Saturday, April 13, 2024

Medicare Advantage Adjustment Will Increase Funding


Texas governor and other republicans falsely claim Biden is cutting Medicare when in reality, he's increasing payments to Medicare Advantage companies.

"Despite the base payment reduction, Medicare Advantage plans are projected to receive a net payment increase of 3.7 percent, equivalent to $16 billion, once risk adjustments are applied."

https://www.newsweek.com/medicare-advantage-cuts-seniors-lose-benefits-biden-administration-adjustments-1886664