Do Anabaptist use these programs?
What do you think about Dr Oz being made the head of those programs?
Medicare, Medicaid and Dr Oz?
Re: Medicare, Medicaid and Dr Oz?
If I needed heart surgery, I would go to Dr. Oz but my impression of him as a general practitioner has been considerably tainted by his endorsements of fringy diet supplements and his quest of celebrity status. Who knows, he may do a fine job.
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Re: Medicare, Medicaid and Dr Oz?
He’s a celebrity TV doctor. Does he have any experience running an agency?
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Ken
- Posts: 18612
- Joined: Thu Jun 13, 2019 12:02 am
- Location: Washington State
- Affiliation: former MCUSA
Re: Medicare, Medicaid and Dr Oz?
He is probably more compromised by his major investments in health care insurance companies that do Medicare Advantage plans and his constant promotion of such plans on TV. Medicare Advantage is probably the single biggest source of government waste and overpayments in the entire civilian portion of the federal government. And now he will be in charge of overseeing the program and regulating an industry that he is deeply invested in.
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A fool can throw out more questions than a wise man can answer. -RZehr
Re: Medicare, Medicaid and Dr Oz?
Well part of his job is to cut waste. Working in a Drugstore/food market the seniors love their Advantage plan, including my husband. Hopefully it will improve but it's really helped people. With as much handouts this administration gave out to non taxpayers, seniors who have contributed all their life do deserve help.Ken wrote: ↑Wed Nov 20, 2024 10:33 amHe is probably more compromised by his major investments in health care insurance companies that do Medicare Advantage plans and his constant promotion of such plans on TV. Medicare Advantage is probably the single biggest source of government waste and overpayments in the entire civilian portion of the federal government. And now he will be in charge of overseeing the program and regulating an industry that he is deeply invested in.
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Re: Medicare, Medicaid and Dr Oz?
Those who are not Social Security/Medicare exempt would use Medicare for the most part. In rare cases where medical bills are too high even for large Anabaptist churches or groups of churches to pay, Medicaid has been used. In one case I am aware of, the church made contributions to Medicaid for some time afterward until the amount Medicaid had paid out was reimbursed.
I am not aware of Anabaptists who use the Dr Oz program.
I have no opinion on Dr Oz being made the head of these programs.
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Ken
- Posts: 18612
- Joined: Thu Jun 13, 2019 12:02 am
- Location: Washington State
- Affiliation: former MCUSA
Re: Medicare, Medicaid and Dr Oz?
It isn't so much the prescription drug portion. But rather the medical procedures and medical overbilling that is the problem. Over the past decade, Medicare Advantage plans are estimated to have cost the government hundreds of billions of dollars more than would have been the case with traditional Medicare. This year alone the estimate is $83 BILLION. That is what Oz makes money off of: https://www.thenation.com/article/socie ... ity-fraud/Valerie wrote: ↑Wed Nov 20, 2024 2:57 pmWell part of his job is to cut waste. Working in a Drugstore/food market the seniors love their Advantage plan, including my husband. Hopefully it will improve but it's really helped people. With as much handouts this administration gave out to non taxpayers, seniors who have contributed all their life do deserve help.Ken wrote: ↑Wed Nov 20, 2024 10:33 amHe is probably more compromised by his major investments in health care insurance companies that do Medicare Advantage plans and his constant promotion of such plans on TV. Medicare Advantage is probably the single biggest source of government waste and overpayments in the entire civilian portion of the federal government. And now he will be in charge of overseeing the program and regulating an industry that he is deeply invested in.
Medicare Advantage—the privatized Medicare plans run by insurance firms but funded by the federal government—rips off taxpayers. On this there is little controversy. In March, MedPAC, Congress’s nonpartisan advisory board on Medicare policy, estimated that this year alone taxpayers will overpay Medicare Advantage plans by $83 billion—the savings to Medicare if all of those plans’ enrollees were instead covered by the traditional, fully public Medicare program. A 2022 New York Times exposé, “’The Cash Monster Was Insatiable’: How Insurers Exploited Medicare for Billions,” lays out the gory mechanisms—like fraudulent schemes (known as “upcoding”) to make patients look sicker on paper, which ups payouts from the government.
So much for the alleged efficiencies of the private sector in healthcare. Still, if these overpayments were the only problem with Medicare Advantage, giving the insurance firms a big haircut might fix the program’s defects. The problems, however, run deeper.
The core business model of Medicare Advantage relies on denying care to enrollees; lower outlays for care mean bigger profits. Implementing that strategy requires an immense, and immensely wasteful, insurance bureaucracy that consumes about 14 percent of Medicare Advantage revenues, sevenfold higher than traditional Medicare’s 2 percent overhead. Even worse, Medicare Advantage—which has grown to cover half of all Medicare beneficiaries—is undermining a cornerstone of Medicare: its promise of equitable, single-tier care for the nation’s elderly.
This is what Musk and Ramaswamy should actually be looking at.
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A fool can throw out more questions than a wise man can answer. -RZehr