Medicare Part A (the hospital part) is still attractive for senior citizens because:
1. The hospitals generally take it,
2. There’s no premium after you turn 65, and
3. It satisfies the Obamacare requirement for coverage (i.e., no penalty).
Medicare Part D (the drug part) is worth taking because the premium is low.
Medicare Part B (the doctor part) may not be worth taking. Signing up with a doctor’s practice for concierge care may turn out to be better. Doctors like it because it’s not regulated by the gov’t, and doctors can charge less because there’s not all the red tape. Plus, you may not be able to get a doctor to take Medicare Part B.
I think concierge care will really take off in the future.
If you get really sick, hospital costs are usually by far the biggest expense, and as of now, Medicare Part A is still accepted.
Good info about the Medicare Parts and concierge care...hadn’t heard of that.
Bump fr later