I pay $48/month for a high deductible Plan G Medigap that caps my out-of pocket cost at $2,700 for 2023. Maximum out-of-pocket cost for the lowest-premium Medicare Advantage plans is $8,300 for 2023 (it may be even more if you went “out-of-network” to get any care). They have to fund that extra 15% that gets skimmed off to the insurers’ overhead & profit somehow. There’s no free lunch in finance.
{{{ In 2023, the out-of-pocket limit for Medicare Advantage plans may not exceed $8,300 for in-network services and $12,450 for in-network and out-of-network services combined. These out-of-pocket limits apply to Part A and B services only, and do not apply to Part D {prescription drug} spending, … }}}
I’ll guarantee you that the people buying these Medicare Advantage scams aren’t reading the fine print. {{ LOL }}
intercst