With Medicare Advantage, the real advantage belongs to insurance conglomerates
November 4, 2024 | Uncategorized
New Hampshire Bulletin (Nov. 4, 2024).
It is open enrollment season for Medicare Advantage insurers. However, recent headlines would suggest it is more like open season on those consumers who might choose a profit-seeking middleman over the traditional fee-for-service Medicare signed into law by President Lyndon Johnson in 1965.
A report this month by the U.S. Department of Health and Human Services Office of the Inspector General was titled, “Medicare Advantage: Questionable Use of Health Risk Assessments Continues To Drive Up Payments to Plans by Billions.”