That would make one hell of a trick question on AHIP. But since AHIP doesn't cover it you're probably going to get a lot of crickets.
But the answer is in your question.
A dying agents warning ‼️
- Thread starter Duaine
- Start date
But the answer is in your question.
Gwen Redington
Expert
And......that's why there's both Med Supps and MAPDs to choose from! Shocking how that works. Any agent who refuses to show both and give the pros and cons of both shouldn't be agents.
- 1,183
Agreed
I disagree.
I don't expect a McDonald's employee to direct me to consider the Five Guy's menu.
An unfortunate truth that is often ignored by those who have enjoyed good health . . . for those that find humor at the inability to pay MA copays & coinsurance
The likelihood of having problems paying medical bills or debt was significantly higher for older adults with Medicare Advantage than those with traditional Medicare. Differences in the percent with medical bill or debt problems were significant among those with income between 200 percent and 399 percent of FPL and not statistically significant for those with higher or lower incomes.
www.commonwealthfund.org
Among White Medicare beneficiaries under age 65, the rate of cost-related problems was higher among Medicare Advantage enrollees (48%) than among traditional Medicare beneficiaries with supplemental coverage (36%). In contrast to patterns observed for other findings, a larger share of White beneficiaries than Black beneficiaries in traditional Medicare who are under age 65 with disabilities reported cost-related problems, both overall (43% versus 26%) and among those with supplemental coverage (36% versus 19%). This may be because Black beneficiaries are more likely to be dually enrolled in Medicare and Medicaid, which provides relatively comprehensive supplemental coverage. These findings are significant at the bivariate level; however, we were unable to generate reliable multivariate estimates comparing cost-related problems by race for the subgroup of beneficiaries in fair or poor health by coverage type (i.e., Medicare Advantage and traditional Medicare) due to sample size limitations.
www.kff.org
Choosing between the two (MA or Medigap) requires careful consideration of your finances and health needs. And Advantage plans can carry hidden risks, especially for people with major health issues.
"Some people in Medicare Advantage end up paying unexpectedly high costs when they become ill or find their network lacks the providers they need," says Tricia Neuman, senior vice president at Kaiser.
www.kff.org
The likelihood of having problems paying medical bills or debt was significantly higher for older adults with Medicare Advantage than those with traditional Medicare. Differences in the percent with medical bill or debt problems were significant among those with income between 200 percent and 399 percent of FPL and not statistically significant for those with higher or lower incomes.
Medicare’s Affordability Problem: A Look at the Cost Burdens Faced by Older Enrollees
This brief examines the financial burden of care that people 65 and older face, and how it differs for people with traditional Medicare and Medicare Advantage.
Among White Medicare beneficiaries under age 65, the rate of cost-related problems was higher among Medicare Advantage enrollees (48%) than among traditional Medicare beneficiaries with supplemental coverage (36%). In contrast to patterns observed for other findings, a larger share of White beneficiaries than Black beneficiaries in traditional Medicare who are under age 65 with disabilities reported cost-related problems, both overall (43% versus 26%) and among those with supplemental coverage (36% versus 19%). This may be because Black beneficiaries are more likely to be dually enrolled in Medicare and Medicaid, which provides relatively comprehensive supplemental coverage. These findings are significant at the bivariate level; however, we were unable to generate reliable multivariate estimates comparing cost-related problems by race for the subgroup of beneficiaries in fair or poor health by coverage type (i.e., Medicare Advantage and traditional Medicare) due to sample size limitations.
Cost-Related Problems Are Less Common Among Beneficiaries in Traditional Medicare Than in Medicare Advantage, Mainly Due to Supplemental Coverage | KFF
This analysis examines health care cost-related problems among Medicare beneficiaries, comparing beneficiaries in traditional Medicare, including those with and without supplemental coverage, to those in Medicare Advantage, with a focus on racial equity. We compare rates of cost-related problems...
www.kff.org
Choosing between the two (MA or Medigap) requires careful consideration of your finances and health needs. And Advantage plans can carry hidden risks, especially for people with major health issues.
"Some people in Medicare Advantage end up paying unexpectedly high costs when they become ill or find their network lacks the providers they need," says Tricia Neuman, senior vice president at Kaiser.
Cost-Related Problems Are Less Common Among Beneficiaries in Traditional Medicare Than in Medicare Advantage, Mainly Due to Supplemental Coverage | KFF
This analysis examines health care cost-related problems among Medicare beneficiaries, comparing beneficiaries in traditional Medicare, including those with and without supplemental coverage, to those in Medicare Advantage, with a focus on racial equity. We compare rates of cost-related problems...
www.kff.org
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InsuranceGuy29
Guru
- 842
An unfortunate truth that is often ignored by those who have enjoyed good health . . .
