Wednesday, November 27, 2024

Taxpayers spend 22% more per patient to support Medicare Advantage – the private alternative to Medicare that promised to cost less

"… For every extra dollar that taxpayers pay to Medicare Advantage companies, only roughly 50 to 60 cents goes to beneficiaries in the form of lower premiums or extra benefits. 

As Medicare Advantage becomes increasingly expensive, the Medicare program continues to face funding challenges. 

In our view, in order for Medicare to survive long term, Medicare Advantage reform is needed..."

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