[OrangeBlossomBaby]

Originally Posted by tophcfa

So you want insurance with free handouts, zero premiums, and a rebate?

People seem to think that Medicare Advantage is free. No idea why they think that. We have to pay the Part B premium, it comes out of our social security check.

My current plan actually kicks $45 back every month, so it's the $208-45 or whatever the premium is.

But most Advantage plans don't kick anything back and you pay in the full amount, every month.

[kingofbeer]

Originally Posted by Mrfriendly

You’re welcome from a 70 year-old taxpayer still on company medical plan.

How is that possible? If you are over 65, you sign up for medicare.

[kingofbeer]

Originally Posted by elle123

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

I disagree with this statement.
"The interests of insurance companies to maximize profits supersedes their focus on actually ensuring seniors and people with disabilities get health care."

[elle123]

Originally Posted by Nordhagen

What $90?

If you didn't get it via mail or direct deposit you have Advantage Medicare.

[biker1]

If you are still working and the size of the company is 20 or more employees then you can stay with the company health insurance and delay signing up for Medicare, without penalty. If the company is less than 20 employees you will typically enroll in Medicare at age 65.

Originally Posted by kingofbeer

How is that possible? If you are over 65, you sign up for medicare.

[biker1]

...or you are paying an IRMAA surcharge.

Originally Posted by elle123

If you didn't get it via mail or direct deposit you have Advantage Medicare.

[kingofbeer]

Originally Posted by MX rider

People on advantage plans know what they are and many did their research just like we did. We checked ratings and providers, talked with people on the plan, and even talked to SHINE. Who btw, said it was a good option.

Cost was not the only factor. Dental, vision and the wellness benefits were important to us.

We don't need a lecture from people on regular Medicare about how we shouldn't like our ma plans. The vast majority of people we know on a ma plans are happy with them.
And some people we know have major medical issues. We're well aware of the restrictions and copays.

But for us, we don't pay near what Medicare and a suupplement costs until we need it. With medicare you pay up front weather you use it or not. We just pay as we need it. Our yearly out of pocket is $2900, which is very managable for us.

We've been happy with our choice. Medicare is not a one size fits all.

Yes. Dental coverage is great. My advantage plan pays up to $4,000. My dentist is excellent. If you have underlying health conditions, you may want to stick with traditional medicare because getting referrals with an HMO take time and are frustrating.

[kingofbeer]

Originally Posted by bonbonn

You will get the 5,000 when republicans win

In other words, we will not get $5000. Thank you for the clarification.

[kingofbeer]

Originally Posted by OrangeBlossomBaby

People seem to think that Medicare Advantage is free. No idea why they think that. We have to pay the Part B premium, it comes out of our social security check.

My current plan actually kicks $45 back every month, so it's the $208-45 or whatever the premium is.

But most Advantage plans don't kick anything back and you pay in the full amount, every month.

Every medicare enrollee pays the Medicare Part B premium whether they are on traditional or medicare advantage.

[kingofbeer]

Originally Posted by biker1

If you are still working and the size of the company is 20 or more employees then you can stay with the company health insurance and delay signing up for Medicare, without penalty. If the company is less than 20 employees you will typically enroll in Medicare at age 65.

I stopped working at 65. Was waiting for my medicare to kick in.

[kingofbeer]

Originally Posted by biker1

If you are still working and the size of the company is 20 or more employees then you can stay with the company health insurance and delay signing up for Medicare, without penalty. If the company is less than 20 employees you will typically enroll in Medicare at age 65.

I find the medicare advantage coverage better than any company medical insurance plan that I have ever had. I suspect the OP is not looking at the details.

[biker1]

It varies depending on the company. I never found that to be true. The health insurance plans where I worked were great deals.

Originally Posted by kingofbeer

I find the medicare advantage coverage better than any company medical insurance plan that I have ever had. I suspect the OP is not looking at the details.

[kingofbeer]

Originally Posted by biker1

It varies depending on the company. I never found that to be true. The health insurance plans where I worked were great deals.

That is the not the case today for most company plans today which is what is being discussed. Not plans from 10 or 20 years ago.

Here is what AI says:
Single Coverage: Employers typically pay about 84% (around $7,885 per year), while the employee pays about 16% (around $1,440 per year, or $120 per month).
Family Coverage: Employers typically pay about 74% (around $20,143+ per year), while the employee pays about 26% (ranging from $6,850 to $7,471 per year, or roughly $571 to $622 per month).

[biker1]

You gave an anecdotal story about an employer insurance and I replied. At no point did I say my experience was typical. The thread topic was the $90 refund.

Originally Posted by kingofbeer

That is the not the case today for most company plans today which is what is being discussed. Not plans from 10 or 20 years ago.

Here is what AI says:
Single Coverage: Employers typically pay about 84% (around $7,885 per year), while the employee pays about 16% (around $1,440 per year, or $120 per month).
Family Coverage: Employers typically pay about 74% (around $20,143+ per year), while the employee pays about 26% (ranging from $6,850 to $7,471 per year, or roughly $571 to $622 per month).

[CoachKandSportsguy]

Originally Posted by kingofbeer

How is that possible? If you are over 65, you sign up for medicare.

68+ on free medicare plan, and still on corp plan, not on SS yet

Medicare is not mandatory, just comes with penalties if late without a valid reason.

Coachk not on medicare, not on SS, still working and on corp plan.

Maybe you understood a marketing generalization with some FUD?