If you say so.
Do you think I am lying? Really, what's with the
?
Last year we each had Regence MedAdvantage RX Enhanced. We each currently have Regence MedAdvantage RX Classic. With Classic our maximum out-of-pocket is $3,400 per year. With Enhanced the max out of pocket is only $2,500. The monthly premium this year for Enhanced is $178. The monthly premium for Classic is $66. The difference is actually $112 per month each. If you do the math, you'll see that even if one has high usage and maxes out, they still save money with the Classic.
Prescription drug coverage is about the same with either plan (many generic drugs cost less then the lowest co-pay).
Both Classic and Advantage are PPOs.
If you still think I am making this up, you can check with Portland, OR. Regence for their Med-Advantage pricing. I mention the location because rates vary by location. Oregon generally has higher rates then some other parts of the country.
Med-Advantage insurance is only available to people on Medicare. We each pay an additional $100 per month for Medicare.
I use an agent who specializes in Medicare plans. The agent reviews our individual needs and tries to match us up with the best insurance for our situation. This is not something which is purchased through the Affordable Health Care Act exchange, or the Oregon version thereof. It has little to do with "Obamacare" except in anyway that Obamacare might affect premium costs industry wide. I don't know that anyone has looked at this issue yet. It could be that Obamacare has made the market more competitive or less competitive. I think this remains to be seen.