Value Added Health Service

. If Medicare beneficiaries are paying for health care services on a percentage basis at the time the services

. If Medicare beneficiaries are paying for health care services on a percentage basis at the time the services are performed or health care products are received, what type of Medical coverage are they using?

Public Comments

1. It depends on the person, the coverage they have available, and so on. It is usually on medicare and/or medicaid.
2. http://www.todaysmedicare.com This sounds like the Original Medicare program with no additional coverage although it is hard to say since there are so many types of insurance these days. As an insurance professional I usually recommend some type of insurance that offers a set co-pay rather than a percentage because when paying a percentage you can get really hurt by some of the most expensive procedures. Try the link above to explore all of the options
3. That is classic or traditional Medicare which is the 80/20 split which used to be the norm for insurance in general. Medicare prices are set by the government and if a doctor accepts assignment that means he is taking what Medicare offers and with a traditional policy the patient has a 20% co-pay. Because prices have been driven up so high by insurance corruption and government meddling, even 20% of lowered, controlled prices are a LOT, so most folks on Medicare either have a medigap policy which is yet another premium so they can get part of the 20% co-pay taken care of or they have an HMO or such to reduce their out-of-pocket expenses. This means they lose the choices they have under traditional Medicare.