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Feds Struggle to Stop Billions in Medicare Advantage Overbillings
- PaulHoule 7y agoMedicare Advantage itself seems to be a scam. When it came around, TV became saturated with ads aimed at seniors where the people would talk slow and try to sound sincere and you would just want to get Grandma away. The "decision guides" that they send are thick but don't give any real information that would inform such a decision; it would be like looking at prepaid phones plan from Verizon and trying to guess which plan would be cheaper for you. Supposedly Medicare Advantage is supposed to save money, but how can it when they give the insurers an extra 13% over the cost of the orginal medicaire benefit so they have a guaranteed profit? It's the kind of thing that makes sense to politicians and people like Cokie Roberts but not to anyone else -- and the kind of thing that damages the legitimacy of our government and other institutions.