February 5, 2010

Medicare Expansion Plan Dumped

The new Medicare expansion plan would have allowed people 55 and older to buy into Medicare. The bill would have increased health care spending and reportedly contained unrealistic expectations to save money on Medicare.

Senate democrats backed off this Medicare expansion plan as a compromise in exchange for the government operated insurance option in health care reform. Republicans and several Democrats complained that Medicare is a budget busting program that under pays for medical services and this new bill leave the insured with fewer doctors willing to provide service as many had expressed their intention to opt out of the Medicare practice. It's back to the drawing board in 2010.

Meanwhile it's "Open Enrollment" for individuals that wish to participate in any Medicare Supplement plans, also known as Medi-Gap policies. For more information or to receive an instant Medicare Supplement quote from America's finest companies, visit QuoteBroker Insurance Services online or call (800) 783-0802