Phil Kerpen: Saving Medicare Advantage
DAILY FREEMAN
Medicare Advantage, once a highly innovative and successful health care option providing unique benefit designs for older Americans, is becoming increasingly costly and unstable — and will now be under the microscope in a criminal investigation of one of its biggest players, UnitedHealth. In brief, the exploitation of Medicare Advantage by a handful of massive corporate health services conglomerates threatens to destroy the program.
This is uniquely frustrating because the program is a critically needed alternative to traditional Medicare. Washington discourse has become dangerously polarized between advocates who want to abolish Medicare Advantage on one side and advocates who deny the existence of its many problems on the other. We need a middle path.