Bob Herman February 13, 2019
Almost 70% of
Congress signed onto new letters backing Medicare Advantage, the growing alternative to traditional Medicare that
collects $250 billion of taxpayer funding.
The bottom
line: In what has become an annual tradition, members of
Congress praised Medicare Advantage plans' out-of-pocket caps and vision
benefits — but did not mention the program's tradeoffs and concerns, like narrower networks of
doctors and the controversial billing practices that have led to inflated
payments.
- The Centers for Medicare &
Medicaid Services proposes new Medicare Advantage payments and policies
every January, and the health insurance industry gathers bipartisan
signatures of support for the program before the final regulation comes
out in April.
Where it
stands: This may be the most congressional support Medicare
Advantage has ever gotten, and it crosses party lines.
Yes, but: The program
faces a lots of scrutiny. The federal government recently signaled it wants to
audit Medicare Advantage companies and claw back money that was improperly paid to
plans.
Just 2
Democratic presidential candidates signed the
letter: Sen. Amy Klobuchar and Rep. Tulsi Gabbard.
- Other Democratic candidates have
endorsed Sen. Bernie Sanders' "Medicare for All" bill, which
would eliminate Medicare Advantage and other private plans and create one
national plan.
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