Medicare adviser: Medicare Advantage's perks cost too much
Wall Street Journal Health Blog, March 18, 2009
Private Medicare Advantage plans, already targeted for cuts by the Obama administration, are under more pressure in Congress. The latest critique comes from Glenn Hackbarth, chairman of MedPac, a commission created by Congress to advise lawmakers on Medicare. In testimony for the health subcommittee of the House Ways & Means Committee, Hackbarth said the private plans offer patients enhanced benefits, but those benefits aren't being paid for by the efficiencies of the private market. Instead, they come at a "high cost," Hackbarth said.
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