AXIOS April 25, 2024
Republicans are needling the Biden administration over a recent cut to Medicare plans, indicating a fight over the program’s future could play a bigger role in this year’s election.
Why it matters: While the Biden campaign views its Medicare record as a strength with a key voting bloc, recent attacks suggest Republicans see an opportunity to harness voter anger over potential cutbacks to Medicare Advantage — a program that’s increasingly popular with seniors.
Driving the news: The Biden administration this month said it would move forward with a planned 0.16% cut to private Medicare insurers’ base pay next year, ignoring warnings from some major insurers they could drop plans or trim extra benefits that help make the program a big...