Relevant and even prescient commentary on news, politics and the economy.

Medicare Advantage

Brief introduction to Overpayments to Medicare Advantage Plans . . . Ending Overpayment in Medicare Advantage – Center for American Progress Through the Medicare Advantage (MA) program, private insurers are expected to save money by reducing waste, avoiding overuse, and providing more coordinated care than is available through traditional Medicare. Research finds MA plans are significantly […]

Congress Could Stop Medicare Advantage Ripoff

Whenever I see the term “hard”-working Americans, I want to barf. In this case, the author appears to be talking about cuts to people using Medicaid. I do not believe anyone in their right mind would use Medicaid if they could pay for an overpriced ACA healthcare policy. Commercial Healthcare Insurance costs for the average […]

Being atypical is “not representative of a type, group, or class”

Dean Baker: “Story telling attracts attention and sells newspapers.” I was reading at another site which was making the argument of Medicare Advantage plans being less costly than Traditional Medicare. It cites a truism that Medicare Advantage offers Part D and Supplemental in its package while Traditional Medicare does not. That is true. However, Medicare […]

Difference in Traditional Medicare and Medicare Advantage Care

The Government made it possible for people to choose between Traditional Medicare and Medicare Advantage for their care at 65. An alternative was provided under the guise of commercial healthcare providing better healthcare and other services to those who qualify for Medicare at a lesser cost. There are superficial and also meaningful pluses that are […]

Medicare Advantage Plan Members Will See Higher Prices and Less Service

While this is called Medicare, it is Medicare which has been commercialized. Medicare pays additional fees subsidizing the insurance plan companies (United Healthcare, WellCare, Script, etc. offering Medicare Advantage plans Not only have healthcare plans are cutting services, healthcare systems are also pulling out of Medicare Advantage Plans. Both Joel and I discussed twenty-something different […]

Turning a corner on Medicare Advantage?

As I posted yesterday, Medicare Advantage, which now covers more than half of the Medicare-eligible population, is a rip-off for taxpayers and for policy holders. Apparently, this is finally sinking in for hospitals and health systems across the country: “In 2023, Becker’s began reporting on hospitals and health systems nationwide that dropped some or all […]