My first exposure to an "Advantage" program was when a friend bought one way back in the 80's. He described how Humana used his Medicare premium and assumed his costs for the year from then on. Six months later they went bust. From that time on, numerous advantage plans failed. The insurance companies must have figured out how to make money from advantage plans over the years. It seemed that about the time Villages Health adopted the UHC Advantage model around 2016, the Federal Gov't. appeared to "bless" Advantage plans. Why not, as they shift the risk to the insurance companies.
Here's hoping the Gov't doesn't disown Original Medicare for us who still use it. I found out that we will save $400/yr by switching to Plan G from Plan F.
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