Why are there so many Medicare commercials? Medicare has explained that the influx of commercials it recently released was because of the Medicare Annual Election Period, which resulted in it amplifying its marketing initiatives.
Why do Medicare Advantage plans have commercials on TV?
Nov 05, 2021 · The Truth About Those Medicare Advantage TV Commercials. Why the 'Friends Talk Money' podcast hosts say the 'free' policy come-ons can be misleading. ... So you are writing checks, and that's what ...
Why are the health insurance companies targeting the elderly with ads?
Nov 07, 2021 · If you are wondering why the health insurance companies are bombarding the airwaves with commercials featuring spokespeople who may appeal to older Americans, it is because it is Medicare Open Enrollment season and it occurs each year from October 15th through December 7th.
Are former NFL players promoting Medicare Advantage plans?
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.
What should you look for in a Medicare commercial?
Nov 08, 2017 · For all of these reasons and more, we recommend you review your Part D enrollment each year. Every year you have the ability to shop your Part D coverage from October 15th through December 7th. You can use different tools or services to compare your coverage and costs for all plans in the area where you live. You can even see which vendors near ...
What is it with all the Medicare commercials?
If you are wondering why the health insurance companies are bombarding the airwaves with commercials featuring spokespeople who may appeal to older Americans, it is because it is Medicare Open Enrollment season and it occurs each year from October 15th through December 7th.Nov 7, 2021
Will Medicare ads ever stop?
–Not Quite Yet! The brief December respite from Medicare Advantage Plan TV commercials is over. Starting January 1, Medicare Advantage insurance plans have until March 31 to convince current plan users to switch between Medicare Advantage Plan companies.Jan 3, 2022
Are Medicare Advantage ads misleading?
And, if you are misled, please know that you now have special rights to disenroll. Millions of older adults and people with disabilities are receiving misleading information from insurance companies offering Medicare Advantage. These insurers are not telling you the whole story about the health plans they are offering.Nov 9, 2021
Who is the woman in the Medicare Advantage commercial?
Molly CulverBornMolly E. Culver July 18, 1967 Santa Clara County, California, U.S.Occupationactress, spokespersonYears active1990's - 2015Websitewww.mollyculver.com
Who does the Medicare commercial?
The TV campaign, which first aired in 2018 and stars 78-year-old Joe Namath, is for the Medicare Coverage Helpline. With a crinkled smile, Namath lists a handful of health care benefits—from no co-pays to home-delivered meals—intended to attract callers on Medicare.Dec 13, 2021
Does George Foreman have Medicare?
0:232:01Medicare Annual Enrollment Period Is Open Featuring George ForemanYouTubeStart of suggested clipEnd of suggested clipIt's easy to see if you're eligible just call the toll-free number on your screen now and get a freeMoreIt's easy to see if you're eligible just call the toll-free number on your screen now and get a free benefits.
What the Medicare Advantage Commercials Say
Savage noted the ads often say: "Let us do everything! And we're going to give you hearing [coverage] and we're going to give you dental and we're going to pick you up and drive you to your doctor's appointments. We're going to give you a turkey on Thanksgiving! They promise so much."
The Fine Print of Medicare Advantage Plans
Medicare Advantage plans, usually bundled with prescription drug coverage, typically require you to use health care providers in their network. The policies limit your annual out-of-pocket costs for covered services.
Think Before You Switch
So, Savage advised, "think very carefully before you switch out of traditional Medicare, which lets you see just about any doctor or go to any hospital."
Where to Get Medicare Help
"Friends Talk Money" co-host Pam Krueger, founder of the financial adviser vetting program Wealthramp, said "an excellent, fiduciary, fee-only financial planner can make sure you get the comparisons you need" during Medicare Open Enrollment.
What is the purpose of the Medicare Advantage commercials?
The purpose of the TV commercials is to get you to act, to call the number on your screen, to make a purchase. First, do your research.
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.
What is the donut hole in 2020?
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. Anyone with Part D prescription drug coverage will qualify automatically for this discount when their total drug costs hit $4,080.
What are the benefits of a HMO?
Based on my preliminary plan research, here are some important points not mentioned in the commercials: 1 These benefits appear to be more common in health maintenance organization (HMO) plans . Except for an emergency, the benefits are only available through a network of selected providers, which can limit the individual’s choice. 2 The plan likely will require prior approval or authorization. Before receiving care, the plan must review and approve the physician’s order. 3 There are limits on these benefits. For example, two meals a day for five days after hospitalization with a limit of four hospitalizations, and a private home aide four hours a day for no more than 31 days in a year. 4 And, most important, the plans we researched require members to select only one benefit per calendar year.
How much can you write in a check for a cancer insurance plan?
That’s how much a person could write in checks when something happens, like a cancer diagnosis or a major car crash. In 2019, the average limit was $5,059.
How many days can a home aide stay in a hospital?
For example, two meals a day for five days after hospitalization with a limit of four hospitalizations, and a private home aide four hours a day for no more than 31 days in a year.
Is Medicare Advantage marketed to seniors?
In fall 2019, the American Medical Association (AMA) passed a resolution . “Whereas, Medicare Advantage plans are heavily marketed to seniors by insurance companies, with less than ideal transparency in advertising; … and.
Why is this Medicare marketing blitz happening now?
The Medicare Annual Election Period (also called Open Enrollment) starts on October 15 each year and ends on December 7. That means that typically, the Medicare commercials and mail start right after Labor Day, with phone calls beginning October 1.
How did Medicare marketers get my phone number and address?
Medicare marketing lists are inexpensive and readily available to anyone who wants to use them for mailings and phone calls. So if you have 10,000 agents in Los Angeles, chances are – if you are over 65 and live in a zip code the agent wants to sell in – you have received a LOT of mail since Labor Day.
How can I make the Medicare calls stop?
TIP: If you want the calls to stop, respond with “My phone number is on the Do Not Call list and I will report you to CMS (Centers for Medicare & Medicaid Services) if you continue to call.” (Ignoring the Do Not Call list is a serious infraction for agents.)
What about in-person Medicare marketers?
Then we have the door knockers and agent kiosks. You do not have to answer the door. Ever. (And I highly recommend not answering, especially now!)
Should I pay attention to marketers during Medicare's open enrollment period?
It is very important to review your plan each year, but that does not require you to respond to the marketing.
A few tips
Using a trusted agent or advisor is always best, but you want review your drug list and pharmacy for the upcoming year at Medicare.gov at the very least.
Doorbell sound effects should be illegal in commercials
Does anyone’s dog NOT go insane every time a commercial with a doorbell airs? And it’s like one every commercial break. I either have to play chicken with my mute button every night or wrestle my dog still every time one happens to avoid him losing his mind and waking up my kids.
Medusa with her Amazon sunglasses and that crappy song
I'm getting really sick of her. That song has wormed its way into my brain also.
Enough said
Ever see a commercial that is cringeworthy, badly done, or has a stupid annoying song or actor? Does every time it comes on, you want to immediately mute your television/radio or change the channel? Well whatever the reason may be that you despise it and it makes your skin crawl every time it comes on, this is the place to rant about it.
