Skip to main content
Message Font: Serif | Sans-Serif
No. of Recommendations: 2
I was talking about the rates that medicare pays providers not the rates paid in.

I had cataract surgery when I was in my early 50s and while it was paid by regular health insurance, I was told for that (and many other procedures), medicare reimbursement rates drove the prices paid providers that were set for all insurance.

Since hitting Medicare a few months ago, the biggest difference for me was the lack of insane($10K) deductible. But I do regular screenings, immunizations and an very occasional visit to a minute clinic at Walgreens for a long lasting cold/sinus infection. I have no drug plan because I take one drug that costs about $120/ year and the income adjustment made drug plans a ridiculous price.

I will say the deductible did keep me from accessing much health care in the past 8 years. I had insurance but I didn't consider it affordable. Even though I am healthy, apparently my supplemental insurance will increase on every birthday.

Be careful what you wish for.
Print the post  


What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.