Talk of The Villages Florida - View Single Post - Advantage plans cost more than regular Medicare
View Single Post
 
Old 07-08-2022, 01:38 PM
DDToto41 DDToto41 is offline
Member
Join Date: Apr 2020
Location: Village of Liberty Park
Posts: 66
Thanks: 1
Thanked 23 Times in 17 Posts
Default

Quote:
Originally Posted by retiredguy123 View Post
I don't know where to start. Have you considered the Federal salaries and benefits to process all of the Medicare Part B claims? And, have you considered that the Medicare Advantage plans are managed by private companies who have a profit a motive to reduce fraudulent claims? What incentive do Federal employees have to deny fraudulent claims? And, have you considered the fact that a patient, who has Medicare Part B and a Medicare supplement has no copay and, therefore, has no incentive to shop for the lowest cost option, and no incentive to reduce treatments or expensive medical supplies or devices. Medicare Advantage plans have all of these incentives to moderate the cost of medical care.
Lets start by saying United Healthcare had an advertisement on tv that said they have 70,000 people to help 70,000,000 customers. At an average of $50,000 each that means $3,500,000,000 is paid out in wages before they pay anything else. For them to make a profit what will yours or the governments cost be?