Joe Biden Moves to Slash Medicare Advantage

Joe Biden Moves to Slash Medicare Advantage


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

Continue reading


 

Join the conversation!

Please share your thoughts about this article below. We value your opinions, and would love to see you add to the discussion!