Sen. Warren Helpfully Identifies Medicare Trustee Nominee's Glaring Conflict Of Interest For Him

[airplaneman]

82. The most obvious thing I know about Medicare Advantage:

The maximum broker compensation for Medicare Advantage sales in California and New Jersey for 2023 is:

Initial sales: $750 per member annually
Renewals: $375 per member annually
For all other states, the maximum broker compensation for Medicare Advantage sales in 2023 is:

Initial sales: $678 per member annually
Renewals: $339 per member annually

The compensation for traditional Medicare is $0.

The commercials are extremely deceptive: Giving money back to Social Security only means they are paying for part or all of coverage B. You can't see a specialist without approval even if you are still paying all of B under Advantage.

The biggest danger under Advantage is if you have cancer and need doctor assisted Chemotherapy pharmacy treatment. Under Advantage you are stuck with the 20% copay but if you have traditional Medicare and a Medigap policy you are 100% covered.

There are many other reasons I would never accept Advantage.

-Airplane