Just thought I would re-verify that this is generally the case. It’s just a money-maker at the expense of the senior citizen, yes?
No, just at the expense of the citizens.
The Fed subsidized Advantage to make it cheaper than traditional Medicare Supplement plans. That makes it more profitable for the insurance companies, but not more expensive for the seniors that use those plans.
You can have more coverage with an advantage plan than a normal supplement, but there are trade-offs with that expanded coverage such as a much smaller network.
https://www.medicare.gov/Pubs/pdf/12026-Understanding-Medica…