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Medicare Privatization: Windfall for the Special Interests

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Publication Date: October 2006

Publisher(s): Families USA

Author(s): Marc Steinberg

Topic: Health (Health services for older people)

Type: Report

Abstract:

Examines how several decisions by Congress to promote privatized Medicare are costing taxpayers billions of dollars and bringing windfall profits to the insurance and drug industries. The report focuses on 1) overpayments to Medicare Advantage plans, 2) special funding for Medicare regional PPOs, and 3) prices obtained by Part D drug plans.