May 26, 2023
As Medicare privatization continues, insurers are milking massive profits from systematic overbilling and kneecapping modest Biden proposals
While the traditional Medicare model is not without problems — Medicare only covers 80 percent of expenses, which means that seniors need either Medicaid or a Medigap insurance plan to get full coverage — it has major benefits relative to Medicare Advantage.
The principal benefit of traditional Medicare is that there is not a profit-driven insurer attempting to limit the scope of care that a patient needs.
