WARNING: Why I Would NEVER Choose An Advantage Plan for 2024! 😱

Join Marvin Musick from Medicare School as he tells you the hidden truths behind Medicare Advantage Plans for 2024. Facing an expected hike in the Medicare B premium? Are you puzzled by these medicare plans' geographic limitations and not-so-obvious restrictions?

Marvin provides a comprehensive breakdown, touching on the critical points of financial burdens, the confinements of network choices, and the frustrations tied to prior authorization challenges. Plus, discover the long-term implications of choosing an Advantage plan and how it might shape your future healthcare decisions.

While considering Medicare options for the Annual Enrollment Period, stay informed and be prepared for what's ahead. Don't miss out!

#medicare #MedicareSchool #MarvinMusick #advantageplans

[Wyn]

I was diagnosed with two benign brain tumors a few years before I retired. They couldn’t get all of one of the tumors even after two surgeries. I learned all I could about Medicare and went with a supplemental plan. I wanted no part of pre authorization. If my Neurosurgeon recommends I do XYZ I’m doing XYZ and don’t want anyone to be able to deny me that treatment. That was 10 years ago. I’ve never regretted that decision. What I say to those who tout the $0 premiums is that you never get anything for nothing so before you enroll in one of those plans you need to really understand what you’re giving up to get that $0 premium.

[muootwo]

I was a medical biller for over 25 years. I have seen first hand the problems patients have encountered with advantage plans, especially with the prior authorization problem.

[marcfontana]

I was on an Advantage plan for my first 2 Years on Medicare. First Year was fine, since I didn't use much health care, but on Year 2, when I needed to see GI specialist, I hit a brick wall. My insurance list of providers was completely invented. NONE, not a single doctor would take my insurance. How can they get away with making up a list of "in network" doctors. Being wrong about one or two providers is one thing, but lying about over 50 providers. The whole MA concept is flawed. I've since moved to original Medicare + a Supplemental plan and the peace of mind about access is priceless. It's not just about costs folks, it's about access to care.

[dandillon]

Had a advantage plan for 13 years. Regular Medicare you have to pay big deductible before Medicare kicked in then only 80% then you should buy supplemental which will cost you. Then drug plan which will cost you. My plan cost me nothing other then what they takeout of my social security. I pay nothing to see my family doctor. I pay nothing for my prescription drugs. Just had my 6 month dental checkup paid nothing. Very happy with my plan.

[deborahg]

Those perks aren’t worth giving up your hard earned Medicare!

I’m a broker and I’m definitely getting a supplement this January for myself.

[francispinto]

For me original Medicare plus a supplemental plan G works best. I can go to any provider that accepts Medicare assignment without a referral. The supplemental plan pays the 20 percent that Medicare does not cover. Once I pay my deductible of $226, I do not have to keep track of any further covered costs. I sleep well at night. I know what my risk is.

[deborahwedickcooper]

Wouldn't touch Advantage Plan with a 10 foot pole. Happy to pay my supplemental premiums. N has worked very well for me.

[kimgerber]

I attended a Marvin seminar locally a couple of years ago.His guidance was so helpful. Original Medicare with a supplement was the way to go for us. Advantage might be OK if your healthy, as we age we are more likely to face major health issues. We don't want any additional difficulties. Less likely to cope once we are 80 or 90. A huge thanks to Marvin, you were so helpful and kind.

[Bluespower]

Why do we continue to put up with this crazy medical system in this country?

[GaryLet]

Advantage plans are run by companies that have to make a profit. Keep this in mind. The money has to come from somewhere. Yes you can have a great one but like he said in the video, that can change every year. I've been traditional for 8 years and every time I looked at Advantage plans, they looked good but the more I went in to details there was always a "gotcha" someplace so I stayed in place. Especially if your happy with your current specialists. Good luck everyone, researching Advantage is about as exciting as keeping up with new IRS tax laws every year. :)

[TheDigitaldoug]

What all the TV Doctor shows fail to mention is that money is the lubricant needed to gain good medical care. The Hippocratic Oath died many years ago when avarice replaced it and the government got involved. Medicine is a business, indeed a very big business!

