Medicare Advantage spending needs a closer look
Medicare Advantage plans are popular, convenient and fast-growing — and a rising drain on taxpayers, new research has found. A former federal health official said his analysis showed that Medicare overpaid these private plans by more than $106 billion in recent years, costs that are only expected to soar. Federal regulators and Congress need to get a grip on this spending, where every dollar on needless services and unearned profit robs enrollees and taxpayers alike.
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