Friday, December 05, 2008

Medicare (Dis)Advantage?

Both IB reader Jeff M and the folks at the bwell blog have tipped us that the first MMA (Medicare Modernization Act) casualty may be Medicare Advantage plans. While increasingly popular, they have also "added to Medicare's complexity and costs and...created potential inequities, without apparent improvements in quality.”
Ooops.
So if these plans are on their way out, what happens to all those seniors who've come to depend on them? There are a number of options, many (most?) of which are discussed at Medicare's website. Once you've gotten an idea of what's available, we recommend consulting with a local, professional, independent agent who specializes in health coverage, and who has experience with the whole gamut of Medicare options.
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