this is a one year problem.
            >
            > I do not know how the Humana and Secure Horizons plans compare in cost to this. However, since I still like to chose my personal doctors and not have to worry about PCP, I prefer this rather than an HMO. The only other advantage is this medical plan is good if you live in two states during the year - such as Florida and New York. You may want to consider this since rentals are really falling in Florida.
            >
            > Hope this helps.
            >
            > A 67 year IBM retiree.
            >
            >
            > ________________________________
            > From: nkosi278 <no_reply@yahoogroups.com>
            > To: ibmpension@yahoogroups.com
            > Sent: Wed, November 4, 2009 3:49:20 PM
            > Subject: [IBM Pension] IBM Medical Plans vs Humana vs Secure Horizons
            >
            >
            > I'm surprised there hasn't been a lot more discussion on this topic since we all
            > received our 2010 packets.
            > With my spouse and I both on Medicare, pretty healthy, low prescription drug
            > usage, isn't it time I opted out of the IBM 'system' - a neighbor left his (HP)
            > system two years back.
            > Like me now, he was reluctant to sever the ties with the Company plan(s)
            > I think I can still stick with the IBM Dental Plan, but I expect that I will bit
            > the bullet and go for Secure Horizons.
            > Comment, please!!
            >
            >
            >
            >
            >
            >
            >
            > [Non-text portions of this message have been removed]
            >
            Would cancer drugs be applied to the out of pocket? A friend was paying $950/month for a cancer drug...
          • w2uhabud@wmconnect.com
            the cost of drugs does not apply to out of pocket or deductible for medical, expenses [Non-text portions of this message have been removed]
            Message 5 of 10 , Nov 7, 2009
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              the cost of drugs does not apply to out of pocket or deductible for
              medical, expenses


              [Non-text portions of this message have been removed]
            • retired_in_89
              Just think of it as a 25% increase. If you got that pension raise given last year consider yourself fortunate. It probably pays you that extra two dollars and
              Message 6 of 10 , Nov 9, 2009
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                Just think of it as a 25% increase. If you got that pension raise given last year consider yourself fortunate. It probably pays you that extra two dollars and a few more. In my case they point blank lied about why I was turned down and when I proved it was an out and out lie they then put me on hold long enough to come up with another excuse. Probably burned up the wires between Fidelity and IBM HR. :-) I decided that if IBM is THAT desperate I'd let them have it without a fight. Sam most certainly has bigger obligations than I, so the poor soul is welcome to it. He certainly can't be as happy with his life as I am with mine at this point in time. Any one that treats people as he does can't possibly be as happy and content as I am.

                Since you retired a few years ahead of me you must remember what a great company it was to work for. My heart goes out to the recent and present employees.



                --- In ibmpension@yahoogroups.com, w2uhabud@... wrote:
                >
                > i subscribe to the same plan but i am alone so my premium is $10.00 pr
                > month an increase of $2.00 over last year, i am curious are all the premiums the
                > same or are they adjusted by some factors, i know of no other retirees in
                > this area to ask the question. i have been retired since 1985
                >
                >
                > [Non-text portions of this message have been removed]
                >
              • zer0t0l
                I (we) have AETNA/ medicare plan. Premium approx. $200/mo.Wife has a high need for prescriptions, hospitals and re-habs. Most but not all of our costs were
                Message 7 of 10 , Nov 9, 2009
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                  I (we) have AETNA/ medicare plan. Premium approx. $200/mo.Wife has a high need for prescriptions, hospitals and re-habs. Most but not all of our costs were covered by this HMO plan. Its true, you need referrals from your designated primary care doctor to see a specialist but a primary is usually cooperative in providing this service, especially if he likes that he is your primary. Our co-pays might be deemed high but they are managable. IBM's plans do cover well but are geared to financially discouraging one to select their plan.IBM wants OUT. Aetna covers all the expensive drugs by the way as someone alluded to an expensive cancer drug. In my situation, needing a huge amount of medical assistance, choosing an HMO was a complete 'no-brainer'.
                  --- In ibmpension@yahoogroups.com, nkosi278 <no_reply@...> wrote:
                  >
                  > I'm surprised there hasn't been a lot more discussion on this topic since we all
                  > received our 2010 packets.
                  > With my spouse and I both on Medicare, pretty healthy, low prescription drug
                  > usage, isn't it time I opted out of the IBM 'system' - a neighbor left his (HP)
                  > system two years back.
                  > Like me now, he was reluctant to sever the ties with the Company plan(s)
                  > I think I can still stick with the IBM Dental Plan, but I expect that I will bit
                  > the bullet and go for Secure Horizons.
                  > Comment, please!!
                  >
                • w2uhabud@wmconnect.com
                  i was not entitled to the pension increase last year, guess been retired too long, yes it is hard to imagine the IBM i retired from in 1985 is not the same IBM
                  Message 8 of 10 , Nov 10, 2009
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                    i was not entitled to the pension increase last year, guess been retired
                    too long, yes it is hard to imagine the IBM i retired from in 1985 is not the
                    same IBM in 2009, the comments i read are almost unbelievable, although my
                    medical options have changed an become more costly over these 24 years they
                    are manageable at this time but who knows what the future will bring


                    [Non-text portions of this message have been removed]
                  • ignatz713
                    ... Aren t they though? But they ARE the truth, believe me, don t believe the apologists whatever you do. You would be HORRIFIED at how executives and managers
                    Message 9 of 10 , Nov 10, 2009
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                      --- In ibmpension@yahoogroups.com, w2uhabud@... wrote:
                      >
                      > i was not entitled to the pension increase last year, guess been retired
                      > too long, yes it is hard to imagine the IBM i retired from in 1985 is not the
                      > same IBM in 2009, the comments i read are almost unbelievable,


                      Aren't they though? But they ARE the truth, believe me, don't believe the apologists whatever you do.

                      You would be HORRIFIED at how executives and managers and team leaders treat the worker bees.

                      Horrified.

                      But isn't it nice to be rid of IBM?

                      Believe me, it's the best place in the world to be, rid of IBM, even WITH the specter of no COLA and no medical when one needs it most, thank you IBM.

                      THAT'S how bad IBM 2009 is.








                      although my
                      > medical options have changed an become more costly over these 24 years they
                      > are manageable at this time but who knows what the future will bring
                      >
                      >
                      > [Non-text portions of this message have been removed]
                      >
                    • retired_in_89
                      I do believe that you hit upon the real truth as to why we were not entitled to the pension adjustment last year. We have outlived the predictions of the
                      Message 10 of 10 , Nov 11, 2009
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                        I do believe that you hit upon the real truth as to why we were not entitled to the pension adjustment last year. We have outlived the predictions of the actuaries of the 1980's and now IBM is teed off at us. :-)



                        --- In ibmpension@yahoogroups.com, w2uhabud@... wrote:
                        >
                        > i was not entitled to the pension increase last year, guess been retired
                        > too long, yes it is hard to imagine the IBM i retired from in 1985 is not the
                        > same IBM in 2009, the comments i read are almost unbelievable, although my
                        > medical options have changed an become more costly over these 24 years they
                        > are manageable at this time but who knows what the future will bring
                        >
                        >
                        > [Non-text portions of this message have been removed]
                        >
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