Parroting Industry Talking Points, GOP Goes to Bat for Fraud-Riddled Medicare Advantage

that aims to recoup up to $4.7 billion over the next decade by ramping up audits of Medicare Advantage plans to crack down on overbilling—a common practice in the industry.in December,"The costs to taxpayers from improper payments have mushroomed over the past decade as more seniors pick Medicare Advantage plans," which are notorious for presenting patients as sicker than they actually are to get more money from the government.

"CMS has estimated the total overpayments to health plans for the 2011-2013 audits at $650 million," the outlet noted.of fraud by for-profit Medicare Advantage providers hasn't dissuaded the GOP from singing their praises and condemning oversight of them as an attack on Medicare itself. "For Joe Biden to continue to lie and say that Republicans will cut the benefits you earned is just a gross, political lie,""Newsflash: President Biden is cutting Medicare, not Republicans,"Medicare Advantage boasts

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Centene warns of hit to fast-growing Medicare Advantage business next yearCentene Corp on Tuesday said profit at its fast-growing Medicare Advantage (MA) business will take a beating in 2024 due to a sharp cut in its rating by a U.S. federal agency and likely lower-than-expected government payouts to health insurers.
Fuente: Reuters - 🏆 2. / 97 Leer más »