It looks like you're using an Ad Blocker.
Please white-list or disable AboveTopSecret.com in your ad-blocking tool.
Some features of ATS will be disabled while you continue to use an ad-blocker.
posted by pavil
Medicare is going to be put under tremendous strain as the boomers start using it, to think otherwise is just foolish. There needs to be reform with all medical insurance IMO and probably one of the easiest ways to reduce costs is to just streamline the whole billing and invoicing process. The paperwork for that now accounts for, I'm just guessing but I know I am in the ballpark anywhere from 12-20% of the actual bill.
Want a shock, see how much a doctor will charge for a procedure or test through Medicare or any Health Insurance then go to another doctor and tell them you will be paying cash out of pocket for the same procedure. The difference in the amounts is rather significant. Your Insurance will pay the doctor 600 for a MRI where the doctor might only charge 400 if you have no insurance and pay cash. How messed up is that?
As for Medicare Part D, I am quite familiar with it and sure it's not perfect, but it is just as surely, better than what many had prior to it, which was basically nothing. You say there is only 6 plans in Jacksonville yet I see over 57 on Medicare's website and many of them are much better in price than here in Michigan.
Most people I have helped with Part D have saved about $500 -$1000 a person over what they were paying previously for their medicine. Some couples I have helped have saved in excess of $6,000 in just one year. Without the Donut hole gap in coverage Part D, which is already the largest new entitlement in Medicare, would have totally torpedoed the Budget without the money coming from somewhere else in cuts or new taxes. Competition does seem to have reduced the overall costs of Part D. Say what you will, but overall Seniors overwhelmingly approve of Part D, even though it could be better. If you think Medicare is messed up now just wait about 5-7 years when the boomers start hitting it big time.
In my professional opinion your are paying $38 too much. At the Least you should review your Part D every year, sure it's a headache but you can save substantial dollars by doing so. You should be able to get your drugs from the VA for at most $8 a script without even being on Part D. I have helped numerous Veterans that way. Your situation may be different but I doubt it. U2U me if you want more info.
Originally posted by donwhite
I have been with the same company and have found it satisfactory and so for me. I’ve had no reason to hunt for another company. I’m paying $38 a month. Anyone reading this should look it up for himself or herself.
These variations in coverages and wide disparities in premiums should not be happening.
Yes, as the 55 million baby boomers come on-line, and everyone is living longer, the system as currently operated and financed is not going to be sustainable without drastic reform in delivery and costs incurred there or in financing. Or a combination of both.
I do not see any place in the mid-term future for private capital in the health care delivery system.
posted by jsobecky
donwhite and pavil
Nice overview of Medicare and Medicaid, guys. This affects each and every American in one way or another. Unfortunately, most people's knowledge of their health care system is limited to a desire for a socialized medicine system, because of the perceived "free cost".