Quote:
Originally Posted by rsmurano
I would never never go the Advantage plan route. If you are thinking about going this route, make sure you check these things out 1st:
1) something like 70% of medical procedures are not approved by the advantage provider. Since these policies are usually ran by insurance companies, they don’t approve medical procedures to save money. If you don’t believe this, check it out, and also look into why congress is looking into this. Why? Because Medicare doesn’t need approvals for medical procedures, so why do advantage plans?
2) I will always pay less with a supplement. No copays, $200 year deductible
3) once you are in the Advantage plan, you might never get into a supplement plan in the future. If you have any medical issues within the last 2 years, the supplement plans will not accept you. But when you turn 65, any plan has to accept you.
My insurance broker told me: if you can afford the supplement plan cost, keep it, this is the gold standard for Medicare coverage.
I agree!
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Well said. This should be a big red flag to the many Villagers who are not yet 65. I’m still several years away from Medicare age, but plan to transition to traditional Medicare at age 65, and stay clear of advantage plans. I’m amazed at how many people I run into here at The Villages who are under 65 like myself, but are still rather clueless about the differences between traditional Medicare and the advantage plans. They see these slick ads for advantage plans and all the “freebies”, and assume that is the way to go. For those still under 65, it’s imperative you do your homework, so you can make the proper decision as to what is best for you once you turn 65. I have heard too many stories how people loved their advantage plans until they got quite a bit into their 70s, and their health took a turn for the worst, and they wished then they had traditional Medicare.