Medicare Advantage Plans are Costing To Much

[thewakester]

Article in LA Times: "Medicare Advantage was meant to curb federal healthcare spending. It's costing MORE instead." And another article from the FCC: "Is the Biden Administation Proposing Cuts to Medicare Advantage?" All of this is very disturbing.  I rely on the Medicare Advantage plans.  Transportation, among others, from the plan are indispensable. How do we Keep the Medicare Advantage plans in place?

Sincerely,

Karin Wakefield

[BrianCThompson]

There is much press this week about the newest reports exposing not only the staggering overcharging and rampant coverage deficiencies of Medicare Advantage plans but also the detrimental impact it is having on funding for the nation's Medicare program.  It is another indictment against the lobbyists who have corrupted our health care system.  AARP is complicit in this with its relentless promotions of its affiliated Medicare Advantage plans and that is why I am canceling my membership auto-renewal. You are part of the problem.

[Therapist4u · Accepted solution]

Hi Karin. While I agree with you that “Medicare Advantage Plans are Costing To Much” & “Transportation, among others, from the plan are indispensable” The other part of your post “And another article from the FCC: "Is the Biden Administation Proposing Cuts to Medicare Advantage?" Comes from people trying to insinuate “fake news” ...they are nothing short of slandering lies about the President’s plans...& a 5 second search reveals many articles debunking that deception including one from our official HHS gov site FROM February 17, 2023 (THIS IS ALEADY OLD NEWS...so recirculating dishonesty as new info is hurtful to the truth....& I mean the articles>>>> not you!) :

”https://www.hhs.gov/about/news/2023/02/17/fact-v-fiction-biden-harris-administration-strengthening-m...

Despite industry-funded reporting indicating otherwise, the Biden-Harris Administration is not proposing cuts to Medicare Advantage. In fact, the Administration is proposing to increase Medicare Advantage payments this year by 1%, on top of an 8.5% increase in Medicare Advantage payments last year. The Administration also announced efforts to strengthen Medicare and hold industry accountable. This year, it will start recovering improper payments made to insurance companies in Medicare Advantage through audits. Recovering these improper payments and returning this money to the Medicare Trust Funds will protect the fiscal sustainability of Medicare and allow the program to better serve seniors and people with disabilities, today and in the future.

The Biden-Harris Administration is committed to protecting and strengthening Medicare and holding health care companies accountable to delivering quality health care for all seniors. While Congressional Republicans support measures to put Medicare on the chopping block and roll back increased benefits offered to seniors and people with disabilities through the Inflation Reduction Act, the Administration’s commitment to the 65 million Americans with Medicare, and all the beneficiaries in the future, is unwavering.

The Administration’s proposed policies to strengthen Medicare Advantage will hold health insurance companies to higher standards for America’s seniors by

 cracking down on abusive and confusing marketing schemes,

 addressing problematic prior authorization practices that prevent timely access to needed care,

 and making it easier for seniors to access vital behavioral health care.

These efforts to strengthen Medicare Advantage are bolstered by the Inflation Reduction Act. Because of the President’s law to lower prescription drug costs, people with prescription drug coverage through their Medicare Advantage plan can now access more preventive vaccines for free, and insulin costs are capped at $35 for a month’s supply of covered insulin. Congressional Republicans have already proposed legislation to undo the Inflation Reduction Act, which would increase the deficit and increase health care costs for America’s seniors.

Taken together, these actions will make the Medicare program stronger.