How Medicare Advantage Costs Taxpayers — and Retirees

Investment Analysis Clubs Macro Economic Trends and Risks
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… understanding the arithmetic will set you free. They’re keeping you distracted by chasing down a few Somalis in Minnesota, while well-connected crony capitalists are bleeding the Treasury dry.

{{ With private insurers set to receive $1.2 trillion in excess payments by 2036, retirees may soon face a reckoning over costs and coverage. }}

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Medicare Advantage costs are already up this year. No change in premium but higher copay for specialist visits and deductible added on drugs.

Costs continue to rise. Someone has to pay. Negotiated reductions in drug prices not yet in the Medicare advantage numbers.

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Probably the least of the problems attached to choosing a Medicare Advantage plan.

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John Oliver covered many (most?) of the problems last fall:

It’s kinda sad that we have to rely on comedians to give us accurate information, and do deep dives. The short version is “avoid MA plans”.

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