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Medicare Advantage is not cheaper for taxpayers
Posted on: March 13, 2021 at 14:07:59 CT
Knucklehead MU
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From the article I posted:
"In 2019 each Medicare Advantage beneficiary cost taxpayers $11,822 while those in original Medicare cost $10,813 each – that’s over $1,000 more and over 9% more per person"
Rising medicare costs due to an aging population and our absurdly high medical prices in the US are a major factor contributing to forecasts of higher deficit. In fact they are a much greater contributor to those forecasted increases than social security. Some, especially on the right, express deep concern over rising "entitlements" costs and talk frequently about the need to contain entitlement costs. Those rising entitlement costs are primarily medicare costs. One way to reduce future deficits is to rely more on traditional medicare.
Edited by Knucklehead at 14:15:55 on 03/13/21
"In 2019 each Medicare Advantage beneficiary cost taxpayers $11,822 while those in original Medicare cost $10,813 each – that’s over $1,000 more and over 9% more per person"
Rising medicare costs due to an aging population and our absurdly high medical prices in the US are a major factor contributing to forecasts of higher deficit. In fact they are a much greater contributor to those forecasted increases than social security. Some, especially on the right, express deep concern over rising "entitlements" costs and talk frequently about the need to contain entitlement costs. Those rising entitlement costs are primarily medicare costs. One way to reduce future deficits is to rely more on traditional medicare.
Edited by Knucklehead at 14:15:55 on 03/13/21
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Medicare Advantage is not cheaper for taxpayers - Knucklehead MU - 3/13 14:07:59