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The $9 Billion Upcharge: How Insurers Kept Extra Cash From MedicareCVS, UnitedHealth, Humana and other health insurers’ bids to manage Part D prescription-drug plans for seniors have been consistently off in ways that benefit the companies at the expense of taxpayers, and they can keep the overpayments because of the legislation’s rules. A business that cant lose money? Sounds more like the mafia than a legit operation Even if you have insurance, Medicare always pay's first, and insurance covers co-pay...Is that fair? Stop privatising healthcare. The only reason we don't is because of the jobs that will be lost in the insurance industry. But we're cool with shutting down the government and, with the ripple effect, leaving millions without reliable income? Pretty sure we can figure it out.
Source: WSJ - 🏆 98. / 63 Read more »