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Keyword: stupidseniors

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  • Gruber: Seniors Should Be Limited to Three Lowest Cost Medicare Part D Plans

    11/18/2014 7:02:46 PM PST · by 2ndDivisionVet · 34 replies
    PJ Tatler ^ | November 18, 2014 | Paula Bolyard
    They'd be better off with "less scope for choosing the wrong plan."In a 2009 paper, “Choice Inconsistencies Among the Elderly: Evidence from Plan Choice in the Medicare Part D Program,” Obamacare advisor Jonathan Gruber argued that there were too many Medicare Part D plans for seniors to choose from, which led them to make bad decisions when enrolling in a plan. In the paper, written for the National Bureau of Economic Research, Gruber wrote with Jason T. Abaluck that the privatization of the public Medicare program had resulted in dozens of private insurers offering a wide variety of insurance products...
  • Gruber: 'Seniors do a terrible job choosing' health care plans

    11/17/2014 9:44:27 AM PST · by servo1969 · 35 replies
    FoxNews,com ^ | 11-17-2014 | Patrick Howley
    “Seniors do a terrible job choosing,” Gruber said. Gruber’s slide then claimed that 12 percent of seniors allegedly picked the lowest-cost Medicare Part D plan and could on average save up to 30 percent more, without noting that some seniors pick prescription drug plans that work for them that are not necessarily the cheapest possible plan.