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Whose Gets the Gravy?

Posted on 10/24/2007 by |Archived Contributer | Comments

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Ray highlighted it this morning – Larry Lipman’s Medicare Monitor talking about the recent ads by AARP and the AMA on limiting payments to Medicare Advantage plans. What’s it all about? Basically insurance companies are getting paid to the tune of $54 billion while people who receive Medicare have seen their premiums double since 2000. Something is out of whack when the insurance companies are getting the gravy and the Medicare beneficiaries are getting stuck with the bill.