Wednesday, December 14, 2022

Progressive lawmakers demand fraud probe into Medicare privatization scheme - Raw Story - Celebrating 18 Years of Independent Journalism

"No matter the name, these systems are designed to create profit for private insurers by delaying or denying care." 

The newest version of the program, which entails shifting some traditional Medicare recipients onto privately run insurance plans without their knowledge or consent, is scheduled to formally begin on January 1, months after CMS announced largely cosmetic changes to the Trump-era Global and Professional Direct Contracting (GPDC) model… 

Under ACO REACH, which has faced mounting opposition at the local and national levels in recent months, the middlemen will be able to keep 40% of what they don't spend on care as profit and overhead…


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