Medicare Advantage is not Medicare: it’s private health insurance for seniors that’s largely paid for with our tax dollars. They make their money by routinely denying claims…
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The most successful health insurance program, Medicare, was enacted in July,1965 to provide health insurance for people ages 65 and older and disabled regardless of income or medical history. Medicare is more efficient than private health insurance
Matthew Cunningham-Cook and Andrew Perez
The Lever
Last year, the federal government spent $20.5 billion overpaying private insurers for Medicare Advantage plans — and the industry’s aggressive lobbying campaign is kneecapping efforts by lawmakers to stop the scheme.
"Medicare Advantage providers whined for months that they simply couldn't survive without being able to rip off the government, so the government said 'you can rip us off for just a little longer,'" said one critic.
New York City’s Municipal Labor Committee voted March 9 to scrap some of the best retiree health care coverage in the country. The change would put 250,000 city retirees into a for-profit Medicare Advantage plan run by Aetna.
The Medicare privatization program "presents a threat to the integrity of traditional Medicare, and an opportunity for corporations to take money from taxpayers while denying care to beneficiaries," said Physicians for a National Health Program.
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Barbara Bowen and Barbara Caress
New York Daily News
New York City has kept a covenant with its workers: your wages will be modest — lower than those of your counterparts in the suburbs or the private sector — but as a full-time employee you will be entitled to health care coverage without premiums.
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