plans has doubled in the past decade, to about 31 million, now covering more than half of all people on Medicare. The program paid commercial insurers about $455 billion last year. But it also costs more than traditional Medicare. By next year, Medicare Advantage is set to cost the government $83 billion more than the traditional program would pay to cover the same people, according to estimates from a Congressional advisory group.
Despite the spending surge, that shift didn’t register much in national politics. But concerns about the cost of the program have been rising for years from wonkier corners of Washington.
No comments:
Post a Comment