[waleyefish]

Thanks Marvin,
Unfortunately this is true, After Cataract Surgery I developed a vision impairment and needed a in office laser procedure maybe 5 minutes. But no, Access Denied.
Our wonderful Politicians made deals with these BIG INSURANCE company's to do this to Seniors. The word Medicare shouldn't have been allowed to these Advantage plans. Its just a private plan that skimpy on whats IMPORTANT to your HEALTH. It's like the the Insurance Co. Is your Doctor.🧐

[djayejournay]

I disliked Advantage plans after dealing with them for my mother. I was routinely frustrated with changing plan coverages and changes. When it came time for me to choose, I went with original Medicare plus the add-ons. It's not cheap, but it is manageable.

[RichardIILionheart]

Despite being quite healthy when I first retired, I have since developed a number of serious medical conditions. When first deciding whether to go Medicare Advantage or traditional Medicare plus supplement, I looked at nearly all of the points raised in this video. I consulted with the Medicare advisor recommended by my company. I talked with friends and family, some of whom had chosen MA and some of whom had chosen traditional Medicare. I ultimately chose Medicare Advantage. That was nearly seven years ago. I have not experienced any of the MA horror stories described in the video. Only once have I gone out of network and that was for a specialized genetic test. My available PPO network is extensive and essentially nationwide. When I add all of my costs (all premiums, actual out-of-pocket costs, dental, vision, prescriptions) I have still paid less over nearly seven years using MA than the premiums would have been for Part B, Part D, Supplemental F or G). My wife’s cost differential has been quite substantial.

I am sure there are Medical Advantage plans that are poor. Mine has not been one of them.

[doninetexas]

My wife and I will start year 4 on our Advantage Plan and could not be more pleased. What would the monthly premium be for us at age 88 if we had a Supplement Plan? No - will stick with Advantage Plan.

[bgcsgom]

That’s exactly the reason I didn’t go with Medicare Advantage plan! My mom was on the Advantage Plan and we ended up after she passed away, when we had to sell her house, we had to pay Medicare back almost $20, 000 after the sell of her house. I learned that choosing my own plan which was and is the best plan for me! I’m so glad I didn’t go for the Medicare Advantage because otherwise I would be in big trouble financially. Now I am a recent widow, but I am debt free as far as you can be debt free in this world! When my husband was in ER for a few hours before he passed of a massive heart attack, I was billed over $1000 but my Insurance paid every cent and I didn’t owe a dime. So for me going with a non Medicare plan was for me the best option financially.

[retiredchef]

I could never afford the g plan, even though thats my preface. Really sad that those of us that have low checks and are in bad health will suffer so badly do to costs

[MustangSally]

You are absolutely right! I took Medicare with supplement plan because I did my homework on Advantage plans. They aren't worth the so called cheaper price.

[vchavez]

Great job!!! I an 66, still waiting, and will NOT enroll in MA plans--Mefical Disadvantage!!!

[agordon]

great presentation, but there are a few more things - MA Advantage (at least in this area) shifts ou off to physician extenders as primary care - you may never see a doctor! Also the care is not of equal quality - they may take out a cataract using an older and cheaper procedure (and riskier) - a few years ago I had prostate cancer (without obvious spread) and had an overnight robotic prostatectomy. My friend developed localized prostate cancer about a year later and had an MC Advantage HMO. He was told that the robotic procedure was "experimental" and was told to have the open prostatectomy. He looked into the robotic procedure and was told he was a candidate. but since his HMO didn't cover it it would cost about $40, 000 out of pocket. He chose to have his insurance with the older and riskier procedure and had a much longer recovery and some complications associated with the older procedure. Also I don't believe you emphasized how locked into the Advantage plan if you develop a serious chronic condition after the first year in an Advantage plan.