Isn't it time for Medicare to completely overhaul how it approaches senior care?
Answered by 13 licensed agents
Answered by Larry Dalton on April 17, 2025
Broker Licensed in OK & TX
Answered by Mark Maliwauki on May 28, 2025
Broker Licensed in ID, AZ, CA & 15 other states
Answered by Steven Bleicher on May 8, 2025
Broker Licensed in AZ
Answered by Steve Houchens on April 10, 2025
Agent Licensed in KY & TN
If you want it for free, you would need to get crease your personal taxes.
Answered by Aaron Solomon on April 28, 2025
Broker Licensed in OH, LA & TX
Answered by Leslie Kaz on April 28, 2025
Agent Licensed in CA, AL, AZ & 7 other states
Here's a more detailed look at the arguments for reform:
1. Financial Strain and Cost:
High costs: Medicare, even with its coverage, can still be financially burdensome for many seniors, especially with prescription drug costs and long-term care needs.
Sustainability: Many sources project that Medicare's Trust Fund will be depleted in the coming years, raising concerns about the long-term sustainability of the program.
Unnecessary costs: Some argue that the current system, particularly Medicare Advantage, can lead to inflated costs through administrative overhead and unnecessary procedures.
2. Coverage Gaps:
Lack of long-term care: Medicare generally doesn't cover the cost of long-term care services, which can be a significant expense for seniors. Limited coverage for essential services: Many argue that Medicare needs to expand coverage to include essential services like dental care, vision care, and audiology, which are not currently covered.
3. Complexity and Navigation: Difficulty understanding plans: Medicare has various parts and numerous plans, making it difficult for seniors to navigate and understand their coverage options. Lack of coordination: The current system can lead to fragmented care and a lack of coordination among different healthcare providers.
4. Medicare Advantage Concerns: Provider network limitations: Medicare Advantage plans often have limited provider networks, which can restrict access to specialists and facilities.
Prior authorization requirements: Many Medicare Advantage plans require prior authorization for certain tests and treatments, which can delay care and be inconvenient for beneficiaries.
5. Profitability of MA plans.
Answered by Fred Manas on May 14, 2025
Agent Licensed in NY, CT, DC & 7 other states
The current system can be confusing and difficult to navigate, leading to errors and potential financial losses for beneficiaries.
Reforms to Medicare are likely to face political opposition and may require significant compromise.
Answered by Vachik Chakhbazian on April 11, 2025
Agent Licensed in CA, AL, AR & 22 other states
Answered by Larry Pereiro on June 2, 2025
Agent Licensed in IN
Answered by Charles Borg on May 27, 2025
Agent Licensed in FL & NY
Answered by Josh Vojtush on April 8, 2025
Broker Licensed in OH, FL, IL & MI, NC, SC & VA
Answered by Lenora Sikkenga on April 30, 2025
Broker Licensed in NV
Answered by Gus Kinnie on April 11, 2025
Agent Licensed in IN, CA, IA & 6 other states
Tags: Advice for Seniors The Medicare System
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