Medicare Advantage Fraud In Plain Sight
The federal government may be finally realizing just how fraudulent the insurers are who provide Medicare Advantage policies. According to the Physicians for a National Health Plan (PNHP)”… federal administrators stood by their initial 3.7% increase, sending a message to corporate insurers that the Medicare Advantage gravy train may finally be slowing down.”
That would be something close to miraculous considering that many Advantage insurers have been found to be acting fraudulently and that most studies indicate that the Advantage program is draining money from the Medicare program at an alarming rate.
Five of the top 10 Advantage insurers have been accused of fraud by whistleblowers as well as the federal government.