Biden Cuts Payments to Medicare Advantage Plans

Pain coming for seniors if the White House axes private medical care services.

President Joe Biden followed through on his administration’s proposal to reduce next year’s base payments to Medicare Advantage (MA) plans by an average of 0.16%. This marks the second consecutive year of appeasing progressives. For the last couple of years, health care proposals arising from the ashes of Bidenomics have led to multiple questions – chief among them: Is the administration trying to gut private medical care?

Medicare Advantage Gets a Haircut

Also known as Medicare Part C, Medicare Advantage is a type of hospital and medical insurance offered by private firms rather than the federal government. The Medicare-approved entities are required to follow the rules outlined by the US government. AARP, an advocacy group for senior…

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