Posted on 11/08/2013 6:43:37 PM PST by markomalley
A 75 y/o man has his premium for his drugs go from $7.50 to $54.00. That is an increase of 720%.
I suspect that he also voted for Obama, but this kind of increase isn’t good for many of us who are now on Soc Sec.
I earned $52.00 a week for a full 40 hours when I started work at 17. My Soc Sec isn’t very much- as most of us worked at or just above minimum wages for years. We managed to buy cars—own our own houses—pay our taxes & lived a decent if not lavish life.
Many of us never worked where a pension was offered. So, we are dependent on Soc Sec. I happen to own my property- and all my vehicles, furniture, etc. However, I also don’t have medical issues. I take no chronic prescriptions and I don’t see a doctor on any kind of regular basis. I manage to do all my ranch chores each day & I don’t spend money on eating out, etc. I watch grocery ads & buy when things are on sale & I can put them into the freezer.
I also have voted Republican since I turned 21, and while I suspect that many in NJ voted for Obama-—the AARP was a treasonous organization that sent tons of brochures to seniors telling them to vote for Obama & that they would have such wonderful medical care under this health plan.
They should be put out of business for their actions, which many seniors swallowed. I won’t have anything to do with them.
Insurance companies are given a set amount of money for each person they sign up for Medicare Advantage. Some rumors put the figure at $100,000... a year per person... Any money the 'Advantage' plan doesn't spend on the person, they get to keep. It's why they advertise everywhere... it's one big cash cow with perverse incentives ...
Why a cash cow?
Because boomers are still in their sixties and younger. Not a time when medical care is costly (compared to what it will be in 10 years.)... Advantage programs can dump promises every year and it's totally legal. IN the mean time sane insurance plans like the medi-gap 'F' plan (yes, it pays excess charges - which will keep a person from going broke when they have medical needs) will become unavailable to the elderly.
One perverse incentive in the Advantage plans is to deny expensive medical care - care like operations... and to instead offer a pill... remember, 'the plan' gets to keep ALL money not spent on a person in any given year... Same for the 'doctors' they hire... Any money NOT given to a doctor is money the Insurance company gets to keep. Doctors working for salary might not be the top of the class guys... plus if they ask for too many high cost items for the patients they'll be replaced. Incentives work that way... it's what makes some 'perverse'.
Obama's reducing what he's paying insurance companies who deal in Advantage' to help the ObamaCare scam look better... The goal appears to be for the US Government to take a large cut of health care dollars. Take those dollars - skimming them from citizens, Insurance companies, doctors, health care providers etc. and keeping the money for themselves... and the dependent ones who keep them in office. These are liberal elites at their worst.
Edward Schokowitz’s problem is where he lives. He lives in New Jersey. Were he to leave and move to a region of sanity, there would be a $0/month Medicare advantage policy.
In a man bite’ s dog story, my medicare $0 per month policy is no good. My Doctor refused to renew the 2014 contract with United. I must now choose a new policy from Humana or Blue cross.
Insurance companies are given a set amount of money for each person they sign up for Medicare Advantage. Some rumors put the figure at $100,000... a year per person... Any money the 'Advantage' plan doesn't spend on the person, they get to keep. It's why they advertise everywhere... it's one big cash cow with perverse incentives ...
Why a cash cow?
Because boomers are still in their sixties and younger. Not a time when medical care is costly (compared to what it will be in 10 years.)... Advantage programs can dump promises every year and it's totally legal. IN the mean time sane insurance plans like the medi-gap 'F' plan (yes, it pays excess charges - which will keep a person from going broke when they have medical needs) will become unavailable to the elderly.
One perverse incentive in the Advantage plans is to deny expensive medical care - care like operations... and to instead offer a pill... remember, 'the plan' gets to keep ALL money not spent on a person in any given year... Same for the 'doctors' they hire... Any money NOT given to a doctor is money the Insurance company gets to keep. Doctors working for salary might not be the top-of-the-class guys... plus if a plan doctor asks for too many high cost items (MRI's specialists etc) for the patients they'll be replaced. Incentives work that way. It's what makes some 'perverse'.
Obama's reducing what he's paying insurance companies who deal in Advantage' to help the ObamaCare scam look better... The goal appears to be for the US Government to take a large cut of health care dollars. Take those dollars - skimming them from citizens, Insurance companies, doctors, health care providers etc. and keeping the money for themselves... and the dependent ones who keep them in office. These are liberal elites at their worst. There is no free lunch... And all the above is in my humble opinion... I'm open to any facts and corrections freepers have...
we have SCAN which is a non profit Advantage plan and they not only have top doctors but you can even have services not within the plan.
I had Cyberknife to cure my lung cancer and they paid 100% of it and all I have had to ever pay was a co pay for the PET scans.
They did increase the co pays for next year to cover what obama stole, but not that much.
yes the MA plans offer all sorts of incentives to the members and most if not all health plans offer some type of incentives to DR's for good outcomes some by quarter some at yr end.
I have never denied a payment to a dr or hospital for any surgery.
SCAN sounds great if they’re covering so much... What I’m talking about is the direction and power of incentives...
Based on what I’ve seen so far,my first instinct is that Obama,Gruber,Pelosi,& many,many others need to be taken out & publicly beaten like rented mules for what they have done to our health care industry. The health care thing is only a portion of the problems they’ve created,but is a place to start.
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