It is based completely on income and is subsidized by our state Medicaid programs — AHCCCS. The commercials use this as a hook to get you to call and then they attempt to enroll you in a Medicare plan without considering your location, your medications, your doctors, or any other factors that should be considered in picking a plan.
Full Answer
Are the Medicare commercials from Medicare or the government?
Nov 05, 2021 · Savage said that due to the Medicare program's rules, Medicare Advantage enrollees could wind up paying out of pocket as much as $7,500 a year; more than $11,000 a year if you use out-of-network ...
What does Joe Namath’s Medicare commercials on TV mean?
Nov 12, 2021 · The commercials, said "Friends Talk Money" co-host Terry Savage, a syndicated personal finance columnist and author and Medicare expert, promote their one-stop shopping and potential money savings.
Why do Medicare Advantage plans have commercials on TV?
Nov 29, 2020 · Quite honestly, it depends on what is best for each individual. For help with your Medicare insurance needs, please contact Lynne Jones at (480) 212-2246, or email [email protected] previous post Merry Main Street brings joy to Downtown Mesa next post SleepWerx Improves Lives with Quality Sleep Solutions
Why does Medicare pay Namath to advertise Advantage plans?
Feb 15, 2021 · I keep seeing commercials on TV saying that Medicare plans are free. Why do I pay for my Medicare plan? We get this question often. The zero premiums plans that you hear about are Medicare Advantage plans. These plans are common and many customers do choose them, however they are certainly not free when considering the entire picture. Medicare ...
What is an Advantage Plan?
Advantage plans enable participants to receive multiple benefits from one plan, but all Advantage plans must also include the same coverage as Original Medicare (Parts A and B). When you have an Advantage plan and receive care, the insurance company pays instead of Medicare. Advantage plans are often HMOs or PPOs, ...
How much is Part B premium?
Still, those on Advantage plans must continue to pay their Part B premium. The standard Part B premium is $148.50. Those with lower incomes can get help paying this premium, while higher-income earners are subject to premium adjustment.
Can you see a doctor with Medicare?
With or without secondary Medigap insurance, Original Medicare coverage enables you to see any doctor accepting Medicare assignment. As of 2020, only 1% of physicians treating adults had formally opted out of Medicare assignment, so this is similar to having an unlimited "network."
What is a zero premium plan?
These plans are common and many customers do choose them, however they are certainly not free when considering the entire picture. Medicare Advantage plans come with out of pocket co-pays each time you seek treatment, for each doctor, specialist, etc. Depending on the company, these co-pays are capped on an annual basis – often upwards of $7,000 per year. Which means if you see the doctor a lot in a given year, your free plan may cost you in the neighborhood of $7,000. If you are paying a premium, you most likely have a Medicare Supplement plan with a Prescription Drug Plan.
How much does Medicare Advantage cost?
Depending on the company, these co-pays are capped on an annual basis – often upwards of $7,000 per year. Which means if you see the doctor a lot in a given year, your free plan may cost you in the neighborhood of $7,000.
What does "misleading" mean in commercials?
The facts, as presented, are true but then the question becomes, “Are these commercials misleading?” According to the Macmillan dictionary, misleading means something that is intended or likely to make someone believe something that is incorrect or not true.
Does Medicare cover home aides?
Medicare describes these as benefits for daily maintenance and doesn’t cover them. However, because of policy changes, Medicare Advantage plans can now provide them.
Does Medicare cover preventive screening?
Free preventive screenings. Medicare covers a long list of preventive and screening services. You don’t need to enroll in one of these plans to get preventive services. A 75% discount on prescription medications in the Coverage Gap.
Is the Medicare donut hole closed?
The Coverage Gap is more commonly known as the donut hole. In 2020, the donut hole closed. Beneficiaries are responsible for 25% of the cost of medications in this payment stage. Or, in other words, they get a 75% discount.
Is Medicare Advantage a zero premium plan?
Not all Medicare Advantage plans are zero-premium. And for those that are, it’s important to know that zero-premium does not mean zero costs. There are out-of-pocket costs for most services. Plan members will pay their share of costs until they reach the plan’s out-of-pocket maximum limit.