Sean Moran 13 Jan 2025
President Joe Biden proposed underfunding Medicare Advantage during the last few weeks of his administration, which could have disastrous effects for American seniors.
Last Friday, Biden’s Centers for Medicare & Medicaid Services (CMS) proposed a 2.23 percent increase for the increasingly popular Medicare option.
The proposed rate increases are lower than the consumer price index’s (CPI) year-over-year trend for inflation, or 2.7 percent.
In effect, this makes for a net cut of Medicare Advantage, similar to how the administration slashed Medicare Advantage in 2024.
American seniors have experienced higher premiums and lost their health plans due to Biden’s prior cuts.
Roughly 1.3 million Americans enrolled in Medicare Advantage lost their health plan due to the Biden Medicare Advantage cuts.
Seniors with Medicare Advantage are experiencing an average premium increase of more than 10 percent across 19 states.
Median out-of-pocket spending for Advantage plans will increase $400, or to $5,400 from $5,000.
Biden’s underfunding and prior cuts of Medicare Advantage follow as prominent Democrats have routinely accused Donald Trump of wanting to cut entitlement programs such as Social Security, Medicare, and Medicaid.
more
https://www.breitbart.com/politics/2025/01/13/joe-biden-proposes-to-underfund-medicare-advantage-in-twilight-hours-of-his-administration/
