Senate Permanent Subcommittee on Investigations Releases Majority Staff Report Exposing Medicare Advantage Insurers'

[slightlv]

6. MA has grown so large, IMO,

because many seniors are tricked into it in the beginning by unscrupulous brokers. This is what happened to me, and I figured I was pretty savvy, considering I'd helped my Mom for so many years. But then, even if you call the next day to Medicare and tell them what was done, there's no way to getting back to real Medicare without paying a penalty for the rest of your life, in the form of higher premiums for stopgap insurance and other supplemental payments. I tried all that were offered here, and every single one stated that since I'd been signed up on MA, my payments would be more than if I'd "stuck" with Medicare from the very beginning.

So, if they fool you once, they have you for life... unless you're independently wealthy. YMMV.