The Medicare DIS-Advantage Plans...
Many seniors are being lured into Medicare Advantage Plans due to the added benefits of hearing, dental, and gym membership coverage.
Many seniors are being lured into Medicare Advantage Plans due to the added benefits of hearing, dental, and gym membership coverage.
These plans are actually run by private insurers and actually quite profitable for insurance companies with profit margins of 5% or greater (industry average is 4%) khn.org/.../medicare-a…
Further these plans have the added problems of:
1) Narrow Networks - in fact, many of the most prestigious cancer centers in the country are excluded from these plans. Oddly enough 60% of Cancer diagnoses are in Medicare aged individuals... cancer.gov/about.../cause…
1) Narrow Networks - in fact, many of the most prestigious cancer centers in the country are excluded from these plans. Oddly enough 60% of Cancer diagnoses are in Medicare aged individuals... cancer.gov/about.../cause…
2) High Rates of Denials - A study done by the office of the Inspector General showed that in '14-'16 Advantage plans had to reverse 75% of their denials which suggests that they were denying care at way to high of a rate.
This not only delays care but also makes it more difficult for the healing team to serve our patients. oig.hhs.gov/oei/reports/oe…
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Check out our 6 week course to learn more about how you too can Beat the Insurance game jared-john-wallen.mykajabi.com/offers/2wMoFLVG
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