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Dear Dana,
When a health plan speaks more to the bottom line of private
insurers rather than providing affordable coverage, it is
anything but effective. And when taxpayers and beneficiaries are
forced to pay the price, it is wrong.
Nonetheless, Medicare Advantage plans do just that. These plans
effectively subsidize
insurers and are paid on average 12 percent more per member
compared to the cost to care for that person in traditional
Medicare. This amounts to a grand total of $54 billion in
overpayment from seniors and taxpayers over the next five years.
So the question remains, what's the advantage? Reducing these
costly overpayments would generate significant federal funds -
funds that could then be used to cover uninsured kids.
To help explain the debate and why it matters in the context of
SCHIP reauthorization, Families USA will host a national
conference call for advocates.
When: Thursday, June 28 at 3 PM eastern time.
Ron Pollack, Executive Director of Families USA, and other
policy experts will talk about Medicare Advantage: what it is,
how it works (and doesn't work for beneficiaries), and why it
matters right now.
We hope this will be a helpful call for you, whether you work on
Medicare, Medicaid, or children's health issues.
Please join us on June 28. Click here to RSVP
[http://ga3.org/familiesusa/events/medicare_advantage/register.tcl?member_key=wgkn7udrodx3kt5&;]
The rhetoric around Medicare Advantage - the private plans that
compete with the Medicare program - is heating up. Join us for
the call and learn more about the advantages (and disadvantages)
of Medicare Advantage.
Thank you,
Julia Eisman
e-Advocacy Coordinator
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