I found the Nov. 1 article "Medicare Advantage Could Lose Some Luster" to be very timely and informative.
The article raised the possibility that the current health plan overhaul may force cuts in these plans. The article quoted a high-ranking executive from one of our most dominant health insurers as indicating that the possible cuts could be dealt with in one of three ways: increased premiums, increased cost-sharing or reduced benefits (or a combination of all three).
I am here to report that my Medicare Advantage provider is already ahead of the game. My 2010 premiums have increased more than 29 percent, the cost of all 22 categories of medical and drug coverage referenced increased and, in some cases, the benefits were reduced. It should be noted that the cost of my Medicare Advantage plan also increased 12 percent in 2009 and 32 percent in 2008. My guess is that this trend is true for most of the other health-care insurance providers (both Medicare Advantage and other plans).
The purpose of this note is not to complain about the skyrocketing cost, but rather to point out that the overall health-care system is already broken and definitely needs to be fixed.
I know the problem is complex and encompasses many different areas (hospitals, the medical profession, lack of coverage for millions of Americans, tort reform, misuse of emergency rooms, the "not me" syndrome when it comes to paying our fair share, etc.).
However, I also know that America is a truly great country, and if we could forget about the politics of the day and truly utilize the combined resources at our disposal, we could end up with a world-class solution to a very serious problem.
JACK PHILIPS
Shaler
Posted
Nov 08 2009, 05:00 AM
by
Susan Mannella