"There is much the Biden administration can and must do to address the national embarrassment that is for-profit healthcare in the U.S.," said Public Citizen's healthcare policy advocate.
Relevant excerpt if you (like me) are unclear on what this is about:
The group also pointed to Medicare Advantage as “one of the ripest sources for profit for insurers,” noting that the privately run plans “delay and deny necessary care to seniors,” “limit access to care,” and overbill the federal government by making patients appear sicker than they are.
“All of these practices require the creation of significant oversight mechanisms by relevant agencies, which struggle to keep up with the innovations in grift that Medicare Advantage plans undertake year after year,” Public Citizen’s letter states.
It’s private insurance for people who are statistically sicker and costlier. So they look for ways to cheat paying for care because it’s really profitable.
Relevant excerpt if you (like me) are unclear on what this is about:
It’s private insurance for people who are statistically sicker and costlier. So they look for ways to cheat paying for care because it’s really profitable.