Wednesday, August 19, 2009

The next healthcare battle: cutting Medicare Advantage

The program gives private insurers a federal subsidy to handle seniors' care. Some swear by it, but others say it's wasteful.
By Christi Parsons and Andrew Zajac
Reporting from Washington - President Obama, struggling to discredit bogus charges that his healthcare overhaul would create "death panels," soon could face another emotionally charged obstacle -- a plan to trim the federal subsidy for a program used by nearly a quarter of Medicare beneficiaries.The program, known as Medicare Advantage, pays insurance companies a hefty premium to enroll senior citizens and provide their medical services through managed-care networks.
Click here to read the rest at the LA Times

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