“Back to Medicare a and b next year.”
be aware that if you do that, if you have serious pre-existing medical issues, that you won’t be able to purchase a Medicare Supplement to pay for the deductibles, copays, and 20% of everything else that A & B won’t pay for ... in the best case, if you CAN buy a supplement, it will cost more than if you had A & B and a supplement from day one.
most people don’t realize that Medicare Advantage plans are one gigantic trap, such that if that’s the way they go, it’s unlikely they can afford to change back to A & B ... all of those plans promise the world to get people to sign up, but once they sign up, they’re screwed ...
“most people don’t realize that Medicare Advantage plans are one gigantic trap”
And the company the government hired to review the claims appeals is owned by the Carlisle Group. Remember the investment firm that George Bush Sr. represented after he left the presidency. Ironic that his son started these “Advantage Plans.”
You are confusing Medicare Part A and Medicare Part B.
Your post was an accurate description of Part B but was not applicable to Part A.
“most people don’t realize that Medicare Advantage plans are one gigantic trap, such that if that’s the way they go, it’s unlikely they can afford to change back to A & B ... all of those plans promise the world to get people to sign up, but once they sign up, they’re screwed ...”
Well summarized, it’s a total can of worms. Bottom line is don’t even think about today, think about 20 years from now, as you’ll have medical conditions you never dreamed of and when that happens do you REALLY want this clown (well, his replacement, technically) deciding what medical care you get.
If you can afford about $5k per year ($10k if married and both on Medicare), then you can get the best care in the world - which is Traditional Medicare. Try to save some of that money with a ‘Medicare Advantage’ (HMO) Plan...then good luck!