The federal government overpays Medicare Advantage private insurers between 22 and 39% compared to traditional Medicare
This diverts taxpayer $ to enrich shareholders and executives.
https://www.americanprogress.org/article/ending-overpayment-in-medicare-advantage/
This diverts taxpayer $ to enrich shareholders and executives.
https://www.americanprogress.org/article/ending-overpayment-in-medicare-advantage/
Comments
In English - The Government isn't using its payer power to demand lowest cost structure for good or service.
("c" is government and "v" represents competitive market participants)