If they want to pay me anything north of minimum wage, I am all in!
What does Joe Namath make doing this commercial?
- Thread starter GON
- Start date
Correct if you elect to pay for Medicare only, currently $150 a month.
Medicare will pay 80% of your doctor and hospital bills, you will be responsible for everything else including all prescription drugs, dental, vision and hearing services.
Most people are not good with the possibility of losing their life savings which Medicare will come after if you can’t pay your 20% so they get private supplemental insurance as well.
They can purchase this insurance, Medicare Supplemental G through a private company for an extra $200 on top of the $150 a month you are paying for Medicare and that still doesn’t include dentist, vision, hearing or drugs but at that price you should be able to have drug coverage as well through an additional plan added on to it for prescription drugs.
Or you the can elect a Medicare Advantage C plan which is an all in one private plan that includes and covers everything including prescription drugs for most plans, dental, vision, hearing and not pay any extra just the $150 a month you pay Medicare.
It really is simple, all of it. It really can’t be more simple and it’s all on your government Medicare website.
Except for you I don’t know anyone who wants to pay for 100% of their prescription drug cost and 20% of every single medical bill in their remaining lifetime one hospitalization (hospital is covered 100%) not doctors or one cancer can wipe them out for life.
Roughly 80% of Americans choose some type of private supplemental Medicare Insurance
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My late father got talked into switching to a 'Medicare Advantage Plan' while wintering in Florida in the early 1990's. Those plans required 'prior authorizations' and 'referrals' to see specialists which took days or weeks to complete. He was unaware of these requirements (never mentioned by the 'salesman' selling the MA plan) and was billed thousands for cardiology visits that weren't 'authorized'. It took a lot of work for my wife (a nurse who knew the system) to undo his mistake
(joining the MA plan). Many (or most) doctors take Medicare while doctors have to be in network to take MA plans (many aren't).
PS: My favorite celebrity endorser is Shaquille O'Neal....A friend of mine is a LEO in LA and he knows Shaq (I think he told me Shaq is an 'auxiliary officer' aka a volunteer)....he tells me that the happy smiling guy you see is the real Shaq.
I also knew a guy who was in the corner in one of George Forman's later fights....a very close decision for George...the guy told me George's 'nice guy' persona is an act and that he's not very nice at all....the same guy said Evander Holyfield was a total gentlemen...I'm only repeating what I've been told but I have no reason to doubt the story.
(joining the MA plan). Many (or most) doctors take Medicare while doctors have to be in network to take MA plans (many aren't).
PS: My favorite celebrity endorser is Shaquille O'Neal....A friend of mine is a LEO in LA and he knows Shaq (I think he told me Shaq is an 'auxiliary officer' aka a volunteer)....he tells me that the happy smiling guy you see is the real Shaq.
I also knew a guy who was in the corner in one of George Forman's later fights....a very close decision for George...the guy told me George's 'nice guy' persona is an act and that he's not very nice at all....the same guy said Evander Holyfield was a total gentlemen...I'm only repeating what I've been told but I have no reason to doubt the story.
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GON
$150 Site Donor 2025
Very good point.
It’s unfortunate your late father subscribed to insurance plan he did not want. But that happens to people who buy things blindly.
I also don’t understand why he had issues switching back. These are ALL government sponsored plans on government websites too and government paid for.
With that said your comments on the plans are completely wrong. “Those” plans do not require preauthorization, you’re late father chose one that did, it’s called options, you have heard of HMOs ? People chose them, at the same time you can chose non HMOs too.
I think we can all agree I commented enough in here, anyone interested has ALL the information they need on the government Medicare website.
Http://www.Medicare.gov
The OP was skeptical that the tv ads are false, they are ads like anything else, the plans are legit and the government writes the check, pays them on your behalf.
People unhappy with anything in life will be posting but what you buy is your responsibility to know what it is you are buying. Thing is, it’s easy to switch.
In just 2 decades almost 40% of Americans choose Medicare Advantage C
plans, and it increases every year, hardly a scam.
But are there salespeople who don’t know what they are doing? Sure
Are all sales people forthcoming? Of course not
Important to know what you are signing up for IF and only IF you are using a sales person, you certainly don’t need one and if you realize you made a mistake signing up for a C plan, since it is government controlled and government approved you can switch back pain free in the first year.
EVERY Medicare Advantage C plan is government reviewed and approved, it’s government after all whom pays the insurance company for you
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"Don't care but I am sure tired of all the insurance commercials."
