No part of Medicare gets attacked more by the looney left than the public Part C Medicare Advantage health plan program. When public Part C Medicare Advantage gets lumped with claims by lefties that we seniors are blood-sucking stupid hypocrites (see here, here and here), the deceit by the left is deafening and constantly repeated by the so-called mainstream press.
Do not be fooled by the despicable claims by the likes of The Incidental Economist (which recently compared seniors to some kind of corrupt politicians at the end of the Civil War), The New York Times, The Doctors Against Insurance Companies group, and so forth. You pay your own way1.
When it comes to Part C, you also pay your Part B premium monthly as illustrated in the green circle in the image. The canard that Part C used to have a large kicker in it to help the poor is typical left-wing deceit and another large kicker for risk adjustment. The kickers were reduced and/or eliminated by laws passed in 2008 and 2010 and are old, old, old tired news... the only type of argument a lefty can make. In particular, the uplift for the poor should be gone by 2017 and more likely (based on already released government regulations) will be gone in 2015. This year and last the kicker was only 3%.
1This statement is based on analysis -- as with all similar analysis -- that assumes the "premiums you pay" into Medicare Trust funds for the 40-50 years before you begin drawing benefits from Medicare are invested at a reasonable rate of return the way they would be if a real financial services company -- instead of the inept Federal government bureaucracy -- were involved.
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