On Tue, Dec 5, 2023 at 01:33 PM, BigAl wrote:
Thank you, well said.? I would not be surprised to see Medicare(CMS) dump everyone who is on an Advantage plan and lock them out of traditional. Afterall, Medicare is technically broke. Gotta save it somehow.
With Advantage plans, Medicare pays the insurance company the average amount they would otherwise spend on someone enrolled in traditional Medicare, plus some additional funding.? So it actually costs Medicare
more for those who enroll in Advantage plans. If everyone enrolled in Advantage plans, it would bankrupt Medicare that much sooner.? So Medicare has no motivation to dump everyone.? And they could not do so without an act of Congress and the president signing off on it (short of a veto override).?
