Joe Biden Moves to Slash Medicare Advantage
Sean Moran 3 Apr 2024
The Biden administration has finalized its move to slash Medicare Advantage as the 46th president has claimed former President Donald Trump seeks to slash entitlement programs.
The Biden administration on Monday will cut base payments for Medicare Advantage plans by an average of .16 percent despite pressure from Republicans and healthcare experts. This follows Biden making controversial moves in the risk adjusting coding system to allegedly make Medicare Advantage payments more accurate.
Biden’s move would impact more than half of Medicare enrollees, as many American seniors now look to Medicare Advantage for their healthcare needs. American seniors enrolled in Medicare Advantage could see their supplemental benefits reduced or cost-sharing increased by $33 a month in 2025, according to experts.
Chris Meekins, an analyst, said, “President Biden’s team is gambling that MA beneficiaries won’t realize before the election the benefits Biden’s team is causing them to lose come January 2025.”
Biden’s move to slash Medicare Advantage comes as Trump told Breitbart News he will never touch Social Security or Medicare. This runs contrary to claims from Biden and Democrats that he would cut entitlement programs.
“I will never do anything that will jeopardize or hurt Social Security or Medicare,” Trump explained. “We’ll have to do it elsewhere. But we’re not going to do anything to hurt them.”
A 2021 Commonwealth Fund study found that 90 percent of Medicare Advantage enrollees were satisfied with their care, which is about the same as traditional Medicare. Research has even shown Medicare Advantage outperforms Medicare on 16 different clinical quality measures.
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https://www.breitbart.com/politics/2024/04/03/joe-biden-moves-to-slash-medicare-advantage/
