Friday, February 29, 2008

Another Government Study Questions the Medicare Advantage Business

You can now add the Government Accountability Office (GAO) to MedPAC and the CBO as highly respected government agencies who have issued reports questioning the cost effectiveness of the private Medicare program.This time, the GAO said:Insurers will receive $86 billion this year for the private Medicare plan--Medicare Advantage.Last year the government paid the private plans $8.3 billion more

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