Medicare is not “one-size-fits-all”
When you reach the age of being eligible for Medicare, it is reasonable to assume the Medicare system is set up in a way to protect you from making a decision that could permanently reduce your Medicare benefits or force you to pay much more for your health care than your friends, neighbors and others just like you.
Your assumption, while very reasonable, would also be very wrong.
The federal government, in order to save money, has allowed private insurance companies to prey on people going on Medicare in the form of for-profit, restricted-access Medicare Advantage plans. These Medicare Advantage plans from big insurance companies such as Kaiser Permanente and Humana make huge profits by rationing expensive health care and thereby spending less on the health care the person on Medicare needs.
The federal government allows this to happen because the big insurance companies gladly refund a small part of their income from these plans back to the federal government in what is essentially a legal kickback. The federal government also collects more in taxes when these companies make huge profits off of people on Medicare.
As you can expect, the losers in this system are the people on Medicare who unwittingly assume the federal government would be on their side.
When someone going on Medicare enrolls in a private, for-profit, restricted-access Medicare Advantage plan, they are perhaps permanently assigning the Medicare dollars they have earned through their lifetime of hard work to a private company who can then refuse to cover the same services real Medicare would have covered.
The Medicare member is then left without the health care they need to have the best chance for the best health outcome when they are sick.
The results can be catastrophic and even fatal.
Can you imagine having a life-threatening cancer and being in a Medicare Advantage plan that selects the cancer treatment you can receive based on the cost of the treatment rather the likelihood to save your life?
Medicare Advantage plans are doing that every day to someone just like you and can do it to you if you make a bad Medicare choice.
When you first go on Medicare, you owe it to yourself and your loved ones to fully understand how Medicare works and what your options are with Medicare.
You owe it to yourself to understand how bad choices you make when you first go on Medicare can be choices you may not be able to correct later.
However, there is good news. If you make the right decision when you first go on Medicare by staying with real Medicare, you can secure your access to the best healthcare possible the rest of your life with no unexpected costs if you have a serious illness or accident.
You will be able to receive care from whichever doctor or hospital you believe gives you the best chance for the best health outcome and not worry about thousands or even tens of thousands of dollars in unexpected costs.
I would appreciate the opportunity to help you fully understand how Medicare works and what your options are with Medicare so you can make the right Medicare choice for you both now and the rest of your life.
Simply click the following link to schedule a free, no-obligation 30-minute Medicare consultation.
I look forward to talking with you soon.