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Politics : Ask Michael Burke

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To: Knighty Tin who wrote (127701)4/30/2011 10:52:05 PM
From: Don Hurst  Read Replies (1) of 132070
 
>>" To put it into perspective, my Mother is 82 years old. She receives Medicare and has purchased a "no frills" supplement plan from by far the cheapest provider. The supplement costs her over $5000 a year and pays 30% of Medicare approved charges. This is a two part problem. First, a policy from the same co. that pays the entire amount would cost her over $16,000, assuming she could get it, which I doubt. Secondly, it would probably cost much more than that high number as Medicare would not be setting prices for services and no one insurance co. can get anywhere near Medicare's low prices. "<<

KT, you say your mother's supplemental insurance (Medicare Advantage?) pays 30% of approved Medicare charges, but doesn't Medicare pay 80% of her approved charges? What is she paying $5000 for?

Another thing I have not understood about Medicare is why seniors don't aggressively lobby for yearly maximum health care out of pocket cost as part of normal Medicare. It seems that is the only "advantage" of Medicare Advantage insurance.

Just how much do I not understand about Medicare?
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