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Originally Posted by rustyp
A complete overabundance of misleading to outright false information about advantage plans being posted here. Let's clarify one of the biggest fallacies - you can't go back to Medicare. You can always go back to Medicare in the fall at enrollment time. No questions asked. Supplemental is a different story. Pay attention to the overwhelming majority of doomsday reporters of Advantage Plans. They never had one. Unlike many advantage plans enrollees had Medicare first and switched. Go to SHINE and get the straight story. 48% of Medicare eligible seniors are on Advantage plans. That percentage is increasing year over year.
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Before one gets too excited about how wonderful Medicare Advantage is, they may want to perform an online search how $307 billion has been moved away from Medicare Advantage and is to be used to fund other “special projects”. Cuts to Medicare Advantage may be coming.
Announced in January, a new “advance notice rule” proposing to cut funds for Medicare Advantage in a move that could cost seniors up to $540 per year in benefits.