medigap plans pick up costs medicare alone doesn't cover. if you become sick and need a significant amount of medical care dropping your medigap policy could leave you with crippling medical bills. you might want to talk with someone who can walk through the details of your specific situation to determine the best course of action but relying on your own savings to cover big medical bills -- especially as we age -- is more often than not a recipe for financial ruin. to get personalized assistance search medicare. gov for a counseling program in your area.
i will get a $3000 subsidy for a medigap or advantage policy each year from my employer until my death. . the number is cut to less than two-thirds ($1900) from now on to insure my wife after my death. should we self insure?