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Author: pauleckler Big funky green star, 20000 posts Top Favorite Fools Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 1488  
Subject: Re: Why the Part D Rx plan jigsaw puzzle? Date: 11/13/2007 2:42 PM
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Vermonter, if the plan you have works for you great. More power to you.

So far Medicare Part D has worked pretty well. The hassles of finding a plan that worked were much over blown. (Who ever bought insurance by contacting all possible suppliers about all available plans. Obviously, you work with the companies you know and trust and go with one of their plans unless a friend finds one that is much better.)

Cost of Part D have turned out to be less than projections.

The overall program is affordable.

The much ballyhooed donut hole seems not to be a concern to many. I have seen no letters to the editor on the subject, or horror stories about it on TV. Apparently the plan satisfies most people.

Yes, every act that comes out of Congress is a set of compromises. The idea of keeping private companies competing for the business seems to have succeeded in keeping costs low and like your IRA lets you shop for a better supplier if you are dissatisfied with the one you have. (That is quite different from a govt bureauracy that gives you whatever it likes and gives you no options other than to gripe.)

But yes, competition adds complexity. But only if you decide to change programs for a better deal. Not if you are satisfied with the program you have.

AARP is running commericals that plead for cooperation between the parties to get some work done. But clearly AARP is a political animal with very blue leanings. They are openly blue in NJ. And the line you mention is solidly in support of more and bigger govt.

Yes, govt needs to do some things, but there are not many programs the govt does well. They are certainly very big spenders.
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