> > J.E. asks: ...how your Medicare is funded... > Medicare, a government program mainly for people age 65 and over, pays most of the medical expenses of the enrollee. Enrollees pays a monthly premium. The program is largely funded by payroll taxes.
Medicare Advantage is a corporate carve-out. The enrollee is not directly in Medicare. Instead, she is enrolled with a private insurance corporation. The government Medicare fund reimburses the corporation for medical expenses of enrollees. The way it is all set up, the government pays more per Advantage enrollee than it does per direct enrollee, to the profit of the insurance corporation. -=-=-=-=-=-=-=-=-=-=-=- Groups.io Links: You receive all messages sent to this group. View/Reply Online (#31922): https://groups.io/g/marxmail/message/31922 Mute This Topic: https://groups.io/mt/108184995/21656 -=-=- POSTING RULES & NOTES #1 YOU MUST clip all extraneous text when replying to a message. #2 This mail-list, like most, is publicly & permanently archived. #3 Subscribe and post under an alias if #2 is a concern. #4 Do not exceed five posts a day. -=-=- Group Owner: [email protected] Unsubscribe: https://groups.io/g/marxmail/leave/8674936/21656/1316126222/xyzzy [[email protected]] -=-=-=-=-=-=-=-=-=-=-=-
