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Old 06-22-2009, 01:40 PM
Status: "0-0-2 Game On!" (set 12 days ago)
 
Location: The beautiful Rogue Valley, Oregon
7,328 posts, read 15,384,575 times
Reputation: 9547

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Quote:
Originally Posted by njmike View Post
That's outragous. What would happen if you were medically disabled and needed constant doctor/hospital care?
We'd have to run through our savings, sell the house and apply for state assistance.
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Old 06-22-2009, 01:48 PM
 
Location: The REAL WORLD.
21,220 posts, read 5,638,072 times
Reputation: 9407
Quote:
Originally Posted by PNW-type-gal View Post
We'd have to run through our savings, sell the house and apply for state assistance.
It's ashame we can't get coverage similar to what they have in Europe and Canada.
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Old 06-22-2009, 02:48 PM
 
Location: We_tside PNW (Columbia Gorge) / CO / SA TX / Thailand
22,696 posts, read 40,074,231 times
Reputation: 23854
Quote:
Originally Posted by njmike View Post
It's ashame we can't get coverage similar to what they have in Europe and Canada.
There will need to be some options for coverage, as employers (and ex-employers) vanish. Stuff is hitting the fan as we speak

I do regret that I missed benefits by 6 weeks after 32 yrs of service, but when they pull the plug... you go down the drain. It was such a good employer for 28 of those 32 yrs, and not a clue it would all 'blow-up'... but just 'one-of-many' at this point.

I do have 'stop-gap' in the form of LTC, as family history indicates HIGH probability of needing it before age 60... But... that is not really 'medical' coverage, basically 'extended-stay' benefit.

regret #54... not identifying and BUYING (Financing for 4.2%) a very small, but potentially permanent future home in a VERY cheap locale. BEFORE getting axed.

#55 not having full replacement income w/ inflation protection; such as positive cash flowing investment properties (I DID have, but am currently out of the market and have paid gains, now to get back in...)
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Old 06-23-2009, 04:31 AM
 
Location: DC Area, for now
3,517 posts, read 12,063,187 times
Reputation: 2141
Quote:
Originally Posted by StealthRabbit View Post
There will need to be some options for coverage, as employers (and ex-employers) vanish. Stuff is hitting the fan as we speak

I do regret that I missed benefits by 6 weeks after 32 yrs of service, but when they pull the plug... you go down the drain. It was such a good employer for 28 of those 32 yrs, and not a clue it would all 'blow-up'... but just 'one-of-many' at this point.

I do have 'stop-gap' in the form of LTC, as family history indicates HIGH probability of needing it before age 60... But... that is not really 'medical' coverage, basically 'extended-stay' benefit.

regret #54... not identifying and BUYING (Financing for 4.2%) a very small, but potentially permanent future home in a VERY cheap locale. BEFORE getting axed.

#55 not having full replacement income w/ inflation protection; such as positive cash flowing investment properties (I DID have, but am currently out of the market and have paid gains, now to get back in...)
What we are seeing is a full on failure of the US system for both retirement and health care. Leaving it all in the hands of corporate America didn't work. But then there are still lots of people who believe that if you got axed, it was all your own fault and if you can't afford health care because of it, that's your fault too and you should die from your ailments. They don't actually say it that way - they obfuscate it with all kinds of other double-speak, but that is at the heart of the conservative argument for the "free" market.

Economically, what we have done is put the US at a competitive disadvantage to the rest of the industrial world by our refusal to centralize health care and lift the burden from the Corporations or leave people with any at all. But we just can't get over this idea that if you find yourself in a position where your employer won't pay and you can't pay, then it is just your own fault and you should suffer the consequences...
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Old 06-24-2009, 06:19 AM
 
5,825 posts, read 13,337,677 times
Reputation: 9304
Quote:
Originally Posted by njmike View Post
It's ashame we can't get coverage similar to what they have in Europe and Canada.
Friends who came to the US from UK and became citizens claim socialized medicine is terrible. Elderly mother died because she had to wait several months for surgery. One of the reasons they came to the US was the healthcare.
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Old 06-24-2009, 07:04 AM
 
Location: Forests of Maine
30,721 posts, read 49,529,915 times
Reputation: 19162
Quote:
Originally Posted by Ellwood
Friends who came to the US from UK and became citizens claim socialized medicine is terrible. Elderly mother died because she had to wait several months for surgery. One of the reasons they came to the US was the healthcare.
I agree.
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Old 06-24-2009, 10:08 AM
 
Location: The REAL WORLD.
21,220 posts, read 5,638,072 times
Reputation: 9407
I've been looking into multi-day tours through the local Trailways line. The only problem is the prices are based on double occupancy.
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Old 06-24-2009, 09:22 PM
 
3,959 posts, read 3,274,332 times
Reputation: 11395
I for one have no regret, I, like so many American's, despised my job. In retirement you can get focused again on life as you like it, yes, we have to work to get some retirement but there has to be an end to the madness of the modern world of work. I am more relaxed now, not fighting traffic every day is just one of the perks of letting go of work, there is a ton more, but I'm sure it differs enough with each person to try and add them all up here.

I've been retired almost two years, and the time is flying by, one more reason to slow down and appreciate the last years of life. I'm hoping to expand on the daily routine and get into some community service things, just as a way to meet others who are in this part of life also. The folk's who are still needing their bling will probably never retire, I will live the most frugal of lives to insure my status as one of the lucky few, to live in retirement...
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