Robert Wright

Comments:

• $6,000 - $8,000 MA out of pocket cap is for the year, not per procedure.

  Post: Wellcare for Part D by Andrew Forsythe

  Link to comment from October 8, 2024

• I researched it and you are correct that MA cost the government (taxpayers) more than original Medicare. But then again Medicare Advantage plans offer so much more than original Medicare including coverage for eye exams as well as generous dental benefits. You are not limited in an MA plan to only network providers, you can always go out of network and assume a higher copay. Just as all doctors are not required to accept original Medicare, similarly all doctors are not required to participate in an MA plan. It's suicide to have original Medicare without an expensive Medigap policy to pick up all or part of the 20% that original Medicare typically doesn't pay. A $200,000 surgery could have you on the hook for $40,000 without Medigap. MA plans are typically capped at $6,000 -$8,000 maximum out of pocket.

  Post: Wellcare for Part D by Andrew Forsythe

  Link to comment from October 8, 2024

• I have to disagree. By law, MA plans have to follow the same requirements as original Medicare. It's just that the private sector (insurance companies) is able to do it less expensively than the public sector (government). No surprise there.

  Post: Wellcare for Part D by Andrew Forsythe

  Link to comment from October 8, 2024

• I know the HD community is sour on Medicare Advantage plans but they have worked for me. Zero deductible for prescriptions and zero premium. Generics are zero copay. Zero premium for medical, doctors are in plan both in NY and SC (snowbird).

  Post: Wellcare for Part D by Andrew Forsythe

  Link to comment from October 8, 2024

• I agree that the HD community is an anomaly regarding proper retirement planning. The vast majority of Americans don't worry about retirement until it's time to retire and then it's too late.

  Post: I’m depressed, not very optimistic about retirement 😱 by R Quinn

  Link to comment from October 2, 2024

• Once the plans are properly funded will the COLA be retroactive?

  Post: Hedging your bet in retirement-dealing with inflation. What’s your strategy? R Quinn

  Link to comment from September 29, 2024

• I'm happy that you are in remission, thank God for modern medicine. I think, however, that the jist of Jonathan's blog is that he is frustrated and annoyed with unsolicited advice, understandable that he would be short on patience.

  Post: Anybody Listening? by Jonathan Clements

  Link to comment from September 27, 2024

• You're asking Jonathan to have patience? The man has less than a year, patience it's not to be expected, especially towards the knuckleheads offering unsolicited advice.

  Post: Anybody Listening? by Jonathan Clements

  Link to comment from September 27, 2024

• I would agree and add that today's generation wants instant gratification. Perhaps the influence of social media is to blame.

  Post: How did it all work for us? Why not now?

  Link to comment from September 26, 2024

• I thought you said you invested your social security payments into tax-free bonds, now you say you used the money for travel?

  Post: Quinn asks himself, Is delaying Social Security to age 70 the right decision?

  Link to comment from September 22, 2024