Originally Posted by somarco
Just got off the phone with a guy, age 75 and good health (did not drill down). He has been on A and B plus wifes group plan for 10 yrs.
She will retire next year and he wants to know what their options are.
Will he have to go through underwriting since he has been on B for so long or does his group coverage (which is primary) take precedence?
The short answer is that anyone coming off group has a GI period. That said, will his wife have group coverage through her retirement? If so, then one of their options is to stay on the group retiree plan. In many cases this may be the better option. Also know that it's a one way trip out if indeed they have a group retiree plan offered.