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Insurance Industries access Medicare via Advantage plans to provide competition......

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Klukie Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-07-09 10:41 AM
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Insurance Industries access Medicare via Advantage plans to provide competition......
Therefore the government is entitled to access the Insurance Industry via Public Option to provide competition.
Here are some links for those (like me) who didn't know the history of Medicare and all the parts.

The History of Medicare
http://www.emaxhealth.com/72/1272.html#


The History of Medicare – A Quick Look at How it Got Started
http://medicare-medicaid.com/medicare/the-history-of-medicare-a-quick-look-at-how-it-got-started/

Medicare Part C (Medicare Advantage) Managed Care Plans: How They Work
http://www.caring.com/articles/medicare-part-c


From Wikipedia....

Medicare Advantage plans are required to offer coverage that meets or exceeds the standards set by the original Medicare program, but they do not have to cover every benefit in the same way. If a plan chooses to pay less than Medicare for some benefits, like skilled nursing facility care, the savings may be passed along to consumers by offering lower copayments for doctor visits.
http://en.wikipedia.org/wiki/Medicare_(United_States)

In other words...they (the insurance companies) have the right to dictate how they cover benefits ....AKA screw the consumer (grandma and grandpa).
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MarjorieG Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-07-09 10:54 AM
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1. Bush version of Medicare that's costing us good health care and dollars.
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