THE WONDERS OF CHOICE
Friday, October 30, 2009 at 04:41PM This is the time of the year when we "senior citizen" types get to either stick with our current health care plan, Medicare only or a Medicare advantage plan. Oh joy - the wonders of the market and choice. If health care reform passes everyone who doesn't have an employer based or their own personal insurance will get this dubious choice via the "exchange" system as opposed to the simple concept the Canadians have of single payer.
I'm reasonably content with my Medicare advantage plan. But you have so many choices it makes your head spin. You have to navigate your way through complex terminology - co-pay, deductibles, forumulary, non-formulary, in network and out of network. You wonder how many seniors end up getting taken to the cleaners in this health care "poker game" joining plans which cost lots but cover little.
And in Oregon the insurance giants are increasing their monthly fees next year. So much for controlling costs. Got to maintain those profit margins to keep their CEOs and share holders fat and happy, right? If you want to read more about it I've posted the article from today's Oregonian for your reading pleasure. I spent my afternoon checking my plan out and after some hot flashes I've decided to stand pat with what I've got.
As the saying goes - be careful what you wish for - you might get it. In the USA we don't take the path best travelled we take the path with all the hair pin curves. Don't you love freedom, individual choice and the lure of the market? Give me liberty or give me death! Well in the USA we get both - and we get to pay for both. Now about that long term health care insurance I've got to check into when my kids are ready to put me in "the home."
PS: The packet of info I got from my insurance provider today included 8 booklets, together the size of a big city phone book! Must be some kind of invidious "high stakes" literacy test for senior citizens. Glad I got new glasses. This is another exhibit why a public option plan is necessary for us all - something akin to a Medicare Plus plan!
http://www.oregonlive.com/business/index.ssf/2009/10/seniors_looking_at_big_changes.html
R.A.D. |
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Reader Comments (4)
I hate to dillusion you, but all of that confusion is available to those of us not quite old enough to retire as well. I was relieved to learn in reading The Oregonian today that it isn't just healthcare that's raising it's rates. PGE is also going to apply for a rate increase. It seems demand has gone down so much that they can't guarantee 8% to 9% returns on investments to their shareholders.
My thought is you can't have it both ways. You can't tell people to take better care of themselves, not go to the doctor for the sniffles, save energy by buying smarter appliances and turn off light bulbs and then raise rates to insure a profit. Isn't that punishing us for doing the very thing we were told to do? ARGGGGHHHHH!!!!!!!