Well, I'm happy that the situation differs from the one painted by Forbes. It's just that it's an article on Forbes and if you don't look at the actual source/writer etc, you would think that it was at least somewhat trustworthy. The way the article describes the situation, anyone who hasn't read more about the subject (like me) would think that this was a pretty bad deal. I always wonder how much these types of articles affect actual independents/undecideds, because it paints a rather evil picture of the AARP and Obamacare.
Badass, but unfortunately the Reagan one is more badass.
Its unfortunate that something like that was on forbes since forbes does give the allusion of credible but the article was a typical fear mongering republican article (AARP in bed with obama etc etc).
Kaiser always does good summaries
Basically like I said earlier the savings are coming from forcing seniors to pay fairly significant out of pocket costs (for seniors). A trip to the hospital isn't exactly something they can afford which is why they have medigap plans. A lot of people on medigap plans are going from social security check to ss check.
They are basically advocating that people can only get plans L, M,N (all force out of pocket costs first from the senior) which are currently offered but are EXTREMELY unpopular. Obviously given the current popularity of these plans its not surprising that there was a huge push back on forcing seniors to only be able to choose these plans.
The Medicare Advantage stuff is complete nonsense since
AARP offers those plans also . I don't see how any can complain about
OVERPAYMENTS being cut from Medicare Advantage plans is a bad thing. Especially coming from the "conservative" side since you know that would be considered a waste.
AARP Medigap plans usually do cost more than some other insurance companies but they provide stable plans with very low rate increases verses other companies come in at low rates and jack up the rates later. Also AARP usually has the widest underwriting standards.
I think the article can pretty much be summed up by
(DISCLOSURE: I am an outside adviser to the Romney campaign on health-care issues. The opinions contained herein are mine alone, and do not necessarily correspond to those of the campaign.)
