Medicare Crisis Uncovered: Historic Heist Threatens Healthcare System’s Future
Washington, D.C., Medicare, the largest health care program in the country, faces threats as insurance companies push to privatize it. A significant portion of Medicare beneficiaries are now enrolled in Medicare Advantage, controlled by powerful corporations. This shift could jeopardize Medicare’s ability to regulate prices and could result in draining the trust fund. The Medicare Payments Advisory Commission’s recent report highlighted that Medicare spends significantly more per beneficiary in Medicare Advantage plans compared to traditional …