The likelihood of having problems paying medical bills or debt was significantly higher for older adults with Medicare Advantage than those with traditional Medicare. Differences in the percent with medical bill or debt problems were significant among those with income between 200 percent and 399 percent of FPL and not statistically significant for those with higher or lower incomes.
Medicare’s Affordability Problem: A Look at the Cost Burdens Faced by Older Enrollees
This brief examines the financial burden of care that people 65 and older face, and how it differs for people with traditional Medicare and Medicare Advantage.
Among White Medicare beneficiaries under age 65, the rate of cost-related problems was higher among Medicare Advantage enrollees (48%) than among traditional Medicare beneficiaries with supplemental coverage (36%). In contrast to patterns observed for other findings, a larger share of White beneficiaries than Black beneficiaries in traditional Medicare who are under age 65 with disabilities reported cost-related problems, both overall (43% versus 26%) and among those with supplemental coverage (36% versus 19%). This may be because Black beneficiaries are more likely to be dually enrolled in Medicare and Medicaid, which provides relatively comprehensive supplemental coverage. These findings are significant at the bivariate level; however, we were unable to generate reliable multivariate estimates comparing cost-related problems by race for the subgroup of beneficiaries in fair or poor health by coverage type (i.e., Medicare Advantage and traditional Medicare) due to sample size limitations.
Cost-Related Problems Are Less Common Among Beneficiaries in Traditional Medicare Than in Medicare Advantage, Mainly Due to Supplemental Coverage | KFF
This analysis examines health care cost-related problems among Medicare beneficiaries, comparing beneficiaries in traditional Medicare, including those with and without supplemental coverage, to those in Medicare Advantage, with a focus on racial equity. We compare rates of cost-related problems...
Choosing between the two (MA or Medigap) requires careful consideration of your finances and health needs. And Advantage plans can carry hidden risks, especially for people with major health issues.
"Some people in Medicare Advantage end up paying unexpectedly high costs when they become ill or find their network lacks the providers they need," says Tricia Neuman, senior vice president at Kaiser.
Cost-Related Problems Are Less Common Among Beneficiaries in Traditional Medicare Than in Medicare Advantage, Mainly Due to Supplemental Coverage | KFF
This analysis examines health care cost-related problems among Medicare beneficiaries, comparing beneficiaries in traditional Medicare, including those with and without supplemental coverage, to those in Medicare Advantage, with a focus on racial equity. We compare rates of cost-related problems...
I mean, if they're having problems handling a low $3,200 MOOP (rough average of MOOPS) that only roughly 1.8% of people hit every year, then how are they gonna handle high monthly premiums from Medigap, PDP's, and Dental/Vision plans every month, that are rising every year?? Makes no sense to me. Just more fear mongering nonsense.
I just had to take a woman's mother off of the $354/month supplement she was on because the monthly premium was sending her to the poor house. Between that, the $45/month PDP, and the $43 dental/vision plan, I just saved her $442/month. You guys that don't offer Medicare Advantage have no clue what's even going on because you don't offer it. That's very evident by what you post.
I have never had one sick person when they become ill discover their "network lacks the providers they need." There are tons of high quality providers, in every category, in every plan I offer. Go with a good established company, pay attention to the star ratings, READ the individual star rating sections, and you won't have issues.
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This is the first AEP that nearly every single one of my med Supp clients has complained about their premium. With nearly 50% of them stating, if my premium keeps on going up, I'm going to have to seriously consider a MAPD.
Not one has changed this AEP, yet, but they are all curious about the switch. Once I mention "network" they'll say, nope, I don't want it. But, let's talk again next year after my next rate increase.
T65 Plan G is pretty much all over $200/month.
On the flip side, I've had a dozen or so MAPD clients ask about moving to a med Supp. I tell them it's great coverage and they can go to almost any doctor they want. A low DED and you're set. They have all said, let's sign up! How much is it? Ma'am, assuming you can get approved it's $250. Every single one of them has said, never mind.
Not one has changed this AEP, yet, but they are all curious about the switch. Once I mention "network" they'll say, nope, I don't want it. But, let's talk again next year after my next rate increase.
T65 Plan G is pretty much all over $200/month.
On the flip side, I've had a dozen or so MAPD clients ask about moving to a med Supp. I tell them it's great coverage and they can go to almost any doctor they want. A low DED and you're set. They have all said, let's sign up! How much is it? Ma'am, assuming you can get approved it's $250. Every single one of them has said, never mind.
I did.
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