Thursday, February 2, 2023

Medicare Advantage plans took millions from the US government and aren't required to pay it back

A new report is shedding light on the tactics used by 
Medicare Advantage plans to overcharge the U.S. government for senior-citizen memberships. But despite receiving multi-millions in overage charges, these entities are still holding on to the funds, according to The Chicago Sun-Times.
"Medicare Advantage plans for seniors have dodged a major financial hit as federal officials decided to give them a reprieve on returning hundreds of millions of dollars or more in government overpayments — some dating back a decade or more," the report reads.
Medicare Advantage plans took millions from the US government and aren't required to pay it back

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