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Medicare Adv and middle class
Posted by: Fritz
Date: November 24, 2023 11:24AM
Bipartisan anger aimed at Medicare Advantage care denials



!#$@@$#!

What if the hokey pokey really is what it’s all about?

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Re: Medicare Adv and middle class
Posted by: Ombligo
Date: November 24, 2023 12:09PM
Hardly surprising as there is no way the insurance companies can offer everything without cutting coverage in some manner.

From a consumer viewpoint, Advantage plans are great because they cost nothing compared to Medicare Gap plans while adding dental, eyes, etc. They seem perfect as long as you stay healthy. But as you age and become more likely to get a serious ailment, the shortcomings can quickly become evident and potentially life-threatening.



“No persons are more frequently wrong, than those who will not admit they are wrong.” -- François de La Rochefoucauld

"Those who cannot accept the past are condemned to revise it." -- Geo. Mathias

The German word for contraceptive is “Schwangerschaftsverhütungsmittel”. By the time you finished saying that, it’s too late
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Re: Medicare Adv and middle class
Posted by: JoeM
Date: November 24, 2023 01:35PM
I've always avoided Medicare Advantage plans. I think they're only useful if you are in excellent health and rarely need medical treatment or if you have financial issues and need to keep expenses low. It's basically HMO healthcare and I've never cared for HMOs.



JoeM
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Re: Medicare Adv and middle class
Posted by: Numo
Date: November 24, 2023 03:01PM
For those who haven’t signed up for Medicare yet, be aware that if you initially choose an Advantage Plan, you will have to qualify (have your medical history undergo scrutiny) to join a Medigap (non-Advantage Plan) later whereas if you initially chose a Medigap policy, you are guaranteed acceptance at the cheapest rate.



Edited 1 time(s). Last edit at 11/24/2023 03:02PM by Numo.
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Re: Medicare Adv and middle class
Posted by: JoeM
Date: November 24, 2023 04:58PM
Quote
Numo
For those who haven’t signed up for Medicare yet, be aware that if you initially choose an Advantage Plan, you will have to qualify (have your medical history undergo scrutiny) to join a Medigap (non-Advantage Plan) later whereas if you initially chose a Medigap policy, you are guaranteed acceptance at the cheapest rate.

Good point. It makes sense to start with “traditional Medicare” almost always.



JoeM
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Re: Medicare Adv and middle class
Posted by: bfd
Date: November 24, 2023 06:05PM
Quote
JoeM
Quote
Numo
For those who haven’t signed up for Medicare yet, be aware that if you initially choose an Advantage Plan, you will have to qualify (have your medical history undergo scrutiny) to join a Medigap (non-Advantage Plan) later whereas if you initially chose a Medigap policy, you are guaranteed acceptance at the cheapest rate.

Good point. It makes sense to start with “traditional Medicare” almost always.

There may be some underwriting issues for those who start out traditional, later adopt crispy, and then want to move back to traditional at some point.



Edited 1 time(s). Last edit at 11/24/2023 06:05PM by bfd.
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Re: Medicare Adv and middle class
Posted by: mspace
Date: November 25, 2023 09:56AM
My medicare agent explained to me that with Original, the government is connected to supply coverage.

With Advantage, the government is not connected anymore, and gives a supplement to the insurance companies to make up for it. If you do not have issues that use all the supplement, the insurance company gets to pocket what's left. They REALLY want you to do the Advantage plans for that reason.
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