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New Study Stings Medicare Advantage, Calls for Abolition

A recently conducted analysis that examined plans under Medicare Advantage has called for the program, which costs taxpayers in America huge sums, to be abolished. The analysis highlights how, since 2007, the program has fleeced more than $600 billion from the federal government, which offers insurers a lump sum for every patient. In the last 12 months alone, Medicare Advantage plans has surcharged the federal government $82 billion.

Currently, these plans are used by over one-half of the eligible population under Medicare. The plans use different strategies to…

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