There is much discussion about the proposed Medicare voucher system, and most of it is erroneous.
The proposed system is no different from the current way of making Medicare available to beneficiaries. When you currently enroll in Medicare you have the option of following the traditional system of a government managed plan or you can enroll in a private system (Medicare Advantage).
If you choose the Advantage plan, dollars normally spent on your care through Medicare are paid to the insurance carrier issuing your coverage.
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The proposed system is no different from the current way of making Medicare available to beneficiaries. When you currently enroll in Medicare you have the option of following the traditional system of a government managed plan or you can enroll in a private system (Medicare Advantage).
If you choose the Advantage plan, dollars normally spent on your care through Medicare are paid to the insurance carrier issuing your coverage.