Building on several recent studies that have found massive overpayments to Medicare Advantage (MA) plans, the Center for Medicare Advocacy released a report outlining how policymakers can look to utilize cost savings by reining in overpayments to provide much needed reforms in traditional Medicare, which would accrue to the benefit of all Medicare beneficiaries. The report, drafted by Center for Medicare Advocacy Health Policy Intern Jacob Thayil, provides a sample of several recent legislative and academic proposals to expand Medicare. These proposals can be used by policymakers as a possible starting block to invest recouped inflated payments to MA plans back into health benefits for tens of millions of Medicare beneficiaries.
The report is available at https://medicareadvocacy.org/wp-content/uploads/2024/01/Medicare-Policy-Options.pdf.