I am most definitely not a Medicare expert but I can certainly understand why they are doing what they are doing. As I understand it, and someone correct me if I am wrong, if you enroll in an MA plan then the plan gets up to $18K/year from Medicare plus your $122/month (??) plus what would be the approximate monthly cost of a supplemental plan and then the plan doesn't have to deal with Medicare anymore. They can attempt to "manage" your benefits by restricting the pool of providers. So, if you have minimal health issues, the MA plan can make money since they keep the $18K and monthly charges. Obviously they are also accepting the risk of unhealthy patients since they now "own" all the costs.
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Originally Posted by 2BNTV
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I have noticed the big change in the way insurance companies do business over many years. When my friend tells me what he pays for insurance for a family of four in a corporate structured environment, (we worked for the same company). I fondly think of the day when we paid almost nothing, for the same coverage.
I lament TVH doesn't take original Medicare with a supplement, as they say they won't be able to spend the extra time with patients and it's not economically feasible, as they need to make a profit.
Wouldn't it be nice to complain and have it heard, "from our lips to GOD's ears".
As the kids today says, "it is, what it is". |