Medicare Advantage and the 'theft' of $156 billion
In a Dec. 27 lead editorial, "Government Advantage," the editorial writers of The Wall Street Journal wrote: Amid the larger ObamaCare meltdown, seniors are discovering their choices are fewer, costs higher and coverage poorer too. Liberals fear the increasing popularity of Medicare Advantage, and they're starting to gut this market alternative to their original health care entitlement before the sand runs out on President Obama's second term. About 14 million people or 28 percent of Medicare beneficiaries choose Advantage over the government option, which is why the Affordable Care Act steals about $156 billion from the program – even as enrollment has surged 30 percent since 2010.
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