Whistleblower Says Insurers Are Bilking Medicare - Diverse Health

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Whistleblower Says Insurers Are Bilking Medicare

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by Mary Williams Walsh

When Medicare was facing an impossible $13 trillion funding gap, Congress opted for a bold fix: It handed over part of the program to insurance companies, expecting them to provide better care at a lower cost. The new program was named Medicare Advantage.

Nearly 15 years later, a third of all Americans who receive some form of Medicare have chosen the insurer-provided version, which, by most accounts, has been a success.

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