This entry was posted on Tuesday, November 24th, 2009 at 3:30 pm and is filed under FYI. You can leave a response, or trackback from your own site.
About 660,000 people nationwide — or 7 percent of Medicare Advantage enrollees — are in plans that are set to close… Medicare Advantage enrollees who do nothing and remain in the same plan in 2010 will see their monthly premiums increase an average of 32 percent… Medicare Advantage plans are shifting more costs on to patients because the government will pay them about 4.5 percent less per enrollee in 2010 than it did this year
November 24th, 2009 at 3:54 pm
So much for the promise made during the campaign… “if you like what you have, you can keep it.”
November 24th, 2009 at 3:57 pm
The government’s attack on Medicare Advantage plans is short-sighted. In a very narrow sense, Medicare Advantage plans cost more than if their beneficiaries were in the traditional Medicare monopoly – $12 billion a year. However, because they negotiate contracts with providers they actually help relieve a bigger cost: the cost-shift or “hidden tax” that Medicare imposes on the privately insured by underpaying providers. This is about $49 billion: four times greater than the “extra” costs of Medicare Advantage (http://tinyurl.com/ydp6r3h).
November 24th, 2009 at 4:12 pm
What makes this so amazing is that the typical member of a Medicare Advantage program has the profile of a Democratic Party voter. They tend to be disproportionately below average income and disproportionately minority.
So think about what is happening. The Democrats in Congress rail against the insurance companies and insurance company profits and then what do they do about it?
They screw the beneficiaries, who happen to be their own voters!
November 24th, 2009 at 4:45 pm
Question: What has Congress got against the elderly?
November 24th, 2009 at 5:23 pm
It’s not the Medicare Advantage plans that are being assaulted. It’s senior citizens who are under attack.
November 25th, 2009 at 8:58 am
When are the seniors going to wake up and realize they have been sold out by AARP?
November 25th, 2009 at 3:09 pm
Seniors of the world unite. You have nothing to lose but your chains.