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This is an odd rant. Medicare Advantage is simple - instead of getting regular Medicare (Part A,B and D) through the government (though Part D is always privat
by refurb 4y ago
This is an odd rant.
Medicare Advantage is simple - instead of getting regular Medicare (Part A,B and D) through the government (though Part D is always private), you elect for your Medicare dollars to be used as premiums for a private Medicare Advantage Plan that offers similar coverage.
Thats it.
It’s nice because it offers options. For some people with chronic conditions a MA plan might offer better coverage than regular Medicare for your treatment in exchange for less coverage in another area.
And it’s entirely the patient’s choice.
Don't like Medicare Advantage? Good, don't choose it.
- yuliyp 4y agoYeah the article spends a very long time ranting about... medical insurance as a concept. Which, yeah, there are lots of problems with medical insurance. The doom and gloom and scare words do a lot to mask some of the more interesting points that the author is making, such as the flaws with the risk score system and its enforcement.
- JoBrad 4y agoThe article was a bit of a rant. But the part that stuck out to me was the irreversibility of Medicare advantage, in some cases. That definitely excludes your last statement as a possible choice. If you’re battling a life-threatening disease, and are also facing overwhelming bills, being locked into a choice you made without realizing the full ramifications would make me rant, too.
- mehlmao 4y agoIf Medicare Advantage is good for its customers, they shouldn't need to trick people into signing up.
- refurb 4y agoThey dont trick anyone. Its very clear when you sign up what youre getting and that youre opting out of normal Medicare. And like i said it’s can be better thab normal Medicare for some people. Thats why they choose it.
- wideroots 4y agoThe fact that these privatized plans have "Medicare" and "Advantage" in their names tricks people regardless of their original intention.
- refurb 4y agoNo it’s not, its the literally the name the government gave those plans. “What is Medicare Part C? A Medicare Advantage Plan (like an HMO or PPO) is another Medicare health plan choice you may have as part of Medicare. Medicare Advantage Plans, sometimes called “Part C” or “MA Plans,” are offered by private companies approved by Medicare.” https://www.hhs.gov/answers/medicare-and-medicaid/what-is-medicare-part-c/index.html https://www.hhs.gov/answers/medicare-and-medicaid/what-is-me...
- JoBrad 4y agoPretty sure there was some bill-writing done by companies to call it that, though.
- wideroots 4y ago> No it’s not, its the literally the name the government gave those plans. Please re-read the article and my comment. Neither said anything about who named these plans. The fact is that the name itself is misleading people. Also, the article gives a few examples how the private insurance companies _tricks_ people to think that MA plans are always better. I worked at one of these big insurance companies, and we implemented products and worded things in a way to ensure that we increase the growth of the Medicare Advantage plans. At the time, I genuinely thought the Medicare Advantage plans were always better but that is not the case. It's actually very difficult to choose which one would be better and the fact that it's really hard to change exacerbates the situation. You don't have to agree with me. You are one of better people who can understand these plans better. Consider people with less education on this subject and have some empathy. You might think this differently.
- refurb 4y ago