Quote:
Originally Posted by Rainger99
Medicare Advantage (MA) was designed with the intention of saving the government money compared to Traditional Medicare (TM).
However, that has not happened. MA costs significantly more per patient with estimates of $83 billion in excess spending in 2024 alone.
If the savings aren’t being realized, I would expect that MA would cut benefits such as vision, dental, health club membership, OTC benefits, etc.
For those with MA, at what point would you drop it because there is no advantage.
For those with TM, what additional benefits would you need to switch to MA?
|
You normally cannot drop Advantage plans. You can always change from traditional Medicare to an Advantage plan but not vice versa. Advantage plans are great until you need an expensive treatment and then the insurance companies will delay the treatment using prior authorization delays or denials. With traditional Medicare there is no prior authorization and you get your treatment right away.