View Full Version : Most retirees are happy with Medicare.

Wei Wu Wei
07-03-2012, 11:50 PM

n an independent survey, conducted the week of the 45th anniversary of Medicare, 85% of 504 retirees on Medicare queried said they are “very” or “somewhat” satisfied with their Medicare coverage. In fact, 67% said they are as satisfied, or more satisfied, with Medicare than their previous employer-sponsored group health plans.

Top reasons for overall satisfaction were (a) fewer billing and payment problems (37%), (b) better benefits (30%) and (c) lower cost (28%).

“Retirees on Medicare have long been among the most satisfied of all Americans with their health insurance coverage, and after 45 years of Medicare, we now know that two-thirds of retirees like Medicare as much or more than the group plans provided by their former employers,” said Bryce Williams, CEO of Extend Health. “This is important information as large employers consider how best to honor their commitments to retirees for health benefits."


Survey results demonstrate that Medicare beneficiaries are less likely than those with private coverage to report negative experiences with their insurance plans -- including having expensive medical bills for noncovered services, being charged a lot more than insurance would pay, and physicians’ not taking their insurance. For example, only 10 percent of elderly Medicare beneficiaries said their physician didn’t take their insurance, versus 17 percent of those with ESI and 24 percent of those with individual coverage. This finding suggests that “Medicare’s greater purchasing power facilitates choice of physicians and access to care, despite lower provider payment rates,” Stuart Guterman, assistant vice president and director of the Commonwealth Fund’s Medicare program, pointed out.

Other study highlights include:

• Access to care. In spite of having poorer health and lower incomes than those with ESI, elderly Medicare beneficiaries were less likely (20 percent versus 37 percent) to report access problems due to cost, such as not filling a prescription or not visiting a doctor for a medical problem.

• Financial pressure. Despite their lower incomes, elderly Medicare beneficiaries reported fewer problems with medical bills, such as inability to pay or being contacted by collection agencies. Fifteen percent of them reported at least one of these problems, compared to 26 percent of those in the employer-coverage group. Furthermore, elderly Medicare beneficiaries were no more likely than those with ESI to be devoting 5-10 percent of their income or more to health care.

• Quality of care. Sixty-one percent of elderly Medicare beneficiaries said that they had received excellent or very good care, compared to just half of those with ESI. Moreover, 57 percent of elderly Medicare beneficiaries were confident that they could get high-quality, safe care in the future, versus 46 percent of those in the employer group.

It seems that people are grateful for medicare and are happy with it.

07-04-2012, 12:59 AM
I wonder just which seven relatives of hairy, pelosium and the little o they questioned for this survey? Every single retiree on Medicare is scared shitless that the guvmint is cutting the budget to zero next week.

07-04-2012, 01:20 AM


It seems that people are grateful for medicare and are happy with it.

How happy will they be when the half-trillion in Obamacare cuts kick in? And how long will the programs be solvent? What socialists don't understand, but Margaret Thatcher did, is that sooner or later, you run out of other people's money.