Medicare advantage insurers score big profits

Guy N

Well-Known Member
Health insurers who provide private Medicare plans to seniors have had a booming year scoring big profits for their investors.

Okay what's wrong with this picture? Medicare advantage costs the government 10% more than traditional Medicare. So the insurance companies profit big from it. But the government wants to cut doctor payments by 27% for original Medicare? Something is out of kilter here and it sounds to me like the big insurance companies have too much influence on congress.

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