Talk of The Villages Florida - View Single Post - Original Medicare October $90 rebate
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elle123 elle123 is offline
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Quote:
Originally Posted by rustyp View Post
And that $90 did not amount to one month of a supplemental plan which the Medicare Advantage taxpayer did not have to purchase. Before you all go into the but you are restricted on an Advantage plans research the difference between a HMO and a PPO.
Medicare Advantage is privatized Medicare. Instead of traditional Medicare, where the federal government directly covers seniors’ health care, Medicare Advantage has the government give taxpayer funds to health insurance companies to manage people’s coverage. Each company gets a flat fee per enrollee — with higher payments for sicker enrollees — and the company profits by keeping the difference between the taxpayer funds they receive and what they spend on patient care.

The interests of insurance companies to maximize profits supersedes their focus on actually ensuring seniors and people with disabilities get health care