Quote:
Originally Posted by janmcn
....Medicare Advantage Plans need to be cut. When they started, they were less expensive than regular medicare, but now they've become more expensive. Why should people in MA plans get free prescription drugs, free eye glasses, free dental, free gym memberships, etc. There are some plans that even pay for your transportation to and from doctor visits.
These MA plans have become big business. If they want to stay in business, they need to cut their services and cut their prices.
|
Yes, tax-exempt AARP is "big business", too, and they are certainly cashing in as Medicare Advantage plans are cut by $717 billion so those funds can be shifted toward paying for all the added enrollees going onto Medicaid.
"As a result of the new health care law, the Obama Administration estimates more than 7 million seniors will lose their current Medicare Advantage plans, resulting in a massive migration of seniors to Medigap plans.
AARP is the nation’s leading provider of Medigap plans and has a contract in which AARP financially gains for every additional Medigap enrollee.
Based on low, mid and high-range estimates,
AARP stands to financially gain, over and above the millions of dollars they currently receive from United, between $55 million and $166 million in 2014 alone as a result of new Medigap enrollees stemming from the health care law’s cuts to MA, which AARP strongly endorsed.
Under the midrange estimate and under their current contract,
AARP’s financial gain from the health care law could exceed $1 billion during the next 10 years. This is because AARP will see their royalty payments increase
as seniors are forced out of MA plans and buy AARP Medigap plans instead."
AARP
Congressional Report Details AARP's Financial Gain From Health Care Law
Congressional Report Details AARP