But wait, there's more.....like ROBO CALLS from the auto warrantee company.
But wait, there's more.....like ROBO CALLS from the auto warrantee company.
I agree with you on this for sure though I dont call it lying as long as the product is available to someone out there. I kind of call it, know what you are buying.
In this case, like any insurance, you can always switch. Furthermore these companies walk a MUCH finer line to be accurate, they are selling government sponsored programs, you would maybe be looking at federal crimes if you weren't careful.
But ... dont forget, you can always switch if you dont like what you get. 80% of Medicare recipients get some form of supplemental private insurance, the system does work, I never met anyone not happy, out of 14 million or so people I am sure there is someone but, you are always switch, change or cancel.
Thankfully Ill give you all a rest now and bail out *LOL* I only came in here to stress the stuff they promote on TV is available whether you qualify for certain things well you dont know until you try. I do think they help way more people then hurt, most people (even just reading these posts) have no idea how good the Medicare system works, so much so, they think all these companies are breaking laws selling federal backed insurance plans that give them fantastic health insurance programs at reasonable cost.
Call me crazy but why all of a sudden to people think government does things more cost efficient then private industry ? (dont answer that*L* Im done in here) The TV ads that promote these Medicare Supplement plans are real.
The omission in these ads is that a Medicare Advantage plan means you will be opting out of the government program entirely. 100% of whether or not something will be paid will be determined by the insurance company. It is not merely a supplemental plan to cover the 20% the government doesn't pay on regular Medicare. Insurance companies don't advertise those much any more.
Medicare has a much higher percent of its budget actually sent to health care providers than private insurance does.
Medicare has a much higher percent of its budget actually sent to health care providers than private insurance does.
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Or Joe Montana
Many New York City retirees were switch from something akin to a supplemental policy this fall to a medicare advantage program. Estimated savings of maybe $800M. There are things they will be no longer getting that they used to have. My SIL went with a supplemental from the same provider that used to provide her excess insurance at a cost of over $600 per month for both her and her husband. Yes, they sound good but, there are things that you will no longer get with your health coverage.
It sounds like you are talking about some kind of union health plan for retired NYC employees? As that is the only thing we can be talking about.
For those without some union, state/local/national retirement health insurance plan which is everyone almost an Advantage C plan covers way more and everything compared to a Medigap Supplement plan.
Advantage C covers = Doctors and Hospitals, Dental, Vision, Hearing, Prescription Drugs which supplemental policies do not and some also cover up to $400 extra a year in over the counter items from vitamins to toothpaste to blood pressure monitors to shower heads. More or less, anything you can buy in a drug store pertaining to health and .. some plans even give you gift cards, however small, $50 or so for things like going to your doctor and getting an annual physical.
- Total Cost for Advantage C is nothing but what the government takes out of your Social Security check which is $150. That is your total cost, you do not have deductibles but you do have co-pays for services and an out of pocket limit of depending the plan you choose of 4000 to $7000 dollars of cost sharing if you get gravely ill. Otherwise most people rarely see much more then $125 for an MRI ect, ect... but if you need something like Chemo then you will be responsible for 20% of the medicare cost until you hit that out of pocket limit of the plan you choose which when you think about it is much like the limits of an employer type plan.
When you sign up for a supplemental policies instead of Advantage C you choose a policy to cover what Part A&B from medicare do not and then sign up for another second supplemental policy to cover drugs. So you would have Medicare Part A & B Plus G or N (at additional cost) Plus D (at additional cost) Total cost is around in rough number is $300 to $350 a month and you still have no Dental, Vision or Hearing Coverage and no other perks such as free over the counter items, gym memberships ect, ect/ but you do not have any out of pocket possible expenses for the most part.
Its great to have choices. But what happens with government employees, well, I can imagine no plan is as good as what the everyday normal non government employee gets so I am sure those employees being moved into private plans like the rest of us would be upset.
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There’s another commercial with the guy from Magnum PI in it for reverse mortgages, and I found that one peculiar too. I think the thing we are forgetting is that these famous people have friends and favors they probably are obligated to do, in return for god knows what. Plus it pays well. But think about all the people they’ve met over their lifetimes...all those parties, elbow rubbing, that lead to other things...like, hanging out on a weekend on someone’s yacht, or in someone’s mansion somewhere. Lot of free stuff props were probably throw around. When you can afford the apples they give them to you for free. But it’s never really free.
No.
