note that this article talks about how Medicare Advantage is doing poorly. Medicare Advantage was an experiment in privatizing Medicare: it was meant to be the more efficient counterpart to traditional Medicare, as payments were routed through private insurance companies (guess which party supported this miniature analogue to the ACA itself).
unfortunately the magic of the market did not work so well here, and the result is that Medicare Advantage actually costs significantly more than regular Medicare. the ACA reduces the payments made to the private insurance companies to the level of regular Medicare, and thus the article above.
unfortunately the magic of the market did not work so well here, and the result is that Medicare Advantage actually costs significantly more than regular Medicare. the ACA reduces the payments made to the private insurance companies to the level of regular Medicare, and thus the article above.
Comment