Medicare Advantage Programs are accidents waiting to happen

It was inevitable. Medicare Advantage Programs were an accident waiting to happen. When Medicare awards contracts to private medical insurers… low bidding was the prudent. Bring it home to momma, baby. Reducing burden on Medicare cost is understandable. What is not acceptable is the low bid strategy of insurers assuming an intentional increase cost payout and profit from that. I’ll start from latest and work backwards. More and more advantage programs are moving to dual eligibility advertising and without actually lying, these companies grossly employ the greatest unethical practice of plagiarism. Offering in their coverage what is actually Medicaid coverage. It is difficult to not interject my personal feelings, as I write. Digressing to “intentionally assuming higher pay out cost”… someone is going to pay for that and you can bet the insurer isn’t. Offering more and better coverage in outwardly advertising is behind the scenes made profitable by limiting options. Oh, to be sure limiting options is not as conducive to winning customers as is offering more for less, which is easier on the ears and exciting to view on the graphs, charts and marquis in their marketing strategy. Now I know people (if you will) who are cut off to the greater central elements of their care providers and institutions. Why? Because Advantage programs must extract from providers and institutions now that they can’t extract from the customer base only. In summary: I reiterate, keeping my personal feelings out of this writing. Peter, Paul is looking for you.

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