Last week, I led a letter with Bernie Sanders and Elizabeth Warren calling on the Health and Human Services Secretary to correct Medicare Advantage overpayments to private insurers. It’s simple, private insurance companies should not be profiteering off of our Medicare system. And we can do something about it.
Right now, billions of Medicare dollars are going into the pockets of private insurance companies, taking away taxpayer dollars that should be applied for urgently needed medical care for our seniors and people with disabilities. This is a complete diversion from the purpose and spirit of the Medicare program.
The government can and must correct these overpayments and redistribute the funds to Medicare recipients.
We must do everything we can to stop private insurance companies from taking advantage of administrative loopholes, especially when it comes to protecting and preserving Medicare funds.
Our public health coverage programs are some of our most vital public benefits programs in America — alongside benefits like Social Security. It’s critical that we ensure we’re not wasting Medicare resources with giveaways to private insurance companies. And it’s critical we use our public resources to help Medicare recipients get the care they need.
Thanks for being a part of this movement.
In solidarity,
Pramila
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