I read Mark many times in Morningstar. This year I turned 65. 8 months before 65, I started getting mail 2-3 week about getting ready to sign up for Medicare A&B. 2 months before I started getting more mail 4 days a week. Now Im getting almost everyday. I turned 65 and signed up for Medicare A. I declined Medicare B. I am a retired Fed and have FEHB for the rest of my life. So will my spouse under my coverage. Here is what I don’t get. How many people feel the are pressured or lied to or purposely manipulated with fear in order to get you to pay for Medicare B, C, D or Gap coverage? Even my FEHB provider GEHA sends me advertisement to sign up for additional coverage with of course additional premiums. Anyone else question why we are manipulated in this way? Why cant the industry honestly say YOU don’t need Medicare B because you earned coverage through your pension? Save your money.
Mark Miller sounds like you are throwing Medicare Advantage plans under the bus if people are older or sick? Versus what? Original Medicare has no cost containment - you are on the hook for 20% of the bill. Medicare Advantage plans have MOOP - maximum out of pocket - which protects someone from sky high bills by capping the annual maximum out of pocket. MedSup plans are great, but they go up every year and get very pricey when someone is 80 or 90 years old. If they get really sick their costs are covered, but they also paid in potentially a lot of money over the years when they were healthy.
So...what can WE, the people do about it? Probably nothing! Not right to be able to change Traditional Medicare but they'll do whatever they want to do and we'll HAVE TO GO ALONG WITH IT!!
presume some analysis has been performed on where each health care $$ ends up in the US, and which of those $$ do not directly contribute to quality health care outcomes. How does this change redirect $$ flows away from activities that do not directly contribute to quality outcomes? I am deeply concerned with private equity’s interest, since lip service aside, they have zero interest in improving patient health care access. Steps that make health care delivery unattractive to private equity should be considered, maybe including a reimbursement schedule that makes reimbursement amounts inversely proportional to provider size.
I am wondering if this is why there has suddenly been so much advertising in the SF Bay Area from One Medical encouraging those on Medicare to join their plan. Are they a DCE or ACO?
I read Mark many times in Morningstar. This year I turned 65. 8 months before 65, I started getting mail 2-3 week about getting ready to sign up for Medicare A&B. 2 months before I started getting more mail 4 days a week. Now Im getting almost everyday. I turned 65 and signed up for Medicare A. I declined Medicare B. I am a retired Fed and have FEHB for the rest of my life. So will my spouse under my coverage. Here is what I don’t get. How many people feel the are pressured or lied to or purposely manipulated with fear in order to get you to pay for Medicare B, C, D or Gap coverage? Even my FEHB provider GEHA sends me advertisement to sign up for additional coverage with of course additional premiums. Anyone else question why we are manipulated in this way? Why cant the industry honestly say YOU don’t need Medicare B because you earned coverage through your pension? Save your money.
Mark Miller sounds like you are throwing Medicare Advantage plans under the bus if people are older or sick? Versus what? Original Medicare has no cost containment - you are on the hook for 20% of the bill. Medicare Advantage plans have MOOP - maximum out of pocket - which protects someone from sky high bills by capping the annual maximum out of pocket. MedSup plans are great, but they go up every year and get very pricey when someone is 80 or 90 years old. If they get really sick their costs are covered, but they also paid in potentially a lot of money over the years when they were healthy.
So...what can WE, the people do about it? Probably nothing! Not right to be able to change Traditional Medicare but they'll do whatever they want to do and we'll HAVE TO GO ALONG WITH IT!!
presume some analysis has been performed on where each health care $$ ends up in the US, and which of those $$ do not directly contribute to quality health care outcomes. How does this change redirect $$ flows away from activities that do not directly contribute to quality outcomes? I am deeply concerned with private equity’s interest, since lip service aside, they have zero interest in improving patient health care access. Steps that make health care delivery unattractive to private equity should be considered, maybe including a reimbursement schedule that makes reimbursement amounts inversely proportional to provider size.
I am wondering if this is why there has suddenly been so much advertising in the SF Bay Area from One Medical encouraging those on Medicare to join their plan. Are they a DCE or ACO?