Originally solely a government-administered program, Medicare is now offering options involving private insurers. Private fee-for-service plans may offer additional benefits and lower out-of-pocket costs. These plans are expected to have lower administrative costs, but currently require a government subsidy. Advantages and disadvantages of such plans are discussed, and examples showing detailed cost comparisons of two plans, SmartValue Classic and Humana Gold Choice, are given.
Ostrowski, Melissa M.
"Medicare Advantage Private Fee-for-Service Plans: What Privatization Means for Today's Beneficiaries,"
Marquette Elder's Advisor: Vol. 8
, Article 7.
Available at: http://scholarship.law.marquette.edu/elders/vol8/iss2/7