Politics Done Right
DON'T FALL FOR THE SCAM: Listen to this before getting Medigap for your Standard Medicare.
- Autor: Vários
- Narrador: Vários
- Editora: Podcast
- Duração: 0:09:15
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Medigap is the supplemental insurance that covers the 20% that Medicare does not cover. Private for-profit insurance is starting to scam seniors similarly to how they scammed Medicare Advantage recipients. Recently, Senator Elizabeth Warren exposed an insurance industry ploy to scam millions of dollars from seniors. #Medigap is federally regulated supplemental health insurance offered by for-profit companies such as UnitedHealthcare, Humana, and Aetna. The Medigap marketplace is polluted with incentive trips and other perks for brokers and agents who, in pursuit of such bribes, could be motivated to forcefully encourage seniors into the most expensive Medigap plans, regardless of whether those plans meet their needs." Warren found that the estimated 32 private companies that entice agents with vacations and other incentives to boost Medigap sales provided supplemental insurance to around 6.6 million people in the U.S. in 2021 and raked in nearly $16 billion in premiums from beneficiaries that ye