In Reply to: Can we keep it simple? posted by steveVa on July 15, 2018 at 11:50:03:
The news is not good if you need ongoing health services unless you are in a bracket to game the system. That's basically what Obamacare was & is, a way for a certain segment of the population to get their basic healthcare on middle America's dime.....but I digress & I'll stop before my blood pressure rises too high....
We looked at medicare options(like you)last year. There are dozens of offerings depending on your state & county that will range in price & service coverage & dependents, but they all fall short of full coverage; hence, the concept of Medi-gap or supplemental coverage. Supplemental is a second policy with a second premium & a second set of coverages & rules & loopholes. It's basically a way for the insurance companies to legally double-dip & double the complications. Those who can't afford to pay the double-dip usually opt to forego the supplemental & pay more out of pocket for the basic health services & pray nothing major happens.
There is another version they are now offering that is designed to replace the 2-policy(medicare + supplemental)system. I can't remember what it's called, but it's another catchy name like Mediflex or Medipac or something. It's a whole other product offered by the insurance companies under one premium, but once you sign up you can't go back to the 2-part system(at least not in Texas). That alone tells you it's only advantageous for certain people.
That is my basic understanding of the landscape for current Medicare options.