Health Beat Blog on the high cost of Medicare “Advantage”

Here’s how it starts:

On Monday, the Bush Administration announced that next year payments toprivate insurers who offer Medicare to seniors will rise by 3.6percent. This is a mistake. The last thing that the Medicare Advantage(MA) program needs is more money thrown at it. Indeed, MA has turnedout to be a money-eating monster—in large part because the governmentgave it a blank check when the program was born, under the cover ofdarkness, in 2003.

More here:  http://www.healthbeatblog.org/2008/04/the-high-cost-o.html