Editorials & Other Articles
In reply to the discussion: The Medicare Advantage ripoff every American should know about [View all]moose65
(3,169 posts)To me, it seems like it's another way to make us fight with each other, so that we don't fight the real enemy here: the for-profit insurance companies.
Thing is, these MA companies are overpaid so much that they can afford to throw people little bones here and there.
For example, the amount paid to Medicare Advantage per person was almost $12,000 in 2021. They get this amount whether the patient is sick or not, or if the patient has very little medical expense. Therefore, they target the younger set of Medicare enrollees, who have fewer expenses overall. And if they don't spend the entire amount on care, then guess what?? They get to keep the extra amount as pure profit to pay to their executives and share holders.
With that extra money, they are able to give a few more benefits, so that people will say "I love MY Advantage plan!!!!!"
And they continuously mislead people into thinking that MA is "just Medicare." If it's "just Medicare" then why isn't EVERYONE getting those dental and vision benefits??