He confesses to his past role in promoting these plans, highlighting substantial overpayments and billions in taxpayer subsidies benefiting insurers like UnitedHealth Group. The author urges Congress to prioritize healthcare cost reduction over supporting the program, emphasizing the need for greater oversight and accountability to prevent further exploitation of seniors and taxpayers.
Medicare Advantage is a money-making scam. I should know. I helped to sell it.
Right now, well-funded lobbyists from big health insurance companies are leading a campaign on Capitol Hill to get Members of Congress and Senators of both parties to sign on to a letter designed to put them on the record “expressing strong support” for the scam that is Medicare Advantage.
But here is the truth: Medicare Advantage is neither Medicare nor an advantage.
And I should know. I am a former health-care executive who helped develop PR and marketing schemes to sell these private insurance plans
Potter, W. (2023, Feb 1). Medicare advantage is neither Medicare nor an advantage. The Rowan Report. https://www.therowanreport.com/2023/02/01/medicare-advantage-is-neither/