Private Insurers Milk Taxpayers Up to $140 Billion a Year Via Medicare Advantage

A report published Wednesday estimates that privately run, government-funded Medicare Advantage plans are overcharging U.S. taxpayers by up to $140 billion per year, a sum that could be used to completely eliminate Medicare Part B premiums or fully fund Medicare’s prescription drug program. Physicians for a National Health Program (PNHP), an advocacy group that supports transitioning to a single…

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