4sight Health January 8, 2025
I’m out of analogies to capture the disaster that is federal spending on the Medicare Advantage (MA) program. So, I’m going in a different rhetorical direction this year. I’m going to start referring to MA as Medicare privatization because that’s what it really is — the privatization of a government program.
We know what happens when the government privatizes something. Quality and service go down, and costs go up as private contractors shake money out of the pockets of duped taxpayers while lawmakers in on the scam look the other way. The MA program has not failed to disappoint on that issue.
I’ll also be referring to MA plans as private Medicare plans as there is no advantage for taxpayers...
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